The proposal presented to the Senate aims to give more autonomy to the National Commission of Gambling Games.
Paraguay.- The Senate Constitutional Affairs Committee of Paraguay met this week to discuss various initiatives, including a new bill to amend Law No. 1016/1997, which regulates gambling in the country.
The proposal was presented by Senators Sergio Rojas and Dionisio Amarilla, and aims not only to deregulate the licensing monopoly in Paraguay but also to grant greater autonomy to the National Commission of Gambling Games (Conajzar).
According to the Senate's website, the authors of the document propose a stricter framework that gives the regulatory body the ability to supervise and, if necessary, confiscate equipment used illegally, such as slot machines.
The document presented by Rojas and Amarilla states: “It is important to note that the commercial dynamics of gambling have evolved more rapidly than the currently prevailing legal regime, which is unconstitutional in several respects. The emergence of technological platforms for betting and prize payments makes the exploitation of games by multiple licensees more viable, considering that the exclusivity monopoly facilitates the proliferation of illegal gambling”.
In this regard, the authors of the project argued: “We consider it pertinent and necessary, at this time, to present this project. We are convinced that it responds to the claims and priorities at the national level.” The project was postponed for 22 days for detailed review.
See also: Gambling in Paraguay collected more than USD 14.3m between January and August of 2024
The meeting was attended by Carlos Liseras, president of Conajzar, who celebrated the project of Senators Rojas and Amarilla and emphasized that the amendment of the current law has been “a concern and a desire of the institution” since he took office in 2023.
Also, Liseras recalled the project by Deputy Adrián “Billy” Vaesken, presented last year in the Lower House, which prioritizes the deregulation of gambling and declared: “This situation directly affects what the president wants, which is the creation of jobs, from the end of the monopoly, and that there is competition to energize the economy”.
However, despite valuing Vaesken's project, he highlighted that the new bill by Rojas and Amarilla also seeks to update the role of Conajzar: “What is needed is to provide the regulatory body with the technical and legal capacity to carry out its tasks, such as seizing all elements used in the clandestine exploitation of gambling”, commented Liseras.
The company said that attendees at the event will be able to see “a wide range of new offerings from TCSJOHNHUXLEY, designed to meet the changing needs of the gambling market”.
Press release – TCSJOHNHUXLEY has announced its participation in the Global Gaming Expo (G2E) Las Vegas 2024. At the event, which will take place from October 8 to 10 at The Venetian Expo, the company will showcase its latest product innovations at booth no. 3259.
Attendees at G2E can expect to see a wide range of new offerings from TCSJOHNHUXLEY, designed to meet the changing needs of the gambling market. From cutting-edge technology to innovative designs, the new products from the company will set new standards of performance, efficiency, and player experience.
These new developments include the next generation in chip handling technology and significant updates to the “Qorex Electronic Gaming” range. Additionally, TCSJOHNHUXLEY will introduce its new automated roulette and the industry’s first progressive jackpot for electronic gaming terminals, promising to redefine performance and excitement in gaming halls.
As a trusted partner of casinos around the world, TCSJOHNHUXLEY offers a wide range of solutions for live gaming, including roulettes, chippers, money wheels, gaming tables and layouts, and winning number displays.
With a rich history of manufacturing excellence, TCSJOHNHUXLEY is dedicated to delivering products that exceed industry standards. The company’s commitment to quality, reliability, and innovation has earned it the reputation of a trusted partner for both online and land-based operators worldwide.
Phil Lee, Chief Financial Officer and CEO for America, commented: “We are thrilled to present our latest innovations at G2E. Our commitment to providing the highest quality gaming solutions remains unwavering, and we believe these new products will exceed the expectations of our customers and partners.”
