Regulation
SkillOnNet Secures License to Operate in Peru
SkillOnNet Expands Latin American Presence with Peru License
SkillOnNet is breaking new ground in Latin America!
The leading online casino operator has secured a license to operate in Peru, opening up exciting opportunities for local players.
Discover how SkillOnNet’s renowned gaming portfolio will now be accessible through PlayUZU.pe, featuring localized Spanish content.
Stay updated on this major expansion and explore the innovative games now available in Peru’s regulated market.
SkillOnNet, a prominent name in the online casino industry, has secured a license to operate in Peru. This milestone, granted by Peru’s Ministry of Foreign Commerce and Tourism (MINCETUR), marks a significant expansion for SkillOnNet into the newly regulated Latin American market.
With this license, Peruvian players can now access SkillOnNet’s extensive portfolio of casino games through its flagship brand, PlayUZU.pe, which features localized Spanish language software tailored specifically for the Peruvian audience. This move aligns with SkillOnNet’s strategy to provide customized gaming experiences to meet the diverse needs of players across different regions.
Regulatory Framework in Peru
Peru’s online gambling sector has been active for some time, but it reportedly lacked a formal legal licensing framework until August 2022. It was then that Peruvian legislators passed a comprehensive law to regulate gambling activities. These regulations officially took effect in February 2024, creating a structured environment for online gambling operations.
The new regulatory framework opened a 30-day window for license applications, during which SkillOnNet successfully applied for and secured its license. This approval allows the company to operate legally and ensures that its offerings comply with local regulations, enhancing player safety and trust.
SkillOnNet’s Global Expansion
This latest expansion into Peru follows SkillOnNet’s successful entries into other regulated markets, including Mexico and Buenos Aires City. The company already operates several renowned gaming brands in numerous jurisdictions worldwide, including Portugal, Germany, the UK, and North America.
In July 2024, SkillOnNet further bolstered its casino game library in Ontario by integrating content from the UK-based 1X2 Network. This partnership allows Ontario players to access popular games from Iron Dog Studio, Prospect Gaming, 1X2gaming, and more through SkillOnNet’s Ontario brands such as PlayOjo and SlotsMagic. The addition of exciting titles like Arriba Heat, Mr. Porky Banker, and Prospector Wilds demonstrates SkillOnNet’s commitment to delivering diverse and engaging content to its players.
In June 2024, the company enhanced its Ontario offerings by adding IGT PlayDigital content, including fan-favorite games like Cleopatra Legacy and Double Gold. This expansion was part of an ongoing effort to provide high-quality gaming experiences across its platforms. Additionally, in May 2024, SkillOnNet secured a global content deal with Spinomenal, incorporating popular titles such as Queen of Ice and Baba Yaga Tales into its online casino brands.
Strategic Vision and Market Impact
SkillOnNet’s CEO, Richard Schwartz, emphasized the strategic importance of the Peru expansion: “Securing this license aligns perfectly with our vision to increase our global footprint, particularly in established and emerging markets like Peru. We’re thrilled to offer our best-in-class gaming experience to Peruvian players through PlayUZU.pe.”
The acquisition of the Peruvian license is a testament to SkillOnNet’s robust compliance and operational capabilities. It also underscores the company’s commitment to responsible gaming, ensuring that players have access to safe and regulated gaming environments.
Simone Pachera, CEO of Octavian Group, expressed confidence in the partnership: “We’re excited to collaborate with SkillOnNet and bring a new level of gaming experience to the Peruvian market. This partnership will significantly enhance Idealbet’s growth and offer renewed energy to our players.”
Conclusion
SkillOnNet’s entry into the Peruvian market represents a significant step in its Latin American expansion strategy. With its proven operational expertise and a strong portfolio of engaging games, the company is well-positioned to capture the interest of Peruvian players and set new standards in the region’s online gaming industry. Stay tuned for more updates as SkillOnNet continues to expand its global presence and deliver top-tier gaming experiences worldwide.