Mexico has announced plans to issue additional licenses for online gambling operators as part of its strategy to attract foreign investment and boost the economy. The expansion comes amid a surge in online gambling activity, driven by the pandemic and increased internet access.

    The government’s new licensing framework includes a 20% tax on gross gaming revenue, which will be directed toward public infrastructure projects and social programs. Operators must also adhere to strict guidelines regarding player protection and transparency.

    While the move has been welcomed by the gaming industry, concerns have been raised about the potential for corruption in the licensing process. Authorities have pledged to ensure a fair and transparent system.