The government reversed its stance on gambling once Hugo Chavez came into power, and began to clamp down on casinos and slot halls. Hugo Casino has a low, €20 minimum deposit requirement. This is a good starting point if you're new to online casinos and don't want to risk too. The Comisión Nacional de. Venezuela. Mr. Maduro's predecessor, Hugo Chávez, had closed all of the country's gambling houses, saying they were rife with vice and only enriched “the. The late Hugo Chávez, the founder of what he called Venezuela's Bolivarian Revolution, decried capitalism as a casino economy, and he. Nicolas Maduro, president of Venezuela, announced on Friday the opening of a new crypto-run casino in a battered country where betting halls. In addition to the jurisdictions set out in paragraph 2, Fashion TV Video Slot must not be offered in the following territories: Cuba. The gambling market in Venezuela is legal and casino profits are around 4 million USD In Hugo Chavez came to power and any hope for foreign investments. After almost a decade since the closure of casinos and bingo halls in Venezuela by order of then-President Hugo Chávez, his successor. Hugo Chávez, Maduro's late mentor, ordered the closure of bingo halls and casinos in He said that many were rife with prostitution, drugs. .