Chilean Government Proposes Additional 3% Tax and Ban on Online Betting Advertising
4 Articles
4 Articles
Chilean online gambling groups (APAL and AGR) value the new regulation of the market and its preventive measures against gambling. But at the same time, they warn that banning advertising and promotions will totally push users towards illegal platforms without protection.
Chilean government proposes additional 3% tax and ban on online betting advertising
The Chilean government has introduced a bill to regulate online betting that proposes, among other measures, an additional 3% tax on top of the 19% Value Added Tax (VAT), as well as a ban on advertising by licensed and unlicensed operators and on bonuses and promotional offers designed to attract or retain users. Submitted within the deadline set by the Senate, the 114-page initiative, titled “Bill...
The Economics Commission was informed in detail of the indications presented by the Executive to the initiative. The idea is to focus on the protection of children and adolescents, regulate the industry and prevent gambling.
The Senate Committee on Economics has been informed in detail of the indications presented by the Executive to the initiative. The idea is to focus on the protection of children and adolescents, regulate the industry and prevent gambling. With a focus on the protection of minors, the regularization of industry and prevention [...]
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