A new initiative in Paraguay is aiming to eliminate the monopoly on gambling in the country in order to modernize regulation.
It’s the latest in a string of attempts to alter Law No 1016/1997, Paraguay’s gambling legislation. The law currently states the “exploitation of national games of chance will be carried out exclusively by public tender”.
Paraguay’s National Commission of Gambling (Conajzar) was created by Law No 1016/1997, which gave it the right to regulate gambling throughout the country.
One of the key objectives of the new measures is to place Conajzar under Paraguay’s National Tax Revenue Directorate (DNIT). This aims to ensure it to collect more revenue and increase its efficiency by increasing its powers, allowing it to better execute its mandate.
