Regulation of online platforms in Chile: Why it is important for a new industry to emerge on legitimate cause
Monday 02 de October 2023 / 12:00
2 minutos de lectura
(Santiago de Chile).- The Economy Commission of the Chamber of Deputies has been working on the bill that will regulate the activity of online gambling platforms in Chile, to which Latamwin, a Latin American company of services and technological solutions for online gaming companies and platforms, has set itself the objective of collaborating and supporting all actions that lead to regulation within the country.
The services offered by international platforms within Chile work in a similar way to Spotify, Netflix and so many other technological developments, which is why it requires regulation to function fairly.
In this sense, Carlos Baeza, a lawyer advising online gambling platforms Latamwin, Betano, Betsson and Coolbet, explains how a technology industry can emerge in Chile under legitimate causes. He also emphasises that the Chilean state has expressly stated the need to regulate the online gambling industry in order to increase tax revenue and protect users.
Support for the regulation process
"All international companies that are not domiciled or resident in Chile, such as Netflix, Spotify, Sony, Apple, are obliged to pay only one tax: digital VAT. That tax is the one that the platforms paid until December 2022 and that from January 2023 could no longer be paid because the Internal Revenue Service blocked that possibility," said Baeza with respect to tax collection.
At the same time, he indicated that "the regulation includes the obligation to establish themselves in Chile and to pay all the taxes that are determined, which of course we fully agree with. This is something that we have consistently supported throughout the processing of the regulation project".
This is how regulation will make the online platforms market an attractive alternative for the development of new companies and professionals in the field of technology and digital services. This provides new opportunities and opens up the possibility of growth for startups focused on this area, for the consolidation of a sustainable and competitive industry.
Categoría:Legislation
Tags: Sports Betting, Sportsbook , betting software, LATAMWIN,
País: Chile
Región: South America
Event
SiGMA Central Europe 2025 Closes First Edition with High Attendance and Roman-Inspired Experiences
(Rome, Exclusive SoloAzar) - The first edition of SiGMA Central Europe in Rome came to a close, leaving a strong impression on the iGaming industry. With thousands of attendees, six pavilions brimming with innovation, and an atmosphere that paid homage to Roman history, the event combined spectacle, networking, and business opportunities. It also yielded key lessons for future editions.
Friday 07 Nov 2025 / 12:00
Innovation, Investment, and AI Take Center Stage on Day 3 of SiGMA Central Europe
(Rome, SoloAzar Exclusive).- November 6 marks the final and most dynamic day of SiGMA Central Europe 2025, with a packed agenda that blends cutting-edge tech, startup energy, and investor engagement. With exhibitions, conferences, and networking opportunities running throughout the day, Day 3 promises to close the event on a high note.
Thursday 06 Nov 2025 / 12:00
SiGMA Central Europe Awards 2025: BetConstruct Wins Innovative Sportsbook Solution of the Year
(Malta).- BetConstruct has been recognised at the SiGMA Central Europe Awards 2025, receiving the Innovative Sportsbook Solution of the Year award. This achievement highlights the company’s continued focus on elevating retail betting experiences and supporting operators with solutions that create measurable business value.
Wednesday 05 Nov 2025 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.