Mexico to Introduce Online Gambling Reforms?Published September 3, 2013 by OCR Editor
Governing party to present proposal in new legislative season
Mexico's governing Institutional Revolutionary Party is planning to propose gambling reforms in the new legislative season which started Sunday, according to reports from news agencies.
According to the reports, the government's proposed bill follows New Jersey's new online gambling laws by requiring licensing to be restricted to operators who are approved for land-based gaming facilities. This could see Mexican casinos partner with offshore online gaming operators as in NJ.
The proposal includes measures against underage gambling, problem gambling and money laundering, and proposes the creation of a National Gaming Commission that would oversee licensing, regulation, enforcement and consumer complaints. It would update the 2005 amendment of Mexico's 1947 gambling laws.
'In Need of Reform'
The PRI prepared the bill after meeting with the Mexican Secretariat of the Interior (SEGOB), the body concerned with the country's internal affairs. Mexico currently has 400 legal land-based gambling centers in operation around the country, making the future of its gambling industry a big issue among all the political parties.
Mexico's gambling laws are in need of reform, PRI Senator Veronica Martinez Espinosa said on behalf of her party. She said the new legislation would replace outdated legislation to accurately reflect Mexico's modern gaming landscape, and applauded SEGOB's commitment to close scrutiny of the licensing process.
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