by Giovanni Shorter | Aug 15, 2022 9:57 am | Regulatory
Peru President Pedro Castillo has officially signed online gambling and sports betting into law. The iGaming market is projected to gross $40 million USD annually from revenue from online operators. No launch date has been set yet for sportsbooks to go live. LIMA,...
by Giovanni Shorter | Jul 18, 2022 1:52 pm | Regulatory
The Plenary of Congress has approved Peru’s the sports betting tax rate for the forthcoming market. Congress approved 12% on taxes for all regulated betting. The tax revenue will be divided amongst Public Treasury, the Peruvian Sports Institute (IPD), and the Ministry...
