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G3Newswire SOUTH AMERICA NEWS WWW.G3NEWSWIRE.COM


PERU/PANAMA - GTECH APPOINTS NEW SALES TEAM GTECH has announced the appoint- ment of two new Senior Sales Representatives for the Peruvian market, Gina Macheri and Karina Moral. The company has added two sales executives to GTECH’s Peruvian workforce in response to the importance and growth of this market in the Latin American region.


Ms. Macheri (top) joined GTECH as Technical and Operations Assistant in 2012 and was promoted six months later to Assistant Head of Sales. In her new position as Senior Sales Representative, Ms. Macheri reports to Jessica Luna, GTECH Director of Sales and Services for Latin America and the Caribbean.


Ms. Moral joined GTECH as a Sales Assistant in 2012 and soon after was promoted to the Finance Department. In her new role as Senior Sales Representative in Peru, Ms. Moral reports to Ms. Luna.


GTECH has also announced the appointment of Sebastián Mariasis as its new Sales Manager for Panama. In this role, Mariasis will provide dedicated support, service and consulting to customers in this important market.


For nearly a decade, Mariasis has played a key role as a spe- cialist in GTECH’s Systems Division, providing technical and service support to customers in Argentina, Panama and Chile. His extensive experience in gaming, his regional tech- nical and product knowledge, and his diverse professional training acquired while working for ATRONIC in Argentina, for GTECH Chile and currently, for GTECH Argentina, has quali- fied Mariasis for his new appointment as Sales Manager for Panama.


ARGENTINA – LOTTERY TO INVESTIGATE CASINOS The Provincial Institute of Lotteries and Casinos of the province of Misiones (IPLYC) is currently reviewing casino contracts located in the city of Puerto Iguazú and the province amongst claims that operators have refused to comply with new taxes. The agency is putting all casinos in the city under the review especially the Hotel Casino located in the city of Puerto Iguazú as they claim that executives have failed to act responsibly when it comes to its tax com- mitments. The new taxes went into effect on January 1st and also affect banks as well as other financial institutions and telephone companies. The IPLYC has also announced that it will also be investigating another as yet unnamed casino located in the north.


MEXICO – ELA SHOW POSTPONED (AGAIN) TILL 2015 The Mexican Gaming Exhibition will be postponed until next year, the organisers have stated. In a world-wide survey car- ried out on over 18,000 gaming sector professionals, an overwhelming majority – 89% - opted to wait until 2015. Only 3% pronounced themselves in favour of the fair being held this year, with the remaining 8% having no opinion.


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URUGUAY Head of the Uruguayan Gaming Board Javier Chá has announced that the casino at the Mantra Resort Spa and Casinos located in Punta Del Este closed on February 28 and will not reopen until December 1. From that point on the casino will only open in the summer season rather than the whole year round. Reassuring locals that no jobs were at risk Mr Chá said that the casino is only profitable during summer as the casino is located 30km from the centre of the spa and has no slots.


Mr Chá said: “We are currently in discussions with the company (Vidaplan SA) to adapt the opera-


tion of the casino, where the com- mercial reality tells us that it is feasible only in the summer sea- son. In the rest of the year the casino has no chance of operating with a profit.”


The head of the gaming board also told El Pais that the casino had reported losses of USS$500,000 last year and that its main clien- tele were affluent tourists. In response to the news union mem- bers for the workers at the Nuevo Nogaró, which is also a joint enterprise between Vidaplan SA and the state, announced that they would go on strike once the casino in La Mantra closes its doors.


GAMING IS ON THE RISE IN PANAMA


Figures from the latest Panamanian government report show that gaming is increasing right across the country


Panama - Statistics


Figures issued by the Panamanian government have shown that gaming revenue between November 2012 and December 2013 stood at US$2682.2m – an increase of 12.1 per cent. In the same period the industry recorded revenues of around US$288.5m more than the previous year.


The most popular activity were slot machines located in casinos and slot parlours (classed as Type A in Panamanian gaming law) with gaming gross revenue standing at US$ 1.781m – 17 . 4 per cent more than in 2012.


The National Lottery was the second most popular activity and generated U$$532m. Meanwhile, gaming tables also saw an increase of 1.6 per cent. However, betting at race tracks, bingo halls and sports-betting shops fell by 2.9 per cent, 8.2 per cent and 30.7 per cent respectively, during the same period.


Slot machines operators also paid less tax despite an increase in gaming revenue. In 2012 Panama’s National Assembly proposed to increase the then current taxation rate of 19 per cent of gross income generated on slot machines to 22 per cent.


However, in the third reading of the act the tax on slot machines was actually reduced from 19 per cent to 18 per cent.


The rise in gaming in Panama is also thanks to the increasing popularity of Panama as a tourist desti- nation. The most recent official figures show that between January and November 2013 a total 1.8 million tourists visited Panama, which in turn spent a total of U $ 2.245m.


The gaming industry in Panama has seen a dra- matic transformation since 1998. Before 1998 there were only a small handful of casinos in Panama all of which were state run. In 1998 the government passed a wide sweeping gaming law which permitted casinos as long as they were part of five star hotel with a minimum of 300 rooms. Since then the casino industry in Panama has grown rapidly and is now home to one of the most developed gaming industries in the entire region. This boom has coincided with Panama’s growing tourist industry and subsequent building boom - the largest of its kind in the history of Latin America.


Mantra casino to open in the summer season exclusively


Argentina The Provincial Institute of Lotteries and Casinos of the province of Misiones (IPLYC) is reviewing casino contracts located in the city of Puerto Iguazú and the province amongst claims that operators have refused to comply with new taxes. The agency is putting all casinos in the city under review especially the Hotel Casino located in the city of Puerto Iguazú as they claim that executives have failed to act responsibly when it comes to tax commitments. The new taxes went into effect on January 1st and also affect banks as well as other financial institutions and telephone companies. The IPLYC announced that it will also be investigating another as yet unnamed casino located in the north. According to the IPLYC operators have acted against the needs of the locals and are questioning the fact that the Hotel Casino does not pay tax on around US$1m a month.


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