Controversy in Mexico: New Anti Money Laundering Law Puts Gambling Participation Under Scrutiny
Monday 30 de June 2025 / 12:00
2 minutos de lectura
(Mexico City) – The Mexican Senate approved the new Anti-Money Laundering Law, generating controversy by including gambling as a possible means for operations with illicit funds.
This week, the Senate approved the controversial Anti-Money Laundering Law , a reform that seeks to toughen anti-money laundering measures but has drawn strong criticism from the business, entertainment, and luxury industries.
The new regulations expand the list of activities vulnerable to potential transactions involving illicit proceeds, including the purchase of high-value goods such as jewelry, watches, works of art, and luxury vehicles, as well as casino betting, gambling, and vehicle and property armoring services .
The main objective of the legislation is to close legal loopholes used by criminal networks to launder money in traditionally less regulated sectors. However, business leaders and legal experts warn that the new provisions could stifle investment and generate uncertainty in legitimate markets.
"We agree with combating organized crime, but this law could criminalize perfectly legal economic activities," said a representative of the National Chamber of the Gaming Industry.
In addition, there are calls for greater transparency in transactions, with new requirements for reporting cash transactions and stricter oversight by the Financial Intelligence Unit (FIU) .
Despite criticism, the government defends the reform as a necessary step to meet international standards on the prevention of money laundering and terrorist financing.
The law now goes to the Executive Branch for promulgation and publication in the Official Gazette of the Federation, which will mark the start of its implementation in the coming months.
Categoría:Legislation
Tags: Sin tags
País: Mexico
Región: Central America and Caribbean
Event
SiGMA Central Europe Awards 2025: BetConstruct Wins Innovative Sportsbook Solution of the Year
(Malta).- BetConstruct has been recognised at the SiGMA Central Europe Awards 2025, receiving the Innovative Sportsbook Solution of the Year award. This achievement highlights the company’s continued focus on elevating retail betting experiences and supporting operators with solutions that create measurable business value.
Wednesday 05 Nov 2025 / 12:00
Roberta Metsola Opens SiGMA Central Europe with a Call for Innovation and Unity: “Europe Is Your Home”
(Rome).- In a powerful keynote that blended optimism with urgency, President of the European Parliament Roberta Metsola officially inaugurated SiGMA’s first-ever Central Europe summit in Rome. Addressing a packed audience of tech and gaming leaders, Metsola emphasized Europe’s role as a global hub for innovation, calling it “a place of the future” and urging the continent to embrace smarter regulation, faster growth, and bold investment in digital industries. Her message: Europe must lead—not follow—in shaping the next era of technology.
Wednesday 05 Nov 2025 / 12:00
Digitain Group Founder Vardges Vardanyan Wins Outstanding Contribution to Gaming Award at SiGMA Central Europe 2025
(Yerevan).- Digitain Group celebrates the recognition of its Founder, Vardges Vardanyan, whose 26 years of visionary leadership and innovation have shaped the future of the global iGaming industry.
Wednesday 05 Nov 2025 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.