Tag: Puerto Rico legalizes sports betting
Puerto Rico Legalizes Sports Betting
July 30, 2019
Governor Ricardo Rosselló signed on July 29 the Betting Committee Act , which means Puerto Rico legalizes sports betting, according to the official press release. The industry is estimated to reach more than $3 billion by 2023. “By signing this law, we are getting ready to witness the potential it provides to transform Puerto Rico into a vanguard jurisdiction while benefiting the local economy. With this legislation, the island will be able to market itself nationally and internationally as an attractive destination for sports betting events,” the governor said via press release. In addition to sports betting, the law authorizes…