--- title: "Latin America gambling licensing, cost and supervision | advennt.io" canonical: https://advennt.io/jurisdictions/latin-america/ source_html: /jurisdictions/latam/index.html description: "Latin America gambling regulation by game: 4 open · 2 restricted · 1 closed · 13 not yet assessed." generated_at: 2026-11-07T14:55:18Z content_sha256: fde1e5dff7a5abae9e0f6aa2f93f5f8b17e777cc4a75a686353acfc8732e1924 generator: "fe-fleet/md-twin@1.0" --- # Latin America gambling licensing, cost and supervision | advennt.io [Jurisdictions](/jurisdictions/) › Latin America # Latin America Online Gambling Regulation, Licensing & Tax Regime Latin America presents as a composite regulatory region rather than a single market. [4 open · 2 restricted · 1 closed · 13 not yet assessed → 20 classes](#products) Regulator: No regional regulator (gambling is licensed nationally) · Collected 1 Nov 2026 · Published 4 Nov 2026 · Changed 4 Nov 2026 [PDF](report.pdf) [Sign in for PDF](https://advennt.io/auth/) [Compare](/compare/?j=latin-america) Regulatory Dimension Latin America Standing Position Jurisdiction Latin America (LATAM) Primary Gambling Regulator No regional regulator (gambling is licensed nationally) Product Access Summary 4 open · 2 restricted · 1 closed · 13 not yet assessed Permitted (Open) Verticals Casino, Poker, Sports betting, Esports betting Restricted / Monopoly Verticals Affiliate marketing, Payments for gambling Prohibited (Closed) Verticals Lottery Verification & Currency AI research, not expert reviewed · Published 4 Nov 2026 (collected 1 Nov 2026) ## Can we offer our product? Every product class, in fixed taxonomy order. The band is what you can do; where the recorded legal status says something the band does not, it is shown beside the product. ### Player products - CasinoOOpen - PokerOOpen - Bingo–Not yet assessed - LotteryState monopolyXClosed - Sports bettingOOpen - Other event betting–Not yet assessed - Horse and greyhound racing betting–Not yet assessed - Esports bettingOOpen - Exchange betting–Not yet assessed - Pool betting–Not yet assessed - Virtual event betting–Not yet assessed - Fantasy sports–Not yet assessed - Skill games–Not yet assessed - Prediction markets–Not yet assessed - Sweepstakes–Not yet assessed - Free play–Not yet assessed ### Supply roles - Software / B2B–Not yet assessed - Affiliate marketingRRestricted - Payments for gamblingRRestricted ### Settlement rail - Crypto gambling–Not yet assessed No class-level certainty grade is recorded for this jurisdiction yet; confidence is carried per section below. ## Board briefing LATAM remains the fastest-growing regulated gambling region globally, but is NOT a single market — Brazil, Colombia and Peru offer open national licensing routes, while Mexico, Argentina and Chile present legacy, fragmented or absent frameworks respectively. #### What has changed - Colombia's tax basis changed three times in 13 months (deposit VAT -> suspended -> GGR consumption tax); Mexico's federal IEPS jumped from 30% to 50% of GGR effective 1 Jan 2026; Chile's online licensing bill cleared the Senate in August 2025 but remains unenacted. #### What to do now - Prioritise Brazil, Colombia and Peru for near-term entry given operational licensing routes; treat Mexico entry economics as materially worse post-IEPS reform; monitor Chile for a 2026 enactment window before committing resources. #### What to watch - Brazil's pending STF constitutional challenges (ADI 7721/7723/7749); Colombia's permanent-VAT reform bill; Chile's Senate bill progression; Argentina provincial licensing expansion. ## 11 answers, each dated and graded The weather grades favourability for an operator, not legality: legality is the product table above. The left rule is our confidence: solid confirmed, dashed probable, dotted uncertain. ### Latin America Gambling — Overview Brazil's regulated fixed-odds betting and online casino sector, until recently the largest in the LATAM bloc, was placed under provisional prohibition by Medida Provisória 1.394/2026. All federal and state authorisations granted under Law 14.790/2023 are extinguished as of 25 October 2026, with the … Full analysis · 121 words Brazil's regulated fixed-odds betting and online casino sector, until recently the largest in the LATAM bloc, was placed under provisional prohibition by Medida Provisória 1.394/2026. All federal and state authorisations granted under Law 14.790/2023 are extinguished as of 25 October 2026, with the authorisation fee not refunded. Other lottery products remain outside the measure's scope. Congress has until 23 November 2026 to convert, amend or reject the Provisional Measure, with one permissible 60-day extension; the joint review committee had not been installed a month after publication, with 99 amendments filed. Industry figures across Brazil, Mexico, Colombia, Chile, Peru and Uruguay have warned the episode could weaken regional investor confidence, marking this as a bloc-relevant disposition rather than a purely national one. - Tax instability (Colombia, Mexico) - No