Tag Archives: Ecuador

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…

Casinos could be allowed in newly set up free trade zones according to a new proposal which will be put before in The National Assembly. The proposal is part of a wider package of proposals designed to attract foreign investment.  The idea is one of several approaches presented under the so called “Investment Law” which has…

A number of jurisdictions in Latin America have made huge strides in regulating the gaming industry. Online gambling is now available in Buenos Aires, and Brazil will open its sports betting market soon. G3 speaks to Gabriel Szlaifsztein, General Manager – LATAM at Continent 8 Technologies, about the changes. Do you think that regulations being…