Close to the USA, Mexico see tax revenues
Due to the country’s close proximity to the United States, the great weather, and relatively affordable cost of living, Mexico is a popular destination for Americans, who looking to play online poker on the biggest online poker rooms.
Including PokerStars, 888poker, partypoker, and iPoker. However, despite many poker players choosing to live most of the year across the border. Online poker is unregulated in Mexico. That means that gaming companies, that provide services, do so by operating in a gray area market. The president of the “Mexican Gaming Association (AIEJA)” is “Miguel Angel Ochoa Sanchez”. He has been urging for a bill to be passed for years now. And once again pressed for action in an interview with “El Economista”.
“Online gaming is very worrying, because it is growing exponentially. And we can not control who comes to play or if that person is underaged,” Sanchez said.
Will Gaming Regulation Pass in Mexico?
Industry experts believe it isn’t a matter of if. But when online gaming regulation will pass in Mexico. Primarily due to what Sanchez once estimated to be $200 million-per-year in tax revenues being left on the table that could benefit the country’s struggling economy.
Poker players in Mexico have been anticipating a change ever since a gaming bill was passed in December of 2014 by the lower house of the Mexican Senate. Expectations at the time were that the draft would be fast tracked for approval before the legislative session ended.