With a unanimous vote of 105 in favor and none against, the National Congress of Peru has successfully passed amendments to its Gambling Law 2022, effectively closing a series of loopholes. The Gambling Law in Peru is pending the signature of President Dina Boluarte. The recent amendments, which include a revision to article 40, aim […]
New regulations have been approved in Peru, leading to a threefold increase in the cost of acquiring gaming licenses. The price for new licenses will now amount to Sol2.97m ($808,000/ £652,000/ €753,000). On the evening of May 25th, the Commission of Economy, Central Bank, Ministry of Finance, Financial Intelligence Unit, and the Congress of Peru […]
The Commission of Economy, Banks, Finance and Financial Intelligence has granted approval for the amendment of multiple law articles in Peru. One of the recently introduced regulations is related to the iGaming and online sports betting industry, which prohibits players from maintaining anonymity while playing. This move aims to curb financial fraud and potential tax […]