Coolbet is an Estonian online sportsbook and casino operator founded in 2016 in Tallinn, known for publishing the margin on every betting market and for a customer-facing transparency policy that distinguished it in the Nordic and Baltic markets. It holds licences in Estonia, Latvia, Sweden, Denmark, Finland's incoming regime and Ontario, and has expanded into Latin America with licensed operations in Chile, Peru, Mexico and Ecuador. Coolbet was acquired by GAN in 2021 as the B2C arm of that group, and GAN itself was acquired by Japan's Sega Sammy in 2025, making Coolbet part of a Japanese-owned gaming group.
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Coolbet has notified Estonia's Unemployment Insurance Fund of collective redundancies at its Tallinn headquarters, covering close to half of the staff at its Estonian company. The reason it gives points at the B2B platform business that Sega Sammy bought with GAN, not at the Coolbet sportsbook.
President José Antonio Kast's government has finally filed its amendments to Chile's stalled online betting bill, pairing a 22% effective tax on gaming revenue with a ban on all betting advertising. Senators from several parties immediately called the tax too low.
Polla Chilena has asked a Santiago court to investigate Betsson, Betano, 1xBet, Coolbet and seven others for unauthorised gambling, money laundering and criminal association. The state is collecting VAT from the same companies its own lottery is describing as an organisation.
In a dramatic development for the Latin American iGaming market, Chile's Supreme Court has ordered the country's largest telecommunication firms to block all