Peru Is Preparing a New Gambling Law

Peru's gambling regulator MINCETUR is preparing a new bill that will expand the scope of Law 31557. The law currently regulates only online games and sports betting. With the bill, prediction markets, raffles and draws, areas that have not been regulated until now, will be included in the licensed market for the first time.

Yuri Guerra Padilla, who has more than twenty years of public sector experience, said that under Peruvian law, anything not prohibited is allowed. Guerra said they want every activity not authorized by MINCETUR to be banned. He said the bill is about 60 percent complete and the ministry aims to submit the law before the end of 2026. He added that they want the law to be implemented in less than one year.

The regulator also wants to tighten oversight of foreign operators. Last month, the agency blocked 50 unauthorized websites. Peru currently has 45 licensed online operators, and international companies continue to show interest in entering the market.

Guerra said they have cut off the content and payment methods of unlicensed operators. He said MINCETUR has made first contact with Google and plans to meet with Meta. The agency is open to working closely with technology companies to limit the ways foreign operators reach players. Guerra said he believes that, if full regulatory authority is granted, they have the technical capacity to carry out effective blocking on Meta.