The reintroduction of a betting consumption tax looms over Peru, raising concerns that double taxation and a rise in black market activity could dampen growth. It’s been a huge year for gambling in Peru and industry commentators expect, thanks to recent online regulation, it could become the third largest online betting market in South America....
Tag: Apuesta Total
Post
Post
Apuesta Total CEO: There isn’t room for everyone in Peru’s regulated market
Apuesta Total CEO Gonzalo Perez expects three or four operators will dominate the newly-regulated online market in Peru, while the remaining brands will fight for single-digit market share. Law no 31557 came into effect in Peru on 9 February of this year as the government sought to regulate online gaming and sports betting in the...