Latam & Carribean
Peru Pioneers Online Gambling Regulation: A New Horizon for the Gaming Industry
Peru’s strides towards creating a regulated, secure, and responsible online gambling market are commendable. By authorizing certification laboratories and service providers, such as Asensi Technologies and GLI, Peru is setting high standards for market entry and operation. This regulatory milestone not only enhances the country’s economic landscape through a regulated economic movement and tax payments but also ensures a safe gambling experience for Peruvian citizens. As Peru prepares for the full implementation of its online gambling law, the industry watches closely, anticipating the ripple effects this pioneering regulation will have across Latin America and beyond.
A Leap Towards Regulated Online Gambling in Peru
Peru’s Ministry of Foreign Trade and Tourism (Mincetur) has embarked on an ambitious journey to regulate the burgeoning online gambling and sports betting sector. Within the first 24 hours of opening the registry, four international certification laboratories and 20 service providers have been authorized, marking a significant milestone in the country’s efforts to foster a secure and responsible gambling environment.
Swift Accreditation Signifies Market Readiness
The swift accreditation process underscores the eagerness of international laboratories and service providers to participate in Peru’s regulated online gambling market. Among the first to receive authorization was Asensi Technologies, a testament to their commitment to excellence and compliance with Peru’s regulatory standards.
Asensi Technologies: Leading the Charge
Asensi Technologies’ accreditation is a clear indicator of Peru’s rigorous vetting process, ensuring that only entities with a proven track record in upholding gaming integrity and regulatory compliance are authorized. Aurora Merino Salas, CEO of Asensi Technologies, expressed excitement about the opportunities this accreditation opens up for the company in providing assessments and certification services in Peru.
Gaming Laboratories International (GLI): A Trusted Partner
Following closely, Gaming Laboratories International (GLI) became the second entity to receive accreditation. With over 26 years of experience in Peru, GLI has played a pivotal role in shaping the regulatory framework and establishing standards for the industry, highlighting the importance of trusted partnerships in ensuring market integrity.
A Regulatory Framework Designed for Security and Responsibility
The Peruvian government’s proactive approach, led by Minister Juan Carlos Mathews, aims to regulate online gaming and sports betting with a focus on security, responsible gaming, and formality. The implementation of Law 31,557 and its regulations is a forward-thinking initiative that promises to safeguard bettors, promote responsible gaming practices, and formalize the industry.
The Path to Implementation
With a deadline set for March 13 for online gaming companies and sports betting houses to request operating permits, the countdown to a fully regulated market has begun. This move not only positions Peru as a leader in online gambling regulation in Latin America but also sets a precedent for other nations looking to regulate their online gaming sectors.