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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 :
Live Dealer Now At Slotocash -
Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
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