According to data from the Ministry of Finance, during the first two months of 2018 CONAJZAR recorded a total income of USD 3.8m, an amount that went beyond USD3.6m that the gaming board collected between January and February 2017.
The increased revenue will mean an increase in resources for the Department of Social Welfare and Assistance (DIBEN), which receives 30% of gaming tax revenue. The remaining share is distributed to the departmental governments (30%), the municipal governments (30%) while the remaining (10%) goes to the Treasury.
During fiscal year 2017, CONAJZAR managed to increase its collection by 3.5% compared to 2016, after collecting a total of USD21.6m and surpassing USD20.8m in revenue which was registered in 2016.
The Comptroller General of the Republic of Paraguay (CGR) made its recommendations in February after finding a number of inconsistencies during the licensing process for sports betting and has asked that the licence awarded to Daruma Sam (Apostala) be revoked. In the midst of the controversy the head of CONAJZAR Javier Balbuena, announced his decision to leave office in March and has since been replaced by Oscar Ramón Portillo Martínez.
Source: GMB / G3 Newswire
