GENERAL INFORMATION
Peru, country in South America, is the third largest country in the continent. Te capital is Lima, which is the entryway to the magnificent Machu Picchu.
34,352,719 people was the estimated population of Peru in 2023.
US$267,600,000,000 was the Gross Domestic Product (GDP) in 2023.
US$7,790 was the Gross Domestic Product per capita in 2023.
US$520*
per month was the average salary between January and March of 2024. *Converted from PEN to USD as for July of 2024: 1 USD = 3.80 PEN. CORRUPTION PERCEPTION INDEX
Peru has an index of 33, ranked 121 and shares its position with Mongolia and Uzbekistan.
79.1% Percentage of Peruvians used the Internet at the beginning of 2023.
WIDESPREAD WAYS OF E-COMMERCE PAYMENTS
Credit cards are the most popular payment method for online purchases, accounting for 40 per cent of all transactions in 2021. Te main credit card brands accepted in Peru are Visa, Mastercard, and American Express. Debit cards accounted for 25 per cent, and bank transfers three per cent of the population.
Other top payment methods in Peru are the services of Pago Efectivo, BCP, and Caja Huancayo.
MOST POPULAR INTERNET COMMUNICATION
As of 2023, Facebook stands as the most used Social Media Platform in Peru, followed by WhatsApp and then Instagram, ranking at third place as the leaders of Social Media Platforms in Peru.
MARKET SIZE
US$653 996 412 made up the Gross Gaming Revenue (GGR) in 2023.
REGULATED VERTICALS • License for operating Casinos / Slot Machines • License for Online Gambling / Sports Betting
• Agreement to operate Lottery Games (available directly through Charitable Foundations or through a partnership with existing operators)
NUMBER OF ISSUED LICENSES (AVAILABLE) • Casinos & slots outlets – 710 • Slot machines - 141,953 • Online gambling - 67 • Sports betting outlets – 2,638 • Charitable lotteries - 10
GOVERNMENT AUTHORITIES RESPONSIBLE FOR REGULATION OF GAMBLING BUSINESS
General Directorate of Casino Games and Slot Machines Website:
https://consultasenlinea.mincetur.gob.pe/casinos/ COST & TERM OF THE LICENCE
Te cost of the Peru licenses is an annual guarantee that is provided through a bank deposit, bank guarantee, and/or surety bond.
License for operating Casinos & Slot Machines Duration: 3 years, with the possibility of renewal. Annual costs:
Casinos installed in a five-star hotel or a five-star restaurant - US$ 677,800 Casinos installed in a four-star hotel - US$ 542,200 Casinos installed in a three-star hotel - US$ 406,700 Gaming machines: US$1,350 per machine.
It must be noted that for casino games and slot machines licenses, the fees in each case are independent. Local License for Online Gambling and/or Sports Betting Duration: Six years, can be renewed for six years.
Annual cost: Tree per cent of Annual Net Income OR ~US$813,300, whichever is higher.
TAXES AND FEES PAID UNDER GAMBLING LAWS. HOW THEY ARE CALCULATED Tax Type
Monthly Gambling Tax Taxable Base Tax Rate GGR All verticals are taxed at agreement between the operators and organisations P14 WIRE / PULSE / INSIGHT / REPORTS
Slot Machines Consumption Tax Monthly income per slot machine
12 per cent, while lottery – US$ 20. Income from ~ US$ 1,350 games’ tax rates vary depending on the
Income less than ~ US$ 1,350 to 4,000 – US$ 101, Income more
than ~ US$4,000 – US$ 365
Casinos Consumption Tax
Monthly income per gaming table and\or slot machine
Income less than ~ US$5,400– US$162
Income from US$ 5,400 to 13,500 – US$ 430. Income more than
~ US$ 13,500 – US$ 970.
PERU market report
first contact for expansion 4H Agency
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