The Paraguayan Association of Gambling Operators (APOJA) has expressed strong support for the new Decree No. 3846, which updates nearly 30-year-old regulations in the gambling sector. This decree gives a 30-day deadline for 263 municipalities to align their gaming licenses with the new provisions.
Lorena Rojas, president of APOJA, emphasised that municipalities must report to the General Directorate of Gambling about the licenses they’ve granted, including the types of games and fees collected. From now on, these gambling establishments, mostly operating slot machines, will have to meet new technological requirements to ensure compliance.
The decree outlines crucial shifts, including the end of the monopoly on lotteries and sports betting, thanks to support from the National Competition Commission (CONACOM). It also introduces the General Directorate of Gambling to oversee and implement robust regulations in the gambling industry.
Key Points
- APOJA supports Decree No. 3846 which modernises gambling regulations in Paraguay.
- Municipalities have 30 days to comply with new licensing requirements.
- New measures include online connectivity of gambling systems with regulatory authorities.
- The end of the lottery and sports betting monopoly will enhance market competition.
- A newly established General Directorate of Gambling will enforce regulations and support fiscal oversight.
Why should I read this?
If you’re keeping an eye on the evolving gambling landscape in Paraguay, this is a must-read! With major regulatory changes on the horizon, this article breaks down what these new rules mean for operators and players alike. Plus, understanding these developments can give you insights into potential growth and compliance standards in the gaming industry.