Connect with us
Prague Gaming & TECH Summit 2025 (25-26 March)

News

What next for Mexico’s gambling industry?

Published

on

Reading Time: 4 minutes

Mexico, a well-known holiday destination, does not have a properly regulated gambling industry.

It was in 1947 that the then President, Lazaro Cardenas banned gambling. But the industry flourished underground. Despite the demands from government officials, the old law has still not been changed.

The history of gambling in Mexico

Despite its illegal status, gambling does take place in Mexico. Betting on horse racing, dog racing, gaming machines, cockfighting, sports betting, lottery, Jai Alai (a form of the Basque pelota game) and scratch cards, is tolerated. But properly regulated casinos are not to be found. The current situation is at odds with Mexican tradition and heritage, which has had gambling at its heart since the Aztecs in ancient times. When the French attempted to colonise the country in the 19th century, casinos could be found across the country. The Mexican Revolution that put a stop to President Porfirio Diaz’s 30 years of rule 1911 also put a stop to the Mexican gambling industry.

There was a brief resurgence of gambling in the 1920s, when American gambling tourists were seeking an escape from their own period of prohibition – not only of gambling, but alcohol too.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

Gambling in Mexico today

The ambiguity around Mexico’s current gambling legislation was born from a piece of legislation called Regulations of the Federal Games and Draws Law, which aimed to regulate all gambling activity in 2004. In 2012 and then again in 2013, the law was amended to try to clarify the rule with regards to ‘skill-based electronic games’, which were only allowed with a special permit. Further confusion ensued when the same regulations seemed to include slot machines in this category.

To clear up the confusion in this status quo, the Federal Gaming Law bill is currently being reviewed by the government. If this Bill is passed, then it will officially accept that gaming exists and will create a new Regulator to oversee all gaming activities. At that point, Mexico may well see the advantages of a well-regulated gaming industry and how it can be a positive force for society. If passed, the Federal Gaming Law will guarantee:

Players’ wins will be paid out to them

The Government will be able to levy betting taxes that pay for the regulation.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

Gambling operators will be forced to implement strict anti-money laundering measures.

Underage and problem gamblers will be refused by the licence holders.

Licenced betting companies will be regularly checked, and their finance examined to ensure that they are playing by the rules.

Under the Federal Gaming Law, there is the general rule that games of chance – and where bets are crossed – are still prohibited. The exceptions that they have cited are as follows:

  • Chess
  • Dominoes
  • Dice
  • Bowling
  • Billiards
  • Ball games
  • Horse and car races
  • Physical sports

So as you can see, the waters are more than a little muddied in the current picture. To make things even more confusing, bookmakers and clubs often permit bingo, the lottery, cockfighting, bullfighting, casinos, track betting and sports betting. Sports betting is in fact legal in Mexico, with the monopoly holder Caliente taking bets over the phone or the internet. One of their most popular territories is Baja California, which is very close to the US state of California.

The benefits of a regulated future

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

Mexico isn’t the only country that’s been through this type of historical development. As technology and the internet have emerged, other nations have amended their regulations to reflect the changing ways that people gamble.

They’ve created more robust regulatory environments to manage the influence of an industry that appeal hugely to players, but also raises valuable taxes that can be turned into funds to benefit society at large. Within this framework of legalisation and regulation, gambling operators have been able to thrive.

Mexico might look to the UK for an example of this. In the UK, the Gambling Commission regulates the businesses that provide gambling products and services in Great Britain. Everything to do with gambling – from the National Lottery, to the slot machines in the pubs, are governed by the Commission. Under the legislation, inspectors make frequent visits to licensed premises to give advice and take remedial or preventative action if and when it’s required.

The Commission also reviews the financials of the gambling license holders to ensure that everything is within the rules. It is a strict environment that works well for gambling operators and players alike.

