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Compliance Updates

Mexico to regulate online gambling

Niji Ng

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Mexico to regulate online gambling
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Mexico has been reviewing its gambling legislation for regulating the online gambling sector. The legislators want to bring the online gambling scene in line with the rest of the gambling industry in the country.

With the economy in the country steadily improving, more people have disposable income that they can spend on the likes of gambling. Currently, Mexico has the second biggest gambling sector in Latin America, with revenues from gambling surpassing the $10bn (£7.6bn) mark each year, with only Argentina ahead of them in the rankings.

While gambling has often been illegal in the country, and for many years there were no licensed casinos, it hasn’t stopped anyone from doing it. Scratch cards, cockfighting, and horse racing are all popular past times.

Advances were made in 2004 when a law from 1947 was altered – a move that allowed people to gamble in places outside of the facilities of the Secretariat of the Interior and led to an influx of investment from both domestics and international investors.

Soon, new casinos were all licensed and properly contributing to the tax system. Although the government still closely controls these new establishments, the casinos and slots halls are often operated by private companies, with some of them rivaling those in Las Vegas.

Changes abound in Mexico

One of the final pieces of the puzzle needed to bring the gambling sector in Mexico up to the speed with developed countries is their online gambling sector. Currently, online gambling in the country is not regulated.

People can use online casinos but, because there’s no regulation, it can be a risky business betting money with no guarantee that you’ll ever see your winnings.

There have been many calls to change the situation, and now it looks as if change may be on its way in the not too distant future. Currently, the county’s 1947 Federal Gaming Law Bill is under review with the aim of drafting regulations that would bring the online gambling sector in line with the nations other gambling organisations.

If this happens, it will be a big deal for investors and participants alike. Online gambling sites will be trusted and companies will be able to focus on long-term growth rather than worrying about what the future might hold.

Potential benefits of regulation

There are endless benefits to users of these online gambling sites if approval is given for the sector to be regulated. With so many participants in this space, the competition will be fierce to try and gain market share. This means that new players will be enticed with lucrative offers and bonuses. In the past, with the unregulated sector, a lot of these sites promising great rewards upon sign up could not really be trusted due to the lack of regulation.

Gamblers would tend to stick with a tried and tested party, rather than taking the chance elsewhere, even if the odds were a lot better on other sites. Regulation will inevitably lead to growth in the revenues of the leading regulated online gambling platforms, allowing them to pump more money into their offerings and the business as a whole.

This will enhance the experience for players, too. If changes are approved, these companies need to invest or else they risk being outshone by other market participants, especially those who will be entering the market from abroad. To date, the lack of regulation has meant a lot of established global online gambling companies have avoided Mexico, but this will not be the case once the regulation comes into effect.

It will also be in the interest of the Mexican government to introduce regulations, as they will be able to properly benefit from the taxes derived from online gambling. With the tradition of gambling in Mexico, this could be a massively lucrative market for all involved, and in the not too distant future, the online gambling sector could see its revenues bypass the $10bn (£7.6bn) annual revenues of the current gambling sector in the country. 

 

Source: vegasslotsonline.com

Niji has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. Besides reporting industry headlines from all around the globe, Niji is also head of the content management team at Impressions Content Management, based in Kerala, India, which offers writing and editing services to clients around the world.

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Compliance Updates

Italy adopts gambling advertising ban

Niji Ng

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Italy adopts gambling advertising ban
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The Italian government has adopted the law that bans gambling advertising completely. Here are the details about the ban and its implications.

The law decree enforcing the gambling advertising ban technically came into force from July 14. However, there is a provision in the law that allows ongoing contractual agreements, which were already signed, to extend till 16 July 2019, as the case may be.  

Additionally, the law decree provides that the existing gambling advertising regulations are still applicable which shows that in the intention of the Government some types of gambling advertising should be allowed, otherwise existing gambling advertising regulations would not be meant to regulate anything.

The consequence of the above is that the ban as of today does not apply to anything… Also, the law decree still needs to be ratified by the Parliament which might either implement changes or even cancel it.

Is the gambling advertising ban legal?

Even if we are able to argue that from the 1st of January 2019 the ban would be applicable to some gambling advertising activities, it should be considered that: this is a law decree which is an urgent measure that was not urgent since a transitional period of up to 1 year was granted. Therefore an abuse of the regulatory instrument of the law decree took place; this is a technical regulation that was not notified to the European Commission with the required 3 month “stand still” period which is provided by the EU Directive 2015/1535, and this is a measure that is basically completely banning online gambling because online gaming operators can market their services only through remote channels of communication. Therefore if no advertising whatsoever can be performed, they cannot make the public aware of their services and therefore they cannot do business. This is a disproportionate limitation of the freedom of doing business provided by the Italian Constitution and of the EU principle to provide services.

