Active players: 4.000.000
Currency: Peruvian sol (PEN)
Regulated gambling products: Sports betting, lotteries, casino games
Operator types: Land-based betting shops and casinos, unlicensed betting sites
Designated authority: General Directorate of Casino Games and Slot Machines (DGJCMT) under the Ministry of Foreign Trade and Tourism (MINCETUR)
Peru is a north-western South American country with a very rich history. It is the homeland of the Inca Empire, one of the cradles of world civilization. In more recent years, it fell under Spanish ruling in the 16th century, before gaining its independence in 1821. In terms of gambling, locals have always been keen players and in 1979 the first decree on the industry came to life. However, while brick and mortar premises are fully legal, online gambling in Peru is still under no law. A 2018 proposed bill, that could bring major changes, keeps on being under review by the Ministry of Foreign Trade and Tourism (MINCETUR). At the moment, there are a few local betting sites in Peru. Regardless of that, there is a total freedom of online access. Therefore, Peruvian players are free to bet on any international bookmaker they prefer.
Betting in Peru - 5 things to know
- Legal gambling age in Peru is 18
- There are many shops or betting points inside casinos
- Players enjoy unrestricted access to online bookies
- All procedures fall under the Ministry of Foreign Trade and Tourism
- Online betting is expected to be regulated soon
Best betting sites in Peru
We’ve checked all the available Peruvian betting sites and here we list the ones with the best odds on the Liga 1, along with a great variety of markets and daily offers.
Gambling in Peru: The law framework
The 1st attempt to regulate gambling in Peru came in 1979 with decree no. 22515. In 1999 Peru established its first official law (no. 27153) on gambling and games of chance; with some amendments taking place later on (decree no. 27796). Land-based activities are well-organized and function just fine, with casinos and betting shops alike. However, the Peru online gambling scene still doesn’t fall under any law framework. The state has luckily seen the potential and drafted a bill in late 2018. Yet, it still awaits a voting by the government.
If it eventually comes to practice, it will bring many changes. Operators shall be able to apply for a local license. Moreover, a standard 12% tax will be deducted on their net winnings from bets. Companies would also have the obligation to provide a guarantee of around $500,000-600,000 to issue payments to bettors. As for access to online bookmakers, Peru will not be allowing it to problem gamblers and minors. Online betting licenses are also expected to be given. They will have a 6 year validity, with no extra special fee. Local operators like Te Apuesto, Inkabet, Doradobet, Apuesta Total and Livesport, could also apply for one. At the moment, they’re all operating under Curacao license.
Essential information for Peruvian bettors
Online betting in Peru is already very popular and players have a total freedom of choice. The state imposes no restrictions whatsoever, neither do financial institutions regarding any Peru betting sites. Bettors are freely accessing any online bookie they want and it seems as it will be the same for years to come. An important fact is that winnings are not taxed. Moreover, there’s no proposal in the upcoming bill either, in terms of taxing players’ winnings.
Bet Peru: How to deposit at online bookies
Peru’s local currency, PEN or sol, is not very popular among bookmakers. This is the reason why local operators are so popular among locals, who are unfamiliar with currency exchange rates. Apart from a few bookies like 1xBet Peru and 22bet who are offering PEN accounts, there is another superb alternative. Just use an e-wallet like Neteller, Skrill and Ecopayz. They are easy-to-use, have very low fees and offer fast and convenient withdrawals. Peru online betting is free of restrictions, find what’s best for you and just enjoy it.
The future of sports betting in Peru
As we have seen, sport betting in Peru is already popular. So, it’s important to see what will eventually happen with the proposed legislation. It's already been a couple of years waiting for the bill to pass. When and if this happens, the online environment could see itself under a specific law framework for the first time. The state would issue licenses and the road could be open for major international operators to join. This would definitely raise the bar for better betting options for Peruvian bettors.
The complete list of bookmakers in Peru
After analyzing the local gambling framework, you can now have a look at all the available bookmakers for Peruvian players.
Peru is one of the countries where you get to keep what you win. There is no tax law to draw upon winnings from gambling and the same applies to the upcoming proposed law as well.
Offering 1.000+ live events daily, 95% payout on top leagues and many promotions; 22bet also allows you to open a PEN account so you don’t have to worry about currency conversion fees.
There is no legal framework covering online betting in specific. Yet, there are no restrictions or sanctions in place and betting is absolutely legal in Peru. You will face absolutely no problem.
Apart from the few local bookmakers, players are constantly accessing online bookies. Stick to the ones you are familiar with, for instance 22bet, and enjoy a safe online betting experience.
Peru doesn’t have a licensing authority yet. Online bookies are therefore operating under other authorities. The same happens with Betsson Peru, which holds an MGA license and welcomes all Peruvian players.
All bookies will allow you to open a USD or EUR account. A few will even allow you to use your local currency. Plus, you may use an e-wallet like Neteller or Skrill and enjoy fast transactions.