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Research and Markets Adds Report: Latin American Gaming and Gambling 2010
Sep 01, 2010 (Close-Up Media via COMTEX) --
Research and Markets has announced the addition of the "Latin American Gaming and Gambling 2010" report to its offerings.
In a release, Research and Markets noted that report highlights include:
With all the changes around the world restricting gaming and gambling, Latin America presents opportunities for investors, operators, equipment and technology suppliers and many more within the gaming and gambling industry.
The Latin American region has 33 countries with a total population of circa 569 million which dedicates a large proportion of their income to gambling. Land-based gaming and gambling activities have traditionally been closely linked to the tourism industry and Latin America is a region which continues to successfully attract tourists every year.
Travel and tourism in Latin America in 2010 is expected to generate US$200 billion of economic activity and is expected to grow by 5.1 percent per annum between 2010 and 2020.
The existing telecoms infrastructure and Internet and mobile penetration levels in Latin America, provide interesting opportunities for mobile, Internet and Interactive TV gambling applications. Internet penetration in Latin America by 2009 was at 32.1 percent, reaching over 182.7 million people with a growth rate increase of 30 percent from the previous year. Mobile phone penetration in Latin America by 2009 was well above the world average at 80 percent reaching over 469 million people.
Despite the recent global crisis, Latin American countries are on a fast track to full economic recovery and it is projected that the region will benefit from a 4 percent growth in 2010. The regions recovery, is the second worlds strongest after Asia according to the World Bank.
Most countries in Latin America, with exceptions to Venezuela which in recent years has become a socialist republic, encourage foreign direct investments (FDI). Foreign investors usually enjoy equal treatment to domestic residents and in some countries are given added benefits. All of the above factors are crucial for international gaming and gambling investors seeking to enter the Latin America region.
Report information:
http://www.researchandmarkets.com/research/0af35e/latin_american_gam
((Comments on this story may be sent to newsdesk@closeupmedia.com))
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