Peru’s Government Intends to Increase Fees on iGaming and Sports Betting

The current tax rate is 0.3%, and it will remain at this level until June 30th, 2025. After this date, the figure will be raised to 1%.

About the Newly Presented Programme

These suggested adjustments are part of the government's broader initiative to reform the gaming sector's current framework, which was endorsed in late 2024. The officials aim to boost tax revenues from online casinos and bookmakers. The initial plan implied an immediate hike to the 1% rate, but strong opposition against such radical changes led to the implementation of a more phased and deliberate strategy.

The increased fee rate necessitates gambling operators to make technical adjustments to their systems. This process is expected to take up to 8 months. Additionally, business owners will have to go through recertification by Mincetur, the country’s regulatory body. This procedure is time-consuming as well.

Given all these considerations and nuances, the government was prompted to shift its approach from an immediate rate hike to a more gradual implementation. The updated tariff will be applicable to all gaming transactions conducted by residents.

The fee will involve all financial operations made via any service, including:

• physical credit cards;
• bank accounts;
• Internet Protocol (IP) addresses;
• Subscriber Identity Module (SIM) cards.

The CEO of Apuesta Total, a well-known Peruvian RMG label, highlighted the potential challenges of implementing new rules too quickly. Gonzalo Pérez noted that such a rapid shift could put significant pressure on the industry. For now, market participants have successfully delayed the immediate rate enlargement. According to the specialist, the current priority should be adapting technical systems to the upcoming changes.

The opposition has urged the government's officials to meticulously consider all the aspects and assess the potential consequences of such a controversial decision, including the risk of expanding the black market and a possible decline in projected gaming tax profits.

Peru’s Other Financial Projects

Alongside the ISC rate increase, Peru’s Congress introduced a 10% GGR fee on web gaming operations. The measure took effect on January 1st, 2025.

Additionally, the price of gambling licences has risen notably. Both novice and established entrepreneurs now have to pay 3 million soles (approximately $800,000). Mincetur’s officials have also taken full authority over financial flow regulation.