📋 Tender Overview
The Minister of Foreign Trade and Tourism Roberto Snchez announced that the draft regulation of Law No. 31557 has been published which regulates the exploitation of games and sports betting at a distance an initiative of the Mincetur worked to start tax collection in this activity.In this way in order to guarantee transparency and access to the regulatory proposal the Mincetur General Directorate of Casino Games and Slot Machines has presented the pre-regulation LINK within the framework of the Regulatory Public Consultation in order to to ensure the participation of those interested in the matter and thus they can present their comments suggestions and opinions.We have not waited for the established deadline to end. Now for 21 days the pre-regulation is available to all the actors and operators in the field so that feedback can be given a dialogue and we can have their suggestions Minister Snchez highlighted.The text of the pre-regulation has fifty-three articles that range from general provisions activity authorizations technological platforms certification laboratories supplier registration and more.ABOUT THE LAWAs is known the activity of remote sports betting and gaming generated in our country around one billion dollars annually without paying the Special Tax on Gaming 12 as casinos and slot machines have done for 20 years. For this reason as an initiative of the government of President Pedro Castillo the Mincetur worked on a bill that allows its regulation and formalization.Thus the Executive presented the project to the Congress of the Republic an entity that added two opinions one from the Economy Commission which fell on Bills 168 and 1923 and another Opinion from the Foreign Trade and Tourism Commission on the basis of Bill 2070 presented by the Executive to which Bill 2206 was added. As a result a substitute text was approved by consensus on the basis of Bill 2070 presented by the Executive Power.After being approved in the plenary session of Congress with a large majority the government promulgated the Law on August 12 in a ceremony held at the Government Palace. The Law will allow the State to collect S 160 million annually which will be invested as follows 20 will go to the public treasury 40 to the development of tourism another 20 will go to mental health promotion and the remaining 20 to the treasury.The Law also mentions that the Mincetur is the only administrative authority at the national level that regulates authorizes revokes supervises and sanctions the exploitation of remote gaming and remote sports betting.
