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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."
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
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