Latin America - accj.cl G2E15_Latin_America_v205.pdf · Carlos Sanz Technology Officer ... • PwC...

Latin America Cultural and National Trends

Latin America

Marcelo D’Amato President Chilean Casino Association

Antonio Sabaj Marketing and CRM Sun International

Carlos Sanz Technology Officer Codere Mexico

Alex Cohen CPO AKAMON

Peter Nolte CEO BETMOTION


•  Market Size & AGR •  Regulatory Status •  Up & Coming Markets

https://www.dropbox.com/s/ppxcukn1y9y2u0q/1%20G2E15_Latin_America_v205.ppt?dl=0

Marcelo D’Amato President

Chilean Casino Association [email protected]


•  PwC –PricewaterhouseCoopers PwC’s Global Gaming Industry Regulatory Frameworks PwC’s Global Gaming Outlook to 2015

•  Gaming Technologies Association •  The World Bank •  Regulatory Agencies •  iGamingCo, Ltd. •  SAGSE


Market Size (World)

Casino Gaming Revenue in 24 Selected Countries Source: PwC – millions of USD

FOUR REGIONS

•  Asia – Pacific

•  Latin America

•  North America

•  EMEA


Market Size (World)


Latin America

$ 5,614M

•  Argentina

•  Chile

•  Mexico

North America

$ 79,550M

•  USA

•  Canada

EAEA

$ 18,343M

•  FR, DE

•  UK, ZA

Asia - Pacific

$ 79,266M

•  Macau

•  Singapore

•  Australia

Market Size & AGR (World)

Source: PwC – millions of USD, AGR based on data 2006 - 2015


Market Size (World)

44%

43%

10%

3%

North America

Asia Pacif ic

EMEA

Latin America


Latin America Casino Market Size (by Revenue)


Latin America Market Size (by Population)

# Country Population1 /Market/Size2

Sum/Total/%3 Revenue4

Average/Revenue/GR/%5

Casinos6 Slots7Avg/WPD8 Tables9

1 "Brazil 204.519 33.38% 33.38% 2""""""""""" 2"""""""""" 2"""""""""" 2"""""""""" 2""""" 2""""""2 "Mexico 121.006 19.75% 53.13% 662"""""""""" 3.10"""""""" 313""""""""" 90,000"""" 2""""" 2""""""3 "Colombia 48.218 7.87% 61.00% 548"""""""""" 2.70"""""""" 82""""""""""" 12,224"""" 40"""""" 2""""""4 "Argentina 43.132 7.04% 68.04% 2,894"""""" 8.60"""""""" 129""""""""" 25,619"""" 150"""" 1,018""5 "Peru 31.153 5.08% 73.12% 88"""""""""""" 2"""""""""" 729""""""""" 76,278"""" 40"""""" 1,624""6 "Venezuela 30.620 5.00% 78.12% 4"""""""""""""" 5.90"""""""" 8""""""""""""" 1,208"""""" 2""""" 2""""""7 "Chile 18.006 2.94% 81.06% 649"""""""""" 19.80"""""" 23""""""""""" 12,519"""" 107"""" 465"""""! ! ! ! ! ! ! ! ! ! !

19 "Panama 3.764 0.61% 99.46% 2""""""""""" 2"""""""""" 49""""""""""" 5,865"""""" 2""""" 2""""""20 "Uruguay 3.310 0.54% 100.00% 2""""""""""" 2"""""""""" 34""""""""""" 5,794"""""" 2""""" 2""""""

612.707 100% 4,865 8.10 1,537 243,372 3,126

Source: PwC – Population in thousands, Revenue in millions of USD


Latin America GDP GR% (WDB Data)

