SOUTH AMERICA
Chile - Casinos record slight January increase Gross gaming revenue for the nineteen casinos operating in Chile combined with the seven municipal casinos in January reached $ 42,822m (US$50,617,021). This is a monthly variation of 1.6 per cent when compared to the same month last year, while the real cumulative growth rate stood at - 4.3 per cent in the last 12 months.
According to the latest report released by the Chilean Gaming control Board (SJC), in terms of gross gaming revenue, income generated by the casinos authorised by Law No. 19,995 recorded a gross win of $28,919m, making up 67.5 per cent of the total recording a cumulative real growth of -2.6 per cent, in the last 12 months. This figure reflects a real monthly variation of -5.1 per cent compared to January last year. On the other hand, the municipal casinos recorded a total of $13,903m gross income, making up the remaining 32.5 per cent of the total. This figure reflects a real monthly variation of -4.9 per cent compared to January 2019 and a cumulative real growth of -8.4 per cent in the last 12 months.
Regarding visitor spending during the month for the casinos which already come under the supervision of the SJC, average expenditure stood at $ 60,723 per visit, meaning a real variation of -2.2 per cent compared to January 2019, and real cumulative growth rate in spending of - 2.0 per cent in the last 12 months. Meanwhile the 476,244 registered visitors are equivalent to a variation of 7.4 per cent compared to January 2019 reflecting a cumulative growth of -0.6 per cent in the last 12 months. Data for average visitor spend for the municipal casinos is unavailable. Meanwhile total visitors to the municipal casinos (not including Puerto Varas, which does not record this information) stood at 213,388.
The amount played in the month of January in the 10,717 slot machines that were in operation in the 19 regulated casinos amounted to $391,364m. The prizes paid to the players reached $ 367,084m, equivalent to 93.8 per cent of the total wagered and as a result, the gross income or win corresponding to gaming via slot machines stood at $ 24,280m, which is equivalent to 84.0 per cent of the total gross income for the casinos.
In January, the 19 casinos -without counting the seven municipal concessions- contributed a total of $10,976m in taxes, of which $ 4,703m came from the specific gaming tax destined for the Regional Governments and Municipalities where they operate for the financing of development works, in addition to the sum of $4,617m associated with the payment of VAT and $ 1,656m corresponding to the entrance tax on gaming rooms, which are destined to the general funds for the nation.
According to the latest report released by the SJC, in terms of the gross gaming revenue generated by the casinos of the total of $42,822m, Sun Monticello came in first with 18.0 per cent ($ 7,705m). Casino Viña del Mar came in second with 12.4 per cent ($ 5,306m), and Marina del Sol Talcahuano came in third with 8.1 per cent ($ 3,460m). Unfortunately income is likely to fall as Chile tries to get a grip on the coronavirus. By order of the gaming board, all gaming casinos in the country had to close their doors, as a preventive measure against the advance of the virus.
P8 NEWSWIRE / INTERACTIVE / MARKET DATA
Te Minister for Production, Rocío Ingred Barrios Alvarado, stated that the tourism sector in Peru is currently in “intensive care”
PERU GOVERNMENT Peru's casinos won't reopen until August
Peruvian President Martín Vizcarra passed a controversial measure to control the pandemic, quarantining men and women on different days of the week
According to President of the National Chamber of Tourism Carlos Canales Anchorena, casinos will not reopen until August. While the government plans a gradual reopening of the tourism sector, casinos will be the last sector to open to the public the Minister claimed. Casinos will be opened as part of the “Tourism for All” programme which will launch in July.
In an interview with magazine Caretas the minister admitted that the tourism sector was currently “in intensive care.” While large scale inbound tourism will be closed this year apart from possibly business travel he said he was optimistic that domestic tourism will see an upsurge later this year.
“Te Minister of Production (Rocío Ingred Barrios Alvarado) has indicated that some measures will be taken in phases one, two and three. Our sector is in phase three. Tus, we will rejoin on June 15, when the health emergency ends.”
Brazil Online operators in Brazil turn to reality TV
With no football or major sports competitions taking place because of the spread of COVID-19 online gambling operators present in the Brazilian market are looking at new betting options in order to attract new customers and keep already existing customers engaged.
Sportingbet, Bodog, BetWarrior, MarjoSports and
Sportsbet.io have been offering bets on the outcome of the latest season of the Brazilian version of Big Brother which recently recorded a 1.5 billion vote milestone and is on free-to-air Globo TV.
Sports betting sites have become an important source of revenue for football clubs since 2018, when Law 13.756/18 legalised sports betting activity nationwide. Law 13756/2018 will allow for both online and land based sports betting as well but the bill is yet to be passed. However sports betting companies have been present in the media via sponsorship deals with local football clubs. In the 2019 Brazilian Championship, 13 of the
20 Serie A teams were sponsored by offshore betting companies. Sponsor of Corinthians and Goiás, MarjoSports recently announced the suspension of its contract with the clubs during the crisis. Football in the country has been suspended until further notice.
According to the Brazilian Legal Game Institute (IJL) betting on Big Brother is just one of the non sporting related bets now being offered by operators in the Brazilian market. Speaking on a live video on Instagram Magnho José, president of the IJL said that operators are also offering bets on when football legend Ronaldinho will be released from jail. Ronaldinho and his brother were held in Paraguay in March on suspicion of entering the country with a false passport.
“In my opinion, it is time for the Government to legalise games in the country to strengthen the economy, in addition to formalising and generating jobs, fighting informality, illegal gambling and money laundering,” said Magnho.
Gaming comes under the jurisdiction of the Foreign Trade and Tourism Ministry (MINCETUR). Anchorena said that social distancing measures will be lifted in three phases. Te tourism sector is included in phase three, which begins from June 15, when the health emergency is expected to end. Casinos and slot parlours come under the last stage of the revival program, and only in August will casinos be able to open.
“Te casino and slot machine sector is the most supervised sector of all tourist activities, generating 10,000 jobs. Tat sector is, according to the Minister of Production, in the last stage and in August it will be reinstated,” he said.
Peru has begun enforcing strict new measures to stop the spread of the coronavirus disease. Peruvian President Martín Vizcarra passed a controversial measure to control the pandemic on April 2nd, quarantining men and women on different days of the week.
Mexico
CT Gaming Interactive has struck a landmark deal with the Logrand Entertainment Group. CT Gaming Interactive’s extensive online content will be available across the Mexican entertainment company’s online brand and is available now at
strendus.com. Te deal represents another important milestone in CT Gaming’s online progress and significantly grows its online footprint within the Latin American market. Logrand has years of experience in the land based and online gaming industry with an established presence in the region. With the recent addition of CT Gaming Interactive’s titles, customers can play titles such as 40 Treasures, Hot 7s x2, Fluff Tails. “We are happy to land the deal with Logrand Entertainment Group and to deliver its players with exciting and engaging content resulting in the best gaming experiences,” Lachezar Petrov, Head of CT Gaming Interactive commented. “Tis is an important deal concluded over the course of our online market penetration in Latin America.”
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