News February 2025
Gambling expansion underway in Argentine province of Córdoba Operator News
Four companies will compete for the concession of casinos, hotels, and slot machines in the province of Córdoba, as announced by the Lotería de Córdoba. In the zone encompassing the municipalities of Alta Gracia, Cruz del Eje, and Río Ceballos the firms that submitted their bids were CET SA (the current concessionaire), Casino de Victoria and Fuente Mayor, a company with capital from Mendoza. Meanwhile, for the zones identified in the tender as the “Federal and Tourist Rings,” the same companies submitted bids, along with Boldt S.A. Te lottery has since announced that, with the establishment of the Evaluation and Monitoring Committee for the bidding process, along with representatives from the participating companies, the envelopes for the tender issued by the
Colombia imposes VAT on online gambling due to security crisis Legislation
Colombia’s Minister of Finance, Diego Guevara, has announced that, based on the state of emergency decree due to the security crisis in Catatumbo, VAT will be implemented on online gambling. In October, the Government reiterated that, as part of a tax reform aimed at financing the 2025
Operator News Mixed bag in New Jersey
New Jersey’s gambling revenue set a new record in 2024, hitting $5.7bn, up from the previous record of $5.2bn. However, online gaming accounting for $2.4bn last year, up more than 24 per cent. In-person gambling in Atlantic City’s casinos dropped by 1.1 per cent compared to 2023, coming in at $2.8bn. Sports betting also set a new record in 2024, with a best ever $12.7bn in bets and $1.1bn in revenue , up 8.7 per cent increase from 2023.
Supplier News Novomatic buys Vikings
Novomatic has signed an agreement to acquire the French casino group Vikings Casinos, continuing its international growth strategy in the French market and significantly expanding its portfolio in one of the largest gaming regions in Europe. Te Vikings Casinos Group, based in Falaise, is one of the leading French casino chains, operating more than 10 live gaming casinos throughout France, including on the Côte d’Azur.
institution were officially opened. Te appointed Committee will now conduct a
detailed examination of the submitted documentation before moving onto the next stage containing economic proposals. In December, Governor Martín Llaryora decided
to call for the tender for slot machines three years prior to the expiration of the concession held by the Concesionaria de Entretenimientos y Turismo,
Budget, it was looking to apply a 19 per cent VAT to the online gambling sector. However, in December the article was removed. Opposition members have raised concerns about the potential misuse of the state of emergency, which grants the President the authority to create or modify taxes during its duration. Over 32,000 individuals have escaped from the northern Colombian region of Catatumbo, where two rival rebel groups are locked in a violent conflict.
Legislation Brazil blocks 9,600 sites
Between October 2024 and January 2025, Brazil's Ministry of Finance, through the Secretary of Prizes and Betting, blocked 9,600 illegal betting websites. A report from Valor Econômico points out that the crackdown on illegal sites commenced in October of the previous year when the initial list, which included over 2,000 domains, was submitted. At present, only 76 companies have been authorised to operate in the country.
SkyCity resolves contractual dispute Legislation
New Zealand-based SkyCity Entertainment Group has agreed to pay the South Australian government a total of AU$38.1m to resolve a long-running contractual dispute over the treatment of loyalty points converted to gaming machine play for the purpose of calculating casino duty. Te total includes the payment of AU$13.1m in additional casino duty and AU$24.8m in interest, encompassing casino duty return periods from January 2014 to January 2024. “Tis has been a long running matter involving highly
technical tax issues regarding the calculation of casino duty and the interpretation of the Agreement,” said SkyCity CEO Jason Walbridge. “SkyCity is pleased the matter has been resolved and will continue to work with RevenueSA to ensure a cooperative and constructive relationship.”
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which belongs to the Roggio Group. In addition, the casinos that manage table games, which are currently run by Lotería de Córdoba, will now pass into private hands. While private entities will take full
responsibility for the casinos, the provincial agency will retain control of the Villa Carlos Paz casino, which collects 75 per cent of the near-$7bn that was wagered last year on roulette and poker.
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