Mexican President Andrés Manuel López Obrador stated that his administration will not grant any new permits for casinos, and warned that any licenses issued during his term will be canceled.
The President has held this stance since he took office in 2018, and has previously instructed local governments to seek authorization from the Supreme Court of Justice of the Nation if they intend to legislate gambling.
The President's announcement could have an impact on Mexico's gaming industry, which has been seeking expansion opportunities.