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The project that regulates online betting advances in Chile

Thursday 01 de June 2023 / 12:00

2 minutos de lectura

(Santiago de Chile).- The Economic Commission of the Chilean Chamber of Deputies approved with a large majority the idea of legislating regarding the Bill that regulates the activity of online betting platforms. Good news for the industry and platform users.

The project that regulates online betting advances in Chile

Chile is one of the Latin American markets that is in the process of establishing regulations for the online gaming and sports betting industry. In this sense, on May 30, a new progress was made in this direction, since the Economic Commission of the Chamber of Deputies approved the idea of legislating a Bill that regulates the development of online betting platforms.

This result marks a milestone in the legislative process, since it implies that there is a formal agreement, by the majority of the members of the Commission, to regulate online betting platforms.

The lawyer Carlos Baeza, representative of Latamwin, Betano, Betsson and Coolbet points out that this is "an excellent sign, because, if it advances, it will place the country in 73% of the OECD countries that have regulated the operation of the platforms of online betting in a comprehensive way, addressing the institutional, tax and advertising dimensions of the industry. The regulation will allow users to distinguish the platforms that meet the requirements set forth in the regulations, and this goes in the direction of what we have always defended, which is a completely legal activity”.

He also highlights that "although we see room for improvement, we have maintained that this is a very good project, which will lay the foundations for clear, modern, and transparent regulations, with the aim to generate competition, safeguard public faith, protect the health and safety of the players”.

Baeza, who is a member of the prestigious International Masters of Gaming Law (IMGL) network, which brings together more than 300 world experts on the challenges of the industry, also appreciated the technical table promoted by the Ministry of Finance and developed jointly with the Economic Commission of the Chamber of Deputies, because in his opinion, it has allowed the necessary progress and agreements for the processing of this project.


Tags: online gaming, Live Betting,

País: Chile

Región: South America


SBC Summit Barcelona 2023

19 de September 2023

Sportradar presented ORAKO sportsbook solution at the SBC Summit Barcelona 2023

(Barcelona, Exclusive SoloAzar).- Mateo Lenoble, regional sales Director EMEA/LATAM sales at Sportradar, granted an interview to SoloAzar about the recent participation of the company at SBC Summit Barcelona. He shared the ORAKO sportsbook solution showcased on Stand SB22.

Friday 22 Sep 2023 / 12:00

The long-awaited third edition of SBC Summit Barcelona is being held this week

(Barcelona, Exclusivo SoloAzar).- SBC Summit Barcelona returns this week to Fira de Barcelona Montjuïc for its third edition, in what promises to be the biggest ever SBC event. The pre-registration was held yesterday in what proved to be a great meeting that gathered all the exhibitors that today began to showcase their products and services at the exhibition zone. SoloAzar is covering the trade show with all the novelties.

Wednesday 20 Sep 2023 / 12:00

EGT Digital will shine with its latest products at SBC Summit Barcelona 2023

(Sofia).- SBC Summit Barcelona 2023 is the next event on EGT Digital’s calendar, where the iGaming provider will demonstrate the latest novelties in its portfolio. Guests can see them at stand CG20 on 20 and 21 September.

Tuesday 19 Sep 2023 / 12:00


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