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Greco will improve risk management in Lottoland games.

Focus Gaming
Focus Gaming
·Mars

The initiative presented to Congress seeks to establish a 10 percent tax on expenditures and 6 percent on the prizes obtained, and gains support from the entire political spectrum.

Mexico.- Deputies from the National Action Party (PAN) of the State of Guanajuato presented to the local Congress a proposal to add a new tax on gambling. The initiative presented to the full Congress, seeks to establish a 10 percent tax on the expenditures made by "individuals or legal entities" to participate in games and lotteries with bets; and 6 percent on the prizes obtained.

According to deputies Jorge Espadas and Víctor Zanella, the intention of incorporating this tax is to avoid dependence on gambling and betting. It is a tax that seeks to tax the earnings that people have in casinos, for example, as a mechanism to try to inhibit problematic gambling a bit," explained Deputy Jorge Espadas Galván.

For his part, Deputy Víctor Zanella Huerta said that the essence of the initiative is a health issue to prevent gambling disorder, which starts as an entertainment issue but turns into a vicious circle that brings economic losses, isolation, and anxiety.

The initiative to the Finance Law seeks to generate greater income for the State, which can be allocated to social programs, prevention and treatment of gambling addiction, as well as to strengthen the institutions responsible for combating organized crime.

After the presentation of this proposal, parliamentarians from other political parties showed their support for the project, which augurs an easier and faster treatment, in case it progresses to its voting in Congress. Local deputies, Sergio Contreras Guerrero, from the Green Party, and Alejandro Arias Ávila, from the PRI, both coordinators of their faction in the local Congress, showed their support for the proposal, albeit with reservations.

Sergio Contreras said that it is necessary to analyze the result of the opinions that arise in its study methodology and work tables and said he does not see it as a bad measure. "We have to review thoroughly. I am not part of the Finance Commission but we will be informed of the work that is carried out inside the congress so that the day it reaches the plenary we have a position on whether it is an initiative that we will have to support or have a reservation to generate a modification or outright not support," he advanced.

"If we want there to be games and bets in Mexico under what scenarios we want them to occur to be clear that there must be a health policy to follow the pattern of those who already have gambling addiction because not everyone who goes to a gambling place has the disease," he added.

See also: Smoke-free space: demand for compliance with Mexican regulations in casinos in Nuevo León

This association marks another milestone for the company as it expands its presence in the igaming industry.

Press release.- Greco, the leading provider of Gameplay Risk Engine, is pleased to announce a partnership with Lottoland, from the online lottery sector. This collaboration will allow Lottoland to integrate Greco's innovative Gameplay Risk Engine to enhance player management, minimize risks, and optimize operational efficiency on its platforms.

Mike Kirwian, VP of Marketing and Commercial, noted: "At Lottoland, innovation is at the heart of everything we do. The partnership with Greco aligns perfectly with our mission to offer first-class experiences to our customers. Greco's unique Gameplay Risk Engine will assess player behaviors, ensuring a safe and smooth experience for our growing community of 20 million customers."

Operating in 15 markets, Lottoland is known for its market participation in lotteries and recently announced a record number of 20 million customers worldwide. Through this new partnership, the operator maintains its commitment to offering exceptional experiences to players in the online lottery sector as a market leader.

Ozric Vondervelden, co-founder and CEO of Greco, highlighted: "We are excited to welcome Lottoland as a partner. Their commitment to innovation and player-centered operations is fully aligned with our values. With our Gameplay Risk Engine, Lottoland is well-equipped to enhance efficiency and strengthen its position as a global leader in the online lottery sector."

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