Tag Archives: Ecuador

Ecuador’s government has modified the regulations for the application of the unique income tax regime for sports betting operators. The main change is that operators who are not residents in the country are no longer required to be registered with the Unique Taxpayer Registry (RUC) from the Internal Revenue Service (SRI). Now, both resident and…

The Internal Revenue Service (SRI) in Ecuador has a list of officially licensed sports betting operators in the country. According to the director of the entity, Damián Larco, there are currently 65 companies which  are now  registered. However, the total number of operators is much larger he said. The official indicated that out of this…

President Daniel Noboa has cancelled the popular consultation that could have allowed for the return of casinos. Via a message broadcast by his office the government announced that it would not include gambling as part of the proposals. The return of casinos, slot halls and sports betting had been one of 11 questions that President Daniel…

The return of casinos, slot halls and sports betting could be part of a popular consultation. The return of gambling is one of 11 questions that President Daniel Noboa  wants Ecuadorians to answer in an upcoming referendum on key issues. The questions were sent to the Constitutional Court for approval. During his election campaign, President…

The president of Ecuador Guillermo Lasso has approved a ban on the advertising of sports betting. The measure, entered into force under Executive Decree 853, which was officially signed on August 23. The measures are part of wider regulations covering communications introduced at the end of 2022. In a statement Ecuador’s largest football competition, LigaPro,…

The constitutional court of Ecuador has approved new taxes on sports betting. The reforms are part of a much wider tax reform bill that includes tax cuts for most families.   The court had to endorse or reject two decrees signed by President Guillermo Lasso after he disbanded the National Assembly after facing a vote…

New taxes and regulations are still being planned as Ecuador plunges into a constitutional crisis. Guillermo Lasso, Ecuador’s president used a constitutional rule known as muerte cruzada (“mutual death”) to dissolve the National Assembly, after facing impeachment. The clause has never been used before. “Ecuador needs a new political and social pact to allow it to escape…

The government of Ecuador has put forward a tax reform project that proposes creating a single tax on the income received by sports betting operators with legal residence in the country. The bill was put forward by Finance Minister Pablo Arosemena to the National Assembly and proposes a 15% tax on GGR on operators. In…

The National Lottery of Ecuador has launched a new mobile sports betting platform.  BET593 features betting on more than 1,500 local and international sports events. The official sports betting operator described its new platform as a “new and modern” and has been designed to meet local demand for sports betting. According to the lottery in…