One of the biggest casino operators in the world is already thinking about making investments in the Brazilian market. Jan Jones Blackhurst, a former mayor of Las Vegas for two terms (1991-1999) and currently vice president of government relations and corporate responsibility for Caesars Entertainment Corporation, has been interviewed by Forbes Brasil magazine and talked about the company's plans for Brazil as soon as the casino regulations are approved.
The American executive
has expressed concern about the stability of the future law that can be
approved. She stated that the country should work transparently not to change
rules during the game. Jan Jones Blackhurst also answered on one of the main
arguments of who is against legalization: the risk of increase of gambling
addicts.
"Gaming has always aroused controversy, but legalization does not create
addicts, dependence already exists, it is already there in some way. Therefore,
it is important that the regulations guarantee the implementation of programs
that deal with this issue. Some of the money raised should be used to help
people in need. "
The representative of the Caesars Entertainment Corporation group also said that for the construction of a casino it is planned an investment that could turn around USD 1 billion to USD 5 billion, generating jobs during the construction and then with the casino in operation.
"When it is already in operation, the hotel, food, leisure, marketing, administration, etc. services demand about 3,000 direct workers and 5,000 indirect workers. Economy - food, furniture, and cleaning products and services - moves between $ 100 million and $ 200 million a year.” In addition, the entire economy - food suppliers, furniture, cleaning products and services - moves between USD 100 million and USD 200 million per year. "
At the end of the interview, she again emphasized the importance of legal certainty for the operators and stated that the company did not impose limits for a possible entry in the Brazilian market.
"Depending on the legal certainty that the legislation offers us, the transparency of the terms and the partners involved, we will invest what is necessary".
Source: GMB / Forbes Brasil
