Public Gaming's Regulatory News

Regulatory

Regulatory

An arduous months-long process has concluded with National Action Party (PAN) and the Party of the Democratic Revolution (PRD) forging an agreement to implement a new legal framework for live and online gambling punctuated by new protections targeting money laundering. The law provides for a 10-year licensing system, regulation of online gambling, and the establishment of a new Advisory Council to oversee the regulation. The adaptation of laws in Mexico brings hope for a larger gambling tournament and larger casinos that have shown positive results in other Latin American areas such as Brazil.

Regulatory

According to a report recently issued by Spain's CODERE Foundation and the  Institute of Policy and Governance of the  Charles III University, nearly half of the country's online poker players currently play their games on illegal sites.  And according to the latest figures released by the DGOJ about the second quarter of 2014, Gross Gaming Revenues fell by 6 percent compared to the same quarter of 2013, while the total number of online poker players fell by 5 percent.







Public Gaming /Paul Jason - pjason@publicgaming.com   / Susan Jason - sjason@publicgaming.com  /Office Phone - + 425-449-3000  
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