Online gaming flourishes in a regulated world

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

As we said before, there are companies in the UK jurisdiction which work within the rules and which provide innovative online gaming for millions of people. Virtual gambling enables gamers to play their favourite games from the comfort of their own home, or remotely, on their mobile or desktop devices. From poker, to blackjack, and roulette – players across the UK are heading to online casinos in droves, embracing the convenience and the increasingly realistic simulation of the experience of gambling in real, land-based premises. So much so, that online gambling now brings in one-third of the total revenue of gambling, according to the Gambling Commission’s own figures.

Bingo is a hugely popular pastime in the UK – and perhaps accordingly, has been a huge hit online. For example, one leading operator is Wink Bingo, which owns and manages online bingo games in the UK. Players can not only play a wide range of games, they can interact with each other on lively, vibrant community forums and even take home rewards that can be redeemed for shopping vouchers. This operator has been able to flourish, even amid heavy regulation, by appealing to players in a responsible way – as you’ll be able to see by visiting the Responsible Gaming section.

Mexico is a beautiful country with a rich heritage – and it’s a stunning holiday destination. If the country embraced a properly regulated gaming industry, they would become an even more sought-after holiday destination for people that like to gamble. Just look at the US, the UK, and many countries in Far East, where millions of people go to gamble every year. An economy based on a gaming industry is obviously not a good idea – but a safe, regulated industry which contributes to the economy and the social well-being of its people, is surely a step in the right direction.

Source: The Yucatan Times


Source: European Gaming Media and Events

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

Latest News

What makes Turbo Games’ provably fair games so special?

Published

on

what-makes-turbo-games’-provably-fair-games-so-special?
Reading Time: 4 minutes

 

A partnership between game developer Turbo Games and iGaming solution provider and aggregator Slotegrator began in November 2022 via the APIgrator game integration solution. Since then, the collaboration has been developing successfully — and now it’s time to analyze what made it successful.

Turbo Games has noticed how the new technologies spreading throughout the industry can work for the good of brand transparency and player loyalty: “We can already see how blockchain technology has made it possible to make betting checks more accessible to players. All you need is a blockchain-hash and a decoder service. We think we will continue to move in this direction. Many traditional online casinos do not offer the possibility to check the bet. Sooner or later we all have to come to this. Perhaps the development of artificial intelligence will help here, because we are already seeing its involvement in all spheres of human life.”

Turbo Games specializes in provably fair games. Provable fairness is a concept where players can verify their wins or losses using blockchain technology — the outcome of the game is dictated by a smart contract and is absolutely random, barring the possibility of any human involvement. Using cryptographic hashing algorithms, the gambling site and the player’s device both generate seeds (random strings of numbers). Players receive a key that allows them to check the results; if the results are the same as the game round they witnessed, it proves that there was no foul play.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

According to statistics from Turbo Games, the audience for provably fair games is mostly between 18 and 25 years old. However, there are also players aged 35-40 who prefer traditional games but would like to try something new, and have turned their attention to provably fair games.

There are good odds that the technology of provably fair games will become more popular, if not even commonplace, because it gives players a feeling of transparency and proves that the business is trustworthy without the need to search through dozens of reviews. Whereas many innovations in iGaming simply add entertainment, provable fairness addresses security concerns and reassures players that they’re not being exploited, which is invaluable.

Provably fair games are beneficial for both players and online casinos. Vadim Potapenko, Head of Sales at Turbo Games, comments: “It often happens that the users are not satisfied with the result, because gambling is not only about big wins, but also possible losses. By allowing them to check the fairness of a bet, we make life easier for platforms and players. Of course, this allows us to communicate with partners and users that we work honestly and that’s why they should trust our games.”

Ayvar Gabidullin, Business Development Manager at Slotegrator, adds that “this type of game is now becoming more and more popular and has great potential for both players and game providers in the future. On the part of the player, the advantage is that the player can always be sure that his game is fair and he can independently check any of his bets. And for the game provider, this also simplifies the process of implementing casino games, since now it will not be necessary to obtain the appropriate certificates from independent laboratories before launching new games, they can immediately enter the market with these games and where anyone can check the result and make sure that that there is no cheating with players. Many game providers are starting to look towards this type of game. And as far as I see, many operators are starting to think about adding these games.”

