Legislation passed in recent years which formalized the casino and slot machine industries led to Peru collecting over $56 million in taxes from gaming in 2009. From the government's viewpoint, the record amount was a huge win-a far cry from the $687,332 in gaming tax revenue seen just a few years ago.
    This year, Minister of Foreign Commerce and Tourism Martin Perez expects the government will see more than $68.8 million in tax revenue from casinos and slots, report news sources Andina and Yogonet.
    Peru will introduce a central slot accounting system this summer that Perez believes will facilitate a further increase in gaming tax collection, by making it more difficult for operators to dodge the taxman.
    "This online control system will be implemented in July and will permit the tax collection of casinos and slots to increase to $103.2 million in 2011," said Perez.

By GGB Staff

Staff writers for Global Gaming Business magazine. Las Vegas, Nevada.