IMGL Magazine December 2024

PUERTO RICO

and protecting the people of Puerto Rico from the hazards of illegal gambling. Conclusion Puerto Rico’s emerging slot route market represents a significant opportunity for both government and the private sector. This potential will be reached once the process detailed by Act No. 11 and the transitional period which accompanies it is completed. As the market transitions into full compliance, it is projected to contribute substantial revenue that will support public welfare initiatives, such as funding the Police Retirement Fund and the municipalities. The integration of an interconnection system for

machine monitoring will ensure a robust system and enhance accountability and transparency, facilitating better oversight and revenue collection. With a projected revenue potential of hundreds of millions of dollars, the market holds promise for both economic and social benefits. Moreover, the legal and regulatory advancements brought by Act. No. 11 will aid in reducing illegal gambling, ensuring that the industry operates with integrity. As the regulations continue to be fully implemented, Puerto Rico is positioned to control the full potential of its route machine market, benefiting local communities, by protecting it from illegal gambling, and providing necessary funds to worthy causes.

JAIME F. RIVERA EMMANUELLI Member, Saiber For more information contact jrivera@saiber.com +1 973.645.4806

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