By The Weekly Edge desk ·
The Chilean Senate’s Economy Committee is continuing debate on legislation to regulate online betting, iGaming Brazil reported. The proposal seeks to establish regulation for the activity in Chile.
Online betting operators face proposed regulation as the Chilean Senate’s Economy Committee continues debating legislation.
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The court challenges may affect how blocking orders apply to online betting operators in Chile.
ODECU's proposals would affect betting advertising on club shirts, in stadiums, during broadcasts and through digital campaigns.
The proposals would require operators to establish a local presence and face additional taxation under Chile’s planned online gambling framework.
Online betting platforms face VAT collection that SII says does not legitimise their activities, while deputies seek withdrawal.
Operators could face licensing, advertising restrictions, user protection and financial controls, with tax amendments still required from the Finance Ministry.