Peru, Gambling & Everything Else
Peru is known for both natural and cultural wonders that always catch the attention of tourists from all around the world. They are also a region that is colorful, and is filled with archeological structure, unique textiles, as well as a rich culture. It boasts a diversified flora and animals compared to other countries in the world because of its diverse ecosystem.
Peru Gambling and Casinos
Among the countries in the South America, Peru is one of the largest gambling nations. They also have the largest area to expand along with a wide opportunity since they have adopted gambling and online gambling in their everyday lives. Just like most of South American countries, gambling has always brought in controversy. In Peru, the controversy began between supporters and non-supporters of gambling.
Gambling was first regulated in 1979 through Decree-Law No. 22515. However, it was in July 1990 when the state announced the authorization of slot machines, as well as its legalization of installation in hotels. Further, in February 1991, the first arcade that has slot machines was installed in the capital, Lima. On the next year, a new law was passed. It was to increase tax for gambling from 3% to 20%.
Within those years, in land casinos were built little by little and started to pique the public’s interest. This has what made the industry grow in Peru. This news law has become the stepping stone to further boost the already booming gambling industry in the country. It has made the licensing easy to implement and transparent which brought international and domestic investors to the country.
Through this, the range of in-land casinos has significantly increased and various legal gambling venues has drawn a lot of tourists. As a result of the Peruvian government’s hard work, foreign and domestic gaming operators can legally operate in the country.
Online Gambling in Peru
The four decades of amendments in the gambling legislation has resulted in the active and vibrant online casino industry in Peru. Some of these are Legislative Decree No. 608 from 1990, Law No. 27153 amended by law No. 27796 in 1999, and lastly in 2005 for a de facto legalization of online gambling in the country. Although none of the earlier legislations has directly banned online casino but provide a clear legal framework for the companies that good operators, players, and the state.
This allowed not only land-based casinos to sprout like mushrooms but also allowed the providers to offer their iGaming services that abide with the country’s legislation. The local operators boast a valid gambling licenses from the General Directorate of Casino Games and Slot Machines or in their language, Dirección General de Juegos de Casino y Máquinas Tragamonedas (DGJCMT). The DGJCMT are closely linked to the Ministry of Foreign Trade and Toursim (Mincetur).
Although there is already a regulating institution, Peru still has not banned foreign providers to offer their services to Peruvians as long as they meet the standards the state has set. If they meet them, they are eligible to get license from the Peruvian government. Because of being open to both foreign and local operators, Peru has attracted most of the famous online casino providers to open in their country.
As a result, the number of online casinos is continuously increasing consisting the most known operators in the country. Although the state does not necessarily require international casino brands to get the state license, they should have one from the more reputable gambling authorities like United Kingdom Gambling Commission (UKGC) or the Malta Gaming Authority (MGA).
Payment Methods in Peru
Since gambling, even online gambling is a wide and accessible industry in Peru, there are still several things to take note of. Although online gambling through foreign sites is generally legal in the state, its official currency, Peruvian Sol is not commonly available for use in offshore gambling sites.
In this case, Peruvian players can only deposit and withdraw through US Dollars in online gambling sites. Below we have listed some of the most popular and common payment methods you can use while playing in both local and international online gambling sites and sports betting sites.
- Bank Transfer
How to Bet Online in Peru
Betting online Peru is relatively easy, as online gambling has little to no restrictions in the country. All you need to do is find an online gambling site that is secure, has a wide variety of games, and most importantly, is available for access in the country. After you choose the online casino, you can then sign up.
Just input the details asked, along with your preferred payment method and click the register button. Most of the casinos give out bonuses for the new registrants, but some also have several terms and conditions. Nonetheless, you can claim them buy accomplishing the tasks and conditions required. After, you can immediately start playing, and you might also get several bonuses and gifts as you go.
Online Games in Peru
Peruvians have access to both locally and internationally licensed online gaming sites. While the first ever online gaming license in the country was given in 2008. Betsson was the first operators that was regulated by the Peruvian market. Since then, online gaming has flourished in the state.
The government opened up to total legalization of iGaming which favored them well, big and reputable operators has made their sites available for Peruvians. Among the number of games available in each site, they love poker, roulette, baccarat and horse racing for their online gambling the most. As long as you’re already 18 years old or older, you can already avail online gaming.
FAQs for Peruvian Players
What games can be played at online casinos in Peru?
Majority of the games available in most of the countries can be played at online casinos in Peru. The most common among them are roulette, baccarat, blackjack, and poker.