Tag Archives: Ecuador

Daniel Noboa, President of Ecuador, has re-authorized the advertising of sports betting and gambling on media networks across the Andean nation. The decision follows President Noboa’s withdrawal of specific articles of Executive Order 421, which had been imposed on Ecuador’s Organic Law on Communication by the former government of Guillermo Lasso Mendoza in 2023. After taking office in January 2024, …

Ecuador’s Internal Revenue Service (SRI) has confirmed that a total of 65 sports betting companies have agreed to pay the national 15% tax. Revealed by SRI’s Director, Damián Larco, the applicants’ number consists of 63 regional and two foreign sports betting companies – with the sports betting registry introduced in July following the approval of the Law on Economic Efficiency …

After recent events in Ecuador saw the South American state sink into civil unrest, President Daniel Noboa has decided to withdraw a question on casino regulations from the recently launched public consultation on the country’s prospects.  At the beginning of January, Noboa gave Ecuador’s Constitutional Court 20 days to hand out a public notice on a list of questions regarding …

Ecuador’s President Daniel Noboa has given the Constitutional Court 11 questions to survey the country’s population as part of a Public Consultation, some of which will focus on the betting and gaming industry.  Sent by Noboa on 2 January, the Constitutional Court will have 20 days to hand out notices about the questions, the last of which will focus on …

Conflicts loom in Ecuador as LigaPro opposes the “Organic Law on Communications” signed by President Guillermo Lasso. Under deliberation since November 2022, the Law, which mandates “the prohibition of advertising sports betting houses in Ecuador”, was signed by President Lasso on Monday. The controversial law was drafted to eliminate former policies of President Rafael Correa, who during his tenure authorised …

Guillermo Lasso, President of Ecuador, has published a tax reform proposal aimed at improving the economic recovery and fiscal standing of the South American nation. Personally drafted by Lasso, the proposal forms part of an ‘urgent economic project’ and will be put forward to the National Congress of Ecuador, who will be given a 30-day period to review the proposal …