Tag Archives: peru

Lucía Gando, Editor of SBC Noticias, reports that Peru is facing the fallout on the application of  a 1% fee on gambling wagers. As the government pushes forward with a controversial turnover-based tax, tensions have erupted between President Dina Boluarte’s congress and Peru’s licensed operators. Peru has stumbled into a political conflict on the application of gambling taxes, as President …

Peru has reported successful implementation of its new online gambling framework, as authorities prioritise  tax compliance and toughen enforcement against black market websites. Peru offers a model from which other South American nations can draw lessons to shape their own regulatory regimes. Peru’s government believes that adoption of new gambling laws and standards is going smoothly following the implementation of …

Aside from Brazil, there is another newly-regulated Latin American gambling market that has caused quite the stir with the direction it has chosen for its gambling framework. This is of course Peru, a slightly older market than Brazil, and one where operators have become anxious after the government announced a new Selective Consumption Tax (ISC) on online gaming and sports …

Peru’s Executive Branch has decided to go through with the implementation of its Selective Consumption Tax (ISC) on the nation’s online gaming sector.  Despite confirming that the ISC tax will be applied to the online gaming industry, the Peruvian government has announced that the initial 1% tax rate will be temporarily reduced to 0.3% until July.  As Gonzalo Pérez, CEO …

The Selective Consumption Tax (ISC) on online gaming and sports betting in Peru will be 0.3% until July of this year. Peruvian President Dina Boularte and the Minister of Economy and Finance, José Arista Arbildo signed a decree to establish the new rate, as reported in the Official Gazette on 19 January. The announcement responds to the regulations published in …

The government of Peru has been allowed to impose a ‘selective consumption tax’ (ISC) measure on all online gambling activities. SUNAT, the National Superintendency of Customs and Tax Administration of Peru, issued its determination to the Executive Branch on gambling taxes sought by President Dina Boluarte, as part of her administration’s overhaul of Peru’s gambling laws. Though Congress had approved …

BGaming has been granted a licence in Peru for the provision of igaming content, expanding the firm’s ambitions in Latin America.  The country’s gambling regulator Mincetur granted BGaming its B2B certification on the grounds that its technical system of gaming software and customer engagement portfolio are on par with local regulations. Through the licence, BGaming will now be able to …

WA.Technology has secured a gambling license in Peru, with approval from MINCETUR, the Ministry of Foreign Trade and Tourism. The MINCETUR license allows WA.Technology to offer its full-service iGaming technology suite, including WA.Platform, WA.Sports, WA.Casino, WA.Fantasy, WA.Affiliates, and WA.Lottery. Commenting on the company’s launch in Peru, Axel Antillon, Regional Director LatAm at WA.Technology, said: “Peru represents a significant opportunity for …

bet365 has announced its official launch in Peru, continuing its expansion across new South American markets. This morning, the independently-owned betting group debuted its bet365.pe website and mobile app, underscoring its commitment to delivering ‘a Never Ordinary’ online sports betting experience for Peruvian audiences. By launching in Peru, bet365 will engage customers with its ‘pioneering offering’ of in-play betting markets, …

Grupo CIRSA has strengthened its full-year guidance to an EBITDA range of €680-€710m, as it moves to refresh its South American profile by taking majority ownership of Apuesta Total – Peru’s market-leading bookmaker. H1 interim accounts show Blackstone-owned CIRSA surpassing the €1bn mark in net revenues. Trading during the period saw CIRSA’s casino business unit generate a 6% increase in …