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Gambling Reform Measures For Mexico
Saturday August 31,2013 : GAMBLING CHANGES AHEAD IN MEXICO
Will new proposals from the PRI party impact online gambling?
A leading political party in Mexico, the PRI, is planning to introduce gambling reform measures in the next legislative season, which kicks off on September 1 this year.... and these could impact online gambling operators.
The proposal emulates New Jersey's online gambling laws in that it requires licensing to be restricted to operators who hold a licence for a land-based gaming facility.
The G3 Newswire agency reveals that 400 gambling centres currently operate in the country, making gambling a key agenda among political parties and resulting in the PRI preparing legislation after talks with members of Mexico’s Interior Ministry (SEGOB).
PRI Senator Verónica Martínez Espinosa says that Mexico's gambling law is in need of reform. In 2005 the government amended the old 1947 act to allow for bingo, slot parlours and sports betting and The Secretary of Government in Mexico’s Interior Ministry was given the responsibility for the granting of licences, she explained.
Martínez Espinosa says the new legislation is necessary in order to repeal the old act and that a new regulatory regime is needed to more accurately reflect Mexico’s modern gaming landscape, although she applauded SEGOB’s efforts to more closely scrutinise the licensing process.
The PRI proposal includes measures against underage, problem gambling and money laundering and proposes the creation of a National Gaming Commission with responsibility for licensing, regulation and enforcement, along with providing a channel for consumer complaints.
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Gambling News :
Phil Ivey Loses Borgata Casino -
Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.
NYX Gaming in deal with Endemol -
"Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”
NEW CAMBODIAN GAMBLING LAWS -
After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
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