What do players in 2023 need? The iGaming industry is all about reputation and trust. Players have a huge number of platforms to choose from, making them pickier and pickier. There’s an abundance of forums where players leave reviews, so if players view a brand as untrustworthy, there are plenty of places they can share their opinion. Provable fairness not only stops that from happening, it provides evidence to the contrary, giving players something else to talk about.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

Slotegrator also recommends investing time and effort into localization and creating an effective and detailed marketing strategy — before trying provably fair technology players need to get to the platform, and there is no acquisition without marketing.

 

 ABOUT SLOTEGRATOR

Since 2012, Slotegrator has been one of the iGaming industry’s leading software and business solution providers for online casino and sportsbook operators.

The company’s main focus is software development and support for online casino platforms, as well as the integration of game content and payment systems.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

The company works with licensed game developers and offers a vast portfolio of casino content: slots, live casino games, poker, virtual sports, table games, lotteries, casual games, and data feeds for betting.

Slotegrator also provides consulting services in gambling license acquisition and business incorporation.

More information: https://slotegrator.pro/

 

ABOUT TURBO GAMES

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

Turbo Games — a provably fair games provider that belongs to Turbo Stars company — has an ambitious goal to establish widespread recognition throughout the iGaming world. Even though it is young, the company consists of professionals who have been working on the brand for over five years and are even planning to introduce a new brand for a wider audience soon.

Turbo Games also works in Europe, India, and South Africa, where the company sees the most potential and expects the same “hype” as in Brazil.

The portfolio of Turbo Games consists of 21 titles, including well-known games like Mines, Crash X, DoubleRoll, Hi-Lo, and Plinko. The studio releases a game every month. However, not all games are developed from scratch. Wicket Blast and Spin Strike, the last two releases, are based on cricket and the Indian Premier League. Crash X remains the most popular fast game in the Turbo Games portfolio, and the studio reports that crash games enjoy stable levels of popularity. Overall, the main focus of the brand is provably fair games.

More information: https://turbogames.io/

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)
Continue Reading

Baltics

Games Factory Talents has teamed up with Nordic Game to bring you Nordic Game Talents.

Published

on

games-factory-talents-has-teamed-up-with-nordic-game-to-bring-you-nordic-game-talents.
Reading Time: 2 minutes

Looking to take your career to the next level in the games industry? Then, Nordic Game Talents is the place to be! Games Factory Talents has teamed up with Nordic Game to bring you Nordic Game Talents.

From Oct 27-29, the online and interactive event is dedicated to recruitment and career building in the creative & games industry within the Nordic region. The event empowers participants to be part of a bigger community and motivates them to explore new paths in achieving their career goals.

Hiring creative & games studios – Supercell, Funcom, Panzerdog, Tactile Games, Gamecan, Fingersoft, Dazzle Rocks, Redhill Games to name a few from the Nordic region will be participating in the event. These studios will share information on their latest projects, work culture and what it takes to be part of their team. The individual games associations from Finland, Denmark, Sweden, Norway and Estonia will share insights through live sessions on the booming games industry in their respective countries. Career development topics pertinent to job seekers like – How to have a successful first interview, Creative Portfolio reviews will also be discussed.

Experienced game industry professionals and individuals beginning their careers from around the world are welcome to join the event. One-to-one interviews with the hiring studios can be scheduled through the event platform. A great opportunity to get to know the studios and network with game professionals from around the world.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

Participating in the event

As a job seeker attending Nordic Game Talents, take a few minutes to fill out a simple registration form. After filling the registration form you will receive a link to the online event platform – PINE, to join the event on 27th October. Participants joining Nordic Game Talents will also receive a free-of-charge pass to the Nordic Game Conference.

