Results 1 to 3 of 3
  1. #1
    The Buzz's Avatar
    The Buzz is offline GPWA Gossip Hound
    Join Date
    February 2007
    Location
    Newton, MA
    Posts
    3,852
    Thanks
    346
    Thanked 1,632 Times in 990 Posts

    Default Puerto Rico passes sports betting bill

    After members of the Puerto Rico House of Representatives reached consensus over how sports betting should be regulated, the Senate passed HR 2038 bill with amendments this week. If sent to the governor and signed, the bill would allow for land-based and online sports betting, including eSports and fantasy sports betting, but not bets on amateur sports. It would also create the "Law of the Gaming Commission of the Government of Puerto Rico."

    From G3 Newswire:

    Agreement was reached after more than two months of negotiations, after two commissions of the House of Representatives reached an agreement on the project.

    One of the main differences between the representatives of majority party Néstor Alonso Vega and Representative Antonio Soto revolved around where sports betting would be allowed. Last week Soto said that sports betting legislation could be delayed as he objected to how the measures could have allowed, for a betting centre in each location where there is an electronic lottery terminal or in any “grocery store”, The language of the bill “opens the door to thousands of betting places on the island,” he said.
    The new Gaming Commission will provide an institutional structure for already existing groups which oversee gambling in Puerto Rico including the Horse Racing Industry Administration as well as the Gaming Division of the Tourism Office of the Department of Economic Development. The new commission will be headed by a commissioner appointed for a term of 10 years and a board of seven members, including three from the private sector. This board, in turn, will also be helped by an advisory board made up of seven members.

    In April the governor of Puerto Rico, Ricardo Rosselló, announced that he would put forward a project before the Legislature aimed at authorising online and land based sports betting. Illegal sports betting is widespread and Puerto Ricans like to gamble especially on American sports particularly on the NBA. According to local reports, a small illegal betting centre can receive up to US$5,000 per day in bets while a larger operation can often take in around US$20,000 per day.
    Read more here: https://g3newswire.com/puerto-rico-a...-betting-bill/

  2. The Following User Says Thank You to The Buzz For This Useful Post:

    DanHorvat (30 June 2019)

  3. #2
    big fish is offline Private Member
    Join Date
    February 2003
    Location
    Florida
    Posts
    1,250
    Blog Entries
    32
    Thanks
    53
    Thanked 114 Times in 85 Posts

    Default

    awesome, registered puertoricosportsbetting.com - please PM me if you're interested in the domain.
    - Big Fish - Founder of Wagerz.org, CasinoOnline.us & SportsGambling.us

    1. wagerz.org: Discover the best US online gambling sites for real money play. Wagerz is a United States online casinos and sports betting guide.

    2. sportsgambling.us: Find USA sports betting websites that are legal and licensed in the United States of America.

    3, casinoonline.us: Compare USA online casinos with fact-checked reviews of legal casino sites for American players.

  4. #3
    gil.langelaan's Avatar
    gil.langelaan is offline Private Member
    Join Date
    July 2018
    Location
    Johannesburg
    Posts
    966
    Thanks
    110
    Thanked 305 Times in 242 Posts

    Default

    Probably good for gamblers and Puerto Rico budget, probably bad for us.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •