“15 percent of the slots are illegal in Mexico”
Carlos Carrion, President of the Local Committee of the Association of Manufacturers and Providers of Electronic Games of Chance Equipments (AGEM) estimates that 15% of the 90,000 machines operate under irregular conditions.
Unlike a new machine, second-hand equipment may be quoted up to a 50% less in favor of the potential buyer if they are a casino operator. This base price of a new slot is around US$ 16,000. "This is unfair competition that may lead to piracy. It may very well bring about piracy, , and in the best-case scenario, would (only), have machined that are not installed with the appropriate software for Mexico,” warned Carrion.
According to data provided by AGEM in Mexico, electronic machines generate around 1.6 billion dollars per year and manufacturers obtain around 20% of that revenue, which means they pocket about 328 million dollars per year.
With anything from a system error to errors concerning the player's credits and awards/prizes, these are problems that can be caused by electronic machines whose their quality standards are not certified, warned Carrión.
In the meantime, businesses await the Senate to ratify a new Federal Law, which which would approve regulation by the by the National Games and Draws Institute for equipment and the monitoring on the importation of such equipment.
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