Latest News

Puerto Rico Approves Land-based and Online Sports Betting

Puerto Rico Approves Land-based and Online Sports BettingReading Time: 1 minute

 

The House of Representatives and the Senate of Puerto Rico has approved the sports betting bill and send it to Governor Ricardo Rosselló’s desk.

HR 2038 bill allows for land-based and online sports betting, but will not permit bets on amateur sport on the island.

The new Gaming Commission will be headed by a commissioner appointed by Gov. Rosselló for a term of 10 years and a board of seven members, including two from the private sector.

No specific cost for licenses has been set. The law establishes a tax of 7% on income on bets made via land-based facilities and 12% online.

The bill also states that no point of sale may be located less than 100 meters from a school, religious centre or public or private rehabilitation facility for addicts.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Puerto Rico Approves Land-based and Online Sports Betting

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

Related Posts

Load More Posts Loading...No More Posts.

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.