{"id":257,"date":"2024-06-27T08:12:23","date_gmt":"2024-06-27T05:12:23","guid":{"rendered":"https:\/\/50nodepositbonuscasinoextreme.icu\/2024\/06\/27\/puerto-rico-moves-forward-with-sports-betting-regulations\/"},"modified":"2024-06-27T08:12:23","modified_gmt":"2024-06-27T05:12:23","slug":"puerto-rico-moves-forward-with-sports-betting-regulations","status":"publish","type":"post","link":"https:\/\/50nodepositbonuscasinoextreme.icu\/2024\/06\/27\/puerto-rico-moves-forward-with-sports-betting-regulations\/","title":{"rendered":"Puerto Rico Moves Forward with Sports Betting Regulations"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\" src=\"https:\/\/www.youtube.com\/embed\/CRPNCRvsK4U\" frameborder=\"0\" allowfullscreen><br>\n<\/iframe><\/p>\n<p>The Commonwealth of Puerto Rico has initiated a process to establish legal sports wagering.  This action comes over a year after the legalization of sports betting.  The process involves a 30-day public review of proposed regulations.  These regulations were developed in collaboration with Gaming Laboratories International (GLI).<\/p>\n<p>The initial legislation was approved by the then-governor Ricardo Rossell\u00f3 Nevares.  However, he stepped down from office following the revelation of private communications.<\/p>\n<p>The proposed regulatory framework has undergone significant revisions.  The director of gaming at the Puerto Rico Tourism Company, Jaime Alex Irizarry, resigned in April.  Governor Wanda V\u00e1zquez Garced then appointed Jos\u00e9 Barasqueuid Cordova and Cristobal Mendez to establish a new gaming agency.<\/p>\n<p>Following these changes, GLI was contracted in May to provide guidance on the development of sports betting rules. <\/p>\n<p>The rules established by the GLI mandate a 7% levy on total gaming earnings for brick-and-mortar gambling and a 12% tax rate for internet gambling. Simultaneously, fantasy contest organizers will be subject to a 12% tax on the entry fees for their contests.<\/p>\n<p>Concerning the locations where gambling can be conducted, gambling and fantasy contests are permitted in casinos, non-casino hotels, motels, racetracks, horse betting facilities, shops, and any other location deemed suitable and secure by the Puerto Rico Gaming Commission. Online and mobile gambling seem to have no physical location restrictions.<\/p>\n<p>Besides offering gambling and fantasy contests on any professional or collegiate sports, players will be permitted to wager on esports, encompassing real-time strategy, fighting, first-person shooter, or video games.<\/p>\n<p>Read the complete article on iGB North America.<\/p>\n<p>Sign up for the iGaming newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Commonwealth of Puerto Rico has initiated a process to establish legal sports wagering. This action comes over a year after the legalization of sports betting. The process involves a 30-day public review of proposed regulations. These regulations were developed in collaboration with Gaming Laboratories International (GLI). The initial legislation was approved by the then-governor [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Puerto Rico Sports Betting: Regulations in Review<\/title>\n<meta name=\"description\" content=\"Puerto Rico takes a step closer to legal sports wagering with public review of regulations developed in collaboration with GLI.\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/50nodepositbonuscasinoextreme.icu\/2024\/06\/27\/puerto-rico-moves-forward-with-sports-betting-regulations\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"Puerto Rico Moves Forward with Sports Betting Regulations\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Puerto Rico takes a step closer to legal sports wagering with public review of regulations developed in collaboration with GLI.\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/50nodepositbonuscasinoextreme.icu\/2024\/06\/27\/puerto-rico-moves-forward-with-sports-betting-regulations\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Stay Informed with Our Comprehensive Casino News &amp; Licensed Games\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-27T05:12:23+00:00\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"author\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/50nodepositbonuscasinoextreme.icu\/2024\/06\/27\/puerto-rico-moves-forward-with-sports-betting-regulations\/\",\"url\":\"https:\/\/50nodepositbonuscasinoextreme.icu\/2024\/06\/27\/puerto-rico-moves-forward-with-sports-betting-regulations\/\",\"name\":\"Puerto Rico Sports Betting: Regulations in Review\",\"isPartOf\":{\"@id\":\"https:\/\/50nodepositbonuscasinoextreme.icu\/#website\"},\"datePublished\":\"2024-06-27T05:12:23+00:00\",\"dateModified\":\"2024-06-27T05:12:23+00:00\",\"author\":{\"@id\":\"https:\/\/50nodepositbonuscasinoextreme.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"Puerto Rico takes a step closer to legal sports wagering with public review of regulations developed in collaboration with GLI.\",\"breadcrumb\":{\"@id\":\"https:\/\/50nodepositbonuscasinoextreme.icu\/2024\/06\/27\/puerto-rico-moves-forward-with-sports-betting-regulations\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/50nodepositbonuscasinoextreme.icu\/2024\/06\/27\/puerto-rico-moves-forward-with-sports-betting-regulations\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/50nodepositbonuscasinoextreme.icu\/2024\/06\/27\/puerto-rico-moves-forward-with-sports-betting-regulations\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/50nodepositbonuscasinoextreme.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Puerto Rico Moves Forward with Sports Betting Regulations\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/50nodepositbonuscasinoextreme.icu\/#website\",\"url\":\"https:\/\/50nodepositbonuscasinoextreme.icu\/\",\"name\":\"Stay Informed with Our Comprehensive Casino News &amp; Licensed Games\",\"description\":\"Indulge in the best of online gambling through our fresh casino news, honest reviews, and expert articles. 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