Apart from horse racing the only way for locals to place a legal bet is via the Codere sports betting shop linked to the Hipódromo Nacional de Maroñas racetrack as well as a few other outlets and via Supermatch the first and only officially sanctioned sports betting site in Uruguay. Te site, which is locally run and was developed locally, allows Uruguayans to bet on a number of sporting events including football from a number of leagues around the world and is seeing rising revenues.
Like Chile, Uruguay seems much more focused on regulating the online space having blocked hundreds of offshore operators from offering their services to locals over recent months. Te
In Peru the only law which specifically relates to sports betting dates back to 1942 in Peru’s Civil Code, which grants the private sector the right to enter the market as long as the company adheres to Peru’s civil code and adheres to the terms of their licence as granted to them by the municipal government. Apart from off track horse race betting shops there are a small number of other sports betting locations in Peru (around 25) such as those run by Costa Rica International Sports (BetCris).
government is also looking at possibly opening up the online market to foreign operators in a tender at some point in the future. Chile too is looking at ways to make fundamental changes to online rules.
A similar picture has begun to emerge in Argentina. While there is no federal gambling legislation each state regulates gambling as it sees fit. A number of Argentine provinces are looking at new regulations to allow for online gambling while eight provinces now all allow it. Again though there is a lack of impetus and interest on behalf of the public and lawmakers in allowing for bricks and mortar sports betting shops. Instead the focus for now is on regulating
online gambling with more provinces likely to give online sports betting the green light.
In other jurisdictions such as Peru, Paraguay and Colombia sports betting centres are already permitted and are expanding.
In Peru the only law which specifically relates to sports betting dates back to 1942 in Peru’s Civil Code which grants the private sector the right to enter the market as long as the company adheres to Peru’s civil code and adheres to the terms of their licence as granted to them by the municipal government. Apart from off track horse race betting shops there are a small number of other sports betting locations in Peru (around
NEWSWIRE / INTERACTIVE / MARKET DATA P133
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