⚡️Uruguay 🇺🇾: casino operators call for modern regulatory framework as formal gaming sector exceeds 600 million dollars

⚡️Uruguay 🇺🇾: casino operators call for modern regulatory framework as formal gaming sector exceeds 600 million dollars

The chamber of casino operators and entertainment venue lessors (CUOASEC) has called for the creation of a modern regulatory framework for the gambling industry.

The regulator stated that current regulations were designed for conditions that no longer reflect today’s reality.

🔵 Investment volume within Uruguay’s formal gaming sector exceeds USD 600 million and supports approximately 20,000 jobs.

🔵 Earlier this year, the National Directorate of Lotteries and Pools (DNLQ) published a report stating that 88% of citizens in the country regularly participate or have participated at some point in gambling activities.

🔵 Despite the global trend toward digitalization, the Uruguayan market maintains a strong preference for offline channels. 61% of users place bets exclusively through retail or land-based formats, particularly individuals over 45 years old and higher-income population segments.

🔵 Although online gambling adoption continues to grow, it is the primary option for only 12% of respondents, generally individuals under 45. Another 6% alternate between both formats.

🔵 Regarding the product mix, traditional lotteries maintain a dominant position. The iconic «Cinco de Oro» lottery remains the clear market leader, chosen by nearly 9 out of 10 players. It is followed by «Tómbola», preferred by more than two-thirds of participants.

🔵 A smaller segment (5%) opts for alternative formats, particularly horse racing and online casinos. The growth of these categories is linked to technological development, increasing state interest in regulatory oversight and fiscal supervision.

🔵 Representatives of CUOASEC emphasized that regulation is not intended to accelerate market expansion, but rather to organize an already existing sector and provide the government with more effective supervisory tools.

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