Peru

Peru regulates online gaming and sports betting through MINCETUR's gaming directorate (DGJCMT) under Law 31557, as amended by Law 31806, with the licensed market live since February 2024. Operators obtain MINCETUR licences for remote gaming and sports-betting platforms, plus technology-provider registration. The tax structure is the market's defining challenge: a 12% special tax on net profit (GGR), levied monthly, is compounded by an ISC excise raised to 1% on every stake from 1 July 2025 (up from 0.3% introduced in January 2025). Because the excise is turnover-based, the effective burden runs well above the nominal rates, and the industry has strongly criticised the stake base as amounting to double taxation. The consequences have been significant: around 40 operators exited and roughly 1,500 betting shops closed, even as the state reported record tax revenue of PEN 419.5m in 2025 and MINCETUR claimed roughly 40% less illegal supply. A correction bill (9645/2024-CR) to fix the ISC turnover base and avoid double taxation was under debate in Congress in June 2026 but had not passed. For operators, Peru illustrates how a turnover-based excise can reshape a market - driving consolidation and exits while boosting headline revenue. The direction of travel hinges on whether the correction bill succeeds in rebasing the excise; until then, the punitive stake-level tax is the dominant commercial factor, favouring larger operators able to absorb the elevated effective rate.