Mincetur: 24 online gaming and betting companies already have authorization

Mincetur: 24 online gaming and betting companies already have authorization

The Minister of Foreign Trade and Tourism, Juan Carlos Mathewsreported that since this Tuesday, February 13, the computer system has been activated to receive online requests from certification laboratories and companies linked to remote gaming and sports betting, in compliance with law 31557.

During the first 24 hours, the Mincetur platform received applications from four International Certification Laboratories and twenty service providers linked to this activity. These have already been authorizedthe entity reported.

The deadline for registration is March 13 and starting in April, these types of companies will have to pay a tax of 12% of their profits. The Mincetur expects to raise close to S/162 million annuallywhich will be invested in the reactivation of tourism, in tourist infrastructure works, promoting sports and addressing mental health programs.

“It is important that our country regulates this activity, not only because of the economic movement it generates and the revenue it will have, also because of the need to provide security to Peruvian citizens who enter and use these applications. It is the duty of the State to promote responsible gaming,” said the minister.

What is law 31557 about?

The Law 31557which regulates the exploitation of remote gaming and sports betting, points out that Mincetur is the administrative authority at the national level that regulates, authorizes, revokes, supervises and sanctions the exploitation of remote gaming and remote sports betting.

The legal device maintains that Only natural persons of legal age, of Peruvian or foreign nationality, previously registered, may participate in this activity. on authorized remote gaming or sports betting technological platforms.

Regarding betting, the new law indicates that the player must pay for his bets with currency, credit cards, debit cards or any other means of payment, with the exception of cryptocurrencies.

In the case of obtaining prizes, these may be collected by the means of payment that the player chooses or, failing that, through an account in their name, opened in a company in the financial system under the supervision of the SBS.

It should be noted that only those sporting events that are part of national or international associations, federations or sports leagues can be the subject of sports betting.

Source: Larepublica

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