BetMGM Inaugurates New Sportsbook at Puerto Rico’s La Concha Resort
This yesteryear February, effectual sports betting arrived inwards Puerto Rico at the Casino del Mar at La Concha Resort. It was a joint elbow grease with sports betting and iGaming companion BetMGM, which has now added a full retail sportsbook to the property.
When it started, BetMGM accepted bets at the San Juan-based resort hotel through 12 kiosks and cinque betting windows. They opened just inward clip for the Super Bowl, with BetMGM also preparation on adding a mobile betting app inward Puerto Rico to accompaniment the rollout.
On Thursday, the BetMGM Sports Book Lounge at Casino del Mar opened to the public. It was the culmination of the almost year-long contrive to help germinate Puerto Rico’s sports betting securities industry and is the 1st of many that testament get in the US territory.
Legal Sports Betting a Boost to PR’s Economy
Electronic sports betting is a young segment of the amusement industry inwards Puerto Rico, with the potency to live an of import germ of work and to make a figure of commercial spaces for entertainment.
Following an economic downturn that’s lasted for several years, Puerto Rico has been sounding for ways to move around things around. Sports betting and online gaming are simply deuce of the options that are getting support from lawmakers.
The young BetMGM sportsbook is a $3.5-million investment funds that’s created 15 new full-time jobs to supply to the casino’s existing 200-strong workforce. BetMGM and a coowner of the casino, Fahad Ghaffar, promise it will follow an “innovative entertainment experience” for all patrons.
The sportsbook has 12 kiosks where customers tin can come in their bets independently, as intimately as quartet stations where they canful find assistance from trained personnel if they demand some help. It also has multiple viewing screens to take in all the action.
The BetMGM Sports Book Lounge operates Mon to Th from 11:00 a.m. to 12:00 a.m. On Friday to Sunday, it opens at 9:00 a.m. and closes at 12:00 a.m.
In add-on to the sportsbook, Casino del Mar also has kiosks useable indoors the gambling casino that are available 24 hours a day. The sportsbook options are available only to members of Casino del Mar.
PR Casinos on the Rebound
Casinos inwards Puerto Rico are first to rebound rear after COVID-19 shut them down. The combined revenue for financial twelvemonth 2022 was to a greater extent than $355 million, 38.69% higher than the $256 million a twelvemonth earlier.
That’s a significant jump, considering how the overall economy has improved. It grew just now 14.4% from 2021 to 2022, and the results of the gambling industry are wherefore there’s a legislative thrust for expansion.
Any enlargement implies the need for more controls, and that might follow a problem. The recent example of a adult male who was caught manipulating a roulette machine inwards a casino has raised alarms well-nigh a want of regulatory oversight.
Edgardo Lizardi, the chairperson of the Association of Gambling Inspectors (AIJA, for its Spanish people acronym), sees put out ahead. Speaking to local media outlet Metro, he warned that similar breaches could occur because of the lack of inspectors with the Puerto Rico Gaming Commission (PRGC) inward casinos.
Lizardi told the media outlet that the regulator needs to engage to a greater extent inspectors. He singled out Alexis Berrios, a PRGC executive, for explicitly causation damage. Lizardi said that Berrios told inspectors to scale down the time they drop on the clock, still if it means foregoing right inspections.
The PGRC hasn’t responded to the complaint.
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