Mexico May License Casinos
Mexico may be the latest country to legalize casino gambling. Discussions have been held behind the scenes, and politicians have put the idea on the fast track, meaning it may reach a vote in the Mexican Congress before summer.
The measure will most likely be presented to the Congress on December 15th to allow consideration and debate, with a vote as early as April.
The bill would license certain establishments as casinos, and gaming would only be permitted on those premises dictated under the license. There would be no allowance for slots in stores, bars, or other non-gaming facilities.
Also, casinos would be refused permission to open near schools, churches, and family gathering areas. Currently, slots can be found both in unlicensed stores and bars, and without regard to proximity to schools and churches.
The bill would include several layers of safeguards against money laundering, and a huge fine for any violations of rules and regulations.
By establishing casinos in resort area such as Cancun and Acapulco, while removing the low-level proliferation that exists, Mexico is able to formulate a plan which will increase revenues and expand games while doing a better job protecting against social ills.
