rom what you could perceive from the institution, Which has been the outlook of the casino industry during 2010, both from the business and the players’ point of view?
Although it is true that the worldwide economic crisis affected all the economic activities during 2009, we can say that the casino and slot activity maintained the same, withouth suffering big losses that could affect their normal performance, which resulted, in the present year, in a growth with regards to gaming taxes, considering the numbers obtained on the same concept during 2008 and 2009. This increment not only reflects the adjustment to reality of the statement and tax payment performed by every operator before the Tax Administration, but also shows an improvement of its commercial operations, due to an improvement in the customer service and of the gaming demand in our country. For the current year, it is calculated that the collection in tax gaming concepts will exceed U$S 63.551.700, a number that means a historical record in the gaming sector in Peru.
How are Peruvian casinos positioned with regards to gaming complexes in other Latin American countries?
Despite the positive gaming investments held in other Latin American countries, we must point that, in Peru, due to the procedure of reordering and formalization of the slots activity, more business possibilities have been generated. There is a booming market that keeps on growing. I consider that Peru starts a stage in which competence is key. Although it is true that illegality and insecurity in investment were not an incentive to keep on growing in the business, and so, in the infraestructure offered, nowadays there are venues which comply with the requirements pointed by the norm, and they have the legal security of counting with an authorized business, so businessmen may reinvest in their own facilities, improving their services and customer attention.
In the sector of your competence, Which is the most important change at a legislative and regulatory level registered at a local level and Latin America in general during the year?
No doubt that, at a local level the approval of Complementary Technical Norms for the implementation of the Unified Control System in Real Time (SUCTR in Spanish) has been the central regulation in 2010. Such regulation is product of a serious and professional work by the Administrative Authority, in which work meetings were held with the operators of the activity with the aim to know their comments on the subject to be regulated.
What are your expectations for 2011?
2011 will be an important year for the slots activity in our country. We consider that next year the sector will trully consolidate, being October 1st, 2011 the key date in which every gambling hall will have to transmit the economical and countable information to MINCETUR Data Center.
For next year, it is also planned the elaboration of the New Regulation for the Activity of Casinos and Slots, which will incorporate such mandatory norms issued during the procedure of reordering and formalization, as well as those subjects pending of regulation, which have been developed in recent years.
Besides, we are working in a Project of Table of Infractions and Sanctions related to the fight against money laundering and the financing of terrorism in this activity.