INSIGHT LATIN AMERICA
LatAm Regulatory Update
It’s been yet another busy and tumultuous year in the Latin American gaming market. While
there have been several setbacks very generally speaking progress is being made in a number of jurisdictions and on a number of fronts.
Chile looks like it could pass its online gambling bill by the end of the year. Te market in Argentina, usually so steeped in controversy, seems to be settling down a degree, so there is remarkably little to update for a change.
Authorities in Colombia, on the other hand, continue to make major headway in their fight against illegal gambling amidst an increasingly tense political landscape. Peru has made some progress in tightening up its online gambling laws, which were passed a year ago, although it’s still a pretty murky picture as to what online gambling will actually look like eventually. It’s another story altogether in Mexico where the industry is still straining under the weight of legislation, which dates back to the 1940s.
All in all, it’s the usual complex picture in a region where changes can be very hard to keep tabs upon. Tis is especially true when it comes to Brazil. While the government seeks to put forward its sports betting measure, not a week seems to go by without a lawmaker proposing their own gaming bill, muddying the waters further, while evangelical lawmakers have been busy proposing their own anti-gambling bills in order to try and scupper any liberalisation of the market. Overshadowing all of this is a match-fixing scandal that has made headlines around the world.
ARGENTINA
From a regulatory standpoint at least it’s been a relatively quiet year in Argentina. Te government of Mendoza awarded five online
WIRE / PULSE / INSIGHT / REPORTS P59
licences to five groups after receiving the endorsement of the State Prosecutor’s Office in April. Te companies selected are recognised multinational brands, which have partnered with operators already present in Mendoza.
Meanwhile, the Lottery of Córdoba is moving closer to finally launching online gambling in the province having published contracts for the new operators in its Official Gazette. However, online gambling will not be permitted in the capital according to local officials.
Any positive news has to be taken in a much wider context. Argentina’s economic downturn continues to worsen with no end in
The government of Mendoza has
awarded five online licences to five groups after receiving the
endorsement of the State Prosecutor’s Office in April. The
companies selected are recognised
multinational brands, which have partnered with
operators already present in Mendoza.
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