Tag Archives: Puerto Rico

Jaime Rivera Emmanuelli, the Executive Director of the Puerto Rico Gaming Commission, has confirmed the nine organisations that have been granted licences to operate sports betting facilities in the self-governed US overseas territory.  Hosting a press conference, Emmanuelli unveiled Puerto Rico’s new regulatory framework for sports betting, co-developed in partnership with the island’s Sports Betting Bureau. Sports betting in Puerto …

The Commonwealth of Puerto Rico has named the seven businesses that have been licensed to operate online sportsbook services within the US overseas territory.  A long-awaited update to Puerto Rico’s sports and gambling legislature saw Jaime Rivera-Emmanuelli, who serves as interim director of the Puerto Rico Gaming Commission (PRGC) disclose the identities of the seven firms.  The PRGC has authorised …

Kambi Group continues to expand its Latin American profile, securing a new sports betting supplier agreement with the Liberman Media Group (LMG) of Puerto Rico. The partnership will see Kambi serve as the lead sportsbook solutions supplier for ApuestaPR, an online sportsbook brand that will be leveraged to Puerto Rican audiences via the Teleonce television network. ApuestaPR aims to become …

MGM Resorts and Entain Plc have issued a joint statement on their US venture BetMGM, that targets a net revenue result of $1.3 billion for 2022 trading.  Of significance, the venture will aim to be EBITDA results positive in 2023, marking a significant milestone for the business that was launched in the summer 2018.  The two group’s aim to maintain …

Developments of Puerto Rico’s gambling regulatory overhaul appear to be gathering pace, as Tourism Board executive Jaime Alex Irizarry confirms to local media that he has departed the agency. Irizarry had served as Gambling Director under the jurisdiction of Puerto Rico’s Tourism Board, co-sharing governance responsibility with Puerto Rico’s Equestrian Sports Society. This March, Puerto Rico Governor Wanda Vázquez Garced regained …

Wanda Vázquez Garced, Governor of Puerto Rico, is seeking an overhaul of the Caribbean island’s gambling laws to revive its economy and tourism following the severe damage of back-to-back hurricanes Irma and Maria in 2017. Last week, Vázquez personally recommended the appointments of advisors Professor José Balasquide-Córdova and Cristóbal Méndez to lead the development of Puerto Rico’s ‘Games Commission’. Writing to …