Uruguay looking to block online gambling sites

31 Jul 2017

uruguay block online gamblingLawmakers in Uruguay are considering to block foreign gambling operators, in order to protect the state run monopoly. According to local news outlet El Observador, a new legal framework could be introduced that would lead to the blacklisting on foreign casinos and sportsbooks.

More specifically, Pablo Ferreri, Uruguay’s Undersecretary of Economy has recently stated that although there are certain laws in effect that specifically prohibit foreign betting sites from targeting local players, no legal action has yet been taken. Following that, speculation has arisen that an ISP blocking procedure is set to start in the coming weeks, that will surely impact the Uruguayan market.

This isn’t the first time lawmakers have tried to alter the legal framework, as during the spring of 2016, significant changes were made to Uruguay’s existing gambling laws. Regardless, these alterations did not lead to much progress in the country’s legislature.

Earlier this year, the Uruguayan Casino Control Board revealed that wagers placed at local casinos grew 6.5% to U$6.15 billion (approximately $216 million) in 2016. There was also an increase in the amounts gambled on Lottery, Supermatch, Tómbola, and related products. Wagers on those totalled U$10.8 billion (approximately $379.2 million) last year, up U$281 million from 2015.

According to industry experts, Uruguay is set to follow Colombia’s example, as they recently kicked out foreign operators, despite lacking the necessary authorization to do so. The ISP blocking however, are expected to be the first step before a licensing procedure is set up for any interested foreign operators.

 

10,000+ have already benefited from Bookmakers.bet

Register to our newsletter and be the first to get our exclusive bonuses and promotions. Fill in your name & email and stay tuned on the latest offers and the new bookmakers in your country.

I agree with the terms of use.

BOOK SPY

A huge and most surprising move has been made from the William Hill board, which has announced an unexpected change in the brand’s leadership. As the ...

Read more »

The well-known betting exchange Matchbook has officially declared that it will be charging a set 2% commission on all sports wagering that takes place...

Read more »

The new season in the Premier League is about to begin and most of the sides are finalizing their new partnerships. The latest is the one that sees Ma...

Read more »

A few days ago Paddy Power announced its partnership as the main sponsor of English Championship side, Huddersfield Town FC. The team revealed its hom...

Read more »

1XBet has been on a streak of great deals lately and this week a new massive agreement took place. Following the partnership with Barcelona FC, which ...

Read more »

The Research Council of Svenska Spel is supporting five new research programs that are aiming at countering gambling addiction, since it officially co...

Read more »

Completely out of the blue, Betrally ceased their online operations, as they have informed all the bettors through their domain www.betrally.com. Ιt i...

Read more »

FC Barcelona and 1XBet have signed a five-year sponsorship deal according to which the well-known operator is the new global partner of the Blaugrana,...

Read more »

The Swedish operator LeoVegas has managed to enter its seventh locally regulated gambling market, since it officially received its Spanish gaming lice...

Read more »

Bwin has been officially announced as the main sponsor of the Spanish football team Valencia, in a deal that will come into effect from today and will...

Read more »