Re-Legalizing the Casinos of Ecuador
Here is my take, if you want to waste your money at a casino fine. But the government should not profit. I am opposed to a moron tax lol.
cccmedia wrote:Multiple websites that follow Ecuadorian industries are suddenly reporting a so-called "plan" to reopen casinos and gambling centers around the country, said plan having apparently been announced to media outlets yesterday, April 24, 2019.
The plan comes from an association of ex-casino workers of Ecuador .. and is evidently being sent to a government ministry to formulate a detailed offering to go to Presidente Moreno.
The promoters of casino revivals contend that large amounts of money have been flowing to casinos and casino workers in Peru and Colombia since Ecuador shuttered its casinos seven years ago.
To read details of what is going on, so far in español only, google:
reapertura casinos ecuador to find multiple sites announcing the pro-casinos venture.
The announcement comes exactly one month to the day after voters were to decide March 24th whether to support the return of casinos and other gambling establishments for Bahía de Caráquez and Salinas, two coastal communities.
I have not found any reports on what voters may have decided in those elections last month as pertains to casinos.
cccmedia
An article in El Universo indicates that the association of ex-casino workers has already delivered its proposal favoring casinos .. to at least three of Ecuador's ministries.
The association's leadership says legalizing casinos in Ecuador could be achieved with a national referendum or through the Constitutional Court.
----
I have repeated the summary contained in my post 40 above because of expat.com's policy of creating a page break before post 41 of its threads.
cccmedia
DrAlvarez wrote:I can play without restrictions because for most Nigerian casinos the lock has been disabled and this is just awesome news. I found new cool casinos on the review site and continued to make money!
Gosh, Dr. Alvarez,
How impressive. Glad to learn the lock is "disabled" on the "cool" Nigerian casinos you found "on the review site", enabling you to keep making "great money!" and "radically" change your life.
Let us know when your book comes out.
I hope you are joking. In Nigeria? Making money from gambling?
ja ja ja! 
Casinos are a mixed bag for sure.
If the funds can be designated for something like education, or transportation, whatever--it can be a revenue generator. Right now Ecuador certainly needs a shot in the arm financially with oil industry collapsed, mining as well, tourism shut down.... Correct that there's things like food service, hotels, transportation, other entertainment, as well as the gaming that will generate income for a lot of people. Officials would be wise not to hitch their economic wagon to one thing again (like petrochemicals) but to diversify industries.
The unfortunate gambling addicts will get the worst of it. The whole casino milieu seems to also come with vice like drugs and prostitution, but if those can also be regulated and taxed... just sayin'
It seems that special zones, like maybe Manta, Esmeraldas, Guayaquil, Salinas, and one or two cities higher in the Andes might be a good idea so the government can regulate the activity. Not sure how those zones would be chosen. Also the indigenous people (12 tribes I think would need an allotment of either the industry, or the funds).
Lot of countries have gambling and do well with it: Macau in China, Amsterdam and Rotterdam in the Netherlands, Las Vegas and Reno, as well as Mississippi, and Florida and others in the U.S. There's Sao Paulo in Brazil, etc.
When this COVID-19 thing is resolved it might be a good way to jump start the economy, because seriously folks, all Ecuador's got going right now is bananas out of three provinces in the S.W.
Emigrayo66 (Buster)
Analysis.
Four months ago, with a national
strike/shutdown underway and the
economy of Ecuador suffering
from the situation, the future was
looking bleak.
When Presidente Lasso presented
his group of questions for an
early-2023 public referendum,
it was notable that no question
was submitted to query the public
on Sr. Lasso's dream of creating
economic zones to attract
international investors and
allow the construction of
casino-resorts in those zones.
Now, in late October 2022, comes
a hint that a new referendum question
may be included in the revised
group of questions the administration
is working on.
Government minister Francisco Jiménez
has disclosed that a question about
employment and economic development
may be introduced as an additional
question for the public to vote on
in the national referendum planned for
early 2023.
