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The opening of 25 new casinos in sight! - Mexico
After the closure of hundreds of casinos over the last three years, Mexico has restored order in the regulation of casino games. The first resolution of this license distribution problem would be the opening of 25 new casinos soon. According to the chairman of the gambling organization in Mexico, ASPJAC (Asociación de Permisionarios y Proveedores de Juegos y Sorteos, AC), these new investments are estimated at about $ 375 million and will give new life to the casino industry in the country. These casino projects will replace the casinos recently closed by the Ministry of Interior and each of the new casinos will be 12 to 15 million dollar investment. The Ministry of the Interior (Secretaría de Gobernación, SEGOB) as a reminder, has removed several casinos licenses, which resulted in the closure of 100 casinos between 2012 and 2014, most of which were located in the States of Chiapas, Monterrey and Coahuila.
The majority of casino licenses in Mexico were distributed in 2005. Since 2012, the SEGOB closed most casinos for the adoption of a new law because of the disorder in the system of regulation and licensing. Last December, the bill "Federal Betting and Raffles Law" had already passed before the Parliament and would prohibit operators running multiple slot machine rooms, lounges or betting under a single license. This year, the Directorate-General for the Games, a branch of the Interior Ministry, has already approved the majority of licenses. The new casinos will be operational before the end of the year.
Source: James WILLIAMS
Monday, 27 July 2015
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