Tag Archives: Online legislation
Peru – President signs online gambling bill
The President of Peru Pedro Castillo has enacted online gambling regulation. The President signed the bill on Friday (12 August) putting the newly regulated industry under the Ministry of Foreign Trade and Tourism (MINCETUR). “The Executive and Congress have established a regulatory framework so that these operations are controlled in an integral manner, paying taxes,…
Argentina – Bids put forward for online gambling licences in Córdoba
A total of ten bids for licences to operate online gambling in the province of Córdoba have been put forward. National and international companies submitted their joint offers for the ten licences scheduled to go live for 18 October this year. On Friday, August 5, the first part of the process took place. Under the…
Chile – Online gambling bill delayed at request of executive branch
The Economy Commission in the Chamber of Deputies has delayed discussions over online gambling legislation after it received a request from the executive branch. The request was made by Representatives of the Ministry of Finance headed by Minister Mario Marcel who asked the parliamentary working group to delay the debate on the bill for thirty…
Peru – Online gambling bill approved by congress
The Peruvian Congress has passed a new gambling bill. The bill which was approved with 91 votes in favour, none against, and seven abstentions allows for both sportsbetting and online casino games once it is approved by the President. The law imposes a direct tax applied to Net Income (Net Win) of 12 per cent….
Gibraltar – New licensing regime a ‘hammer blow’ for Gibraltar
The UK’s move towards a ‘Point of Consumption’ tax regime for online companies targeting British players has been described as ‘a hammer blow’ for the Gibraltar economy. Peter Howitt, Chief Executive of the Gibraltar Betting and Gaming Association has warned that changes to tax and new licensing requirements could even force Gibraltar-based companies to leave…
