🇲🇽 Mexico

Mexico is the second largest iGaming market in LATAM by volume. Online gambling licenses are granted by the Secretariat of the Interior (SEGOB) under the Federal Law of Games and Draws and its 2004 regulation, which includes online betting modalities.

Mexican Market Characteristics

• More complex and longer process than Colombia (18-36 months)
• Federal licenses with national coverage
• Market of 130M inhabitants with growing digital penetration
• Football, lucha libre, and baseball as primary betting sports
• Cash payments (OXXO) as a preferred method alongside credit cards

Recommended Strategy

For most operators, we recommend starting with Colombia while processing the Mexican license in parallel. The process in Mexico requires a solid local presence and regulatory contacts that GamblingCons provides from day one.