Gaming operators in Mexico say they endorse new rules for cleaning up the industry. They claim, however, that the license duration called for in the reforms is too short.
The Association of Licensees and Providers of Games and Draws, a trade group representing 18 casino operators and suppliers, wants the bill’s 10-year licenses with 10-year renewals extended to at least 12, 15 or 20 years.
Association President Alfonso Lizaur suggested the ideal period for providing certainty to Mexican and international investors is 20 years, with a 10-year renewal.
“I think that a new law is sensational because we will have a secure legal framework, a situation that doesn’t exist today,” he said.
The bill, which spells out new rules and sanctions for licensees, expands the specifications to obtain a license, homologates and controls the operation of machines, equipment and software, and establishes a national regulatory agency, is currently under consideration in the Chamber of Deputies, the lower house of the Congress.
