The Puerto Rico Tourism and Cooperative Commission has approved a project that seeks the establishment of a new model to redistribute revenue from slot machines in casinos. The goal is for different groups to receive an equal percentage of the benefits in order to boost their industries in a period in which finances have been severely affected.
According to El Vocero, this measure would amend section 5 of Law 221 of 1949, also known as Games of Chance and Slot Machines Authorization Law that regulates all casinos on the island.
The gaming law includes two different groups, Group A and Group B. Concessionaires are part of Group A and receive 34% of the first $315m of annual net income. On the other hand, Group B, which includes Government funds, receives 66%.