Peru will ban free bets and demos, as well as mandating registration for suppliers, as part of its effort to regulate online gambling.
The detail comes as part of Peru’s efforts to regulate online betting and igaming. The country’s Congress unanimously voted for a bill to regulate the sectors in July, which was then signed into law in August, coming into effect 60 days later.
The law names the Ministry of Foreign Trade and Tourism of Peru (Mincetur) as the country’s official gambling regulator.
As regulator, the body established a number of rules that will apply to operators in the market, including a ban on free bets and supplier registration requirements.
These rules are subject to a consultation, with stakeholders able to submit their opinions until 2 December.
Free bet ban
The regulations state that operators may not offer any type of remote betting or gaming for free, whether this is for promotional purposes or for education such as through a demo of a game.
If an operator ..