CAIXA Lottery Revenues Decline SOUTH AMERICA
Te collection of funds generated via lotteries by the largest state owned bank and lottery operator – the Caixa Econômica Federal (CAIXA) - are down
Te Secretary for Economic Monitoring in Brazil has revealed that lottery revenues have fallen as part of the economic downturn
BRAZIL LOTTERY OPERATIONS
SURINAME – APEX gaming is now available to players in Suriname. The very latest slant-top slot machines from APEX gaming – the Pinnacle SL – have been prominently placed within the Ambassador Casino in the coastal city of Paramaribo.
The great mix of games on the EVO platform, such as 3D games Queen Cleopatra, Ocean Tale, APEX Nemo, APEX Wonderland among other classics, have proven an instant hit with players. David Smith, General Manager at Ambassador Casino & Hotel (pictured), confirmed: “We have been looking to bring in a new supplier that offers something different, that added extra that will offered greater entertainment value for our customers. The APEX team is extremely professional and has supported us 100 per cent in ensuring we can place the exciting Pinnacle slots on our floor.
“Our customers have taken to APEX. Their slots stand out on our casino floor, they are extremely high-tech. The EVO2 platform is ultra-modern, offering a great selection of games. This was a great decision to place APEX slots on our casino floor. The APEX slots have been performing outstandingly here - and are consistently within the top two from the range slots we offer - and that’s from the first day of installation. The interest from our guests is huge and it continues to grow!”
Kubilay Özer, Global Sales Director at APEX gaming, is proud to have received such strong praise from the team at Ambassador Casino and stated: “This truly aligns with our global approach to gaming. Our games delight players all around the world. We are here to make a difference – to take gaming to the next level. My thanks go to David and his team for recognising the opportunities to bring enhanced gaming entertainment on their casino floor by introducing APEX gaming.”
MEXICO – Senator José María Martínez a member of the National Action Party (PAN) has demanded that the Mexican Ministry of the Interior (SEGOB) submit a report to the Senate regarding the number of casinos currently in operation in Mexico as well as the exact number of applications that have been made to open more establishments. The Senator expressed his concern over the lack of statistical data regarding the numbers operating in Mexico. SEGOB must now deliver a report on the issue to the Senate. Martinez said that according to the information available, there are at least 100,000 slots operating in Mexico, and 434 casinos in operation out of a total of 789 licences that have been granted so far. This means that a further 364 casinos could open. This does not include the number of casinos operating on the margins of the law via legal protection granted by local courts.
P14 NEWSWIRE / INTERACTIVE /
247.COM
Last year, funds generated by CAIXA lotteries reached R$12.8bn a 13.8 per cent decrease compared to the prior year when the figure stood at R$14.9bn. According to the Secretary for Economic Monitoring, which is part of the Ministry of Finance, the decrease is due to the downturn in the Brazilian economy in 2016.
However, a spokesman said that there was still room for significant growth in the sector. "Federal lotteries have great potential for expansion in the country, since, in comparison to what is happening in the world, few lottery modalities are explored in Brazil, which substantially affects per capita revenue," the Finance Ministry said.
News of decreasing revenues comes at a time when it is looking increasingly likely that CAIXA could have a major role to play in the running of online gaming should the government give online gaming the green light. In November it was revealed that new gambling legislation under consideration in the Senate would place online gaming under the supervision of the Federal government and
Paraguay
Workers from Paraguay’s National Ports Authority in Ciudad del Este have discussed measures which they plan to take against a proposed casino and hotel in the city.
Workers plan to protest the granting of a building permit to the casino which will be located in a building belonging to the headquarters of Paraguay’s National Ports Authority (ANNP) at the head of the Friendship Bridge (Puente de la Amistad) - an arch bridge connecting the Brazilian city of Foz do Iguaçu and Ciudad del Este. In November 2015, trade unionists asked a judge to block the move arguing that there was a ban in place that prohibits further development in the area.
Much of the opposition to the project is being fuelled by speculation that the hotel could be a duty free zone, which will lead to unfair competition for the other shops and businesses already established in the area.
Caixa would become the regulatory body and be responsible for monitoring the industry and granting licences.
CAIXA is also inestigating plans to operate a unit which will look into ways to expand into the casino and bingo market and would allow for a legalised version of the popular Jogo do Bicho or Animal Game. At the same time, the government is also looking at ways to create what would initially be a state-owned online sports betting company. Foreign operators would be invited to take part in the venture in which CAIXA would remain a minority investor once the company was privatised.
In order to raise additional cash for state coffers CAIXA’s instant lottery arm Lotex would be privatised as well. According to government sources, the privatisation of instant tickets would generate revenue of between R$2.2bn and R$4bn a year while annual revenue for the government would stand at around R$1bn. Combined, the sale of both privatised instants and the right to offer online sports betting, could raise R$8.4bn for the government.
First major installations for EGT gaming equipment in Mexico
Mexico
Te first major installations of EGT’s Premier gaming equipment in Mexico are already a fact.
Te Bulgarian manufacturer has delivered 36 cabinets of the P-24/24 Up slot model in seven gambling establishments, owned by one of the most respected local operators – Caliente, having over 100 years of experience in the entertainment industry.
Caliente’s casinos are equipped with over 6,000 machines and function with modern electronic gaming terminals. Te operator also manages the first online casino in the country, as well as bingo and sports betting halls with live greyhound and horse racing simulcast and is constantly expanding its presence in
Mexico, as well as in Central and South America.
Te installed P-24/24 Up cabinet is recognised as the best performing product of EGT globally, thanks also to its rich Premier multigame mixes Multi-3, 4, 5, and 6, each including over 40 diverse gaming titles, capable of satisfying most players.
Tis is the first delivery of EGT machines with an operator in Mexico and so far the feedback is more than promising – the games are now among the most popular in Caliente’s casinos Carrusel, Ensenada, Calimax, Hipodromo in Tijuana, Morelia, Nogales and Revolution.
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