Mexican Pesos Casinos (MXN)
Mexico, like many other Latin American countries, has tough gambling control legislation. Despite this, gambling was and remains not only a favorite Mexican entertainment, but also an integral part of national culture. The gambling business in Mexico began to develop in the XIX century, and for this there was a very fertile soil.
The first gambling in the country appeared from the time of the Aztecs’ civilization. That’s not a surprise, that a lot of Mexican casinos, especially the online ones, provide the ability to deposit money in Mexican pesos. Show more
Now all Mexican casinos obey the regulations passed under the pressure from the Catholic Church. In this connection, certain restrictions related to the organization of work of gambling houses remain relevant. But mostly it applies to ground-based casinos, online operators can be easily bypass the legislation.
I you live in Mexico or just have several Mexican pesos that you would like to spend in some casino, you must know, that in near future the whole gambling industry may be legal in the country. The huge segment of the gambling business remains underground nowadays. This situation leads to the fact that the proceeds from illegal gambling objects are not taxed. Mitigating requirements for gambling establishments, the state would receive additional income. The prospect of final legalization of gambling is obvious to the authorities and for another reason. Working in a casino in Mexico would help to significantly reduce unemployment. Virtually every major gambling establishment, both ground-based and online ones, has a staff of hundreds of employees.
Another important factor is increasing the tourist attractiveness of the resort regions. Every casino traveler planning a trip with a visit to Mexican attractions is bound to wonder whether there are casinos in Mexico and which games there can he play. In this regard, Mexican laws are regularly supplemented by regulatory acts that expose ever more and more formats of gambling activities out of prohibition.
In particular, legal status has recently received virtually all card games, thanks to which enthusiasts can play in poker, blackjack and baccarat Mexican casinos online with Mexican Pesos. To the great joy of all fans of online video slots a bill was approved, thanks to which gambling machines can be played in gambling houses as well.
The national currency of Mexico, as it was mentioned before, is the Mexican peso, which is 100 centavo (cents). In 1993, a denomination of notes was held. Thus, 1000 old pesos were equated with 1 new peso. Old and new banknotes vary in size and appearance.
In addition to pesos, in Mexico almost everywhere you can use the US dollar, and it also applies to both ground-based and online Mexican casinos. For example, if you don’t have Mexican pesos to play in online casino, you almost always can deposit money in US dollars. But that’s the only exception, because even though US dollar is not an official currency in Mexico, it’s widely spread because of how close is Mexican economy with USA. When referring to prices in new pesos, the combination is NP $. The “$” is denoted by both the peso and the US dollar; but US dollars have an abbreviation of US $ or USD. The international designation of the Mexican peso is MXP.
In the cash circulation there are notes worth 10, 20, 50, 100, 200 and 500 pesos, as well as coins in denominations of five, ten, twenty and fifty centavo.
Since November 21, 2006 a new series of banknotes of 50 pesos denominations is made on the basis of polymer, which reduces the wear of banknotes and accordingly increases their duration of circulation.
On August 20, 2007, 20 pesos note was launched. Just like on a 2001 money, there is Benito Juarez on the side of the note. However, the banner changed its color: the pink light blue replaced the light blue with the combination of dark yellow (golden).
Nowadays the Mexican Peso is truly among the top 20 most currencies commonly traded in world, and in the top-15 currencies most popular in online casinos throughout the world.
In which casinos can you play with Mexican Pesos?
Basically, all casinos in which the depositing of an account in Mexican pesos is allowed, are in one way or another located in Mexico. The casino itself, for example, may be registered in Curaçao or in Malta, but the main audience may be in Mexico. Therefore, it’s best to know in advance if there is an opportunity to deposit an account in Mexican pesos in online casino, so you better write a message to online support. But mostly online support in these casinos is often in Spanish, so either you can use an online translator or ask a question in English hoping they will answer.
In addition to the Mexican casinos there is a large number of online establishments in the United States that accept this currency for both depositing and for withdrawal of money. The reason is simple – a lot of Mexicans work in the United States, and American dollars and Mexican pesos are both constantly used by this people. By the way, not long ago, before some of the gambling were allowed in Mexico, most players in that country deposited their accounts in American casino casinos and enjoyed their favorite slots there.
What are the methods of depositing in casinos with Mexican Pesos?
Most of the players in the online casinos using Mexican pesos are depositing with their credit cards like Visa and a Mastercard. In the second place – online wallets, like PayPal, Oxxo, Banorte and others. Paypal’s global payment system has a significant share in the Mexican market. The country offers a full range of PayPal services, which greatly simplifies electronic payments.
PayPal was launched in the region back in 2008, so that during this time the people of the country have already had a good opportunity to get acquainted with its capabilities, so almost every Mexican casino nowadays got PayPal in its payment options. Show less
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