Undersecretary of Finance, Sebastián Vallebona, laid out details of the proposals, which include a ban on all advertising for online betting platforms, licenses limited to an annual cost of 1000 Monthly Tax Units (UTM), blocking of sites and payment methods, and a 22% tax, among other measures.
Undertaking its second stage of reviews, the bill is looking to place an integral focus on protecting minors, regulating the online gambling industry, and preventing problem gambling.
The official explained that the focus of the guidelines is on the protection of children and adolescents, so the name of the initiative is being considered for change to ‘online gambling regulation project, child protection and prevention of problem gambling’.
The blocking of payments would be a key shift for..