To view the complete agenda, please click here and to learn more about the event please visit Games Job Fair

About Games Factory Talents

A Helsinki-based talent attraction agency dedicated to the games & creative industry. Our services include direct recruitment, organizing game job fairs and managing a community of game industry professionals through our GameDev Talent Board.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

To learn more about Games Factory Talents visit – Games Factory Talents

Continue Reading

810 THE SPREAD

Cumulus Media Launches 810 THE SPREAD, the Bay Area’s First Sports Station Focused on Sports Betting

Published

on

 

Cumulus Media (NASDAQ: CMLS) announces that it has launched the Bay Area’s first Sports radio station focused on sports betting, 810 THE SPREAD. The new station brings sports and sports betting news, information, and insights to the burgeoning and underserved sports betting audience in San Francisco. 810 THE SPREAD will deliver behind-the-book perspectives from experts in a highly entertaining and engaging format. 810 THE SPREAD goes live today on the legendary 810am frequency that has been the 80-year home of historic Talk Radio KGO-AM. Cumulus San Francisco also launched the station’s new website at www.810thespread.com. Kevin Graham, Program Director of Cumulus’ sister sports stations KNBR 680AM/104.5FM and 1050 KTCT, adds Program Director duties for 810 THE SPREAD.

Larry Blumhagen, Vice President/Market Manager, Cumulus San Francisco, said: “810 THE SPREAD joins our sports brands KNBR 680AM/104.5FM and 1050 KTCT for a trifecta of dynamic sports content across four signals and streaming everywhere. We are excited about this new chapter and look forward to serving the Bay Area’s passionate sports fans in an incomparable way.”

Blumhagen added: “This is a bittersweet day for us, as it’s hard to say goodbye to the legendary KGO, which has been a part of listeners’ lives for so many years. We want to thank all the people who have been a part of KGO’s historic run these many years – and the listeners who loyally tuned in to the station. Times change, and we must change with them.”

Kevin Graham, Program Director, 810 THE SPREAD, said: “810 THE SPREAD will be the Bay Area’s best bet for sports fans and sports betting enthusiasts, and we are pleased to introduce sports-betting radio to our community. The station will feature a lineup of expert personalities that deliver unique sports talk and sports betting insights that entertain, inform, and engage, along with Cal Football and Basketball as well as select professional and college sports play-by-play events. While 810 THE SPREAD will feature specific gambling information, we believe our entertaining presentation will make it a favorite for all Bay area sports fans and a perfect complement to the legendary KNBR and KTCT. With its addition, it truly shows Cumulus’ commitment to the Bay area as ‘The Sports Leader’!”

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

The weekday programming lineup for 810 THE SPREAD includes:

6am-9am – Bet QL Daily – The must-consume show for sports fans and betting fans alike. Hosted by Joe Ostrowski, Joe Giglio, and Erin Hawksworth.

9am-12pm – Jim Rome - Aggressive, informed sports opinions, rapid-fire dialogue, and plenty of sports smack. As one of the most prolific sports talk hosts in America, Rome draws massive tune-in with legions of fans known as clones, who live for Rome’s take on the day’s largest issues in sports.

12pm-4pm – You Better You Bet – Nick Kostos and Ken Barkley have you covered for the best bets on the biggest matchups, the latest line movement and updates in the futures market. We’ll have up-to-the-minute coverage of backdoor covers and bad beats, and the cheers and tears that come with them. It’s sports betting conversation like you’ve never heard before.

4pm-8pm – Bet MGM Tonight – Live sports betting updates for all the night’s games as they happen – plus live “look-ins” for Major League Baseball games in progress. Get the latest scores, sides, totals, props, parlays, futures, and much more with hosts Quinton Mayo, Trysta Krick, and Ryan Horvat.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

8pm-12 Midnight – CBS Sports Radio

BetQL Network programming is provided by Cumulus Media’s Westwood One through a partnership with Audacy.

For more information or to stream 810 THE SPREAD, visit: http://www.810thespread.com.

Continue Reading

Trending