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Peru introduces land-based and online gambling bill

Peru introduces land-based and online gambling bill
The proposal sets forth that the sports betting premises should operate as annexes to authorized casinos where table games and slots are operated.
Peru | 09/24/2018

Lawmakers from the “Fuerza Popular” party put forward on Tuesday bill number 03397/2018-CR, which provides for the regulation of land-based and online wagers, as well as sports betting in Peru.

T

he proposed legislation introduced in the country’s Congress by lawmakers Percy Eloy Alcalá Mateo, Mario Fidel Mantilla Medina, Francisco Javier Villavicencio Cárdenas, Juan Carlo Yuyes Meza, Wilmer Aguilar Montenegro, Israel TitoLazo Julca, and Víctor Augusto Albrecht Rodríguez seeks to regulate licensed premises within the national territory or which pay bets in the country.

The proposal sets forth that the sports betting premises should operate as annexes to authorized casinos where table games and slots are operated.

The licensing (valid for at least three years with renewal option), audit, control and evaluation related to the development of sports betting operations will fall under the authority of the Directorate-General of Casinos and Slots, body pertaining to the Ministry of International Trade and Tourism (Mincetur).

The proposed legislation provides for an adaptation period: “The companies that, to date have been operating, advertising, organizing or offering land-based sports betting have a 180-day term, as from the date in which this law becomes effective, to comply with this law. Once this period expires, the relevant authority may exercise the power conferred upon it by this law.”

At the Perú Gaming Show (PGS) traditional opening speech, Manuel San Román, current head of the Directorate-General of Casinos and Slots, went over the main topics covered by the proposed law and anticipated that Peru is close to becoming the second Latin American country to regulate online gambling on a federal level.

Download: online gambling bill (Spanish content)

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