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Tag Archives: Online Gaming

Chile – Operators welcome online bill but critical of tax rate

Lawyer Carlos Baeza, advisor to Betsson, Betano, BetWarrior, Coolbet, Latamwin and 1XBET has released a statement on the passage of Chile’s online gambling bill to the senate from the lower house. While Baeza highlighted the fact that the bill had received cross party approval and said that this was a good sign he critisised some…

Argentina – Santa Fe online bill sent to the senate

In the last regular legislative session of the year, the Chamber of Deputies of Santa Fe approved and sent to the Senate a project to regulate online gambling in the province. The initiative was sanctioned with 38 votes in favour and rejected by six legislators. The bill was promoted by Fabián Bastia and Marcelo González both…

Argentina – Online gambling to launch in Córdoba after presidential elections

The government of Córdoba province has announced that online gambling will finally go live. The launch is scheduled to take place 48 hours after the presidential runoff election between Sergio Massa and Javier Milei which will be held on November 19. However according to the lottery  from November 21 and for 45 days, until January 5, the…

Brazil – Public hearing on sports betting held in the senate

In a public hearing last Thursday (19) at the Economic Affairs Commission (CAE), lawmakers and stakeholders discussed the main points that need to be addressed for Brazil’s sports betting bill (PL 3626/2023 ). According to the senate news agency José Francisco Manssur, special advisor to the Ministry of Finance, laid out the most important points…

Brazil – Different tax rates for online casinos and sports betting proposed

Senator Angelo Coronel the rapporteur of the sports betting bill in the Senate’s Economic Affairs Committee has said that he intends to maintain the 18% GGR taxation rate for online casinos and reduce the sports betting tax rate to 12%. The bill has already passed through the Chamber of Deputies and is being processed urgently in the Senate. If…

Peru – New online regulations to come into force

The Ministry of Foreign Trade and Tourism (Mincetur) has finally approved the regulations of Law No. 31557 which regulates online gaming and sports betting. Head of Mincetur Juan Carlos Mathews, welcomed the news saying that the new regulations put in place “a cutting-edge standard” which would provide improved player protection measures. The new regulations will…

Chile – New bill threatens fair competition says lawyer representing online operators

Lawyer Carlos Baeza representing Betano, Betsson, Coolbet, and LatamWin has questioned the proposed regulation for online gaming now under discussion in the Economy Commission of the Chamber of Deputies . According to article 13 of the new bill, any online platforms which have been present in the market over the previous twelve months will be banned from offering their services in the Chilean…

Chile – Unregulated online gambling stands at CLP$ 17bn says head of tax office

The head of Chile’s tax office has told the Economy Commission of the Chamber of Deputies that once online gambling is regulated that licensed sites could generate around CLP$ 5bn in taxes once Chile’s new gambling law is enacted. The information was provided by the director of the Internal Revenue Service, Hernán Frigolett, who argued that…

Chile – Gaming board welcomes Supreme Court decision  

The Superintendence of Gaming Casinos (SCJ) has come out in support of the Supreme Court’s decision to block access to online betting platforms. The announcement comes after Chile’s highest court accepted an appeal from state lottery operator Polla Chilena de Beneficencia . In a statement the head of the legal division of the SJC Manuel Zárate said…