Transformations in the Law of Games and Raffles
The regulation of betting in Mexico is governed mainly by the Federal Law on Games and Sweepstakes, which was enacted in 1947. This law has served as the basis for the regulation of physical casinos and betting in the country, but with the arrival of digital platforms and the rapid growth of the online betting market, the need for updates. Over the past few years, various proposals have been presented to modernize this law, with the aim of addressing the challenges presented by online gambling.
In 2023, the Mexican government, through the Ministry of the Interior (SEGOB)presented a reform that seeks to limit the expansion of in-person betting, particularly with regard to slot machines. This measure aims to protect the most vulnerable sectors of society, such as minors and people with addictions. Despite restrictions on land-based casinos, the online gambling market continues to expand, sparking debate about how to balance industry growth with social responsibility.
Economic impact and social responsibility
The growth of betting in Mexico has brought significant economic benefits. According to recent estimates, the betting market in the country could generate revenues close to $1.5 billion by 2024, driven mainly by sports betting and online casinos. This growth has resulted in the creation of more than 180,000 direct and indirect jobs related to the gaming industry.
However, along with the growth, authorities have also placed a strong emphasis on promoting responsible gambling. In the reforms presented, measures such as self-exclusion for those players who face addiction problems, as well as the possibility of establishing deposit limits on betting platforms, have been included. These measures seek to create a safer gaming environment and prevent the negative effects associated with excessive gaming.
Regulation of online betting and responsible gaming
One of the main focuses of the latest reforms has been the regulation of online gambling. With the growing popularity of sports betting and online casinos, it has been necessary to update laws to ensure that platforms operate legally and under strict supervision. The SEGOB has implemented a system that tracks digital platforms and ensures that only those with official licenses can operate in Mexico. In addition, operators must comply with security, transparency and data protection regulations.
In this context, platforms are also using incentives to attract new users, such as 1xBet no deposit promo codea common strategy in the industry to allow users to try the service without committing their money. These codes are an effective marketing tool, but they must be regulated to ensure that they are not used in a misleading way, especially when promoted through digital advertising channels.
Future prospects for the betting market in Mexico
With the continued growth of the betting sector in Mexico, it is expected that regulations will continue to adapt to changes in the industry. The authorities have made it clear that their goal is to find a balance between encouraging innovation and protecting players. Furthermore, the upcoming reforms are expected to include new security and responsible gaming standards, which will not only ensure transparency in the sector, but also establish a framework for fraud prevention and the protection of minors.
Another area in which changes are anticipated is in advertising. Mexican authorities are evaluating new restrictions to limit the exposure of minors to gambling advertising, following the example of other countries such as Spain. This could include restrictions on the hours in which gambling-related advertisements can be broadcast, as well as prohibiting promotions that may encourage irresponsible gambling.
The betting market in Mexico is in a process of transformation. The legal reforms implemented and those to come seek to create a safe, transparent and responsible gaming environment, which allows the growth of the industry without sacrificing the protection of players. As technology advances and digital platforms become the center of betting, it is important that regulations continue to evolve to cover all aspects of this dynamic industry.
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