Fenabanca denounces a prevailing disorder in the lottery sector
The National Federation of Lottery Banks criticized the lack of control by the Ministry of Finance, pointing out that the absence of supervision has encouraged illegal expansion, unfair competition, and the possible infiltration of illicit capital into the industry.
The National Federation of Lottery Banks (Fenabanca) has issued a strong public statement denouncing the deep uncertainty facing the gambling sector in the Dominican Republic. The entity described the current management by the authorities as a "prevailing disorder," directly blaming the regulatory bodies for the lack of organization and transparency in the market.
Through an official statement, Fenabanca supported recent criticisms from various social and religious sectors, recalling that the Ministry of Finance is the only entity empowered by Law 253-12 to regulate, organize, and supervise the activity. According to the federation, institutional inaction has allowed irregularities to become the norm.
The pillars of the complaint: Illegality and unfair competition
Fenabanca identified several critical factors that are destabilizing the industry and harming formal operators:
- Uncontrolled expansion: The indiscriminate opening of new betting banks without the corresponding permits.
- Street vending: The use of mobile devices prohibited by law for the marketing of lottery tickets on the streets.
- Unfair competition: Aggressive commercial practices that have forced many entrepreneurs operating legally out of the market.
Political influence and lack of dialogue
The federation’s complaint escalates to national security levels, warning about the alleged influence of political actors and sectors linked to drug trafficking within the activity. Furthermore, the statement suggests possible complicity between public officials and groups with high economic power to favor particular interests above current regulations.
Likewise, Fenabanca regretted the breakdown of institutional dialogue. The organization asserts that the authorities are ignoring the trade associations, despite these maintaining contractual rights in force since 1999 and having been key players in historic regularization processes.
A call for national action
Finally, the entity made an appeal to Dominican society to get involved in what they consider a matter of "national interest," according to Decree 63-22. For Fenabanca, the sustainability of the sector depends on restoring regulatory rigor and ensuring that the Ministry of Finance exercises its control functions to protect both the formal economy and the citizens.
Tags: Dominican Republic, Dominican Republic lotteries, Fenabanca