Puerto Rico approves revised retail and betting bill

Retail operators to pay 7% tax while the rate for online operators will be 12% GGR

Puerto Rico’s Legislative Assembly has approved a revised bill to legalize retail and online sports betting in the US territory. The government expects the move to boost tourism on the island, giving all licensed casinos, race courses and cock-fighting arenas the opportunity to offer betting. Licensed horse agencies will also have the opportunity to apply…

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