Today, the country’s Monitoring and Control Systems model (SUCTR) connects 77,756 slot machines and gambling devices, which report to MINCETUR.
crackdown designed to increase tax revenue and regulate the industry further.
In addition since 2014 CONAJZAR has been pushing for a bill that would make it an entirely autonomous body. One of the primary purposes of the new bill is to give CONAJZAR its own legal status, its own budget and full autonomy so that it will no longer be part of the Ministry of Finance. In April 2015, CONAJZAR announced that the bill had already obtained the approval of the Executive branch. In July 2017 Te Legal Department for the Presidency of the Republic of Paraguay, confirmed that the Executive Branch had submitted to Congress a draft law on "gambling and its regulation." A new law is, according to the draft, "imperative" and reflects the need for a new set of rules, which will lead to stricter control over gaming by the state.
Outlook
Paraguay Market Despite some improvements illegal gaming is widespread. Improved coordination with the National Police and the Attorney General’s office is needed in order to combat illegal gambling, and the government needs to do more to increase awareness of the issue. A number of failed tender processes as well as a recent scandal revolving around CONAJZAR’s granting of a single sports betting licence to one operator amidst corruption claims has only weakened the industry further.
Peru Size of the Illegal Gambling Market
Te size of the illegal gaming market in Peru is extremely small compared to other jurisdictions in the region.
Tis is because the government’s methods against illegal gaming have been extremely effective in transforming an industry that was almost entirely unregulated in 2007 into an industry that was almost entirely legitimate by 2010. In 2007 there were just 36 gaming establishments, which had been officially authorised by the government to operate.
Meanwhile unauthorised establishments stood at 771. Tis meant that just 3.63 per cent of slot parlours and casinos were operating legally. By 2010 the number of registered gaming operations had risen to 741. Today thanks to the efforts of Foreign Trade and Tourism Ministry (MINCETUR) illegal gaming via slot machines only generates around US$1.5m a year making up around 0.5 per cent of the total market.
Current Measures in Place
In December the Peruvian government passed Law N° 28945 “Te Reordering and Formalization of Casino and Slot Machines Law.” Te new law ruled that from January 1, 2007 onward operators had to register or face immediate closure and created a new gaming board called Te General Directorate of Casino Games and Slot Machines (DGJCMT), which in
turn came under the jurisdiction of MINCETUR.
Penalties were increased for non-compliance including fines, closures, as well as ten years to life long bans for those found to be breaking current rules as well as prison sentences.
In September 2010, MINCETUR announced that slot machines would be monitored online by a central government-controlled server.
Today the country’s Monitoring and Control Systems model (SUCTR) connects 77,756 slot machines and gambling devices, which report directly to MINCETUR´s data centre, relaying information regarding revenue and significant events to better control the gaming industry nationwide.
Money laundering and other financial controls over the industry have also been tightened further as since June 1 2016 casinos and slot parlours must now adhere to the Asset Laundering and Terrorism Financing Prevention System (SPLAFT) which establishes policies, processes and procedures to prevent products and services from being used for illegal purposes.
Outlook
Peru Market Te government’s clampdown on illegal gaming has continued. In 2016 raids continued apace and the board closed down 17 slot parlours and confiscated 792 slot machines and 12 gaming tables. In 2017 MINCETUR confiscated and destroyed 494 slot machines that were being used illegally in various parts of the country. Due to the government’s efforts according to the DGJCMT the illegal gaming sector is set to decrease even further in the future.
NEWSWIRE / INTERACTIVE / MARKET DATA P55
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