Blask data indicates Venezuela’s iGaming demand remained stable in the initial days following the US operation in Caracas.

On 3 January, US forces detained Venezuelan president Nicolás Maduro, transporting him from Caracas to face prosecution in New York. The raid came after months of intensifying American pressure throughout 2025 — naval presence, targeted strikes, and a fresh sanctions package. 

For Venezuela’s iGaming sector, the disruption poses a critical question: will demand collapse, or adapt?

First results

Blask’s daily Index remained within a tight corridor from 1–4 January, hovering in the high-200K zone. It dropped 5% to 257.4K on the day of the operation, before recovering the next day.

The data reveals no abrupt demand shift during this period. A slight decline sits within Venezuela’s normal daily fluctuations and does not point to a fundamental market change.

Rapid expansion, growing dominance

Venezuela stood out as one of iGaming’s strongest demand gainers in 2025. Blask Index surged 134.9% year-on-year — the second-highest growth worldwide.

This expansion came alongside increasing market dominance. By December, Triunfo Bet commanded 59% of Blask’s BAP (Brand Accumulated Power, measuring a brand’s portion of total user interest nationally), gaining 15 percentage points since January. The top three brands collectively reached over 85%, up 11 points.

The award-winning fast-paced content provider continues its strategic expansion in Latin America with a strategic hire 

BETER,  the award-winning provider of live streams, real-time data, and odds for esports and sports content, is doubling down on its push into the Latin American market with the appointment of Matias Tapia Gomez as LatAm Business Development Manager.

​In his new role at BETER, Matias will drive the company’s expansion across Latin America, forging new partnerships with regional operators and aggregators. Based in Argentina, he will also manage relationships with existing partners to ensure they maximize the benefits of the provider’s next-gen content offering, while further strengthening BETER’s presence across the continent.

Matias is an experienced business development professional with a career spanning over two decades. For the last eight years, he has focused on the iGaming sector with strong expertise in the Latin American market, holding different positions at prominent companies such as Stats Perform, Altenar, and LSports, where he was instrumental in expanding their business operations.

BETER’s commitment to the region is backed by its robust regulatory standing. The company has necessary regulatory approvals to operate in major jurisdictions, including Peru and Argentina (specifically the City of Buenos Aires). This enables BETER to work directly with licensed operators, providing them with its esports and sports content tailored to the local market’s needs and players.

Chuck Robinson, Chief Revenue Officer at BETER, said: “Latin America is a fast-moving market and one that has become incredibly important for BETER with our products already live with big-name operators in Argentina, Peru, Brazil, and beyond.

“We have bold and ambitious plans for the region, as our products are in increasing demand there, and Matias’ appointment as LatAm Business Development Manager will be a further catalyst for growth in the market and a significant step towards achieving the goals we have set.

“I’d like to officially welcome Matias to BETER and look forward to him contributing to our continued success in Latin America as the market evolves and grows at pace.”

Matias Tapia Gomez added: “Fast-betting content is a must-have for operators targeting the Latin American market, and BETER is the go-to provider of this content.

“Our sports and esports offerings perform incredibly well with operators across the region, as they deliver the experiences players are seeking.

​“As LatAm Business Development Manager, I look forward to making more operators aware of BETER’s award-winning offering, and helping them to enhance their proposition to players with content that’s proven to deliver for sportsbooks worldwide.”