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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.
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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