Who We Are
Betcris is the leading sports gambling operator in Latin America. The platform is built on the premise that all gambling should be fair and equitable – and fun – and this enables us to offer a successful business model that recognizes winners.
Betcris also believes in being aboveboard and compliant with gambling and consumer protection laws in every country where we operate. This is another example of our commitment to the gambling community.
Betcris is a subsidiary of TV Global Enterprises, Inc., which is licensed and regulated by the Malta Gaming Authority (MGA/B2C/300/2008).
Mexico
The SEGOB (Secretaria de Gobernación) is the authority that regulates gaming in Mexico.
Remote gambling services are considered to be legal and regulated under the scope of regulations implemented in 2004.
In late October 2012, the Mexican Senate approved the Law for the Prevention and Identification of Operations with Resources of Illegal Origin. Money-laundering operations are under the control and supervision of the General Attorney Office, which, in March 2012, created the Specialized Financial Analysis Unit.
In regards to customer due diligence, gambling operators are required to identify gambling transactions equal to 325 times the minimum wage in the Federal District (Mexico City). As for when to report suspicious transactions, operators are required to report gambling transactions equal to or above 645 times the minimum wage in the Federal District (Mexico City). Payments for gambling transactions in cash cannot exceed 3,200 times the minimum wage in the Federal District. As these figures are based on minimum wages, they are expected to increase every year.
Mexico is part of the Financial Action Task Force against Money Laundering in Latin America (GAFILAT).
Betcris is operated in Mexico by the licensee in the field of games and raffles, “Producciones Móviles SA de CV,” holder of the government permit DGAJS / SCEVF / P-06/2005-TER, together with its operator “Paradise Rivera Gaming SA de CV,” in accordance with the official DGJS / 405/2018.
Games that offer gambling are strictly prohibited for minors. The main purpose is entertainment, fun and entertainment.
Mexico
The SEGOB (Secretaria de Gobernación) is the authority that regulates gaming in Mexico.
Remote gambling services are considered to be legal and regulated under the scope of regulations implemented in 2004.
In late October 2012, the Mexican Senate approved the Law for the Prevention and Identification of Operations with Resources of Illegal Origin. Money-laundering operations are under the control and supervision of the General Attorney Office, which, in March 2012, created the Specialized Financial Analysis Unit. In regards to customer due diligence, gambling operators are required to identify gambling transactions equal to 325 times the minimum wage in the Federal District (Mexico City). As for when to report suspicious transactions, operators are required to report gambling transactions equal to or above 645 times the minimum wage in the Federal District (Mexico City). Payments for gambling transactions in cash cannot exceed 3,200 times the minimum wage in the Federal District. As these figures are based on minimum wages, they are expected to increase every year.
Mexico is part of the Financial Action Task Force against Money Laundering in Latin America (GAFILAT).
Betcris is operated in Mexico by the licensee in the field of games and raffles, “Producciones Móviles SA de CV,” holder of the government permit DGAJS / SCEVF / P-06/2005-TER, together with its operator “Paradise Rivera Gaming SA de CV,” in accordance with the official DGJS / 405/2018.
Games that offer gambling are strictly prohibited for minors. The main purpose is entertainment, fun and entertainment.
Dominican Republic
The Loteria Nacional is the authority that regulates lotteries in the Dominican Republic. The primary legislation that details the regulations for gambling in the Dominican Republic is known as Law 351 which was enacted in 1964. This law states that casino gaming is a source for attracting tourists to the nation. In addition, amendments were added to Law 352 in 1965, 1998 and 2006. In previous years, the gambling authorities of the Dominican Republic were only allowed and authorized to provide licenses for online sports betting operators.
Licensees are required to maintain a complete audit trail for each player who makes a deposit with any operator, including financial transactions and individual bets. Gaming systems are also required to be available for third-party audits.
The Casino Commission at its meeting held on May 14, 2015 (Minutes No.30-2015), by means of its Sixteenth Resolution No. DM / 3526, dated fifteen (15) May 2015, granted the granting of a license to operate Gambling and Betting on the Internet, in favor of the Betcris Trading Company Banca de Apuesta SRL. Likewise, through resolution No. 154-2015 dated July 31, 2015, we were granted the license to operate Gambling and Betting online.
