SPORTS BETTING
Chile – Gambling advertising ban passes through committee stage
By James - 3 October 2022
Deputy Marco Sulantay has been put in charge of getting a bill through parliament that would prohibit any type of sportsbetting betting advertising during sporting events. The bill was passed by The Sports Commission in the Chilean Chamber of Deputies at the end of September. Sulantay, the author of the bill, will now be responsible for presenting the approved text before the plenary session of the Chamber of Deputies.
In March Deputy Marco Antonio Sulantay said that sites operating in Chile did so “without paying any type of tax for the millions of dollars in profits they generate” adding that sports betting advertisements had “taken over” sports.
“It is necessary to prohibit them from being sponsors of sporting events and clubs or for the Ministry of Finance to make decisive progress in regulating their operation in Chile . . . and for them to pay the corresponding taxes,” he said.
After the bill was passed by the sports committee Sulantay said that if the law is passed by the House of Deputies then contracts with sports betting companies would have to end within a year.
“What we do not want is that sport in Chile falls into the clutches of mafias and bookmakers and we hope that this initiative will be law of the Republic as soon as possible,” he said.
