Slots Ban a Blow to Mexican Gambling Industry A. Mitchell - OnlinePoker.Net
go to original October 28, 2013

The new rules have been designed to help create a safer gambling environment for both residents and tourists alike. (Jon Feingersh/Blend Images/Getty Images)

Mexico’s decision to outlaw slot machines could deal a hefty blow to the country’s gambling industry, considering the devices typically account for around three-quarters of gambling revenues in destination-resorts, and generate at least twice as much as all other casino games put together.

... In Mexico, equally, slot machines are known as “tragamonedas,” or “coin swallowers,” which concisely highlights their voracious nature. As a result, concerned officials have cracked down heavily on slot machines, seeing the move as a step towards alleviating some of the country’s  social problems.

Simultaneously, the Mexican government has also taken steps to tackle the problem of illegal casino operations inside the country, which have also become a rampant problem in recent years. Consequently, Mexico has issued a decree reducing casino permits from 40 years to 25 years, as well  as limiting the holders ability to rent out operations to other operators.

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