The hope is that the Government will understand the mistake and go back to the existing gambling advertising regulations that if enforced would already set very stringent restrictions to gambling advertising.

 

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Compliance Updates

Dutch gambling regulator to discuss legislation with industry leaders in September

Niji Ng

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Dutch gambling regulator to discuss legislation with industry leaders in September
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The Dutch gambling regulator the will discuss the fresh proposals about the Remote Gambling Bill that with the industry leaders in the country.

Sander Dekker, the Minister for Legal Protection of the Netherlands, proposed a revised framework for licensed operators to enhance consumer protection measures.

His letter to legislators revitalises a bill that had been lying dormant for nearly two years following approval by the parliament’s lower house.

Speaking at iGB Live! in Amsterdam on Wednesday, Netherlands Gambling Authority’s board member Joop Pot said a meeting of the Committee of Justice and Security on 13 September would provide the platform for the first formal parliamentary reaction to Dekker’s letter.

The regulator is also keen to resolve what would appear to be the major potential sticking point in the legislative proposals – providing a clear separation between social gaming and gambling – by hosting a meeting with operators to discuss how to stop an “interweaving of products”, Pot said.

The date for the meeting with industry stakeholders is to be confirmed and will take place a few days before the Dutch Gambling Authority’s new chairman officially begins in his or her new role on 1 October.

Pot said that the new chairman, to replace the outgoing Jan Suyver, has already been identified and, following the required due diligence checks, the identity of the individual is likely to be revealed next month.

“We call on providers of gambling and games to participate in this meeting in September,” Pot added in his briefing. “The best solution usually comes from a joint effort.”

Pot said that the authority had identified “gambling advertising on gaming websites and vice versa.”

He also insisted that while Dekker’s letter should “remove the main roadblocks” to long-awaited upper-house approval, it will be vital to “introduce greater barriers between social gaming and gambling.”

To that end, Pot added that the regulator, also known as the Kansspelautoriteit, had changed its name recently from the Netherlands Gaming Authority to the Netherlands Gambling Authority to better reflect its focus.

“The bill will enable us to better protect the consumer and give us additional enforcement power to prevent gambling addiction,” he said.

“We have commissioned research that has shown that blurring the boundaries encourages young people to gamble.”

The other stand-out proposals in Dekker’s letter were the requirement of operators from outside the European Union or European Economic Area to have a physical presence in the country.

Also for all licensees to have a local representative responsible for gambling addiction prevention.

With Dekker having pushed the bill to the new coalition government and called for law-makers to resume the legislative process “vigorously”, Pot told iGamingBusiness.com that he is confident “the time is right” for parliamentary approval of the legislation “in a short time.”

He added: “I cannot say for sure, but by the end of 2019 it could be in place. Realistically it could be the first half of 2020 as I know the parliamentary process can take time.”

Earlier this month it was announced that Marja Appelman, the pro-business CEO of the authority, would be quitting her role after five years in charge, with the board covering her tasks from the start of August while a review of the regulator’s management structure completes.

 

Source: igamingbusiness.com

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Compliance Updates

Poland to enforce stricter regulations over online gambling

Niji Ng

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Poland to enforce stricter regulations over online gambling
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The Polish government is demanding more info from internet service providers (ISPs) about its citizens’ attempts to access illegal websites.

The government wants to make the restrictions stricter for unauthorised online gambling sites and will require local internet service providers (ISPs) to inform it about citizens’ attempts to access them. According to the Panoptykon Foundation, a digital rights watchdog, the government will compile a central registry of unauthorized websites that “used to offer goods and services contrary to the law.”

According to the digital rights body, the government seeks to authorise a “chief sanitary inspector” that would compel data from ISPs that will disclose which citizens tried to access unauthorised websites. In addition, companies would have to turn over the information “without the knowledge and consent of the person it concerns.”

Local organisations are worried that the censorship’s expansion could turn out to be the first of many steps in an online limitation escalation. Nonetheless, several countries enforce similar restrictions on online activities and are hardly ever questioned, like the Canadian province of Quebec or some experiences in the UK as well.

 

Source: focusgn.com

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