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Mexico

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Mexico's gambling industry is diverse, including the very popular local lotteries and legal casinos, which offer a wide range of gambling activities. The government regulates the gambling industry through relevant laws to ensure that it promotes economic development within certain limits. The curren

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How Technology Has Become the Winning Hand for Operators in the Latin American World Cup Betting Wave

How Technology Has Become the Winning Hand for Operators in the Latin American World Cup Betting Wave

htmlWhen the World Cup returns to the Azteca Stadium in Mexico after forty years, the Latin American betting market has also reached an unprecedented turning point. The 2026 tournament will be the first World Cup after the legalization of gambling in Brazil, allowing Brazilian bettors to legally pl

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Playtech's American engine starts strong in 2026, exceeding expectations

Playtech's American engine starts strong in 2026, exceeding expectations

Playtech CEO Mor Weizer described the company's performance in the first four months before 2026 as an "excellent start" in a trading update released this week. The Americas segment has become the core engine of this growth momentum—with the return on investment in the US market accelerating, and th

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Codere Online CEO says returns from deep cultivation in core markets are often underestimated.

Codere Online CEO says returns from deep cultivation in core markets are often underestimated.

After jointly pushing Codere Online to a dual historical record in Q1 in the core markets of Mexico and Spain, CEO Avi Shalel used the word "undervalued" to summarize the core logic of its strategy. In an exclusive interview, he stated that the company does not need to chase new markets to generate

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Stake's Latin American expansion accelerates with localization and sponsorship driving growth

Stake's Latin American expansion accelerates with localization and sponsorship driving growth

The launch of Stake in the Mexican market is just the beginning, as this cryptocurrency gambling platform's ambitions in Latin America do not stop at a four-country layout. Diana Otalora, the General Manager for Latin America, recently revealed in an exclusive interview that the company is "actively

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Latin American Q1 Gambling Overview: Brazil Warms Up, Mexico and Peru Engines Roar

Latin American Q1 Gambling Overview: Brazil Warms Up, Mexico and Peru Engines Roar

Latin America continued to be one of the most dynamic growth regions in the global gaming industry in the first quarter of 2026. From Brazil's regulatory adaptation period to stable output, to Mexico and Peru continuing to act as performance engines for multiple operators, this gaming market spannin

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Codere Online Q1 Dual Engine Drive, Advancing in Both Spain and Mexico Markets

Codere Online Q1 Dual Engine Drive, Advancing in Both Spain and Mexico Markets

Madrid-based online gambling operator Codere Online delivered an impressive report card for the first quarter of 2026. The company's net gaming revenue reached a record 64.4 million euros (approximately 75.8 million US dollars), a year-on-year increase of 13%, and adjusted EBITDA also reached a hist

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The cryptocurrency gambling platform Stake leverages the World Cup window to expand into Mexico.

The cryptocurrency gambling platform Stake leverages the World Cup window to expand into Mexico.

The cryptocurrency gambling giant Stake has officially pressed the launch button to enter the Mexican market. Through the localized domain stake.mx, the platform has fully launched its sports betting and online casino services in Mexico under the licensing framework of the Ministry of the Interior,

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Mexican regulatory body refutes false allegations regarding casino licenses

Mexican regulatory body refutes false allegations regarding casino licenses

Mexico's gambling industry has recently been caught in a media storm due to an investigative report. The local newspaper "Reforma" published the report on its front page this Monday, citing the non-profit anti-corruption organization "Mexicans Against Corruption and Impunity," which claimed that abo

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Codere Online grows against the trend with a localized patience strategy.

Codere Online grows against the trend with a localized patience strategy.

While many operators are aggressively expanding in Latin America, Codere Online has chosen a slower path. This Madrid-based gambling operator recently reported record-breaking performance—net gambling revenue for the fiscal year 2025 increased by 6% to 224.1 million euros, with adjusted EBITDA fall

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Mexico's gambling regulatory framework accelerates reform under industry pressure

Mexico's gambling regulatory framework accelerates reform under industry pressure

Mexico's gambling industry is experiencing a prolonged wait. In a recent interview, Miguel Angel Ochoa Sanchez, the president of the industry association AIEJA, put it bluntly: the entire industry is in a state of limbo, with no clear understanding of what the final version of the so-called new law

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Mexican gambling tax surges by 50% or may spur illegal market growth

Mexican gambling tax surges by 50% or may spur illegal market growth

Despite facing a gambling total revenue tax burden of up to 50% since the beginning of this year, the head of the local industry association still holds a quite positive expectation for the market outlook, especially the upcoming World Cup event bonus.Starting from January 1, 2026, the Mexican go

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Codere Online Latin America Expansion Roadmap: Deepening Core Markets, "Cautious" Approach to New Markets

Codere Online Latin America Expansion Roadmap: Deepening Core Markets, "Cautious" Approach to New Markets

Codere Online set a record for net gaming revenue of 224.1 million euros in the fiscal year 2025 and is now looking towards further expansion. However, CFO Markus Arielson made it clear that they will only choose markets with the "right elements" — budget, local partners, suitable regulation, and th

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Codere Online's fiscal year 2025 sets a record, leading growth in the Mexican market.

Codere Online's fiscal year 2025 sets a record, leading growth in the Mexican market.

Codere Online announced its financial results for the fiscal year 2025, with a record Net Gaming Revenue (NGR) of 224.1 million euros, up 6% year-over-year. The Mexican market continued to be the main engine of growth, with annual NGR soaring 12% and the average monthly active players increasing 38%

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2026 Major Start: Banijay Sells Shares, Playnetic Changes Leadership, Kambi Expands into Mexico

2026 Major Start: Banijay Sells Shares, Playnetic Changes Leadership, Kambi Expands into Mexico

Welcome to the first weekend report of 2026, iGB has sorted out the industry news you may have missed over the past few days. At the beginning of the year, the global iGaming market has been very active: Banijay completed the clearance of shares in Bet-at-home, Playnetic welcomed a new CEO, and Kam

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Mexican money laundering investigation leads to the temporary suspension of 13 casinos

Mexican money laundering investigation leads to the temporary suspension of 13 casinos

Mexican authorities, after completing an extensive investigation into money laundering activities, have ordered the temporary closure of 13 casinos located in various states. This action involves cooperation with U.S. departments, accusing the casinos of illegal financing through identity theft and

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42 Gaming Group: Shaping New iGaming Brands in Regulated Markets through Innovation and Collaboration

42 Gaming Group: Shaping New iGaming Brands in Regulated Markets through Innovation and Collaboration

Since its establishment, 42 Gaming Group (42GG) has always adhered to a clear goal: to create iGaming products and brands with differentiated competitive advantages in regulated markets.The Meaning Behind the Name"42" originates from the sci-fi classic "The Hitchhiker's Guide to the Galaxy," represe

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