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Slot server set to tighten tax collection in Peru
Authorities in Peru hope that the introduction this year of a central server linking all the country’s slot machines will make it impossible for gaming operators to avoid paying tax.
Peru levies a 12 percent tax on gross gaming revenues. But until a 2006 law tightening the regulation of gaming came into force, most gaming businesses were unlicensed and the government was collecting less than $1m a year.
That figure climbed to $56m last year following a crackdown on licensing, and the government hopes it could reach $103m in 2011 after the central slot server goes live.
The government says that 650 gaming businesses, equating to 95 percent of all those known to it, are now licensed.
Last year alone, 2690 illegal slots were destroyed.
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