The Puerto Rico Tourism Company’s Gambling Division is revisiting casino regulations in response to hoteliers who have spent the better part of the last year lobbying for amendments to temper the rules to current economic conditions and provide more flexibility they say would prevent a wave of casino closings.
The Puerto Rico government’s economic team presented four measures to shore up $280 million for the Highway Authority, which is deep in the hole with the Government Development Bank, to which it owes $2.1 billion.
The Puerto Rico Treasury Department reported Tuesday that net revenue General Fund collections for the month of May reached $612 million, exceeding by $15 million, or 2.6 percent, the collections on record for the same month in 2012.
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