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Online gambling legal in Mexico

Discussion in 'Casino Industry Discussion' started by jetset, Jul 10, 2007.

    Jul 10, 2007
  1. jetset

    jetset Ueber Meister CAG

    Senior Partner, InfoPowa News Service

    New provisions in federal law on gaming now permits Internet gambling websites

    It appears from an article in Interactive Gaming News this week that the Mexican government has accepted the legitimacy of online gambling, in stark contrast to the policies of next door neighbour the USA which seeks to cripple the pastime with financial restrictions.

    The industry information and news site reports that the Federal Law of Games and Draws has granted 300 licenses to bingo halls, and included a new paragraph in the law that expressly permits online gambling companies to operate in Mexico, and with very little interference from the government.

    Quoting the Mexican newspaper La Jornada, IGN says that Mexico's Department of the Interior has written rules for the operation of online gambling sites, but has omitted many of the regulatory controls needed to ensure safety and responsibility in online gambling in the country.

    Essentially, La Jornada says, it only establishes guidelines for the types of businesses that can operate in the country.

    Online gambling company Backgammon Masters.com has been quick to open up operations in Mexico, and said it is committed to transparent gaming. For example, it uses data encryption to avoid credit card frauds.

    The company said it plans to expand its business into the rest of Latin America.

    "People like playing like Las Vegas.," Backgammon Masters.com.mx Director of Operations Abraham Atri Mizarahi told La Jornada. "We are considering that there is a growing interest on bets."
    6 people like this.
  2. Jul 11, 2007
  3. Casinomeister

    Casinomeister Forum Cheermeister Staff Member

    I'm going to become the Forum Nazi in a moment - no more thread derailments please.

    Posts moved to here:

    Plus - some of these comments border on racism which violate Rule 1.5.

    Lets not forget that this is not a white man's world in Casinomeisterland - nor is the majority of members from the US. So please think before you post - thanks!
  4. Jul 11, 2007
  5. villa10

    villa10 Dormant account

    The web
    Very interesting news.
    Including Mexico the latinamerican market is more than 400 million people with a good number of internet users.

    Regarding the US, I would like to see how this can be compatible with NAFTA
  6. Jul 11, 2007
  7. EasyRhino

    EasyRhino Dormant account

    San Diego
    This might be another reason to drive down to Tijuana and get a post office box. :)

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