RushBet Online Casino and Sportsbook Launches in Mexico

Mexico

With over 120 million people, a mobile penetration rate estimated around 60%, and the second-strongest economy in Latin America, Mexico is widely considered to be fertile ground for new and expanding online casino and sportsbook operators. 

Nearly all forms of gambling are regulated in Mexico except for land-based card rooms (poker games are only permitted in casinos) and fantasy sports (which are permitted, but not expressly regulated). Like the rest of Latin America, all games of chance are popular throughout the country, with bettors showing an added level of enthusiasm when it comes to betting on football.

The main piece of legislation governing gambling in Mexico is the Federal Gaming and Raffles Law of 1947. Full regulations came into effect (after much debate) in 2004. While many forms of gambling, including casino games and online gambling, are considered prohibited by the 1947 law, they are able to operate under various interpretations of the two laws.

Online casino and sportsbook operators don’t require an additional license, only authorization and a partnership with a land-based license holder. However, the country could stand to benefit if the regulatory authority, the Directorate General of Games and Raffles, were to loosen requirements and issue more licenses; the online gaming and betting sector’s revenues are estimated to be up to $450 million, with only $50 million of that coming from authorized operators.

Nicaragua

Aside from racing, fantasy sports, and betting on virtual products, all forms of gambling — both land-based and online — are regulated in Nicaragua. Regulatory authority is split between the Control Board of Casinos and Gaming Venues and the Ministry of Finance and Public Credit. Though land-based and online gambling were legalized in 2001, the industry remains largely underdeveloped.

Guyana

Guyana’s Gambling Prevention Act prohibits gambling, but there are a number of exceptions, such as lotteries and pool betting. Casino gaming became legal in 2007 as part of a push to stimulate the country’s tourism sector. As of yet, only two casinos have opened, and only guests of the attached hotel are permitted to play.

There are no laws explicitly prohibiting online gambling in Guyana. The country’s Gambling Prevention Act specifically bans gambling in common gambling houses, a requirement that remote gambling does not fulfill. However, in 2013 the government revoked gambling licenses held by remote gambling companies.

Illegal casinos in Mexico

Given the outdated law and the lack of regulation of online gambling, in Mexico you can find websites of illegal casinos, which do not offer any type of guarantee, such as Casino Tropez, Oceans Online, 50 Stars, Ace Live Casino, Aztec Casino or 21 Dukes.

That is why from ChoiceCasino, we provide you with a list of the best bookmakers and tips so that you can review the casino very well before starting to play to avoid any type of fraud.

By Product Types:

• Betting
• Casino
• Lottery
• Others (Poker, Bingo, etc)

Safety and Security

Security has and always will be a primary concern for punters, they want to feel protected while they browse the safest online betting sites in Mexico. Our analysis reflects our priority for safe and secure platforms and how well we think they achieve this. We make it our mission to only recommend sites that adhere to professional standards concerning data management and complying with local regulation.

Most betting platforms are built to a very high standards in line with modern-web development strategies. Gambling sites in the current climate must make it their objective to comply with the minimum standards expected by customers and push themselves to further develop their platform with sophisticated components to provide a quality customer experience. The results of our analysis can be found below.

Safety Partners at Online Sports Betting Sites in Mexico

Our thorough analysis enables us to conclusively decide the safest and most secure betting sites in Mexico. Security is undoubtedly the most important asset a platform must perfect in order to make it into our recommendations, you can see them all below.

Top Data Safety and Encryption Companies

• Digi Cert
• Entrust Datacard
• GoDaddy
• ComodoSSL
• GenTrust
• GlobalSign
• Rapid SSL

Responsible Gambling Organizations

• Mexican Gambling Commission
• Responsible Gaming Council
• National Council on Problem Gambling
• International Centre for Responsible Gambling
• GambleAware
• eCOGRA
• IBAS

Responsible gambling schemes are now a key focus of the sports betting site. Providing their customers with the reassurance that their safety is their top priority shows that that the operator has a genuine care for its customers. In the table above you can see our carefully selected set of organizations that strive to ensure online wagering platforms are safe for their customers.

Deciding if a betting site is safe or not can sometimes be determined by looking at their logo and its affiliations. Key indicators such as these are very important for a consumer to be aware of to ensure their safety online.

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Betting Offers: Bonuses and New Customer Promotions

The appeal of using a new platform is the sportsbook bonus offer presented to new players as well as numerous proposals of heightened in play odds. Betting offers have been utilized to the fullest by operators to attract new customers to their service. Enticement and promotion has become the primary focus of many sports betting platforms.

