Peru gearing up to legalise online gambling?

News on 15 Oct 2018

Peru, a populous nation of over 30 million people could be the next state to legalise online gambling, according to recent media reports that a legalisation bill – 3397 – is currently making its way through the national Legislature and stands a good chance of passage.

The bill is the work of a lawmaker from the Fuerza Popular Party, Percy Eloy Alcala Mateo, and reportedly has reasonable tax provisions of 12 percent based on GGR, although operators will have to put down a hefty  $166,000 to initially safeguard player deposits.

Other provisions are pretty standard and are designed to ensure fair gaming and transparency; protect consumers, minors and the vulnerable; exclude criminal activity and encourage responsible gambling.

Bill 3397 will provide clarity in Peru’s somewhat legally ambiguous online gambling sector. It is not clear whether legislators will insist that online operators have a relationship with the country’s 12 land-based licensed casinos, and the enforcement measures against unlicensed operators are still under debate.

Related and similar

Peru gearing up to legalise online gambling?

News on 15 Oct 2018

Peru, a populous nation of over 30 million people could be the next state to legalise online gambling, according to recent media reports that a legalisation bill – 3397 – is currently making its way through the national Legislature and stands a good chance of passage.

The bill is the work of a lawmaker from the Fuerza Popular Party, Percy Eloy Alcala Mateo, and reportedly has reasonable tax provisions of 12 percent based on GGR, although operators will have to put down a hefty  $166,000 to initially safeguard player deposits.

Other provisions are pretty standard and are designed to ensure fair gaming and transparency; protect consumers, minors and the vulnerable; exclude criminal activity and encourage responsible gambling.

Bill 3397 will provide clarity in Peru’s somewhat legally ambiguous online gambling sector. It is not clear whether legislators will insist that online operators have a relationship with the country’s 12 land-based licensed casinos, and the enforcement measures against unlicensed operators are still under debate.

Related and similar