Aiming To generate a development tool for the entertainment and gambling industry, three were the companies that have seen the need to associate with the slogan of working together with the public sector to accompany the regulatory processes and collaborate with the different technical experiences that have acquired.
This is the Paraguayan Entertainment and Gaming Association (APEJ) and the founding companies are Vimerica SA, Tecnología Para el Desarrollo de Paraguay (TDP) and Daruma Sam SA These firms operate in the market under the trade names Solbet, Quiniela and Aposta .The; respectively, but from now on more companies in the sector will be added, according to the union through a statement.
They also informed that the first board of directors has been formed as follows: Rodrigo Iturralde (Vimerica), as president; Fernando Ribeiro (Aposta.La), vice president; José Morínigo (Quiniela), secretary, among the first charges. Dr. Javier Balbuena has been appointed as executive director.
“The association will not only be a union of companies, but an association that seeks and generates qualified technical information about the new regulations in the field, regulatory trends throughout the world, seeking for this strategic alliances with national and international organizations. international organizations that have the same objectives”, said Javier Balbuena, executive director.
The directors of the organization assure that they will seek to promote activities, studies and investigations of topics that are considered of interest for the improvement, modernization and optimization of games of chance exploited by their associates.
In addition, as a main aspect, it is intended to generate constant information about the contribution of the item to the national economy, as well as the destination that the State gives to the income it receives and comes from the payment of tax canons for the exploitation of games of chance.
Compliance with codes of good practice, responsible gaming and corporate social responsibility will be promoted by the association, added the association.
Balbuena maintains that they will put the maximum interest in monitoring and active participation in the discussion about the adoption of public, legislative and regulatory policies for the regulation and control of games of chance by the State.
“We are born before a key national situation, that of the beginning of a new government period. The Paraguayan Entertainment and Gaming Association (APEJ) will be attentive and vigilant to what the State can do in the sector, willing to be able to suggest or technically recommend the best for the field, so that it is of benefit to all.
Javier Balbuena, Executive Director of APEJ
Javier Balbuena has training in the field of gambling regulation and with vast experience in the national and international arena, according to reports.
“The association wishes to work hand in hand with the government, being a great ally of CONAJZAR (National Council of Games of Chance), SEPRELAD (Secretary for the Prevention of Money or Property Laundering) and other State entities that establish regulations for the sector, turning its greatest efforts to obtain access to the financial system of companies in the sector due to the lack of clear rules that avoid discrimination in the sector in access to banking products and services”, added Balbuena.
2023-08-11 21:41:24
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