An Exhaustive Guide to Gambling Laws in Peru
Since land-based casinos became legal in 1979, Peru's gambling legislation has seen vital adjustments which now include online gambling regulations. The industry has matured since the first online casino license was distributed in 2008, culminating in a robust set of regulations today. Noteworthy details of the country's online gambling legislation include:
- The MINCETUR: Ministry for Regulating Online Gaming operates as the country's chief regulator, overseeing all facets of online gambling and sports betting.
- Introduction of the regulatory framework for gambling in August 2022, marked by Law No. 31557, later fine-tuned by Law No. 31806. These laws have brought a broad system to regulate gambling activities effectively in Peru.
- For additional clarity, Supreme Decree No. 005-2023 was instated in 2023, delineating specific guidelines covering online sports betting and services involving real money gaming. This fresh legislation has drawn interest from both local and overseas casino operators, transitioning the industry from a vague to a thoroughly regulated one.
- Starting from April 2024, all gambling operators wishing to engage in Peru's gaming arena are required to hold valid licenses from the Directorate General of Casino Games and Slot Machines in the country.
- Under the new law, a tax of 12% has been imposed on operators, where 40% is allocated to MINCETUR for regulatory duties. Gross Gaming Revenue (GGR) Despite stringent rules, Peru does not place specific restrictions on international gambling operators. Thus, players in the country can
- access global casinos to partake in games Pros and Cons of Engaging with Peru’s Online Casinos .