The Congress of Chile has announced that it will establish an ‘Investigative Commission‘ to evaluate existing rules on sports betting advertising and to make recommendations on which changes should be applied as the government aims to launch a regulated online gambling marketplace in 2023.
Sports Minister Jaime Pizarro will lead the initiative, which within its remit has been tasked with reviewing Chilean football clubs’ existing commercial relationships with gambling firms (both foreign and domestic).
2023 has seen Chilean government departments work on Bill 035/2022, which seeks to liberalize Chile’s gambling marketplace, overhauling its current monopoly makeup restricted to three businesses: Loteria Concepción, Polla Chilena (football pools), and Teletrak Chile (pari-mutuel horse racing).