Country(Name

1 Brazil

2 Mexico

3 Colombia

4 Argentina

5 Peru

6 Venezuela

7 Chile

2009 2010 2011 2012 2013 2014 2015* 2016*

>0.2 7.6 3.9 1.8 2.7 0.1 >2.4 >0.3

>4.7 5.1 4.0 4.0 1.4 2.1 2.4 3.0

1.7 4.0 6.6 4.0 4.9 4.6 3.0 3.0

0.1 9.5 8.4 0.8 2.9 0.5 0.6 1.2

1.0 8.5 6.5 6.0 5.8 2.4 2.9 3.8

>3.2 >1.5 4.2 5.6 1.3 >4.0 >6.6 >2.9

>1.0 5.8 5.8 5.5 4.2 1.9 2.2 2.8

! !19 Panama

20 Uruguay

! ! ! ! ! ! ! !4.0 5.9 10.8 10.2 8.4 6.2 6.2 6.4

4.2 7.8 5.2 3.3 5.1 3.5 2.6 2.6

Ref UnitedHStates

Data:%World%Development%Bank*%Forcast

>2.8 2.5 1.6 2.3 2.2 2.4 2.7 2.8

Data:%World%Development%Bank HH>H2.0

HH<H2HandH>H2.5

HH<H2.5


Stats: Population: 613 Million

Market Size: 5.8 Billion

Growth Rate: 8.1%

Stagnant: 46% Initiated: 26% Dynamic: 28%

Latin America Regulatory Status


Latin America Regulatory Status Stagnant Init iated Dynamic

•  Casinos are currently illegal

or

•  Legislation has been slow, regressive, prohibitive or unclear

•  Legislation is in the works

or

•  Some advances have been made, but have yet to make the necessary impact

•  Legislation is current

•  There is market growth

•  There are clear rules

•  Regulatory issues are dealt with and not ignored


Latin America Regulatory Status Stagnant Init iated Dynamic

•  Brazil

•  Venezuela

•  Ecuador

•  Cuba

•  Bolivia

•  El Salvador

•  Mexico

•  Guatemala

•  Haiti

•  Honduras

•  Nicaragua

•  Costa Rica

•  Colombia •  Argentina •  Peru •  Chile •  Dominican Rep. •  Paraguay •  Panama


Latin America Regulatory Status

14: “Y” = Some Type(s) of On-Line Gaming is Allowed

# Country

1 "Brazil2 "Mexico3 "Colombia4 "Argentina5 "Peru6 "Venezuela7 "Chile

)Market)Size2

Sum)Total)%3 Revenue4

Average)Revenue)GR)%5

33.38% 33.38% B""""""""""" B""""""""""19.75% 53.13% 662"""""""""" 3.10""""""""7.87% 61.00% 548"""""""""" 2.70""""""""7.04% 68.04% 2,894"""""" 8.60""""""""5.08% 73.12% 88"""""""""""" B""""""""""5.00% 78.12% 4"""""""""""""" 5.90""""""""2.94% 81.06% 649"""""""""" 19.80""""""

Regulator10 Law)#11

CAIXA Illegal"DGJS DOF"31B12B1947

COLJUEGOS 643LNSE"B"IJACBA 13063

DGJC "27153"/"28945"CNC LCCSCJ "19.995"/"20856

Legislation)Type13

OnELine)Gaming14

Stagnant NInitiated YDynamic NDynamic YDynamic NStagnant YDynamic N

! !

19 "Panama20 "Uruguay

! ! ! !

0.61% 99.46% B""""""""""" B""""""""""0.54% 100.00% B""""""""""" B""""""""""

! !

JCJ 2ANCJAE 1485

! !

Dynamic YDynamic N


Up and Coming Markets

# Country

1 "Brazil

2 "Mexico

3 "Colombia

4 "Argentina

5 "Peru

6 "Venezuela

7 "Chile

)Market)Size2

Sum)Total)%3 R4

33.38% 33.38% B""""""

19.75% 53.13% 662"""""

7.87% 61.00% 548"""""

7.04% 68.04% 2,894"

5.08% 73.12% 88"""""""

5.00% 78.12% 4"""""""""

2.94% 81.06% 649"""""

Avg)WPD8

B""""

B""""

40"""""

150"""

40"""""

B""""

107"""

Legislation)Type13

OnELine)Gaming14

2015* 2016* Tax)Rate

Stagnant N B2.4 B0.3 N/A

Initiated Y 2.4 3.0 30%"GGR

Dynamic N 3.0 3.012%"on"GGR"or"Minimum"per"

Slot/Table

Dynamic Y 0.6 1.212"B"22%"GGR"+"State"and"

Federal"Income"Tax

Dynamic N 2.9 3.8 12%"GGR"+"VAT

Stagnant Y B6.6 B2.9 N/A

Dynamic N 2.2 2.820%"on"GGR"+"VAT"+"Entrance"Fee"+"Fixed"Yearly""Licence"Fee"

! !

19 "Panama

20 "Uruguay

! ! !

0.61% 99.46% B""""""

0.54% 100.00% B""""""

!

55"""""

B""""

! ! ! ! !

Dynamic Y 6.2 6.418%"GGR"on"Machines"+"12%"

GGP"on"Tables"+"5.5%"at"Cashout

Dynamic N 2.6 2.6


Up and Coming Markets

BRAZIL: Legislation is being fueled by the

need for tax dollars during an important economic slow down,

but the large country's many interests have a way of slowing

things down. Sports Betting is predicted to

come on the scene first.

MEXICO:

New Legislation is in the works, but many I’ve interviewed are

skeptical of it's end result.

COLOMBIA:

The country is on a positive dynamic…

ARGENTINA:

Is the strongest Legal Market today, but the challenges in Argentina are always two:

A) understanding the rules; and B) trying to work within complex /

economic constraints

PERU:

In 2006, 95% of the Peruvian gaming market was illegal, they

have turned this around and today it is a positive example for

the region.

CHILE: We can expect an expensive

public bid process to begin during Dec 2015.

Seven (7), 15 year concessions will be awarded some time next year. The risks in Chile are two:

A.) Pending reform to the Smoking Ban; B.) The Illegal Slot

Market

PANAMA:

A newly appointed 5.5% tax on Cash-out's has hit hard an already struggling and over

saturated casino market.

Latin America - accj.cl G2E15_Latin_America_v205.pdf · Carlos Sanz Technology Officer ... • PwC...

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