Mexico is part of the Financial Action Task Force against Money Laundering in Latin America (GAFILAT).
Betcris is operated in Mexico by the licensee in the field of games and raffles, “Producciones Móviles SA de CV,” holder of the government permit DGAJS / SCEVF / P-06/2005-TER, together with its operator “Paradise Rivera Gaming SA de CV,” in accordance with the official DGJS / 405/2018.
Games that offer gambling are strictly prohibited for minors. The main purpose is entertainment, fun and entertainment.
Perú
Most forms of land-based gambling, (including brick and mortar casinos in Peru) are legal. However, no specific regulatory framework exists for online gambling in Peru. While physical locations are regulated, neither playing online, nor running an online gambling website (such as a poker site or an online casino) is currently restricted by the authorities in Peru.
Recently, a draft regulation was proposed by Peruvian legislators that would regulate and clear up the legal situation of online gambling providers in the country. The new law would require operators to have a physical branch in Peru and pay taxes – reportedly between 15-20%.
Gaming Authority: Ministerio de Comercio Exterior y Turismo (Mincetur)
Gaming Law: In progress. Law Project 3397-2018-CR
As far as online gambling is concerned, there are no rules that explicitly prohibit or allow the exercise of this activity.
License or permit:
Municipal permits for brick-and-mortar casinos
Northman S.A.C.: (BETCRIS COMPANY)
Certificate Number 13117-18 from Municipality of Chorrillos
License number 378-2015 from Municipality of Bellavista
Resolution number O00001004-17-SISLIC-DAMF from Metropolitan Municipality of Lima
Resolution number 1717-2014-LIC-SGACA-MDI from Municipality of Independencia
Resolution number 1654-2018-SGCAITSE-GDE-MSS from Municipality of Santiago de Surco
Certificate Number 002789 from District Municipality of Jesus Maria
Resolution number 1509-2018-SGCYPE/GDEL/MVMT from Municipality of Villa Maria del Triunfo
Westman S.A.C.: (BETCRIS COMPANY)
Resolution number 4752-2010 from Municipality of Miraflores
Perú
Most forms of land-based gambling, (including brick and mortar casinos in Peru) are legal. However, no specific regulatory framework exists for online gambling in Peru. While physical locations are regulated, neither playing online, nor running an online gambling website (such as a poker site or an online casino) is currently restricted by the authorities in Peru.
Recently, a draft regulation was proposed by Peruvian legislators that would regulate and clear up the legal situation of online gambling providers in the country. The new law would require operators to have a physical branch in Peru and pay taxes – reportedly between 15-20%.
Gaming Authority: Ministerio de Comercio Exterior y Turismo (Mincetur)
Gaming Law: In progress. Law Project 3397-2018-CR
As far as online gambling is concerned, there are no rules that explicitly prohibit or allow the exercise of this activity.
License or permit:
Municipal permits for brick-and-mortar casinos
Northman S.A.C.: (BETCRIS COMPANY)
Certificate Number 13117-18 from Municipality of Chorrillos
License number 378-2015 from Municipality of Bellavista
Resolution number O00001004-17-SISLIC-DAMF from Metropolitan Municipality of Lima
Resolution number 1717-2014-LIC-SGACA-MDI from Municipality of Independencia
Resolution number 1654-2018-SGCAITSE-GDE-MSS from Municipality of Santiago de Surco
Certificate Number 002789 from District Municipality of Jesus Maria
Resolution number 1509-2018-SGCYPE/GDEL/MVMT from Municipality of Villa Maria del Triunfo
Westman S.A.C.: (BETCRIS COMPANY)
Resolution number 4752-2010 from Municipality of Miraflores
Nicaragua
Since 2011, gambling is legal and regulated in Nicaragua with the passage of Law 776 and its regulations. This law was created to improve the economy, industry and the touristic infrastructure of the nation. The Ministry of Finance and the Analysis Unit is the regulator and licenses all the gambling operations in the country.
