Wednesday, February 8th, 2012

Costa Rica is Looking to Regulate its Online Casino Industry

Published on November 23, 2006 by admin   ·   No Comments

In a recently published research made in the UK, Costa Rica came second only to Antigua in the number of online casino sites operating in its territory. Eduardo Agami, president of the Costa Rican Electronic Gambling Association is calling now for more government involvement in the online gambling industry, as he sees a need to establish standards and limits to this industry. Agami’s statement came this Friday, after the closure of one of Costa Rica’s biggest online casino because of legal problems with the United States.

Agami added that his association will lobby the Costa Rican government for support to the online casino industry in the country. “There are more than 200 online casinos here, employing a total of 10,000 people, but because the industry is not regulated we are having problems with the Americans. The fate of the Costa Rican online casino industry is totally in the hands of our government” said Agami.

“Our association is already working hard on this issue. We’re currently analyzing the situation in order to work a plan to calm down the whole online casino industry and the government, of course”. It seems that the Costa Rican government is willing to cooperate, as Laura Chinchilla, Costa Rican Justice Minister, commented recently that the online casino industry needs “serious regulation. And Agami agrees: “I’m sure that the online gambling industry will prove to be very productive for Costa Rica, but we first need to establish the limits and common standards. Otherwise it simply won’t work.”

  Site Bonus
1 Casino.com $3200 Play Now
2 EuroGrand €/£/$1000 Play Now
3 William Hill €/£/$300 Play Now
4 21nova €/$320 Play Now
5 EU Casino €1000 Play Now
6 Winner $1000 Play Now
7 Europa €/£/$2400 Play Now
8 Del Rio €/£/$600 Play Now
9 888 €900 Play Now
10 Prestige €/$1500 Play Now

MORE LAW NEWS

Revising outdated laws and regulating online casinos are part Ireland’s motivation to publish new gambling laws next year

Next Year Ireland Will Present New Online Gambling Laws

Ireland’s Minister for Justice Alan Shatter has said one reason for the move to regulate online casinos is ...
The German state of Schleswig-Holstein legalizes online gaming, despite resistance from the National government to protect its state monopoly.

Regional state in Germany legalizes online gaming

Schleswig-Holstein became the first of Germany’s regional states to introduce legislation that will see online gaming become a ...
The State of New York is looking at allowing casino table games, such as blackjack and poker, in states’ casinos

New York State contemplating expanding casino offerings

Lawmakers in Albany, the capital of New York, are deliberating whether to allow table games in places ...
The European Gaming and Betting Association has submitted its official response to the publication of the EC’s Green Paper.

EGBA Publishes New Document in Response to Green Paper

The European Gaming and Betting Association (EGBA) has submitted a new report concerning online regulation in the European ...