sports betting<\/a> exists. DraftKings entered the territory earlier this year and, like BetMGM and others, hopes online betting will come soon.<\/p>\nRivera explained that the commission reviews the internal controls of operators interested in providing online betting. As the process evolves, the PRGC may approve other operators.<\/p>\n
The issuance of the licenses automatically comes with more funds for the government. To receive a license, each company had to pay a fee based on the functions they perform in the industry.<\/p>\n
A company that provides the space to place any gambling machines pays $50K, according to Rivera. The establishment may or may not be a gaming casino.<\/strong><\/p>\nIn addition, the company is responsible for adopting internal controls that cover aspects of security and the use of technology. It also has to manage the human resources functions that will interact with the public and assist in the placement of wagers.<\/p>\n
The carrier service provider must pay $5,000 for the license. This type of company provides the different services necessary for operating and functioning the gaming infrastructure and server programs. Lastly, the betting technology platform provider must pay $15K, which authorizes it to supply online or live betting platforms.<\/p>\n","protected":false},"excerpt":{"rendered":"
The government of Puerto Rico is looking to breathe new life into its economy, and updates to its sports betting market might help. New gaming legislation is on the way, but the addition of sports betting operators should strengthen the US territory\u2019s economic foundation. On Thursday, the Puerto Rico Gaming Commission (PRGC) authorized the entry […]<\/p>\n","protected":false},"author":64,"featured_media":240910,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[81884,1074],"tags":[81904,83444,80968],"acf":[],"yoast_head":"\n
Puerto Rico Sports Betting Adds New Players to the Roster - Casino.org<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n