This seems to be the behavior if we analyze the movements of the great players of the Luck and Azar Games Industry in Colombia.
At the beginning of the year 2000 it was not common that in malls will be installed slot machines and much less casinos of the size that there are at the moment in these sites. Over the years the construction companies saw the leisure relationship between the offer of a shopping, food and entertainment site and that is where the explosion of companies in the gambling sector that make heavy investments to develop Casinos and at the same time Capitalize the flow of money from the same activity.
Today it is mandatory to find not one but several casinos in a shopping center that barely opens its doors.
The interesting thing about this column is not to make a "historical account of the evolution of the game from the years 2000-2017", is to see how in those same shopping centers that open, operators of the existing casinos or, no longer buy the property waiting A return on valuation; Prefer to lease because they have large investments in properties (other large format) where they planned to open complex casinos but now with low profitability does not justify investing millions of dollars to receive less than 6% a year that neither banks pay and if fucking a lot.
These same premises are destined to join companies that have nothing to do with the sector to be gyms, clothing stores, technology, even food to receive percentages for sale of products and / or services and at the time of winning numbers 10 or 12% per year and not less than 6% as if they had a casino.
With bets like the chance, the operators are seeing that the payment of taxes increasingly shrinks the profit and that is why they add many products that initially have nothing to do with the game but yes with their distribution chain: turns, refills, Payments ... which does not equal in sales of Game but it is these products in the end what they are leaving the real profit of the operation.
Localized game operators (casinos) are seeing the benefits of the illegal gambling operation that is leaving margins much higher and without so much fucking!
Associations of Localized Games entrepreneurs go in search of "that operator" of Online Gambling to add it to their offer in casinos / Halls since profitability is not ... despite what the studies say: the business is good but they fucked it with 19% ...
So, companies are not INCURRING in new businesses, they are trying to survive and possibly they will do better there than here.
Other articles by the Author:
