Betting in state owned casinos grew by 6.5 % according to The Head of the Uruguayan Casino Control Board (DGC) Javier Chá. The official information does not, however, include the larger casinos in Uruguay such as the Conrad in Punta del Este, the Casino Parque Hotel and the Hotel Casino Carrasco which are both located in Montevideo.
Javier Chá said that the fact that the casinos had reported
growth close to the level of inflation was an "achievement” due to the slowing
down of the local economy. Growth stood at around 0.5 % in 2006, and will stand
at an estimated 1 %this year according to Uruguayan Economy Minister Danilo
Astori. The Uruguayan economy has been adversely affected by the difficult
economic situation in Brazil and Argentina.
Meanwhile in January 2015 the Uruguayan Casino Control Board showed improving
figures when compared to 2014 recording gross gaming revenues of around US$ 212.7m,
a 7 % increase compared to 2014, which is similar to this year’s figures.
Chá said at the time that increased revenue had met with expectations and were part of the board’s strategy to match gaming revenue to inflation.
Source: GMB / G3 Newswire
