Gambling Regulations in Peru: A Complete Overview
Since the legalisation of land-based casinos in 1979, Peru’s gambling scene has undergone significant regulatory changes, which involved regulations concerning online gambling. After the issuance of the first online casino licence in 2008, the industry continued to grow with steps taken towards a robust regulatory framework. Key highlights of Peru’s online gambling regulations include the following:
- The Ministry of Foreign Trade and Tourism (MINCETUR) is the national administrative authority in charge of regulating, implementing, and overseeing all aspects of online gaming and sports betting.
- In August 2022, Peru introduced a legal framework for gambling by passing Law No. 31557, later amended by Law No. 31806. These laws created a comprehensive system to regulate most gambling activities in the country.
- To further clarify the rules, Supreme Decree No. 005-2023 was issued in 2023, laying out detailed guidelines for online sports betting and other real money gaming services. This new law has attracted both domestic and international online casino websites and has transformed the industry from a grey one to a tightly regulated one.
- As of April 2024, all operators that wish to get access to Peru’s gambling scene must have a valid licence from the Directorate General of Casino Games and Slot Machines in the country.
- Moreover, according to the new legislation, a tax rate of 12% of the Gross Gaming Revenue (GGR) has been set for operators, of which, 40% will go to MINCETUR for control and oversight of the gambling sector.
- Despite strict regulations, the government of Peru has no specific restrictions regarding international operators. Therefore, Peruvian players can access offshore casinos to play games.