Licensees are required to submit and register all the information about financial transactions to the Authority according to the rules established in the regulations. In addition, licensees must submit a financial audit report within four months of the close of a financial year.
The resolutions MCHP-OCSJ-2017-131 and MCHP-OCSJ-2017-132 dated February 24, 2017 granted the granting of a license to operate physical and online sport betting in their stores, in favor of Asiatronic S.A. and Daibutsu Technologies S.A. (companies from TV Global), respectively.
Gaming Authority: Ministry of Finance and the Financial Analysis Unit
Gaming Law: Reglamento de la ley no. 766 “ley especial para el control y regulación de casinos y salas de juegos de azar”
As far as online gambling is concerned, there are no rules that explicitly prohibit or allow the exercise of this activity.
License or permit (through our partners):
Resolution MCHP-OCSJ-2017-131, dated February 24, 2017, to authorize Asiatronic S.A. to operate physical and online sports betting in their stores.
Resolution MCHP-OCSJ-2017-132, dated February 24, 2017, to authorize Daibutsu Technologies S.A. to operate physical and online sports betting in their stores.
Mexico is part of the Financial Action Task Force against Money Laundering in Latin America (GAFILAT).
Betcris is operated in Mexico by the licensee in the field of games and raffles, “Producciones Móviles SA de CV,” holder of the government permit DGAJS / SCEVF / P-06/2005-TER, together with its operator “Paradise Rivera Gaming SA de CV,” in accordance with the official DGJS / 405/2018.
Games that offer gambling are strictly prohibited for minors. The main purpose is entertainment, fun and entertainment.
Guatemala
In Guatemala, online gambling is not yet regulated. However, there are no rules that explicitly prohibit this activity. Therefore, we operate through the Malta License. For Betcris, providing legal and financial security to our clients comes first, and operating under one of the most important international licenses, ensures that goal is reached.
Guatemala
In Guatemala, online gambling is not yet regulated. However, there are no rules that explicitly prohibit this activity. Therefore, we operate through the Malta License. For Betcris, providing legal and financial security to our clients comes first, and operating under one of the most important international licenses, ensures that goal is reached.
Honduras
Gambling is legal and regulated in Honduras since 1972 with Decree Number 488. Reforms to this decree were added in 1988 and 1990. The Honduran Institute of Tourism is the authority that regulates and granting licenses to the gambling operators.
Licensees can operate gambling centers through a natural or legal person with prior authorization of the authority. The resolution 12-A-2002 from Secretary of State of the Government and Justice Ministry, dated January 09, 2002, authorizes VIP Club S. de R.L. to operate remote betting centers. VIP Club S. de R.L. has been held a leasing contract with Ahmuni SRL (TV Global Company), to operate their remote betting center.
Gaming Authority: Honduran Institute of Tourism
Gaming Law:
Ley de casinos, juegos de envite o azar known as decree number 488
Decree: 100-88
Decree: 101-88
Decree: 76-90
Executive Decree no. 70-92
Resolution No 12-A-2002 from Secretary of State of the Government and Justice Ministry dated January 09, 2002, authorizing VIP Club S. de R.L. to operate betting remote centers and a leasing contract of the authorization has been held between VIP and Ahmuni (Betcris).
Ecuador
In Ecuador, people can gamble in Horse Racing Tracks and buy Lottery. On June 26th, 2002 the Ministry Agreement No. 2002002 approve the internal rules of horse racing in Buija Racetrack property from the company Metrocentro S.A. (a Betcris company).
For the administration of the National Lottery, there’s a private charity and non-governmental organization in the city of Guayaquil named Lottery The Charity of Board of Guayaquil.
This charity is in charge of the National Lottery, among other services, in Ecuador. Betcris (Ecuador’s company name) has an agreement with them to provide platform software and development support in digital games and technology to operate the digital lottery in Ecuador.
