Ecuadorian casino owners ask for extension of closure deadline
The Executive Decree 873, of September 9th, established a deadline for the closure of such activities in accordance to the popular referendum held last May 7. This Monday, the Casino Association released a statement in which it asked President Correa to extend the deadline in order to reach the two years of operation.
The President talked about this possibility in the Radio and TV Program Enlace Ciudadano 236 of September 3. “Legal casinos, which have set an investment according to legal regulations… we are going to talk with them so they can recoup their investment in a deadline of, could be, six months, a year, two years,” the President had affirmed.
Casinos established a budget of us$ 8 to 10 million. “Severance pay charts have been presented to the Ministry of Labour Relations, to the Superintendence of Companies”, commented a representative of the trade union. According to Gama TV, the corresponding authorities have not presented an answer so far.
AGEM Index rises 51.64 points in April despite annual decline
Putin approves creation of Russia's sixth gambling zone in the Altai region
Wilton Rancheria breaks ground on Sky River hotel resort development
PrizePicks expands motorsports presence through Arrow McLaren IndyCar agreement
FanDuel CEO Amy Howe exits as Flutter faces industry shift and lowered forecast
Flutter boosts prediction market spending despite Q1 profit slump, cuts 2026 outlook
Zitro Digital appoints Thiago Valadão as Commercial Director for Brazil
Riddec Games enters Nirmata Play distribution network through Stargate partnership
Sportsbook integration: Deploying betting widgets at scale
Flows secures Pennsylvania Gaming Control Board authorisation
Aristocrat Gaming showcases new Asia-focused portfolio at G2E Asia
