Study Calculates the Economic and Social Cost of Online Betting Platforms at up to $1.2 Billion - La Tercera
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5 Articles
The legislative discussion on the regulation of online betting platforms in Chile has taken a new turn after the recent general approval of the project by the Finance Commission. This progress, achieved under the presidency of Senator Ximena Rincón, has accelerated the legislative process of an initiative promoted by the grouping of Online Platforms, led by lawyer Carlos Baeza. However, the debate is far from closed, as divergent positions persi…
A substantive breakthrough achieved the project that regulates online betting platforms after the Senate Chamber approved it in general by 27 in favor, three against and five abstentions.
The regulation will focus on the formalization of online betting platforms and the protection of the well-being of players. To read the full article, visit The Times in Spanish Source
The Minister of Finance emphasized that “this project regulates an activity that, since the first version of the bill entered into Congress in March 2022, has had a very substantial expansion outside the law, in the eyes of everyone, without paying taxes, without complying with rules.”
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