By The Weekly Edge desk · · Updated
A Peruvian association has called for harmonised betting rules across Latin America, iGaming Brazil reported. The report says fragmented regulation discourages new investors and increases operating costs.
Fragmented betting regulation increases operating costs and discourages new investors, according to the report.
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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.
The executives’ discussion highlights tax pressure alongside growth and market challenges for gambling businesses in Peru.
SPA’s conference participation brings Brazilian regulators into discussions with international authorities about the gambling market’s future.