Paraguay seeks applicants to be exclusive sports betting operator

Paraguay seeks applicants to be exclusive sports betting operator

Article brief provided by SBC Americas
  • Jessica Welman, SBC Americas
September 7, 2022 11:14 PM
  • Jessica Welman, SBC Americas

Paraguay is seeking an operator to partner with the country to offer sports betting. The government’s gaming regulator, Corajzan, put out the call for applicants to be the country’s exclusive sports betting provider.

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Corajzan will narrow down the field of applicants to finalists, which the group will announce on Oct. 31. Interested applicants need to be willing to pay a 60 million guarani (~$8,700) application license fee to the national treasury. The company would also need to commit to building an office and putting down some sort of roots in the capital city of Asunción.

The announcement comes after Corajzan’s recent efforts to limit and crack down on offshore gambling operators in the country.