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New Law Will Lead to Growth SOUTH AMERICA


Te Mexican betting industry is preparing for a year of growth in the online sector as well as a new law that will regulate the activity


President of the Mexican Gaming Association (AIEJA) Miguel Ángel Ochoa has been speaking positively about the new legislation


MEXICO LEGISLATION


MEXICO – Lawmakers for the state of Quintana Roo are claiming that part of a law which would have benefited new casinos was the result of corruption and have vowed to find the person responsible. Deputies for the State Congress have agreed to initiate an investigation in order to find the person who they say could have deliberately changed substituted or modified state documents.


"If the person in charge is a deputy, he will be subjected to political trial for his dismissal and if he is an employee of the Congress, he will be sanctioned," said local lawmaker José Luis Toledo Medina. "We reached an agreement for the deputies to carry out an internal process, for probable acts of corruption in the Committee on Finance, Budget and Accounts, then there will be an investigation, the honourable State Congress was already obliged to make a thorough internal investigation, '' said the legislator. The purpose was to identify and punish the person “who replaced documents in the case of casinos, because it is a crime to alter a legislative procedure, because it violates the law.’


COLOMBIA – The significant growth of Zitro's business in Colombia, driven by the overwhelming success of Link King and Link Me Video Slots, has led the company to establish a new office in Bogotá and expand its commercial team with the hiring of Diana González, Sales Manager of Zitro Colombia.


The increase in human and material resources in Colombia responds to the company's expansion plans, for which the Latin American market is fundamental, as Alejandra Burato, Regional Director of Zitro for Latin America states: “The vertiginous growth of Zitro throughout the region, and in particular in Colombia, has led us to the decision to strengthen our human, commercial and technical structure, as well as to open a new office in the capital city of the country. We can only thank our customers for the great commitment they have made and make with Zitro. We will try to live up to the confidence they have in us, giving them through Diana González and her team the excellent support and service that characterise Zitro.


For her part, Diana González assumes with enthusiasm and optimism her new position: “I am excited to be part of the Zitro team, a company with a range of truly formidable and successful products already demonstrated in the region.


“Our Video Slots Link King and Link Me have become reference products in Latin America and in the Colombian market, with which we are fully committed. Our goal is to guarantee Colombia's operators not only great products but also the best commercial attention and unsurpassed technical support.”


P12 NEWSWIRE / INTERACTIVE / MARKET DATA


Te Mexican betting industry is preparing for a year of growth in the online sector as well as a new law that will regulate the activity, according to President of the Mexican Gaming Association (AIEJA) Miguel Ángel Ochoa.


Miguel Angel Ochoa said that he expected the industry to grow even though President Andrés Manuel López Obrador has expressed his intention not to grant any more licences. In addition Ochoa said that the proposal in Congress put forward by the ruling National Regeneration Movement (MORENA) to renew the Federal Law of Games and Sweepstakes was a positive move for the industry overall.


“So what I think awaits the sector is an inward growth. Tat is, offer a better service to its customers. It is about increasing the offer, not only of machines and live gaming tables, but also online, which is growing significantly. And really consolidating gaming across the country,” he said.


According to the AIEJA gaming establishments in Mexico house around 100,000 machines and generate 50,000 direct and 125,000 indirect jobs. Te highest concentration is mostly in six states: Baja California, Mexico City, Nuevo León, Sonora, Jalisco and Estado de Mexico. More than


half of the casinos in the country are in these states. Casinos make up around 0.5 per cent of the Gross Domestic Product (GDP), have around five million customers and 380 establishments.


State governments have applied special taxes and fees, which generates a collection of 4,700 million pesos (US$248.6m in federal taxes and 1,500m pesos (US$79.3m) on a state level, Ochoa said.


Although Ochoa complained about the tax burden, he also argued that it was a sign that the government should take advantage of the industry, with the creation of a Gaming Commission that includes the federal secretariats of Tourism, Economy, Finance, Government, and Public Security.


New rules over how the industry is taxed and monitored are likely under the new National Regeneration Movement (MORENA) administration. In March Ochoa reiterated his support for new rules which would change taxes on the industry in Mexico.


Ochoa said that new taxes at a federal level would lead to more certainty for national and foreign investors which will in turn lead to greater foreign investment and more jobs.


the luxurious presidential plane in case the government was unable to find a buyer through the National Lottery.


Mexico’s President raffles the Presidential Plane


Mexico


Te President of Mexico Andrés Manuel López Obrador has presented a new lottery ticket offering the Presidential plane as a prize. Te Mexican president showed the image of the lottery ticket with which he intends to “raffle” the presidential plane and obtain resources to buy medicines and medical equipment.


Obrador insisted on raffling


"If a buyer does not give us an offer, we will continue with this plan and the raffle is very likely," the president said at a press conference.


After a year without being able to sell it, the government decided to return the aircraft to Mexico after reporting that it has spent US$1.6 million during its stay in a hangar in Victorville, California.


Te ticket shows a photograph of the plane with the slogan: “Grand Prize, Presidential Airplane" in large orange and green letters. May 5th is the possible date of the draw.


Te Boeing 787-8 was purchased for US $218m in


2012 but not delivered until February 2016. Te president has brought up many other ideas regarding the plane, including renting it by the hour, or selling it to a group of businessmen.


However, the socialist President has described the aircraft as "a palace of the heavens" and said that it was an offense to the people of Mexico, for which he has insisted in his speech that "we are going to get rid of that plane." Te 80-seat aircraft has a full presidential suite with a bedroom and private bathroom.


For the raffle it was reported that six million tickets will be put up for sale with a price of 500 pesos each (about US$25), through which it is expected to raise 2,500 million pesos (about US$127m).


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