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500 online gambling operators based in Costa Rica
Posted 3/16/11 : New study by R&M released
"Due to the circa 500 online gambling operators that are based in Costa Rica, the gaming industry generates circa US$14.5 billion. This places Costa Rica as having the largest gambling market within Latin America." That's just one of the facts and figures contained in Research and Markets latest study of the Costa Rica sector.
This tiny Central America-positioned nation has become the haven for a wide range of internet gambling operators and software providers, despite the fact (or perhaps because of it) that it has no specific online gambling legislation and depends on "commercial licences" to regulate and tax companies within its jurisdiction.
The Research and Markets report "Costa Rica Gaming and Gambling 2011" covers detailed information relevant to the gaming and gambling opportunities offered by the largest or most important gaming and gambling countries found in Latin America, and embraces:
* Country overview: With information on location, population, the economy and the political environment.
* Supporting Infrastructure: With information on relevant infrastructures for the gaming and gambling industry such as tourism, communications, foreign investment and payments.
* The Gambling Market: With an overview of Costa Rica's gaming market, size and specific gaming activities as well as opportunities broken down into casinos, lotteries, bingo, betting and online gaming.
* Gambling Advertising: With a study of all advertising regulations affecting the gaming and gambling industry.
A R&M spokesman said this week: "It is believed that if both the legal and illegal gaming activities were combined in Latin America it is likely that the region would generate over US$150 billion a year. The twelve principle gambling countries in this region generate combined revenues of over US$33 billion.
"Latin Americans spend circa US$10 billion a year on gaming and gambling and it is estimated that on average each inhabitant in this region spends US$250 a year on gaming and gambling.
"Costa Rica, Brazil, Mexico, Argentina, Chile, Colombia, Peru, Panama and Venezuela are considered to be the most prolific gambling countries in the region."
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NBA : Warriors Win the West; NBA Finals Next -
The Golden State Warriors will play in their third-straight NBA Finals. They completed their sweep of the San Antonio Spurs Monday night, rolling to a 129-115 victory as 12-point road favourites; Golden State opened the season as a –250 chalk to win the Western Conference.
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NHL Odds: Lone Canadian Team Plays on Friday -
“Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.
NBA Odds: Will Cavaliers Be Rusty in Game 1? -
The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
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PKR Company Statement Update -
Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
NHL Predators First Ever Conference Finals Appearance -
With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.
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