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
Peru Gaming Show 2025
18 de June 2025
"PGS 2025 is a must for players in the igaming world", Diego Verano, EEZE
(Lima, SoloAzar Exclusive).- During his first participation in the 2025 edition of the Peru Gaming Show, Diego Verano, Director of Business Development LatAm at EEZE, talked to SoloAzar about his experience at the event, his interest in the LatAm market and his vision on the evolution of the sector in the region.
Thursday 03 Jul 2025 / 12:00
Eduardo Aching from Konami Gaming, Inc: "Events like PGS provide a great opportunity to build strong bonds in the industry"
(Lima, SoloAzar Exclusive).- In an extense interview, Eduardo Aching, Vice President of International Gaming Operations at Konami Gaming, Inc., shares insights into the company’s strategic presence at Peru Gaming Show 2025, highlighting their latest gaming technologies and regional market vision.
Thursday 03 Jul 2025 / 12:00
PGS 2025 exceeds all expectations with record attendance and strong support from public and exhibitors
(Lima, SoloAzar Exclusive).- The latest edition of Peru Gaming Show established itself as a key event in the Latin American gaming industry, with more than 5,000 daily attendees from 40 countries and a vibrant exhibition hall. Strategic conferences and high-level networking rounded out this historic edition. SoloAzar shares all the details in this interview with Joe López, CEO of AMG, the event organizer.
Wednesday 02 Jul 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.