The LNB received an award at the World Lottery Summit 2024 in Paris.
El Salvador.- The National Lottery of Beneficence of El Salvador (LNB) was honored with a recognition for its leadership in responsible gaming practices during the World Lottery Summit 2024. The event was organized by the World Lottery Association (WLA) and took place from October 21 to 24 in Paris.
During a ceremony held at the Summit, the president of the LNB, Javier Milián, received the distinction. The institution highlighted: "This award reflects the efforts that the entire LNB family makes, achieving a solid and reliable institution that responds to the commercial, technological, and social challenges typical of state lotteries."
In 2023, the institution launched the "Responsible Gaming" campaign based on the seven principles of responsible gaming established by the WLA. The initiative prioritizes the well-being of players and their families, promoting healthy entertainment and minimizing the risks associated with gambling addiction.
See also: The LNB of El Salvador signed a cooperation agreement with the Instituto Crecer Juntos
"The recognition from the WLA is an honor that motivates us to continue improving and providing ethical and safe entertainment, as well as continuing to bring benefits to thousands of Salvadorans. We maintain the commitment to always act with transparency, ethics, and best practices, demonstrating that El Salvador is also a benchmark in the global state lottery industry," the LNB conveyed.
This year, the National Lottery of Beneficence of El Salvador became the official sponsor of the Clausura Tournament 2024 of the Copa Tigo Sports. In a press conference, Yamil Bukele, president Ad Honorem of the National Institute of Sports (INDES) and the Salvadoran Basketball Federation (FESABAL), presented the details of the tournament.
The Ibero-American Corporation of State Lotteries and Betting (Cibelae) invited participation in the webinar on the "Certification Process of the WLA Responsible Gaming Framework", which will take place on Thursday, November 14.
This event, organized in collaboration with the WLA and DigitalRG, aims to delve into the certification process of the WLA Responsible Gaming Framework.
Tax revenue from casino and game of chance operators was up 85 per cent in year-on-year terms.
Cambodia.- The Commercial Gambling Management Commission of Cambodia (CGMC) has reported tax revenue from casinos and game of chance operators reached US$63.1m in 2024. That’s an increase of 85 per cent in year-on-year terms.
According to Xinhua News, the CGMC said: "Based on the figures, we can assess that the overall tax revenue from the commercial gambling sector was quite good last year."
So far the CGMC has issued 195 operating licences for casinos, although 15 of these licences have expired, one has been revoked, and another has been suspended. For games of chance, the CGMC has issued licences to 21 operators, but one has been cancelled and three have been suspended. In Cambodia, only non-citizens are permitted to gamble in the casinos.
See also: Directive against illegal gambling content enters force in Cambodia
The Cambodian Ministry of Tourism has reported the country received 6.7 million tourist arrivals in 2024. That’s an increase of 22.9 per cent year-on-year.
Hun Dany, the ministry’s Secretary of State, said visitors from Thailand, Vietnam, China, Laos, and the United States accounted for the majority of arrivals. She attributed the growth to "the kingdom’s peace, political stability, attractive tourist destinations and good hospitality."
For 2025, the government expects to attract some 7 million international tourists. Tourism is one of the main sources of economic income for Cambodia. To boost it, the government has lowered the visa fee for tourist type (e-Visa T) from US$36 to US$30, and the fee for regular type (e-Visa E) from US$42 to US$35. According to Hun Dany, the move would help attract more foreign tourists and investors.
Dany also told Xinhua News that China was a significant source of inbound tourism for Cambodia and that the country is "a key tourism market". In 2019, out of the 6.61 million foreign tourists visiting Cambodia, approximately 36 per cent were Chinese.
Chinese tourists play a pivotal role for Cambodian casinos. NagaCorp has experienced a rise in visitation since the Chinese government permitted tour groups to visit Cambodia.
