Navigated to Episode 11: Talking online gambling in Peru and is the Brazil casino dream dead?

Episode 11: Talking online gambling in Peru and is the Brazil casino dream dead?

July 18
26 mins

Episode Description

Right to the Source is back, and this week Robin Harrison and Ed Birkin are discussing the Peru online gaming market and whether Brazil casino regulation can be salvaged. 

 

This week Ed is testing formats, so from last week’s random country generator Peru and Niger are up for discussion. Peru online gambling regulation passed last year, and while Brazil stole the spotlight, it’s a stable market and even the introduction of a 1% tax on turnover was shifted to GGR. However there’s a big presence from local brands, so can international operators carve out share without M&A activity?

The Niger gambling market, after some hasty research, is reasonably sized but suffers from the same drawbacks that hold back other African countries’ gaming markets, namely a lottery monopoly. 

And last week Brazil’s omnibus bill to legalise a range of land-based gaming products, namely jogo de bicho, bingo halls and casinos failed to progress to a Senate vote. Does that mean the dream of regulated casino gambling in Brazil is dead? 

Our special guest says in its current form, yes. Legislators supporting Brazil casino legalisation are now likely to apply what worked for sports betting, namely splitting out the casino proposal from the omnibus bill. But will that push things forward any time soon? Don’t hold your breath. 

Watch on iGB: https://igamingbusiness.com/finance/right-to-the-source-online-gaming-peru-brazil-casino/

Chapters

  • (00:00:00) - Right to the Source
  • (00:00:50) - Podcast
  • (00:02:04) - Niger: Lottery and Casinos
  • (00:03:37) - Peru
  • (00:04:58) - Peru: Online Betting and Gaming Tax
  • (00:07:46) - Betson's market share in Peru
  • (00:10:02) - Colombia vs Peru: Onshore Channelization
  • (00:10:43) - Number of brands and their impact on channelization
  • (00:12:06) - Latam Interview
  • (00:12:30) - A keynote at Clarion Events
  • (00:13:33) - Online Tax in Peru
  • (00:16:37) - Bingo in Brazil
  • (00:20:28) - Bingo and Sports Betting in Brazil
  • (00:23:58) - Q&A
  • (00:25:50) - Right to the Source: Episode 11
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