There are many countries in South America, with different cultures and government management styles; therefore, the attitudes of different countries and governments towards gambling vary across the continent:With the continuous development of the global gambling industry, the supervision and compliance of gambling activities in various countries in South America have also received increasing attention. This article will provide valuable information to industry practitioners and relevant stakeholders by analyzing the scope of compliance in different types of gambling activities in major countries in South America. This article is only originally published on PASA, and the contents of this article are stolen elsewhere.
Compliance at a Glance
Glossary:
Retail Sports Betting
Refers to very small offline sports betting stations, usually independent small shops or betting points set up in convenience stores, bars, etc., which provide betting services for sports events.
Online Sports Betting
Refers to online sports betting, a sports event betting service provided through an Internet platform, where users can place bets online through computers or mobile devices.
Whether there is a sports license
Specifically refers to the issuance of a license for sports betting in the country, which can obtain legal protection. It is worth mentioning that in some countries (such as Bolivia), although sports betting operations are not protected by law, they will not be prosecuted even if they are operated, which belongs to the gray area.
Land Casino
Similar to the offline casino format in Macau, casinos in physical buildings offer a variety of gambling games, including slot machines, table games, etc.
Online Casinos
This does not refer to gambling platforms, but the legal operating rights of traditional casino games such as baccarat;
Whether there is a physical casino license
Specifically refers to the issuance of licenses for physical casinos in the country, which can obtain legal protection. The special thing is that in some countries (such as Brazil), although the government does not issue licenses to physical casinos, they can still obtain normal operations through special means and will not be prosecuted by law. This belongs to the gray area.
Lottery
Refers to a form of gambling that is performed by purchasing lottery tickets, which usually has a fixed draw time and a variety of playing methods, such as lotto, scratch cards, etc.
Detailed description:
Argentina
All are legal except online casinos;
Brazil
In addition to the fact that online casinos are illegal, offline casino licenses are not open; however, the legal operations of existing offline casinos, such as MAGIC CASINO, are obtained through special channels;
Bolivia
Bolivia has never issued a sports betting license, but operators can operate retail sports betting and online sports betting without being punished by law, which is a gray area;
Chile
In line with Bolivia, legislation in this sector is currently flawed;
Colombia
In line with Chile, legislation in this sector is currently flawed;
costa rica
Offline casinos are not legal, and no physical casino licenses are issued;
Ecuador
Only lotteries are legal;
Guyana
No sports licenses will be issued, and online casinos will not be allowed;
Mexico
Same as above;
Nicaragua
All legal;
Panama
All legal;
Paraguay
Online casinos are not legal;
Peru
All legal;
Uruguay
Online casinos are not legal;
Venezuela
Offline casino licenses are issued, and physical casinos are legal;
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