Peru is experiencing a growth surge in its gambling sector, thanks to newly implemented regulations. The country has now officially recognized 4,516 gambling and sports betting venues and 60 tech platforms, as per the Ministry of Foreign Trade and Tourism’s latest announcement. This comprehensive framework aims to bolster consumer protection, ensure transparency, and stimulate formal economic advancement across the region.
Key Points
- Peru has established itself as a leader in the regulation of gambling in Latin America.
- A total of 60 tech platforms have been authorised since the new law took effect in February 2024.
- 280 service providers associated with the gambling sector have been registered under the new framework.
- The government has closed illegal operations, resulting in a 15% reduction in illegal gambling websites.
- Record tax collection figures have emerged from the gambling sector, with significant contributions to state revenues.
Why should I read this?
If you’re intrigued about how regulation can turbocharge a sector, this article gives you the lowdown on Peru’s strategic moves in gambling. It’s not just about the games; it’s about transparency, consumer protection, and a flourishing economy. Dive in to discover the potential ripple effects on the gambling industry worldwide!
