Peru Changes Gambling License Regulations

The government of Peru has passed through a series of changes to the regulation of gambling, with the price of licenses going up over 300% to 2.97 million SOL.

The move was approved of by the country's Commission of Economy, Central Bank, Ministry of Finance, Financial Intelligence Unit and the Congress of Peru, which will change fees and taxes on gambling. There will now be a 12% point of consumption tax on gambling, and will end retail licensing of betting shops. Instead, these areas will have to put up a warranty of 24,750 to offer gambling services.

There will also be the establishment of Know Your Customer regulations, which will require gamblers to register and deposit with betting groups. Online betting through Peruivian web domains will also be available.

Those who violate these new regulations will be subject to fines, loss of licenses, and up to four years in jail for extreme cases.

The changes will go into effect 120 days after the publication of the law.

About the author

Dustin Jermalowicz // News Editor
Dustin Jermalowicz
Dustin has a long-standing passion for gambling. He has been writing professionally on the subject and breaking industry news for Casino Listings since 2011. His favorite casino games include Blackjack, Poker, and Hi/Lo. A proud native of Detroit, Dustin currently lives in Michigan.
1 reply • Last post


Forum AngelForum Angel
Location: The North
Joined: 6 Apr 2016
Posts: 3843
Thanks given: 340
Thanks received: 1125
30 May 2023 - 9:51am

It seems that regulators are constantly finding ways to earn more money- they see how lucrative the business is. Interested to see if it will affect the end users.

Post new comment

Have something to say? Agree or disagree? Tell us what you think!

Login using your social network account
Or log in with a Casino Listings account

Login or register to post comments

Registering for an account takes less than a minute and you will be brought right back here to comment afterwards.