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Will Mexico Finally Regulate Online Gambling This Year
Friday August 14,2015 : WILL MEXICO FINALLY MANAGE TO SORT OUT GAMBLING REGULATION THIS YEAR?
Online and land gambling sectors will be affected by new laws...but it's taking longer than anticipated.
The political approval of new gambling laws in Mexico seems to be taking a remarkably long time to achieve, but at least one industry expert feels that there is a chance it could be concluded this year.
The new legislation passed the lower house in late 2014, but hopes that it would continue to make progress this year were dashed as the political agenda filled up with more pressing matters.
Miguel Angel Ochoa Sanchez, president of the Mexican Gaming Association, said in a radio interview this week that he hopes and believes that the legislation, which embraces both online and land gambling operations, will finally be approved by the Senate in its September to December session this year.
Implementation, including the introduction of a regulator, will inevitably take up more time - probably well into 2016 or longer - but the knowledge that passage has been achieved could trigger land gambling investment of up to $600 million almost immediately, and further investment is anticipated for the online gambling sector, which the new laws will licence and regulate.
Sanchez claimed in his interview that it is important that the current illegality of online gambling in Mexico is addressed by licensing and regulatory laws, and that the current situation, in which internet operators are illegally active in the country, is depriving government tax and licensing authorities of around $200 million a year.
Gambling News :
NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday -
Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.
Pro League Reveals Sportradar Contract Details -
The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.
NFL Odds: Steelers Visit Undefeated Chiefs #TNF -
The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.
Mega Moolah strikes again -
The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.
2 New Slots For Microgaming Casinos -
David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.
MLS Odds: Red Bulls vs. Whitecaps -
The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.
MLB Odds: Yankees Favored in AL Wild Card Game -
After a strong regular season, the New York Yankees (91-71, –1.00 betting units) opened as –235 home favourites for Tuesday’s AL Wild Card Game against the Minnesota Twins (85-77, +11.48 units). First pitch is at 8 PM ET on ESPN.
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