Restricted Casinos in Puerto Rico
Online gambling is absolutely legal in Puerto Rico. With an approximate calculation, there are about 250 online casinos. The currency is the US dollar. Most online casino sites are registered in offshore zones and are not actually based in Puerto Rico.
It explains the foreign origin of online gaming resources simply. Although in Puerto Rico it is not forbidden to play in virtual casinos, it is forbidden to create such in the state by law. Online bookmakers are under the official ban. Virtual sports betting deals with all kinds of sports games, including horse racing. But if the virtual bookmaker has a foreign registration, it is not forbidden to bet on sports favorites. Show more
It is also forbidden to carry out direct banking operations for obtaining winnings from online games, betting. The way out of the situation is online payment systems. Through them there is a turnover of electronic currencies with their subsequent legal cashing.
Department of Economic Development and Trade of Puerto Rico.
(DEDC) and the Roosevelt Road Reshaping Agency (RRLRA) have issued a request to find developers who want to work on creating an entertainment facility with a casino, according to Carribean Business.
The complex will be located on the territory of the former US naval base (1943-2004) in the municipality of Ceiba. The area of about 3 thousand acres has a developed infrastructure and is located on the first line of the Caribbean coast.
The project includes 9 zones with hotels, a pedestrian embankment, attractions, entertainment centers with casinos, etc. A twenty-year plan for the development of the facility will require $ 2.5 billion of investments and will create about 25 thousand jobs.
RRLRA Executive Director Malu Blázquez Arsuaga said that the city will provide investors with every opportunity to create and conduct business on site, including tax incentives. Show less
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