The Paraguayan Gaming Control Board (CONAJZAR) has announced that it will expand the bidding process for casino licences so that it the process will now include a new tender process for a second casino in capital Asunción.
In June the board announced plans to discuss the bidding process for casinos in three departments in Paraguay beginning with the Central Department. Although the exact details of the requirements have yet to be released by the gaming board, the successful applicant will be required to invest in hotel infrastructure and the board will impose a minimum amount when it comes to the investment. The applicant may choose the city where they wish to operate including capital of the Central department: Areguá. Licences will also be awarded for casinos in the department of Alto Parana and Amambay as well.
In this latest announcement Head of CONAJZAR Mr Javier Balbuena said that the decision to open up the bidding to include the capital was due to the high level of interest already shown by private operators in the new licences already up for offer. A new casino licence will, he said, be granted for the purposes of strengthening investment initiatives in the City of Asuncion.
Mr. Balbuena said: “The board has expanded its tender portfolio and added the bidding of a second casino in Asuncion, and just as we are requesting with the other bids we are asking for investment in hotel and tourist infrastructure.” Mr. Balbuena also went onto say that the board was making progress when it came to the implementation of an increase in the licence fee for each slot machine and that progress was being made on plans to implement the online control of casinos.
The commission is currently carrying out a preliminary study into the monitoring of a number of gaming operations online in different regions throughout the Paraguay. This was after repeatedly falling tax revenues and growing concern that the gaming control board is currently understaffed.
The board is also looking at ways to open up the online sector. In January 2015 Mr. Balbuena told press that Paraguay was close to regulating online gambling with proposals on the table which could be approved before the end of the year.