Tag Archives: Uruguay
Uruguay – Anti-laundering fine set at US$2m for Uruguay’s casinos
Casinos in Uruguay that do not report suspicious transactions could be fined as much as up to US$2m, according to new regulations put in place by the National Anti-laundering Secretariat. Director of the division said that in Uruguay there are four participants that have a legal responsibility to report suspicious activity, two private casinos: Enjoy…
Uruguay – Uruguay lottery operator continues its upswing
Betting on games managed by The National Lotteries and Quinielas (DNLQ) of Uruguay increased by 17 per cent in 2018 compared to 2017. According to the Director of the DNLQ Luis Gama, Uruguayans gambled US$469.5 million in 2018. According to the data, on average Uruguayan players gambled more than US$1.2m on lottery games such as…
Uruguay – Controversial plans approved for US$450m Cipriani Ocean Resort & Club
Investors have showcased plans for the remodelling of the emblematic San Rafael Hotel in Punta del Este. The new plans anticipate an investment of US$450m for the newly created complex which will be called the Cipriani Ocean Resort & Club Residences. The construction of the first phase will include 70 rooms, 75 private luxury apartments…
Uruguay – Supermatch becomes official gaming partner of NBA in Uruguay
Supermatch and the National Basketball Association (NBA) has announced a new multiyear partnership that will make Supermatch, the sports betting operator of Uruguay’s national lottery, the first official gaming partner of the NBA in the country and the league’s first in this category in Latin America. The partnership will be promoted in more than 6,000…
Uruguay – Punta del Este approves plans to bring landmark casino back to life
The Departmental Board of Maldonado has given its approval for the architectural plans for the modernisation and restoration of the San Rafael Hotel in Punta del Este. The new complex, designed by renowned Uruguayan architect Rafael Viñoly on behalf of Grupo Cipriani, will include a private casino. The emblematic San Rafael hotel in Punta del…
Latin America – Uruguay helps drive Enjoy to year-on-year growth
Leading Latin American gaming and resort company Enjoy has reported that revenues as of March 31, 2018 reached CLP$89,343m (USD 142m), representing a year on year increase of 3.6 per cent, mainly driven by its operations in Enjoy Punta del Este, Enjoy Coquimbo and Enjoy Santiago. In its First Quarter Report Enjoy explained that the…
Uruguay – Hotel Enjoy de Punta del Este signs deal with Uruguayan Government
The legal representatives of the firm Baluma – the company which owns the Hotel Enjoy de Punta del Este casino have signed a new licence agreement with the Minister of Economy and Finance of Uruguay, Danilo Astori. The new agreement covers the payment of taxes for the casino (formerly known as the Conrad) finally ending…
Uruguay – Uruguay could block 17 offshore operators
Seventeen offshore gaming sites found to be operating illegally in Uruguay will be blocked now that they have been identified by The Uruguayan Board of Lotteries and Pools Betting (DNLQ). The stipulated term for these companies (which include Bet365, Pokerstars.net, 888.es and Bwin) to remove themselves from the market is now over. The Director of…
Uruguay – Uruguay makes move to block offshore operators
The Director of Lotteries and Quinielas (DNLQ), Luis Gama has announced that the agency is working together with a number of different organisations to detect online gambling sites, and announced that “blocking of several of these pages will be effective” in the next few days. Regulations in force in the country prohibit any type of…
