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Head of tax office highlights key changes in Paraguay’s gambling law
The head of the National Directorate of Tax Revenues (DNIT), Óscar Orué, recently addressed key changes in Paraguay’s gambling law during the First Conference on Law 7483. This law revises the legal framework governing gambling operations and aims to enhance oversight by transferring powers from the National Gaming Commission (Conajzar) to the DNIT. Such changes are designed to combat irregularities in the gambling sector and illegal gambling activities.
Notable amendments to the law include the introduction of new game types, a revamped oversight structure, and updated regulations on fund distribution and unclaimed prizes. One significant change is the removal of the monopoly on permits for games like lotteries and sports betting, allowing multiple operators to promote fair competition.
During his address, Orué stressed the importance of making Paraguay an attractive destination by balancing low tax pressures with tourism and gambling integration. He acknowledged the challenges the country faces in eliminating illegal gambling.
In terms of revenue, Conajzar reported a collection of G. 175,768 million (about US$22.4 million) in 2024, an increase of 11% from the previous year. With the transition of oversight to the DNIT, the agency expects to raise this figure significantly in 2025, aiming to exceed G. 500,000 million (approx. US$63.3 million).
Key Points
- The DNIT has taken on expanded oversight powers for gambling regulations in Paraguay.
- Law 7483 introduces new types of games and modifies fund distribution mechanisms.
- Monopoly permits for games like lotteries and sports betting have been eliminated to foster competition.
- Revenue from Conajzar has increased, with expectations for further growth under the DNIT.
- The changes aim to combat illegal gambling and enhance the country’s attractiveness as a gaming destination.
Why should I read this?
This article highlights critical developments in Paraguay’s gambling laws that are set to transform the regulatory landscape. By allowing more operators and enhancing oversight, these changes aim to improve both competition and compliance, making it an important read for stakeholders in the gaming industry, investors, and policy-makers interested in South American markets.
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