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Mexico Gaming & Gambling 2011
Divine Works, March 2011, Pages: 25
This report covers detailed information relevant to the gaming and gambling opportunities offered by the largest or most important gaming and gambling countries found in Latin America.
This report offers a comprehensive account including:
- Country overview: With information on location, population, the economy and the political environment.
- Supporting Infrastructure: With information on relevant infrastructures for the gaming and gambling industry such as tourism, communications, foreign investment and payments.
- The Gambling Market: With an overview of Mexico's gaming market, size and specific gaming activities as well as opportunities broken down into casinos, lotteries, bingo, betting and online gaming. A comprehensive legislation section is also included across all gaming and gambling activities.
- Gambling Advertising: With a comprehensive study of all advertising regulations affecting the gaming and gambling industry.
It is believed that if both the legal and illegal gaming activities were combined in Latin America it is likely that the region would generate over US$150 billion a year. The twelve principle gambling countries in this region generate combined revenues of over US$33 billion.
Latin Americans spend circa US$10 billion a year on gaming and gambling and it is also estimated that on average each inhabitant in this region spends US$250 a year on gaming and gambling. Experts estimate than in 10 years the whole region’s external debt could be paid off with the money generated from the gaming and gambling industry.
Costa Rica, Brazil, Mexico, Argentina, Chile, Colombia, Peru, Panama and Venezuela are considered to be the most prolific gambling countries in the region where slot machines, casinos, horse-racing, lotteries, bingo, internet gaming and illegal gaming entertain millions of people each day.
Mexico should be one of the top ranking countries in the gaming industry within Latin America and it is estimated that if it removed its ban on casinos the gambling industry could generate revenues of US$80 - US $120 billion. As a contrast the current estimated income based on the real gaming activities allowed is a comparatively meagre US$4.6 billion. Amongst the largest international gambling players already present in Latin America we can find groups such as CODERE, CIRSA, Thunderbird, Winner, Enjoy, Unidelca, Caliente, Fischer, Casinos Austria, Pinnacle Entertainment, Crown Casinos, Latin Gaming, Sun International., GTECH, INTRALOT, Televisa and many more.
Even during the recent global economic downturn most international gambling players have benefited from positive results in Latin America. The best example would be the Spanish firm CODERE, which operates casinos, bingo and gaming machines in Spain, Argentina, Mexico, Colombia, Panama, Uruguay and Brazil. Results in 2007-2008 showed that CODERE’s revenue from bingo and gaming machines dropped in Spain but growth continued in Latin American markets including Mexico and Argentina, achieving a 21 percent increase in revenues in Buenos Aires. Also the group’s 33% of its overall operating revenue comes from Buenos Aires and its Argentine business also accounts for 50 % of group EBITDA.
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Also available
Argentina Gaming & Gambling 2011
Brazil Gaming & Gambling 2011
Chile Gaming & Gambling 2011
Columbia Gaming & Gambling 2011
Costa Rica Gaming & Gambling 2011
Latin American Gaming & Gambling Report 2011
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