Estelarbet launches online gaming and sports betting operations in Ecuador

Estelarbet, a Latin American online sports betting and gaming operator, announced that it has launched its activities in Ecuador. The presentation event of the new platform in the country, which included a soccer match, a press conference, an exclusive dinner, and an awards ceremony, took place at the Atahualpa stadium in Quito.

For this event, Estelarbet - which is also present in Brazil, Peru, and Chile - organized an exhibition match between Club Atlético Vinotinto and Estelarbet's "All-Star Team" (made up of TV stars, influencers and former players). The victory and the Estelarbet 2023 Cup were claimed by Club Atlético Vinotinto.

This match took place on August 25, after the Pro League match between Club Deportivo El Nacional and Cumbaya S.C.

In addition to the match, Estelarbet held a press conference, in which it revealed "some of the surprises to come". "We are very pleased to launch our operations in the country. As you know, there are sports betting sites of all kinds, but we are a Latin American site. Our company is going to start hiring local personnel, it is going to set up offices here. For us, as a company, Ecuador has always been a country we have been observing and in which we have been interested in participating", said Estelarbet's CEO, Sebastián Salazar.

Estelarbet also emphasized that the launching of the brand in Ecuador takes place during the legalization of sports betting sites, whose tax regulation was made with the Organic Law for the Strengthening of the Family Economy, approved by the Constitutional Court in June of this year.

"A legislative change that occurred recently is upon us. We also believe that this legislative change, which brings a 15% tax for sports prediction companies, is a very positive issue from the point of view of tax collection. This makes us very happy to be able to provide a number of markets that are attractive, distinctive, and entertaining, in order to captivate the Ecuadorian public and also to contribute to the development of the country's sports," Salazar added.

The company also explained that its platform "has more than 30,000 markets available monthly for the most diverse sports", including soccer, basketball, volleyball, tennis, and MMA, and that its version for Android and IOS is available.

The firm also said it is in the process of integrating all the payment methods available in Ecuador. It also has in-store payment networks and online support 24 hours a day, 7 days a week.

"It was a magical night. Our awards dazzled, and we spent time with clients, influencers, and partners of the company in an exclusive dinner. At Estelarbet we are committed to taking Ecuador's gaming and entertainment experience to the next level," Estelarbet's CEO concluded.