What’s the size of the gambling industry in Peru?

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7 months ago

I’m researching the gambling market in various Latin American countries, and I’ve currently turned my focus towards Peru. I’m interested in knowing the overall value of the gambling industry there. This includes not just traditional casinos, but also online gambling, sports betting, and any other significant forms of gambling in the country.

More specifically, I would like to know how these gambling sectors are distributed. For instance, what percentage of the gambling market is controlled by traditional brick-and-mortar casinos compared to online platforms? What’s the growth trend for each sector? Any authoritative sources or industry reports that might cover these points would be highly appreciated.

Answers:

2 Votes
7 months ago

The gambling industry in Peru has been experiencing steady growth, yet getting accurate, up-to-date figures for the entire sector can be challenging due to the nature of the industry and a mix of regulated and less regulated segments. Traditional casinos are a significant part of the market and have been a mainstay for years. They are regulated by the Peruvian government, and you can find official data on their operations through government reports and publications. Brick-and-mortar casinos historically dominated the market, but there has been a notable shift towards online platforms in recent years.

Online gambling, which includes casinos, sports betting, and other online wagering games, has seen a surge, partly spurred by advancements in technology and increased internet penetration. The uptake of mobile gaming has also played a crucial role in the growth of this sector. As for percentages of market control, numbers can vary, but online platforms are gradually taking a larger slice of the pie due to their convenience and the broader range of offerings compared to traditional casinos. Regulations for online gambling in Peru are less stringent than for land-based casinos, which has helped the market expand.

To find authoritative data that will give you a more precise breakdown of the gambling industry in Peru, you would typically look at industry-specific reports from market research firms specializing in the gambling sector. These reports often provide detailed analyses, including market size, growth trends, and segment distributions. Organizations like the Peruvian Ministry of Foreign Trade and Tourism (MINCETUR) may also have relevant information. Professional services networks such as PwC and KPMG periodically release reports and outlooks on gaming sectors that might include Peru. Keep in mind that the data you find might require purchase or subscription through these services.

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