Gambling has been illegal in Ecuador since 2011, when all casinos and gambling establishments were forced to shut down. As a result, the legal status of online gambling is currently controversial. The ban on gambling was aimed at casinos and gambling halls, but did not mention online gambling sites. There are no online gambling operators licensed in Ecuador, but there are also no laws preventing locals from accessing international online gambling sites. As a result, locals are free to play on foreign gambling sites.
Gaming Authority: None
Gaming Law: None
As far as online gambling is concerned, there are no rules that explicitly prohibit or allow the exercise of this activity.
License or permit. (Through our partners).
Ecuador
In Ecuador, people can gamble in Horse Racing Tracks and buy Lottery. On June 26th, 2002 the Ministry Agreement No. 2002002 approve the internal rules of horse racing in Buija Racetrack property from the company Metrocentro S.A. (a Betcris company).
For the administration of the National Lottery, there’s a private charity and non-governmental organization in the city of Guayaquil named Lottery The Charity of Board of Guayaquil.
This charity is in charge of the National Lottery, among other services, in Ecuador. Betcris (Ecuador’s company name) has an agreement with them to provide platform software and development support in digital games and technology to operate the digital lottery in Ecuador.
Gambling has been illegal in Ecuador since 2011, when all casinos and gambling establishments were forced to shut down. As a result, the legal status of online gambling is currently controversial. The ban on gambling was aimed at casinos and gambling halls, but did not mention online gambling sites. There are no online gambling operators licensed in Ecuador, but there are also no laws preventing locals from accessing international online gambling sites. As a result, locals are free to play on foreign gambling sites.
Gaming Authority: None
Gaming Law: None
As far as online gambling is concerned, there are no rules that explicitly prohibit or allow the exercise of this activity.
License or permit. (Through our partners).
El Salvador
Online gambling has never been regulated in the country. While the government does not issue licenses to online gambling operators, there are also no laws against this form of entertainment. As a result, locals are free to play on international online gambling sites.
Gaming Authority: None
Gaming Law: None
As far as online gambling is concerned, there are no rules that explicitly prohibit or allow the exercise of this activity.
License or permit : We operate through the Malta license.
Jamaica
The Casino Gaming Commission of Jamaica was created in 2010 when the Casino Gaming Act was introduced. The Commission licenses and regulates all gambling activities in the country and aims to maintain a strong regulatory environment that is in keeping with the more established and reputable gaming jurisdictions around the world.
The Betting, Gaming & Lotteries Commission (BGLC) registers, licenses and approves various activities which fall under these broad categories as well as audits and monitors compliance to ensure that licensees operate within the terms of their licenses. The BGLC is responsible to ensure and assure Government’s direct revenue from all sectors in the industry.
The BGLC also has an enforcement division which detects and investigates illegal gaming activities and takes the requisite action against offenders under the legislation. The BGLC also conducts due diligence investigations to ensure that applicants are fit and proper to conduct gaming activities.
Panama
Gaming is authorized via Law Decree 2/1998, which re-structured the Panama Gaming Control Board and established additional measures for the operation of the gambling market in the country.
- Resolution 92/1997 established the regulatory framework for casinos and gaming machines.
- Resolution 40/2003, which deals with the operation, manufacturing and distribution of Type A gaming machines in the country, while Resolution 51/2012, which was later partially modified by Resolution 97/2012, established control rules for the operation of Type C slot machines.
- Resolution 25/2003, which regulates the operation of bingo halls.
- Resolution 77/1999, which regulates betting on sporting events and has been modified by Resolution 30/2003 and Resolution 25/2011.
- Resolution 60/1999, which establishes the regulatory framework for thoroughbred horseracing.
- Resolution 65/2002, which has been modified on two occasions by Resolution 18/2003 and Resolution 10/2004, regulates online gambling services in the country.
Betcris operates in Panama under the license No. 43, granted under the contract for the administration and operation of sports event betting agencies No. 92 of May 15, 1998, signed between El Estado and Minos Export, INC and in accordance with the provisions of articles 12 numeral 12, 43, 44, 65, 73 and 74 of Decree Law No. 2 of February 10, 1998, and Resolution 77 of August 04, 1999.
