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The House of Representatives and the Senate of Puerto Rico has approved the sports betting bill and send it to Governor Ricardo Rosselló’s desk.
HR 2038 bill allows for land-based and online sports betting, but will not permit bets on amateur sport on the island.
The new Gaming Commission will be headed by a commissioner appointed by Gov. Rosselló for a term of 10 years and a board of seven members, including two from the private sector.
No specific cost for licenses has been set. The law establishes a tax of 7% on income on bets made via land-based facilities and 12% online.
The bill also states that no point of sale may be located less than 100 meters from a school, religious centre or public or private rehabilitation facility for addicts.
Source: Latest News on European Gaming Media Network
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