Ecuador’s president sees the value of gambling for the country’s economy
Ecuador President Daniel Noboa introduced a referendum before the Constitutional Court proposing, among other topics, to allow casinos, betting shops and in-person gambling halls to operate again in the country.
The proposition is part of a series of 11 questions that will be processed by the Ecuadorian Constitutional Court to ultimately be voted on by the citizens. Among the points introduced, question 11 asks the following:
“Do you agree with allowing the operation of casinos, gambling halls, betting shops, or businesses dedicated to the operation of games of chance, under the conditions detailed in the Annex to question 11?”
Former president Rafael Correa supported prohibiting in-person gambling halls and passed the action through a popular consultation on May 7, 2011. He assured citizens that the purpose was to develop “a healthier environment” for youths and prevent parents from losing money due to “the vice of gambling.”
Casinos, gaming halls, or betting shops in Ecuador are classified as a crime in the Penal Code that was authorized in October 2013. It states that anyone managing these businesses could face one to three years in prison and a fine of 100 to 150 basic salaries.
Ecuadorian referendum proposals must be debated by the Constitutional Court, which will determine whether the issues presented can be resolved by public vote or an amendment to the Magna Carta.
The court has 20 days to examine the referendum and issue an opinion. If an amendment is necessary, the Executive may introduce a new proposal.
If approved, the President will issue an executive order giving the National Electoral Council 60 days to begin the electoral process. Ecuadorian media estimates say a referendum will be held by the end of March, barring any significant hurdles.
