Close Menu
    Facebook LinkedIn YouTube WhatsApp X (Twitter) Pinterest
    Trending
    • These Were My Favorite Things Samsung Unpacked During Its 2026 Galaxy Event
    • AI minister role boosted but tech department axed in Burnham shake-up
    • Loop Engineering for RAG Question Parsing: The Small Loop That Runs Before Retrieval
    • The risk of weather data sabotage is rising
    • Hand-E Now Reaches 100 mm Without Giving Up an Ounce of Precision
    • Weight loss drug effectiveness and long term maintenance
    • Here’s what Albo’s ‘Office of AI’ means for Australian tech
    • YouTube and X Have Become ‘Gateways’ to Nudify Apps
    Facebook LinkedIn WhatsApp
    Times FeaturedTimes Featured
    Thursday, July 23
    • Home
    • Founders
    • Startups
    • Technology
    • Profiles
    • Entrepreneurs
    • Leaders
    • Students
    • VC Funds
    • More
      • AI
      • Robotics
      • Industries
      • Global
    Times FeaturedTimes Featured
    Home»News»Ecuador president Daniel Noboa could legalize gambling in upcoming referendum
    News

    Ecuador president Daniel Noboa could legalize gambling in upcoming referendum

    Editor Times FeaturedBy Editor Times FeaturedAugust 7, 2025No Comments3 Mins Read
    Facebook Twitter Pinterest Telegram LinkedIn Tumblr WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Telegram Email WhatsApp Copy Link


    Ecuador President Daniel Noboa has paved the best way for the reintroduction of casinos and gaming halls, as a part of a wide-ranging referendum on key points surrounding playing for the South American nation.

    The chief insists the playing exercise can be restricted to five-star accommodations, with a 25% tax levy utilized to fund social applications, together with faculty meals and youngster malnutrition.

    In an in depth communication on Elon Musk’s X social media platform, Noboa outlined that a number of points could be addressed within the proposed “consulta well-liked” (well-liked session) referendum. 

    “In the present day we take a brand new step: a well-liked session that asks the folks about points that for years have been of well-liked curiosity and in pressing want of change, he mentioned.

    “These 7 questions give residents the facility to decide on, as soon as and for all, whether or not we, as a nation, wish to bury the previous and embrace with hope a way forward for peace and improvement.”

    The query on playing may result in the legalization of any type of playing for the primary time in 14 years. 

    It’s anticipated that he plebiscite may happen on December 14, however there’s a authorized and constitutional course of that should be adopted, as a consequence of potential amendments to the structure, pending the end result of the vote.

    Desde el inicio de este proyecto político luchamos por justicia y progreso, por hacer lo correcto sobre lo cómodo, lo justo sobre lo tradicional, y lo valiente sobre lo complaciente.

    A diario recibimos críticas, especialmente de los que están más lejos de la gente, aquellos que…

    — Daniel Noboa Azin (@DanielNoboaOk) August 5, 2025

    Ecuador playing ban in place since 2011

    Playing homes, together with casinos, have been banned in Ecuador since 2011, following a referendum in the course of the tenure of the forty fifth President of Ecuador, Rafael Correa. 

    Noboa assumed workplace in November 2023, changing into the forty eighth head of state.

    On the time, a social and ethical query was posed to the general public, with playing thought-about to be inflicting monetary hurt and contributing to the proceeds of organized crime.

    7.¿Está usted de acuerdo con permitir el funcionamiento de salas de juego y casinos dedicados a juegos de azar en hoteles categorizados con cinco estrellas, quienes entregarán al Estado un tributo del veinte y cinco por ciento (25 %) de sus ventas por esta actividad, para el…

    — Daniel Noboa Azin (@DanielNoboaOk) August 5, 2025

    There’ll nonetheless be important opposition this time round, with considerations over the social impression on households, funds, and well-being, however proponents will argue the necessity for reform. 

    Supporters take the place that the on line casino and playing exercise can be restricted to unique places, offering a worthwhile outlet for vacationer spending in addition to returning essential tax earnings. 

    It’s going to additionally create employment within the managed services, whereas offering a regulated outlet for the demand, taking folks away from illicit underground exercise.

    Picture credit score: Presidencia de la República del Ecuador / Creative Commons 4.0

    The put up Ecuador president Daniel Noboa could legalize gambling in upcoming referendum appeared first on ReadWrite.





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Editor Times Featured
    • Website

    Related Posts

    Kalshi lawsuits dominate prediction market news today

    July 13, 2026

    Catawba Tribe Plans Two More North Carolina Casinos

    July 3, 2026

    Polymarket scrutiny, Schwab entry – latest prediction market news

    June 23, 2026

    Honolulu gambling raid in Waimakua Place nets machines

    June 13, 2026

    New Mexico lawsuit targets Kalshi sports contracts

    June 6, 2026

    Rhode Island Senate approves sports betting market expansion

    June 5, 2026

    Comments are closed.

    Editors Picks

    These Were My Favorite Things Samsung Unpacked During Its 2026 Galaxy Event

    July 22, 2026

    AI minister role boosted but tech department axed in Burnham shake-up

    July 21, 2026

    Loop Engineering for RAG Question Parsing: The Small Loop That Runs Before Retrieval

    July 19, 2026

    The risk of weather data sabotage is rising

    July 18, 2026
    Categories
    • Founders
    • Startups
    • Technology
    • Profiles
    • Entrepreneurs
    • Leaders
    • Students
    • VC Funds
    About Us
    About Us

    Welcome to Times Featured, an AI-driven entrepreneurship growth engine that is transforming the future of work, bridging the digital divide and encouraging younger community inclusion in the 4th Industrial Revolution, and nurturing new market leaders.

    Empowering the growth of profiles, leaders, entrepreneurs businesses, and startups on international landscape.

    Asia-Middle East-Europe-North America-Australia-Africa

    Facebook LinkedIn WhatsApp
    Featured Picks

    Inside the story that enraged OpenAI

    May 19, 2025

    The Instant Smear Campaign Against Border Patrol Shooting Victim Alex Pretti

    January 25, 2026

    EU-Startups Podcast | Episode 132: Joe Seager-Dupuy, Director at TRUE

    August 22, 2025
    Categories
    • Founders
    • Startups
    • Technology
    • Profiles
    • Entrepreneurs
    • Leaders
    • Students
    • VC Funds
    Copyright © 2024 Timesfeatured.com IP Limited. All Rights.
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us

    Type above and press Enter to search. Press Esc to cancel.