After the legalization of the gambling market in Paraguay in 2025, the industry experienced explosive growth, with annual gambling revenues reaching $32.6 million, setting a historical record. Cases of cross-border gambling market openings can be referenced on the PASA official website.
Market Performance: Record High Revenues and Strong Growth Momentum
According to data released by the Paraguayan gambling regulatory authority Conajzar, the country's gambling market revenue reached 215.9 billion Guarani (about $32.6 million) in 2025, a 22.9% increase from 175.8 billion Guarani in 2024.
This achievement broke historical records, with only January's revenue falling below 1.6 billion Guarani and September reaching a peak near 2 billion Guarani. The strong growth momentum confirms the positive effects of market liberalization reforms and has positioned Paraguay prominently in the South American gambling market.
Core Reforms: Legal Deregulation + Regulatory Adjustments Dual Drive
The law signed on May 7, 2025, number 7348/2025, marks a turning point for the Paraguayan gambling industry, with core reforms including:
Breaking the monopoly structure and establishing a regulatory framework for private operators, replacing the previous "gambling operations only through public tender" provision, allowing for fuller market competition;
Adjusting the regulatory framework, placing Conajzar under the jurisdiction of the National Tax Administration (DNIT), which not only strengthens regulatory power but also aims to improve tax collection efficiency.
Conajzar Chairman Carlos Licerias has stated that the reform goal is to double the state financial contribution of the gambling industry. Although this goal has not yet been achieved, the 22.9% year-on-year growth has given the regulatory body and government hope.
Future Outlook: License Bidding + Cross-Border Cooperation Expansion
The potential of Paraguay's gambling market continues to unfold, with key future plans including:
Sports gambling license bidding, currently only Aposta.la holds a sports gambling license (expiring in 2028), with bidding for the remaining two licenses expected to start in 2026, further activating the market;
Deepening cross-border cooperation, Conajzar has signed cooperation agreements with several countries' related agencies and plans to continue expanding the scope of cooperation, while also coordinating with other domestic agencies to optimize operator operations and strengthen regulatory control.
Licerias emphasizes that Paraguay not only has legal guarantees for the deregulation of gambling but also boasts the lowest tax burden in Latin America, coupled with rich tourism resources, making it highly attractive to private enterprises and potentially becoming a core node in the South American gambling market.
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This article is from "PASA-Global iGaming Leaders" gambling news channel:https://t.me/pasa_news
Original in-depth gambling channel:https://t.me/gamblingdeep
Free data reports: @pasa_research
PASA Matrix: @pasa002_bot
PASA official website: https://www.pasa.news
