Atucha Strategic Advisory announced Eliane Nunes’ appointment as Head of Revenue & Commercial Growth. The company said she will focus on revenue development, commercial expansion and partnership-building, with a primary focus on Brazil and Latin America.
The appointment supports Atucha’s revenue development, commercial expansion and partnerships focused on Brazil and Latin America.
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Brazil’s presidential runoff takes place on 25 October as the provisional measure banning licensed betting awaits a decision by Congress. Flávio Bolsonaro’s Liberal Party won 121 of 513 Chamber of Deputies seats, while commentators Ramiro Atucha and Udo Seckelmann said the election result would not determine whether the market returns.
Brazil's presidential election will go to a second round on 25 October, with the future of the country's licensed betting market still unresolved. Incumbent president Luiz Inácio Lula da Silva banned the sector in late September through a provisional measure, which now goes to the National Congress to decide whether it becomes permanent. Neither candidate passed the 50% needed to avoid a runoff in the first round.
Sentient Studios appointed Atucha Strategic Advisory (ASA) to represent it commercially across Latin America, the companies said. ASA founder and chief executive Ramiro Atucha will also serve as a board adviser while overseeing regional commercial activity.
Industry figures are debating whether Argentina should replace its province-by-province gambling regulation with a federal framework. Ramiro Atucha, founder and CEO of Atucha Strategic Advisory, said unification would be the best outcome but faces constitutional limits. A Buenos Aires City Lottery official said regulators are cooperating on common criteria.
Brazilian President Luiz Inácio Lula da Silva called for a ban on online betting in a national address on Sunday, prompting criticism from industry representatives. Ramiro Atucha said the remarks could undermine investor confidence, while Udo Seckelmann argued that prohibition would push activity back to unlicensed operators and require a new legislative process.
Market adviser Ramiro Atucha said demand for online gambling would persist and move offshore if Brazil banned online casinos. He described such a ban as unfair to operators in the regulated market, amid rumours of a possible prohibition.