El Presidente is in a stronger position
to advocate for such projects than he
was earlier this year. His administration
got CONAIE/indígenas to back off its
toxic tactics and participate in
negotiations that have been productive,
if not complete.
Sr. Lasso's declaration that the
pandemic is over and vaccine requirements
are history .. also gives him.extra muscle
as he presents a revised list of
referendum questions to the
Constitutional Court.
cccmedia in Quito
An online article in La República explaining how to play roulette online without losing it all.
Ecuador's new president launches
a surprise -- he wants to bring back
the casino industry.
Presidente Noboa did not campaign on reviving the
long-shuttered casino industry, but it is now clear
that he sees jobs and a boost to the economy
as resulting from such a revival.
El presidente has included an unexpected question
in his just-released list of referendum questions --
should Ecuador bring back casinos and allow
bookmakers and gambling halls in La República?
Under then-president Rafael Correa, existing casinos
were outlawed over a decade ago and were all closed
in a two-step process in 2012 and 2013 after a
referendum tilted against casinos and a subsequent order
was passed to close them all down. Only Ecuador
and Fidel Castro's Cuba (in the 1950's) have ever closed down
their countries' casino industries and never re-opened to
legal casino action.
Source... www.cuencahighlife.com
Presidente Noboa estimates that up to a quarter million
jobs would be created if Ecuador's casino industry
is re-legalized and new casinos and gambling halls
are opened.
According to the Cuenca Highlife report, Sr. Noboa
says taxing new casinos could bring in millions
of dollars in revenues to the cash-challenged
Ecuadorian government.
--
Noboa's predecessor, Guillermo Lasso, made a couple
of attempts to bring back casinos, but lacked the
political juice to gain the support of the General Assembly
for the effort. Lasso left office a year and a half early
after making no progress with the legislators al respecto.
Whether Noboa can succeed with casinos where
Lasso got nowhere is unknown .. especially since the
the news of the casino referendum just broke unexpectedly.
The Constitutional Court has to review referendum questions.
Common sense tells one that the casino referendum will
be allowed, since the Court allowed such a question
over ten years ago when Ecuador was in a more rosy
financial condition than it is today.
cccmedia
Tell us more, Sr. Presidente, about the
casinos you envision for Ecuador.
Daniel Noboa's vision for a new landscape
with casinos became a bit clearer in a
radio interview this week.
El presidente said the casinos would be
attached to hotels and operated by companies
that have a history of paying taxes and
following employment laws. The casinos
will be closely regulated, he said.
Source... www.cuencahighlife.com
Legalized gambling is destructive to society.
Also, how long to do think it will be before the cartels effectively control the casinos? Casinos are great for money laundering.
This is bad for Ecuadorians, plain and simple.
... how long do you think it would be before the cartels
effectively control the casinos?
Casinos are great for money laundering.This is bad for Ecuadorians, plain and simple. -@AmericanoNorte
.
.
.
The above rationale against casinos and gambling has evidently won the day.
El Presidente has decided to withdraw his referendum question 'al respecto' ..
saying the timing is not right to put the matter of casinos up to a
national vote.
News source... Cuenca HighLife website
... how long do you think it would be before the cartels
effectively control the casinos?
Casinos are great for money laundering. This is bad for Ecuadorians, plain and simple. -@AmericanoNorte
.
.
.
The above rationale against casinos and gambling has evidently won the day.
El Presidente has decided to withdraw his referendum question 'al respecto' ..
saying the timing is not right to put the matter of casinos up to a
national vote.
News source... Cuenca HighLife website
-@cccmedia
That's great news!
This stands out to me:
"Francisco Zambrano Campuzano, the head of CEDHUS -- the Human Rights and Union Commission of Ecuador".
Using "Human Rights" to push legalized gambling is very twisted. Very WEF'ish. I hope Ecuador resists the policies being pushed that are taking the rest of the western world down.
This organization would be one to watch. Wonder where their money comes from.
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