SectorWire
SearchRegister
MenuClose

Ecuador referendum could permit casinos in five-star hotels

Regulation

Ecuador’s 16 November referendum will ask voters whether to legalise gambling in five-star hotels, following approval of a revised question by the Constitutional Court. If voters approve the measure, casino operations could return within months, according to ProntoPaga gambling sales head Juan Carlos Loza Mendoza.

The referendum could determine whether land-based casino operators may enter Ecuador’s five-star hotel market.

Request a correction

Flag an issue

Keep reading

Regulation

LatAm gaming leaders debate tax rises and illegal betting markets

Five Latin American gaming-industry figures have discussed whether recent gambling tax increases strengthen regulated markets or push players towards illegal sites. Gaming LatAm chief executive Carlos Fonseca Sarmiento argued that excessive taxes can bolster the black market, while the discussion also raised concerns about offshore competition and tax design.

Continue reading