Exploring Online Gambling in Mexico
There have been numerous transformations in Mexico's gambling sector over the past few years. The easing of online gambling restrictions has simplified the process of finding licensed online casinos in Mexico.
Mexico’s president signed a Regulatory Change: A Significant Decree Modified the Regulation of the Federal Gaming Law and Sweepstakes. This transformation resulted in the federal government ceasing to issue new licenses for brick-and-mortar slot machine venues and opting not to renew current permits upon expiration. Consequently, the online gambling sector in Mexico is poised for notable expansion.
Gambling Regulations in Mexico
Online gambling is permissible yet somewhat loosely governed. The industry is overseen by the Federal Gaming and Raffles Law . Despite relying on the 1947 Act for regulating gambling activities, recent amendments have been made to formally recognize gaming and enhance player safety. Key regulations include the following considerations:
- Online casinos in Mexico must obtain a license from SEGOB by ensuring they provide adequate operational standards.
- There is no explicit law barring Mexican citizens from engaging in offshore casinos . However, running an online casino without a local license is deemed illegal under Mexican legislation.
- Both the Federal Telecommunications and Broadcasting Law and a self-regulation agreement among licensed operators restrict advertisements for unlicensed sites. This provides licensed operators increased freedom to promote themselves, provided specific criteria are met.