Legislation

New amendments to the sports betting law are being prepared in Peru

Friday 05 de April 2024 / 12:00

⏱ 1 min read

(Lima).- In October 2023, the Ministry of Foreign Trade and Tourism (Mincetur) published the regulations of law No. 31557, which creates the tax on online sports betting games. With this, since April nearly 50 companies that offer this type of services in Peru began to pay 12% of their net profit to the State. However, several changes are still to come. The Minister of Economy argued that, since in-person games are already subject to taxes, it is fair and equitable that remote games are also subject to the same tax regime.

New amendments to the sports betting law are being prepared in Peru

Even though this law contemplated that non-domiciled (foreign) companies should be taxed, the process was not clear. Therefore, the Congress of the Republic made modifications to Law No. 31557. Despite all this, it seems that there are still obstacles for this to come to fruition, since the Ministry of Economy and Finance (MEF) points to new changes.

In the parliamentary session where the Adrianzén Cabinet requested the vote of confidence, the Minister of Economy and Finance, José Arista, announced the intention of the Executive Branch to present a rule to modify Law No. 31557 with the objective of regulating various aspects for the application and collection of tax on remote gaming and sports betting.

Minister Arista emphasized the need to establish a regulatory framework that allows the proper payment and declaration of this tax by foreign betting companies operating in Peru. He argued that since in-person games are already subject to taxes, it is fair and equitable that remote games are also subject to the same tax regime.

This proposal, if approved by Congress, would have significant implications in the field of online gaming and betting platforms, but above all, in public revenue.

Law No. 31557, which was approved in August 2022, had not been regulated for more than a year. Then it was modified in June of last year, when it was realized that its wording only taxed national companies and left out those that operate online, which represent 70% of remote gaming and sports betting activity.

Categoría:Legislation

Tags: Sin tags

País: Peru

Región: South America

Event

BiS SiGMA South America 2026

06 de April 2026

Viviana David Discusses IGT PlayDigital's LATAM Growth Strategy

(São Paulo, SoloAzar Exclusive).- At BiS SiGMA South America, Viviana David, Head of Commercial LATAM at IGT PlayDigital, shared insights on the company’s vision for Brazil and the wider Latin American market. In this interview, she discusses the opportunities driving IGT’s participation, the business connections forged, and how innovative digital solutions are shaping the future of iGaming across the region.

Monday 18 May 2026 / 12:00

Fast Track Showcases AI-Powered CRM Innovation at BIS Sigma South America 2026

(São Paulo, SoloAzar Exclusive).- At the recent BIS Sigma Edition, Fast Track highlighted how its AI-driven CRM solutions are reshaping operator strategies in Brazil’s newly regulated iGaming market. Muriel Le Senechal, Regional Commercial Manager for LatAm, shared insights on the industry’s shift from acquisition to retention, emphasizing the role of automation, personalization, and real-time engagement in driving sustainable growth.

Tuesday 12 May 2026 / 12:00

Pay4Fun’s Leonardo Baptista on BiS SiGMA South America 2026: Regulation, Market Maturity and Brazil’s Expanding Opportunities

(São Paulo, SoloAzar Exclusive).-In this interview at BiS SiGMA South America 2026, Leonardo Baptista, CEO and co-founder of Pay4Fun, shares insights on the event’s strategic importance for the Latin American gaming industry. He highlights the growing maturity of regulatory discussions, the increasing focus on compliance and sustainability, and the expanding opportunities in Brazil—one of the most promising regulated markets globally.

Thursday 07 May 2026 / 12:00

SUSCRIBIRSE

Para suscribirse a nuestro newsletter, complete sus datos

Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.