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Gambling Winnings and LossesGambling in Mexico. Mexican Betting Laws. But despite Mexico ’s reluctance to fully embrace gambling, the country inches closer and closer to that goal every year. The former establishes, as a general rule, that gambling is a forbidden activity in Mexico ; however Additionally, other legislation that impacts the industry includes: the Tax -related Acts (Federal and. In this article, you will find which gambling sites do offer this currency, how you can deposit there, and are there any specific gambling tax laws in Mexico.