This figure represents an increase of 9.8 percent compared to the same period in 2023.
Paraguay.- The National Gambling Commission (Conajzar) announced, through the Ministry of Finance, the financial results for the month of September and it was demonstrated that the industry continues to rise, as it reached an unprecedented record.
The figure reported by the agency for the first nine months of the year was G.127.855m (USD16.1m), a 9.8 percent increase over the revenue of the same period last year, which had been G.116.380m.
In the breakdown, the revenue for January reached G.14.658m (USD1.9m), in February G.13.229m (USD1.7m), in March G.13.932m (USD1.8m), in April G.14.137m (USD 1.8m), in May G.13.728m (USD1.8m.), in June G.13.759m (USD 1.7m), in July G.14.372m (USD 1.8m), G. 14.685m (USD 1.8m) in August and G. 15.352.677.766 (USD1.9m) in September. The Ministry of Finance indicated that this is a figure never before reached by the institution in a single month.
It is worth remembering that by mandate of law 1016/1997, resources from gambling are allocated at all levels of official administration to public health, school education, and social welfare sectors.
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The institution is responsible for the planning, control, and supervision of gambling, the activities of individuals or legal entities engaged in its exploitation, as well as the interjurisdictional relations arising from the activity.
The resources from the "sports betting" modality are assigned 50 percent to the National Secretary of Sports (SND) and the remaining 50 percent to social areas, municipalities, governorships, and the Public Treasury.
