Panama, Colombia Report Significant Improvements in Gambling Revenue

Latin America continues to shew why its gambling manufacture deserves so practically attention. Countries persist in to see increases inwards revenue, and the modish results of Republic of Panama and Colombia are no different.

The Comptroller of Panama just now released the figures for the country’s gaming industry. From January to April, add up receipts bets grew 165.6% compared to the same point of the previous year. The number recorded was $431.4 gazillion for the period.

The news report indicates that the largest growth was recorded at the gaming tables, with a year-over-year improvement of 251.4%. Slot political machine activity increased past 168.%, racecourses added 126.8% and sports betting almost doubled, increasing past 93.6%.

In addition, the Comptroller’s Office reported that the porcine sales of the National Charity Lottery grew past 160.6%.

More Consumer Participation inward Panama

Regarding the summate meshwork bets recorded by Panama’s Gaming Control Board (GCB), the figure increased past 153.7%. Slot machines increased by 154.7% and gaming tabular array sue added 319%. This indicates that in that respect is greater participation, non needfully larger wagers.

As for sack up bets on sporting events, they increased 104.3% and racecourse betting added 184.8%. Finally, the describe indicated that the net sales of the National Charity Lottery increased past 164.7%.

In too soon 2022, Panama’s GCB shared utmost year’s gaming manufacture figures. That information showed that, during the point betwixt January and November 2021, add porcine bets grew 127.5% compared to the same point in 2020. Slot machine play added 129.4%, gaming tables added 126.1% and sports betting increased by 103.8%.

Colombia Continues to Climb

Coljuegos, Colombia’s gaming regulator, continues to exhibit electropositive numbers for the play manufacture in Colombia. After the book it registered in the 1st quarter, in the fourth month of the year, it returned to present favourable numbers.

In the month of April, Coljuegos continued to defend record figures, according to its president, César Augusto Valencia Galiano. For the stop from Jan to Apr 2022, the accumulation reached $236,000 gazillion (US$59 million) for national games. This represented an step-up of 20% compared to the same geological period of the previous year.

For the month of April alone, revenues reached COP$66 one thousand million (US$16.5 million). Compared to the previous year, inward which the manufacture raised COP$50.5 1000000000 (USD12.6 million), this amount represents an step-up of 31%.

Localized games – gambling casino and bingo activity – made the largest contribution, reaching COP$98 one thousand million (US$24.5 million). Following these was the iGaming segment, with a compendium of COP$73 one million million (US$18.2 million). For its part, Baloto Revancha, an online drawing offering, achieved COP$24 1000000000000 (US$6 million). At the same time, other drawing options added a sum of over US$14.4 million

In turn, Coljuegos recorded that, from January to April, revenue sales of subject games reached COP$5 1000000000 ($US1.25 billion). This represents ontogenesis of 71% compared to the same full point in conclusion year. That add was COP$2.9 1000000000000 (US$725 million).

The territorial games, those that include the lotteries, games of chance and the Raspa and Listo, yielded sales for the month of April 2022 of COP$266.7 1000000 (US$67,048). This represents year-on-year maturation of 30.61%.

Of this total, the lotteries contributed COP$15.392 1000000000000 (US$3.8 million), games of chance added COP$21.1 gazillion (US$5.3 million) and the Raspa y Listo production received a COP$4.054-billion (US$1 million) boost.