A Snapshot of Chile's Online Gambling Scene
While online gambling isn't specifically regulated in Chile, players can access international sites freely due to the absence of local law restrictions on such platforms. Since there are no licensed local operators, offshore casinos they are the sole online gambling options available for Chileans.
Legalized brick-and-mortar casinos coexist in Chile, yet many players prefer the convenience and allure of online platforms. Given the high internet penetration, 17.9 million internet users in Chile in 2024 the popularity of online casinos isn't unexpected due to their ease of access, vast game offerings, and appealing promotions.
Highlights in the Regulation of Gambling in Chile
Chile's rich history with gambling spans many centuries. Here's a glimpse of the pivotal moments shaping its gambling landscape:
- Land-based casino operations were legalized by the Chilean government under the Casino Law 2005 (Law No. 19,995), which currently authorizes 22 casinos nationwide.
- Law No. 19,995 delineates rules for a maximum of 24 land-based casino licenses with a 15-year validity, though none can be granted within Santiago.
- On January 7, 2005, the Formation of Superintendencia de Casinos de Juego (SCJ) as a self-governing body responsible for overseeing land-based gambling, the issuance and revocation of licenses, and ensuring ethical gambling practices in Chile.
- The legal gambling age in Chile is 18.
- Casino operators pay a 20% tax of gross gaming revenue .
- With the legalization of land-based gambling, there have been demands for online casinos to also be formally recognized. Recent movements suggest the possibility of regulation soon, with a bill currently being assessed by the Chilean senate.