The range of betting offers being offered by major platforms is an ever-expanding front with large amounts of revenue and time being used to develop new strategies. The three cornerstones of this concept remains to be bookmakers’ free bets, enhanced odds, and deposit matching bonuses. The quality of each is usually dictated by the value they allow the player to receive.

The terms and conditions are usually dismissed by consumers as being long and monotonous. However, gambling requires a level of understanding which can be provided in these documents. Wagering terms, deposit limits and any other conditions attached must be understood to ensure that you are getting a fair deal with any sportsbook bonus you receive.

It is easy to overlook certain conditions as a punter leading to many being caught out by a simple misunderstanding. Certain aspects will require the player to make a certain number of bets within a time limit for the consumer to access their money, and as important only certain categories of bets may contribute to the cash release.

Betting websites often make it easy to understand wagering requirements as this directly affects their customers. They will state the amount of money needed to bet and the odds required to make it valid toward the wagering amount. Consumers should be aware of the risk this presents as some fail to grasp the bet before withdrawal concept.

VIP programs are made available by the top tier betting platforms, these betting sites promotions reward customers who use the service regularly and make greater contributions to the operator. Players around the world achieve this benefit if they remain loyal to a single platform.

Panama

Almost all forms of gambling are regulated in Panama. Online gambling is subject to local licensing, and operators can offer sports betting, auto race betting, and a full range of casino games. Some products, however, are prohibited; the list includes lottery games, betting on horse races, amateur events, political elections, and other events, at the regulator’s discretion.

Licenses cost approximately $49,900. Applicants must have a legal representative in Panama, comply with all rules and regulations, submit to a background check, and be established in the country. Online gambling is taxed 10% of Gross Gaming Revenue. Gambling in Panama is regulated by the country’s Gaming Control Board.

Regulatory changes announced in September 2020 made Panama one of the few countries in Latin America with a fully licensed online gambling market. Previously, licensees had been barred from offering their services to Panamanian citizens, but now operators will be allowed up to five “.pa” domains. Regulators anticipate licensing between 10 and 15 operations.

Are There Gambling Monopolies in Mexico?

The largest gambling network in Mexico, Caliente of Tijuana, has been granted permission to operate an online casino in Mexico. There’s also the Spanish gambling company Codere, which operates throughout Latin America, and also operates live dealer casino websites in Mexico.

A second local casino operator, Logrand, has just begun offering its services online.

Mexico’s casino establishments are regulated by Mexico’s General Bureau of Gaming and Raffles, Mexico’s online gambling authority. A select few gambling operators have been granted licenses to operate online casinos through it.

Mexican operators, however, must still pay a 30% excise tax after obtaining an online gambling license, making them uncompetitive abroad. As a consequence, Mexican players prefer to play at offshore casinos rather than national online casinos.

Only $50m out of $450m annually is spent by operators such as Codere and Caliente on web gambling platforms. Mexican players tend to choose the best international gambling websites since the payout rates at local legal online casinos are lower and the variety of games is smaller.

Having a new law that regulates online gambling in Mexico is undoubtedly an economically sound move. The stakes are huge. With Mexico embracing online gambling, it’s only natural that the existing legal framework will be amended so that a limited number of operators can offer their services to residents.

The best online casinos in Mexico: criteria to choose from

When talking about the best online casinos in Mexico, Caliente, Bet365, 1XBET, NetBet, Ganabet, Strendus, Codere or Betway should be highlighted. In addition, we find other important ones such as Bodog, 22Bet, Betfair or Betcriss.

Application Process and License Conditions in Mexico

Setting up a gambling business is possible in Mexico provided that the operator obtains authorization from the General Bureau of Gaming and Raffles. One peculiarity of local laws is that only entities based in the country can run betting operations.

Application Process

License Conditions

The following approaches will be presented

• Gambling legislation in Mexico
• Gambling authorities in Mexico
• Online casinos in Mexico
• and more

Mexico differs from some other countries in Latin America, where the casino industry is currently flourishing. Unlike such countries, Mexico still needs to revise its outdated gambling legislation.

Gambling activities are currently permitted in Mexico. They, however, can be run only after the corresponding authorization of the Government is obtained from the Mexican competent authority.

The activities related to gaming and gambling are subjected to the control, monitoring, and regulation of the country's federal government and relevant laws. They are not subjected to the authorities on a state or local level, except for where tax issues are involved.

Best Online Casino Sites in Mexico 🏆

Arguably the fastest online casino market in Latin America, online casinos in Mexico continue to pop up all the time, offering exciting real money slots, table games and live casino options. There are also plenty of different casino bonuses to choose from, and support is often available in Spanish and English.

We know that picking a legit, secure casino for your pesos is a daunting task. So, our team of expert gamblers have put together a list of the best online casino sites in Mexico for you and written comprehensive reviews to help you make an informed decision.

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