Peru’s Ministry of Foreign Trade and Tourism (Mincetur) received 145 requests for operator licenses over the first 30 days after Law no 31557 came into effect.

Law no 31557, which regulates online gaming and sports betting, went into effect on 9 February.

Operators had until 10 March to apply for a licence. Mincetur had warned those already active in the Peruvian market that they could face a fine of up to Sol990,000 ($257,838) or criminal prosecution if they did not apply.

That initial application process has now closed for companies already active in Peru. The country’s minister of foreign trade and tourism, Juan Carlos Mathews, confirmed 145 requests had been received from both national and international companies.