In the only legal U.S. betting jurisdiction where wagering on cock fighting is allowed, it appears bettors will soon be able to bet from their phones. It’s been about two-and-a-half years since Puerto Rico legalized wagering and 18 months since retail betting went live in the U.S. territory, and sources say digital betting could be less than a month away.
Retail betting in Puerto Rico is taxed at 7% of adjusted gross revenue and online wagering will be taxed at 12%.Principio del formulario I also want to receive information and offers about online sportsbooks (eg. odds boost, welcome offers)
When digital wagering does go live, Puerto Rico will be the second U.S. jurisdiction in which bettors must register in person for digital accounts. Nevada is currently the only other U.S. jurisdiction with that requirement.
Geofencing company GeoComply confirmed that it has been licensed but has not been given a go-live date for when to begin its monitoring, and sources say Caesars Sportsbook, which is tethered to Casino Metro, also has preliminary approval and is awaiting a start date. BetMGM, partnered with Casino del Mar at the La Concha Resort, also has preliminary approval.
The two operators have been offering in-person betting since last year — BetMGM since February 2022 and Caesars since last December.
In March, the Puerto Rico Gaming Commission issued licenses to seven sports betting suppliers and vendors, including Kambi.
Both DraftKings and FanDuel have announced partnerships in Puerto Rico, though neither is currently offering wagering. DraftKings in 2022 announced a deal with the Foxwoods El San Juan Casino, and FanDuel in 2020 announced a deal for access across the Caribbean and South America with CAGE Sports BV, which includes market access in Puerto Rico.
