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Legislation

The rise of the casino and online gaming industry in Peru

Friday 21 de February 2020 / 13:03

2 minutos de lectura

(Peru, SoloAzar Exclusive).- Peru is one of the Latin American countries where the gambling industry has had the greatest growth. The country is implementing strategies to increase the population's access to the internet, which favors all industries, especially the casino and online gaming sector.

The rise of the casino and online gaming industry in Peru

Gambling Regulation


To a large extent, the success of the casino and gambling sector in Peru is due to a clear, precise and easy to implement regulatory framework. This legal formalization has attracted many investors, both domestic and foreign, who see in this sector an interesting potential for income generation


The Peruvian State, aware of the importance of recognizing, formalizing and regularizing the gaming sector, developed a strict but clear legal framework, which allows interested companies to develop the activity with total legal certainty, and players to participate calmly, knowing They are attached to the laws. However, online casinos are still to be fully regulated.


Digital transformation


In recent years, the government of Peru and many of its institutions have worked hard on an inclusive digital transformation that integrates technological advances with a cultural change that allows implementing strategies to achieve greater access and connectivity, as well as improving service and Consciously monitor the contents of the web. To achieve this goal, they are developing very ambitious projects where communication networks enhance globalization.


The entertainment and games of chance industry, as well as the online casino platforms, consider the progress of this project with approval, because this change will increase the number of visitors to the different pages of the web, which must soon be conquered and loyalty .


Peruvian connectivity favors the games of chance industry


Currently there are more than 40 million mobile lines that operate in Peru. Nearly 23 million people use social networks and more than 50% of the population has access to the internet.


However, it is expected to reach the entire population seeking to increase access to connectivity in an organized way, as this was launched at the end of last year a digital platform that operates as a national observatory of good practices, which will be responsible to monitor and control the management and use of technology, as well as its social and cultural impact.


The digital transformation of Peru seeks to accelerate economic growth, social development and access to information through the use of online business channels where internet is the protagonist, which greatly favors the casino and online gaming industry, to Despite the new tax burden that significantly affects the sector, since foreign platforms that operate in Peru with a license will have to adapt to the new rules of the game, but they will also enjoy a much wider niche to conquer.


The development of processes to take Peru on the road to digital transformation forces companies to reinvent themselves and improve production processes thinking about the needs of customers based on their tastes, which probably raises the ceiling of online sales.


In addition, Peruvians will be able to access goods and services through the web, while allowing them the opportunity to explore a greater number of online gambling platforms and online lotteries from the comfort of their home, at any time during the day and with total security.


The digital transformation in which the government of Peru is headed exponentially favors the online casino sector, especially when the current connectivity, compared to the 2014 report, has grown by 200%.


Therefore, by increasing Internet access in the population, it is forced to increase the number of mobile devices, making it easier for more users to take advantage of technological advances and digitalization to study, communicate, do business and look for new forms of fun in the online world.


The reasons for the growth of online casinos


Although the country does not have a regulation of this online site, it also does not prohibit it, therefore, Peruvian gamblers can enter a large number of pages that offer them the best casino and best prizes.


On the other hand, the large number of bonuses and prizes that companies offer their users make it very attractive to register for one of them. Therefore, marketing is essential to guarantee a sector of the market, and more in Inca lands where there is more and more presence of online casinos.


Based on marketing, a large casino can count on recognized ambassadors, who make them trustworthy for the consumer. Others, however, bet on the roots that the Peruvian feels for his own and try to adjust to the customs of this country. This ensures they can get the attention of a good number of users.


Future


In conclusion, we can say that the rise of online casinos in Peru will continue to increase. This follows, due to technological advances, which are the great support of online games. In addition, for this year it is expected that online casino games evolve, to give the player an experience that is more like a video game.


This suggests that another revolution is coming in that regard and that the increase in users and new online gaming platforms will continue to grow.

Categoría:Legislation

Tags: Sin tags

País: Peru

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