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Legislation

Commission sends to the House of Representatives a project that seeks to regulate betting platforms

Monday 27 de November 2023 / 12:00

2 minutos de lectura

(Santiago).- The bill that seeks to regulate the development of online betting platforms continues to advance in its processing. The initiative had transversal support in the Chamber's Finance Committee, mainly in the articles associated with the taxation of the industry.

Commission sends to the House of Representatives a project that seeks to regulate betting platforms

Unanimously, the House Finance Committee sent to the floor the bill that regularly targets online betting platforms

The initiative aims to establish a competitive market, make transparent the origins and destination of the resources obtained by the industry; and grants greater powers to the Superintendency of Casinos and Games to supervise this activity.

The Undersecretary of the Treasury, Heidi Berner, defended the articles associated with taxation and confirmed that the initiative will be maintained with great urgency, since the platforms are illegal, do not pay taxes, do not guarantee rights to consumers and do not comply with the Law Data Protection.

This initiative had broad support in the commission. The independent deputy, Carlos Bianchi, appreciated that the project contemplates a mandatory contribution of 1% of gross income to actions that promote responsible gambling. Meanwhile, the Republican legislator, Agustín Romero, highlighted the fiscal contribution of the initiative, which, according to the financial report, would reach 84 billion pesos per year. 

The consulting lawyer for the main online betting houses in the country, Carlos Baeza, criticized the approval of the tax burden that the industry will have, which reaches 38%, one of the highest in the world 

The parliamentarians highlighted that 2% of the gross income from this business will be allocated to the National Sports Institute, to be distributed to federations, and the Olympic and Paralympic committees of Chile.

Categoría:Legislation

Tags: Sin tags

País: Chile

Región: South America

Event

ICE London 2024

06 de February 2024

“Uplatform is intensifying its focus on research and development:” Maria Bashkevich, firm’s Head of Marketing

(London, SoloAzar Exclusive).- In an interview with SoloAzar, Maria Bashkevich, Uplatform Head of Marketing, described her experience at the last ICE London. She also talked about the new trends for the games of chance industry and future plans of the company, among other subjects.

Monday 26 Feb 2024 / 12:00

“At Digitain we strive to put the player and our partners at the centre of the experience:” Mr Iain Hutchison, firm’s Chief Revenue Officer

(London, SoloAzar Exclusive).- Mr Iain Hutchison, Chief Revenue Officer, Digitain, granted an interview to SoloAzar in which he talked about the new range of products and features unveiled at ICE 2024. The company’s booth was a fully immersive experience which incorporated ‘YOUR SUCCESS’ as its marketing theme.

Friday 23 Feb 2024 / 12:00

NOVOVISION™ casino management solution with stunning new functionalities at ICE

(Gumpoldskirchen).- Visitor interest was high at the NOVOVISION™ corner of the NOVOMATIC stand as operators took a deep dive into the manifold functionalities that combine casino management, efficiency optimization and player satisfaction in one powerful CMS solution. New system functionalities premiering at ICE included extended mobile applications for casino staff and evolved AML functionalities, a new “eye” feature as well as the official launch of NOVOVISION™ smart and NOVOVISION™ tournament. 

Monday 26 Feb 2024 / 12:00

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