DR1 Daily News - Dominican Republic

The President submitted a new bill to Congress for a new regulatory authority that would oversee all gambling and betting activities. Major gaming companies are said to be owned by past and present legislators and politicians in the country. The betting ventures have multiplied and are more common than grocery stores in the smallest of towns and in every urban center neighborhood.

The proposal, sent to the National Congress this week, places heavy emphasis on tax collection. It creates a new General Gaming Agency under the Ministry of Hacienda, which will look at registration, control, oversight and licensing.

In a new attempt to regulate the gaming industry, this will cover everything from sports betting and casinos to online betting, slot machines, raffles and electronic lotteries.

Diario Libre reports that it was only last year that the country issued...