Peru Regulates Online Gambling, Cuts Illegal Sites
Key Takeaways
Peru has achieved visible success with the introduction of a regulated online gambling market. One year after the enactment of Law No. 31,557, the number of illegal digital gambling offerings has dropped by 40%. At the same time, over 60 platforms and 280 service providers have officially registered. The government is relying on strict oversight, cooperation with payment service providers, and international standards.
Law No. 31,557: One Year of Regulation
Since February 2024, Peru has been among the few countries in Latin America with a clearly regulated online gambling market. Law No. 31,557 establishes a legal framework for digital gambling and sports betting. The goal is to formalize the market, push back illegal operators, and create a safe environment for players.
Decline in Illegal Operators
According to Peru’s Ministry of Foreign Trade and Tourism (Mincetur), the number of unlicensed gambling websites has decreased by 15%. Overall, a 40% reduction in illegal online offerings has been recorded. A key lever: cooperation with financial service providers to block payments to unauthorized operators.
Growth of the Legal Market
Alongside efforts to combat illegal offerings, the legal market is expanding. Over 60 online platforms and 280 service providers have been officially registered. In addition, more than 680 new betting shops have opened since the end of 2024. This brings the total number of land-based betting locations to 4,516.
International Standards and Certifications
Nine international testing laboratories have been recognized by the government. These labs certify the technical systems of providers and ensure compliance with safety and fairness standards. This strengthens user trust and facilitates market oversight.
Increasing Tax Revenue and Investment
Regulation is leading to increased tax revenue from the gambling sector. At the same time, the market is attracting new investments in the digital entertainment sector. This supports economic development and creates jobs.
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Focus on Responsible Gambling
In addition to regulation, Peru is focusing on education. Campaigns aim to raise awareness about responsible gambling. Collaboration with gambling associations is intended to protect vulnerable groups and promote a safe gaming environment.
Our Assessment
Peru demonstrates how regulation in the online gambling sector can work. The decline in illegal offerings, the growth of the legal market, and the introduction of international standards point to a well-thought-out approach. Particularly noteworthy is the close cooperation with payment service providers and testing laboratories. For players, this means greater safety and transparency. For operators, it creates clear regulatory conditions. A model that could serve as an example for other countries.
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