Online Gambling Prohibition Imposed In Uruguay

Published Friday, September 29, 2017 - Online-Casinos.com
Online Gambling Prohibition Imposed In Uruguay

Officially known as the Oriental Republic of Uruguay this upscale country in South America has been a leader as a changing progressively social nation. Online Gambling is not mentioned in the wagering regulations in Uruguay and the government does not offer licensing opportunities to provide internet gambling services. Instead, players in Uruguay who want to gamble on the internet use offshore online gambling websites. Not all international gambling sites will accept players form Uruguay, and of the sites that do, not all will offer Spanish services.

Things regarding gambling laws in Uruguay have changed in recent months with the government of Uruguay adopting a strict ban on online gambling. As part of a budget package signed into law recently new enforcement powers to national authorities to curb offshore sites. The Uruguayan Senate voted 30-6 in favor of the country’s new Accountability Law, including revised gaming regulations. The bill previously approved by the lower house, and was signed into law by Uruguyan President Tabaré Vázquez.

A new 0.75% tax on gambling turnover obtained from officially approved gambling venues and the operations of the state-owned National Directorate of Lotteries and Quinielas will be imposed. The national lottery operator is the only operator officially approved to operate online gambling, for sports betting only.  Law 19.535’s Article 244 states that “casino games such as poker, roulette, slots” and similar products are “absolutely prohibited” via any remote channels. International operators have been filling the wagering space in Uruguay’s gray market for years with the absence of regulations.

The Uruguayan Casino Control Commission report revealed stakes placed at local casinos amounted to more than U$6 billion in 2016, up 6.5% year-on-year. Product demand for Lottery and Supermatch, wagers grew to a total of about U$10.8 billion last year, reflecting an increase of U$281 million over last year. The country’s unregulated market is expected to be even greater.

 

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