Court Threat Over New Gaming Tax SOUTH AMERICA
Te Peruvian Association of Entertainment and Gaming plans to fight the imposition of a new tax as they argue it will damage Peru's gaming sector
Te Selective Consumption Tax (ISC) an excise tax, has until now been imposed on the sale and import of certain goods, but will now that apply to casinos
PERU LEGISLATION
URUGUAY – This spring, Casino Punta Shopping became a key launch site in Latin America for Konami Gaming, Inc.’s linked jackpot series Smash Smash Festival.
Showcased across a bank of 10 cabinets, Smash Smash Festival has become a fast favorite for guests at the prestigious República Oriental of Uruguay. “The Smash Smash Festival games have been a big success from day one,” said Mr. Miguel Castelnoble, Gaming Director at Casino Punta Shopping. “Players instantly recognize when the piñatas pile up and the increasing mystery offers an incredible spark of excitement”.
“Casino Punta Shopping has long been focused on providing guests the latest in quality entertainment, so it has been especially rewarding to see the venue’s outstanding results and strong player response with Smash Smash Festival,” said Eduardo Aching, Vice President, Vice President, International Gaming Operations at Konami Gaming, Inc. “We also must acknowledge the dedication of the team from Atlantic Venture to help make this regional premiere truly memorable.”
Working in with the exclusive regional distributor for Argentina, Paraguay and Uruguay: Atlantic Venture, Casino Punta Shopping added Smash Smash Festival’s unique bonus experience to its top gaming entertainment options more than four months ago, with noted success. Mrs. Cecilia Gigena, Atlantic Venture’s Marketing Consultant said the launch has been supported by both “the typical kindness of the Uruguayan people, and the ideal location for a great party.”
BRAZIL – The newly launched expanded online arm of the Caixa lotteries has shown better than expected results for its first month.
According to National Manager of the Caixa Lotteries, Rodrigo Hideki Hori, during the first month the total average purchase stood at R$600 thousand per day and the average ticket spend stood at R$50 which accounts for 1.41 per cent of all lottery revenues in the period - R$18m.
Caixa also revealed additional data when it came to online player profiles. Men still bet the most on lotteries but as expected online sales have seen a higher percentage of female players when it came to a comparison between land bases and online gaming modes. "While via physical channels they (women) make up 15.5 per cent of the entire lottery purchase, online 26 per cent of the purchases were made by women", explained Hideki Hori. The manager added that the online sales portal had reflected the player profile, which Caixa had been targeting as it had developed the new site.
P12 NEWSWIRE / INTERACTIVE / MARKET DATA
Te Peruvian Association of Entertainment and Gaming (APEJA), plans to fight the imposition of a new tax in the courts as they argue it will damage Peru's growing gaming sector. Te Selective Consumption Tax (ISC) an excise tax, has until now been imposed on the sale and import of certain goods such as fuels, cigarettes, beer, liquor, soft drinks, but will now that apply to casinos and slots as well for the first time.
Constante Traverso, President of APEJA said that the new rate in effect raised taxes from 12 per cent to 17 per cent. Te government recently approved Legislative Decree 1419 that modifies the General Sales Tax Law and the ISC, which specifically means that casinos and slots will be subject to a specific system of money payable for each table and slot.
Up until now, the ISC tax had not been applicable to gaming establishments. In addition, it is expected that the National Superintendence of Tax Administration (SUNAT) will carry out an industry wide audit in order to
Colombia
Colombian gaming regulator Coljuegos has blocked 1,805 websites, which have been offering online gaming without authorisation. Te Ministry of Information Technologies and Communications (MinTIC), working alongside the National Police's Police Cybernetics Centre (CECIP) and internet service providers have been working in coordination to enforce the ban.
Te government is also cracking down on illegal advertising. Te government is gaining ground in its battle with illegal gambling with the signing of a number of new pacts so far between Coljuegos and regional governments. Local lawmakers and members of the board have signed 20 pacts so far for the “Legality of the Gambling Sector” a strategy with which Coljuegos aims to combat illegal gaming. Te most recent pact was signed at the end of last month.
determine how net income is fixed when it comes to table games and slots.
Te government is currently considering maximum and minimum limits as well as fixed amounts for both. President of APEJA, said casinos had previously paid 20 per cent the gross income but in 2002, the Constitutional Court ruled that this amounted to confiscatory taxation. Congress then decreased the rate from 20 per cent to the current rate of 12 per cent. Peru has seen of one of the most remarkable success stories in the Latin American gaming market in the last 10 years.
Today the industry generates more than US$1bn per year. Tanks to the efforts of a newly established gaming board, Te General Directorate of Casino Games and Slot Machines (DGJCMT), the gaming landscape in Peru has changed from a situation where less than 4 per cent of gaming operations were regulated by the government to a situation where illegal gaming has all been eradicated.
SIS seals deal with Hipódromo Argentino de Palermo
Argentina
SIS (Sports Information Services), a leading supplier of 24/7 betting services to retail and online operators, has become the exclusive global distributor of pictures and data from the Hipódromo Argentino de Palermo racecourse in Buenos Aires.
As part of a new three-year deal, SIS will broadcast live action from the racecourse’s 188 meetings and 1,500 races, significantly expanding its portfolio of international horse racing events.
Te premier Argentinian racecourse hosts 69 Group races across the year, including the prestigious Group 1 events Gran Premio República, Gran Premio Polla de Potrillos y Potrancas, Gran Premio Selección, and Gran Premio Nacional.
Te additional races will be made available via all of SIS’s services, including the newly- launched SIS 24/7 Live Betting Channels, an end-to-end solution which offers 24/7 betting events.
Tis latest partnership complements the supplier’s comprehensive portfolio, which includes horse racing from the UK and Ireland, Dubai, Singapore, Mauritius and Korea.
Simon Fraser, Head of International Racing at SIS, said: “Securing the exclusive rights of live racing from the Hipódromo Argentino de Palermo racecourse is an important step in our ambitions to offer premium, round-the-clock action to operators and their customers across the globe. As a provider of 24/7 betting content, it’s imperative we have access to quality racing that will appeal to audiences wherever they are in the world, and this latest partnership achieves our goal in doing exactly that.”
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92
