International edition
September 17, 2021

In the first semestre of the year

Games of chance in Uruguay is the most profitable industry

(Uruguay).- The gaming industry is the one that generated the most profitability for firms in the first semester of the year. Hípica Rioplatense closed the exercise with a positive balance of us$ 1.6 million, reverting the losses of us$ 1.7 million in the same period of 2008.

T

he positive result of the first semestre of the year had to do with the incomes obtained by slot games, of us$ 7.1 million. The incomes for the horse racetrack were negative (us$ 2.5 million), and horserace agencies had a loss of us$ 102,832.

Baluma, the company in charge of the administration of hotel and casino Conrad, closed the period with winnings of us$ 9.1 million, slightly superior to the us$ 9 million that it had obtained in the first semester of 2008.

This year, the winnings were boosted both for the casino and the hotel incomes. The gross result of the casino was of us$ 24.2 million, while the result of the hotel was us$ 5.4 million. The negative result was due to other services, with losses of us$ 2.6 million .

Besides, another company that had strong winnings was the concessionaire of Carrasco Airport -Puerta del Sur- that closed the exercise of the first semestre of the year with a positive result of us$ 8.7 million, superior to the us$ 7.3 million registered until June 2008, according to the data published by the company.

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