Puerto Rico Governor Ricardo Rosselló signed legislation authorising sports betting as one of his final acts before resigning.
The legislation regulates sports betting, horse race betting, fantasy contests and betting on eSports at casinos, the island's sole racecourse, off-track betting parlours and online.
The governor explained that the new legislation will generate increased revenue for the Treasury, from operating licenses and taxes that will be charged on wagers and prizes. A tax rate of 7 per cent will [...]