Coolbet sued by Chilean casino over online betting activity
- By: Tebearau Egbe
- July 5, 2022
- LikeUnlikeLike
- 1183 Views
Chilean casino operator Dreams has condemned Coolbet for allegedly conducting illegal gambling operations in the nation. This accusation is thought to be triggered by a highly lucrative sponsorship deal between the Chilean soccer team Colo-Colo and Coolbet, which was finalized last week.
On Tuesday, Dreams initiated legal action against the gaming platform on the grounds that it unlawfully operates gambling activities. The Chilean Prosecutor’s Office has started collecting data concerning the National Association of Pro Soccer (ANFP) and six clubs.
The conflict between conventional casinos and online gambling providers has been going on for the past three months. During the COVID-19 outbreak, online gambling grew quickly, and as a result, many soccer clubs have since taken on betting brands as major sponsors.
In January, Betsson signed on as a sponsor for Colo-Colo. Now, the most renowned soccer team in Chile also has a US$3 million yearly contract with Coolbet. The European betting business has taken the place of Pilsen del Sur as the team’s main shirt sponsor.
In March, Dreams casino accused Betsson of engaging in unlawful gambling exploitation and filed a lawsuit against the operator. The casino said that the illicit use of lotteries and other betting violates multiple sections of the country’s legal system. In addition, it stated that it does not have permission to conduct business in the nation from the Superintendence of Gaming Casinos (SCJ).
Gambling is illegal in Chile under current legislation, with a few exceptions that are explicitly allowed by law. These include the state-operated Chilean Charity Drive, the Concepción Lottery, horse racing, and conventional land-based casinos. The general assumption in Chile is that online gambling is prohibited, as the nation’s legislation does not specify any other forms of gambling.
The Superintendency of Casinos has lodged 22 charges against various gambling websites since the beginning of 2019. Reports have been lodged against Casinoenchile, Juegaenl’nea, Pokerenchile, Rivalo, LeoVegas, Casinoonlineenchile, Rojabet, Betway, Betfair, and a number of other online gambling sites, Coolbet inclusive.
In the case Dreams has filed, it notes that Coolbet is directly targeting the Chilean industry with its sports betting and online casino services. It asserts that the platform is acting illegally by functioning outside of the law. As supporting proof, it provided a screenshot from the Coolbet website, which said that the site processes transactions in Chilean pesos for both withdrawals and deposits. The Dreams legal team also made hints that this may be a potential method of laundering money.
No information about Coolbet’s representatives in Chile is provided on its website. In addition to that, it does not mention the business’s address or the legal entity that it utilizes in order to conduct business in the nation. Dreams notes that in order for the company to have been in a position to lawfully execute the deals, it must have had some form of legal footing in the country.
It was requested that Alfredo Stohwing, the president of Colo-Colo, come before the court in order to offer background information to verify the sponsorship. This is where Ñuñoa Prosecutor’s Office began investigating Betsson’s earlier allegation.
You may also like
Join the Betting Planet team!
Are you passionate about sports betting? Sports news writers required TODAY!
Experienced preferred but not essential. (All apps considered).
View Careers at Race MediaTop Online Casinos
Latest Betting News
- EPL Matchweek 14 betting picks, odds & predictions
- Aljamain Sterling looking to silence critics at UFC 310
- Browns @ Broncos NFL Monday betting picks | Week 13
- Jack Draper credits newfound maturity for career-best season
- NZ v England: Latham unfazed by Black Caps’ fielding woes
- South Africa rises to 2nd in WTC after big win against Sri Lanka
- England take command on day three of First Test vs New Zealand
- NFL Sunday Week 13 free preview and betting picks | December 1
- South Africa near victory in Durban Test against Sri Lanka
- La Liga betting tips, prop picks & best odds | Matchday 15
Casino Guides
- Safest online casino jurisdictions
- How to guides
- How to win at pokies
- How to play online pokies
- PaysafeCard online casino deposits
- MasterCard Online Casinos
- Online Casinos Accepting POLi
- 32Red Casino Review
- All Slots Casino Review
- Boombet Casino review
- Horse racing games at casinos
- Credit card deposits at online casinos
- Films about blackjack
- Live dealer casinos
- How to play live dealer blackjack party
- Online Blackjack
- Top online casinos 2024
- Online casino deposits
- MasterCard Online Casinos
- Online Casinos Accepting POLi
- PaysafeCard online casino deposits
- Online slots
- Playing Pai Gow Poker on the Internet
- Online keno
- Online poker
- Online poker tournament structures
- Real money online roulette 2024
- Online multi-wheel roulette – what is it?
- How to play online scratch cards in 2024
- Sit & Go online poker tournaments
- Skrill e-wallet deposits at online casinos
- Visa online casino deposits
Sports Betting Guides
Casino Games
Deposits & Withdrawals
Football
Basketball
Top Country Betting sites
- Angola
- Antigua and Barbuda
- Armenia
- Australia
- Azerbaijan
- Bahamas
- Barbados
- Belize
- Brazil
- Canada
- Dominican Republic
- Germany
- Ghana
- Grenada
- India
- Indonesia
- Italy
- Kenya
- Malaysia
- Malta
- Ireland
- Netherlands
- New Zealand
- Nigeria
- Norway
- Philippines
- Singapore
- South Africa
- Turkey
- Uganda
- Ukraine
- United Kingdom
- Vietnam
- Zambia
- Zimbabwe