Baloto, is the most popular lottery in Colombia which has already 102 winner since this popular game operates in the country, come to add a significant amount to the value of prizes that by lotteries and raffles Colombians earn each year, an amount that has also been depressed in a pandemic year.
Coljuegos data show that between January and August Colombians have won a little more than 91,151 million Colombian colombian pesos in bets and, of this total, the majority (66,418 million Colombian colombian pesos) have been between dry prizes and others, since in prizes Higher or large accumulated have been delivered this year 24,733 million colombian pesos.
In dry prizes, the value awarded this year is 12,168 million Colombiancolombian pesos and in the category of others the sum exceeds 54,249 million Colombiancolombian pesos.
However, the entity's figures show a 46 percent drop in the first eight months of the year, since in the first eight months of last year the prizes won by those who buy the Ballot or the lottery reached 167,769 million colombianpesos .
The figure does not include the month of April because in that month all the draws were suspended the sales of lotteries, chance and Baloto, but even, without taking into account that month of general closure, the decrease in the value earned is 43 percent , since without counting the fourth month, the amount delivered last year totaled 158,569 million colombian pesos.
According to Coljuegos, this year has seen negative variations in the values ââdelivered with respect to the same month last year.Thus, in January, when the prizes won totaled 15,275 million Colombian colombian pesos, the figure was 66 percent lower than the 45,591 million Colombian colombian pesos awarded in the same period of the previous year.
In February there was a small growth of 4 percent in the winning values ââby the thousands of bettors throughout the country (they won 20,208 million colombian pesos), but in March the fall in the prizes was 29 percent, month in which the value of these totaled 9,885 million colombian pesos.
But the strongest falls occurred in May and June, months in which no jackpot fell, much less the accumulated Baloto.
In May, the prizes registered by Coljuegos totaled 3,864 million colombian pesos, with a drop of 72 percent compared to the fifth month of 2019, while in June, when the value earned was located in 9,154 million colombian pesos, the fall was of 70 percent when compared to the same month of 2019.
In July, the prizes won by Colombians who seek by chance the solution to their problems and needs totaled 13,131 million colombian pesos, but with a 19 percent drop compared to the seventh month of 2019. Last August, meanwhile, the value reached 19,630 million colombian pesos, growing 3 percent annually.
According to Coljuegos' figures and missing the four-month data, with the 56,500 millioncolombian pesos that will be delivered to the Cali winner, 101,730 million colombian pesos are missing in prize money to equal the value won by Colombians in 2019, which totaled 249,382 millions of colombian pesos.
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The sale process of Enjoy is still in the early stages, but it already has several interested parties in its assets.
According to the Chilean press, Logrand Entertainment, the main target as a possible buyer in recent months, is interested in acquiring the operator's positions. However, the rooms in Viña del Mar, Coquimbo and Pucón would be left out of the equation.
According to Diario Financiero, the company considers the prices paid for these permits “stratospheric”, so it would be more profitable to pay the guaranteed notes. In this way, other operators such as Dreams and Marina del Sol would have the opportunity to invest there.
On the other hand, Enjoy's perhaps most relevant asset, the Punta del Este casino, is the one that generates the greatest interest in international companies. There would already be advanced negotiations with five potential buyers, despite certain negative projections in this regard.
The imminent regulation of gambling in Brazil, which could include physical casinos, would be detrimental to the Uruguayan operation, whose main clients come from that country.
However, the Plaza Esteña is relevant beyond its games room, as it is a central destination for tourism in the region. In this way, it is very likely that it will remain one of the most important assets of the Chilean company.
This Wednesday the Brazilian iGaming Summit 2024 / BiS SiGMA Americas 2024 Congress began at the Transamérica Expo Center in the city of Sao Paulo.
The opening speech was given by Alessandro Valente and Carlos Cardama, co-founders of the event, together with Eman Pulis representing the SiGMA Group.
“We have held a fair that really is an example for all Latin America, I don't know if for the whole world. But, with great humility, we thank you all for your participation,” said Cardama,
Who also highlighted the current moment in Brazil “which is one step away from being First World because of all the technology we have here.”
The Congress will take place on April 24 and 25 with presentations from iGaming industry experts and large companies to explore new advances in technology and strategies.
Representatives of the Secretariat of Prizes and Betting (SPA) of Brazil met with authorities of the Buenos Aires Lottery (LOTBA), taking advantage of their visit to Buenos Aires during the CIBELAE 2024 Conference.
Simone Vicentini [pictured] , deputy secretary of the SPA, had a meeting with Jesús Acevedo, president of LOTBA, and his team, a meeting in which executives from Gaming Laboratories International (GLI), a certification company approved in both jurisdictions, also participated.
The participation of SPA members in the Cibelae 2024 Conference revolved around this year's central theme: "Sports Betting in Latin America: approaches to a developing market." The SPA, created in February of this year to regulate sports betting and online casino games, plans to develop and implement a regulatory framework for online gaming, payment methods, strategies for responsible gaming and prevention of money laundering.
All these areas are of reference for the LOTBA, and the meeting also served to share that experience.
The Brazilian Football Confederation (CBF) published the new General Competition Regulations (RGC) of 20241. This document establishes the general norms and rules for the dispute of all championships organized by the entity. One of the most notable novelties of the new RGC is the regulation on betting house sponsorships on club uniforms. According to Article 114, the display of betting house brands on club uniforms is conditional on compliance with the requirements set forth in Law 14790/2023 and in the regulations of the Ministry of Finance.
Law 14790 on Sports Betting came into force on December 29. This rule and the regulation of the Ministry of Finance are fundamental for the implementation of the new rules on betting house sponsorships.
The new RGC also reinforces integrity actions and combats the manipulation of results. The CBF may request the production of a report by a company specialized in the detection of manipulation of results. In addition, sports betting companies must submit a declaration of non-involvement in any economic infringement or ethical violation related to the manipulation of sports results.
In recent months, Coljuegos has dismantled illegal betting houses that would have stopped transferring nearly usd $20million annually in exploitation rights.
A total of 445 gambling elements such as slot machines, computer equipment, roulette wheels, televisions, among others, were destroyed by Coljuegos in the municipality of Itagüí, Antioquia. All these items were used in illegal gambling and were valued at nearly usd$500k.
“We have another 4,600 illegal elements of games of luck and chance that will be destroyed in the coming days in municipalities such as Cali and Bucaramanga.”
Likewise, during the destruction of the items, $23,751,050 ( usd $4,500 )in coins and bills were found that were inside the electronic slot machines. These resources are constituted as a judicial deposit in the name of Coljuegos and may be transferred to health.
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