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Chile proposes 22% online gambling tax and advertising ban grace period

Picture: iGaming NEXT

The proposals would see licensed operators pay 19% VAT on the difference between stakes received and winnings paid, alongside an additional 3% tax The measures were announced in a senate bulletin , which brings together proposed amendments to the country’s online gambling legislation , including 172 submitted by President José Antonio Kast’s (pictured) government on 26 October. “If regulated platforms cannot promote themselves or offer competitive terms compared with illegal operators, the most important and fundamental condition for player protection will not have been met,” the trade body said in a statement.

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