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160 million soles a year will be collected by a new law regulating online gaming and betting

Eduardo Sevilla was at La Rotativa del Aire this morning. | Font: PTR

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New law governing games D sports betting remotely will allow collecting up to 160 million salts per year, said Edward SevilleDirector of the Department of Casino Games and Slot Machines of the Ministry of Foreign Trade and Tourism (minquetour).

AT Rotary airThe official mentioned that the new law would have 48 articles “in accordance with international regulation”, allowing the collection of 160 million salts per year.

According to Sevilla, there are at least 13 bookmakers in the country, but foreign ones are registered in three specific locations: Curaçao, Malta and the Isle of Man. Companies can move up to one billion dollars.

“Sixty days after the publication of the Regulations, the rule enters into force. It was made public yesterday (August 12) and published in the reprint of the Legal Norms of the Official Gazette. Peruvian man“, – says Sevilla. “All these days, national and foreign private companies will be able to send their requests and requirements. They can also receive authorization and registration.

What will this money be spent on?

According to Sevilla, there are already objects for investment in the money raised.

20% of the amount will go towards promoting mental health and combating gambling afflicted populations, an evil that these laws seek to reduce in cases. Another 20% will be allocated to the Peruvian Sports Institute (IPD) to promote sports among young people so that they can unconditionally resist the stakes.

Finally, 20% will go to the State Treasury and the remaining 40% will be used to develop tourism in the country.

“We are going to avoid the growth of informality. When a country regulates online gaming and sports betting, serious investment comes in that creates decent employment and taxes,” he says. “A company that allows minors to bet will be immediately sanctioned with the revocation of the permission to operate these online games in Peru,” Sevilla concluded.

legal process

The plenary session of Congress approved a bill that proposes to regulate the operation of remote games and remote sports betting. This opinion received 91 votes in favour, 0 against and 7 abstentions. In addition, it was exempted from the second vote, for which it will be sent directly to the executive branch for its promulgation.

The rule states that minors, athletes, referees, referees, coaches and others will be prohibited from participating in remote games and/or remote sports betting.

A system of violations and sanctions has also been established. The latter range from a reprimand, a fine of 1 to 200 UIT, cancellation of an administrative permit, a 10-year ban, and a permanent ban.

In addition, it provides for the creation of a tax on remote games and remote sports betting, which will be monthly.

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Source: RPP

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