Mexico has welcomed Internet gambling, thanks to the addition of a clause in its federal gaming law.
The Federal Law of Games and Draws has granted 300 licenses to bingo halls, but a new paragraph in the law expressly permits online gambling companies to operate in Mexico, and with very little interference from the government.
Mexico's Department of Interior has written rules for the operation of online gambling sites, but has omitted many of the regulatory controls needed to ensure safety and responsibility in online gambling in the country, according to Mexican newspaper La Jornada.
Essentially, the paper says, it only establishes guidelines for the types of businesses that can operate in the country.
Online gambling company Backgammon Masters has opened up operations in Mexico, and said it is committed to transparent gaming. For example, it uses data encryption to avoid credit card frauds.
The company said it plans to expand its business into the rest of Latin America.
"People like playing like Las Vegas.," Backgammon Masters.com.mx Director of Operations Abraham Atri Mizarahi told La Jornada. "We are considering that there is a growing interest on bets."