Peru igaming regulations ban free bets, mandate supplier registration

Peru igaming regulations ban free bets, mandate supplier registration

Article brief provided by iGaming Business
  • Daniel O'Boyle, iGaming Business
November 15, 2022 5:28 PM

Peru will ban free bets and demos, as well as mandating registration for suppliers, as part of its effort to regulate online gambling.

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The detail comes as part of Peru’s efforts to regulate online betting and igaming. The country’s Congress unanimously voted for a bill to regulate the sectors in July, which was then signed into law in August, coming into effect 60 days later.

The law names the Ministry of Foreign Trade and Tourism of Peru (Mincetur) as the country’s official gambling regulator.

As regulator, the body established a number of rules that will apply to operators in the market, including a ban on free bets and supplier registration requirements.