Peru’s Civic Works Party proposes raising online betting tax to 5%
The proposed tax could affect licensed operators’ profitability and decisions to remain in Peru.
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The proposed tax could affect licensed operators’ profitability and decisions to remain in Peru.
The proposal could change the tax burden on online betting operators and bettors, though the bill says the impact may be absorbed, passed on or shared.
Fragmented betting regulation increases operating costs and discourages new investors, according to the report.
The closures remove unauthorised betting and gaming equipment from two Peruvian regions, including machines intended for minors.
The executives’ discussion highlights tax pressure alongside growth and market challenges for gambling businesses in Peru.
Unauthorised platforms serving users in Peru face blocking under coordinated enforcement of the country’s gambling law.