According to official data, the contribution to the province from the Casino, Quini 6, Loto, Lottery, and Telekino exceeded USD1m in the third quarter of 2024.
Argentina.- The gaming industry continues to rise in the province of La Pampa. As reported by the Directorate of Financial Assistance for Social Action (DAFAS), through the latest edition of the Official Bulletin of the province, it was reported that between July and September, the total profits amounted to AR$1,158,026,375 (USD1.1m).
From the analysis, it is clear that the Casino Club was the one that drove the exponential growth in revenue. The report also includes the results of Loto, Quini 6, and Quiniela Pampeana.
During the third quarter of 2024, the Provincial Casino distributed results amounting to AR$1,027,507,506 (USD976,454). From the Statement of Results, the Social Security Institute received AR$678,154,954 (USD644,459), the Provincial Educational Fund AR$113,025,825 (USD107,410), the Ministry of Social Development AR$177,245,044 (USD168,438), the Secretary of Municipal Affairs AR$53,173,513 (USD50,531) and the Secretary of Tourism AR$5,908,168 (USD5,614).
The Loto distributed results in the third quarter of 2024 amounting to AR$30,822,304 (USD29,290). Of that total, the Provincial Educational Fund was allocated AR$6,164,460 (USD5,858), the Social Security Service AR$4,931,568, the Ministry of Social Development AR$14,794,706, the Secretary of Municipal Affairs AR$4,438,411 (USD4,217) and the Ministry of Production AR$493,156 (USD470).
During the quarter between July and September of 2024, the total money distributed by the Quini 6 game results amounted to AR$93,978,190.13 (USD89,308): in July AR$27,698,951.24 (USD26,322), in August AR$28,191,161.16 (USD26,790) and in September AR$38,088,077.73 (USD36,195).
The allocation of funds to each agency was as follows: Social Security Institute: AR$37,591,275.05 (USD35,723); Provincial Educational Fund: AR$18,795,638.03 (USD17,861); Ministry of Social Development: AR$28,193,456.03 (USD26,792); Secretary of Municipal Affairs: AR$8,458,037.12 (USD8,037); and Ministry of Production: AR$939,781.90 (USD893).
The Social Security Institute received AR$9,907,969 (USD9,415), the Provincial Educational Fund AR$4,953,984 (USD4,707), the Ministry of Social Development AR$7,430,975 (USD7,061), the Secretary of Municipal Affairs AR$2,229,291 (USD2,118) and the Ministry of Production AR$247,697 (USD236).
See also: In La Pampa, they propose the mandatory use of biometric identification to access online betting sites
The games that contributed the least in revenue were the Lottery of the South, which between July, August, and September of last year left AR$3,203,010.53 (USD3,043); and the Telekino, in the same period, AR$2,515,364.23 (USD2,390).
As explained by DAFAS to local media, the constant growth in gambling revenue reflects its impact on the provincial economy. These funds allow financing social, educational, and infrastructure programs, making them a key source of income for the government of La Pampa.
From the Social Security Institute and the provincial government, they emphasized the importance of this activity to sustain assistance programs and strengthen areas such as health, education, and social development.
In an interview with the local media Info Pico, the manager of the Pampean gaming regulatory body, Jorge Payeras, explained that despite the crisis, the gambling industry remains active, with online gaming growing exponentially, while traditional games lose ground.
The official stated: "Today the Quiniela collects around AR$1,600m (USD1.5m) monthly in the province, while online gaming is around AR$3,000m (USD2.8m). This figure clearly indicates where the future is headed."
Another fundamental pillar in the provincial gaming economy is the casino. It is estimated that in 2024, the total contribution exceeded AR$5,000m (USD4.7m). "It is a very important figure, which undoubtedly provides relief for the province. It is constantly updated, but the current monthly average is almost 500 million pesos," detailed the head of DAFAS.
