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Mexico Prepares to Regulate Online Gambling

2015-01-05 00:00:00

Online gambling could be regulated in Mexico in 2015. The country has an online gambling regulation bill in their legislature that could pass soon. That would mean some changes for online gamblers, especially poker players from the United States who have relocated to Mexico.

The online gambling bill was passed by Mexico’s Chamber of Deputies by a vote of 297-32 late in 2014. The bill now goes to the Senate for approval. If the bill is approved then the online gaming market in Mexico is expected to only have a few providers. "With this law now all Mexicans can know how many casinos are in Mexico, which permits have been granted, which are operational, who the owners are and who the partners are." Deputy Jose Arturo Salinas Garza, of the National Action Party (PAN), said. The bill would also likely force all those poker players from the United States who relocated to Mexico to play poker at global websites to go elsewhere.

Mexico has not had any legalized online gambling and because of a lack of regulation there have been many unregulated casinos and underground gambling locations. The new bill would attempt to get rid of the illegal operations and protect against money laundering.

Mexico will be an interesting online gaming market to watch in 2015 as they likely will implement online gambling regulations.