| Mexico Leads Way Forward for LatAm Online Gaming TCRN | |
| go to original August 16, 2016 |
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With a population of more than half a billion people combined, it is no surprise that the Latin American online gaming industry is the next point of focus for many in the iGaming scene.
In the not too distant past, governments in Latin America only allowed out of date laws on the gambling front. That is changing now as some of them, like Mexico, are beginning to change gambling laws to counter corruption and generate some revenue for the national budget. Since the new change in Mexico for instance, more gaming operators have moved their operations into the Mexican capitol.
On the Brazilian front, the change has been a lot slower to come. The crumbling economy has led to new gambling bills however as the government tries to bring in new foreign operators into the Brazilian gaming market.
... As the year winds down, the future of the Latin American online gambling industry looks very intriguing for everyone involved especially if events in Mexico are anything to go by. The current shaky infrastructure is expected to give way soon as better foundations are put in place by the governments all across Latin America. They can no longer overlook the job creation potentials and the positive impact on the budget. It is for this reason that experts believe that proper legalisation of gambling in Latin America is not far away.
Read the rest at TCRN
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