regional licensing passport ### Latin America Gambling — Licensing and regulation Medida Provisória 1.394/2026, a presidential instrument with immediate force of law under the Brazilian constitutional system, extinguishes all federal and state fixed-odds betting and online-casino authorisations granted under Law 14.790/2023, effective 25 October 2026. Article 1, paragraph 2 of th… Full analysis · 141 words Medida Provisória 1.394/2026, a presidential instrument with immediate force of law under the Brazilian constitutional system, extinguishes all federal and state fixed-odds betting and online-casino authorisations granted under Law 14.790/2023, effective 25 October 2026. Article 1, paragraph 2 of the measure is explicit that the extinguishment is total for these two product classes, while other lottery products are expressly carved out and continue under their existing basis. Operators who paid the BRL 30 million authorisation fee to enter the regime established by the 2023 law will not have that fee refunded. The measure remains before the National Congress, which must convert, amend or reject it by 23 November 2026, or exercise a single 60-day extension; as of one month after publication, the joint committee tasked with its review had not been installed, and 99 amendments had been filed against the text. ### Latin America Gambling — Market entry in practice ### Latin America Gambling — Licence fees ### Latin America Gambling — Tax ### Latin America Gambling — Payments and banking ### Latin America Gambling — Marketing ### Latin America Gambling — Technical compliance Brazil carries the region's most specific technical-compliance regime. Under Portaria SPA/MF 722/2024, betting platforms, online games and live-dealer studios must be certified by a testing entity whose operational capacity the Secretaria de Premios e Apostas has formally recognised, and any data ce… Full analysis · 92 words Brazil carries the region's most specific technical-compliance regime. Under Portaria SPA/MF 722/2024, betting platforms, online games and live-dealer studios must be certified by a testing entity whose operational capacity the Secretaria de Premios e Apostas has formally recognised, and any data centre hosting a licensed operator's infrastructure must hold ISO 27001 certification. These requirements sit alongside, rather than instead of, Brazil's identity-verification architecture, meaning an operator's technical build must satisfy both testing-entity certification and hosting-security certification before going live. No comparable technical-standards detail is established for Colombia, Mexico, Peru, Argentina or Chile. ### Latin America Gambling — Distribution and platforms Medida Provisória 1.394/2026 requires that licensed betting and online-casino sites and apps in Brazil be taken offline within ten days of the measure's publication, a deadline that fell on 6 October 2026, as part of the broader extinguishment of all authorisations granted under Law 14.790/2023. The… Full analysis · 99 words Medida Provisória 1.394/2026 requires that licensed betting and online-casino sites and apps in Brazil be taken offline within ten days of the measure's publication, a deadline that fell on 6 October 2026, as part of the broader extinguishment of all authorisations granted under Law 14.790/2023. The takedown requirement explicitly extends to removal from app stores, closing the mobile distribution channel alongside the web channel. This sits within the same instrument that bars new deposits and provides for blocking of related financial transactions, so the platform-level shutdown is one strand of a coordinated prohibition rather than a standalone distribution rule. ### Latin America Gambling — Enforcement Enforcement under Medida Provisória 1.394/2026 shifted Brazil's posture from licensing and supervision to blanket prohibition and shutdown. New deposits into fixed-odds betting and online-casino platforms were barred from the measure's publication date of 25 September 2026. Licensed sites and apps w… Full analysis · 156 words Enforcement under Medida Provisória 1.394/2026 shifted Brazil's posture from licensing and supervision to blanket prohibition and shutdown. New deposits into fixed-odds betting and online-casino platforms were barred from the measure's publication date of 25 September 2026. Licensed sites and apps were ordered taken offline within ten days, with that deadline falling on 6 October 2026, and the order extends to removal from app stores. The same instrument provides for blocking of platforms and of financial transactions connected to the prohibited activity, giving enforcement a reach into payment rails as well as the platforms themselves. All authorisations issued under Law 14.790/2023 are extinguished in law from 25 October 2026. The operative risk driver for any operator assessing this exposure is the instrument's own structure: an authorisation under the 2023 law conferred no protection against extinguishment by a later Provisional Measure, and the non-refundable authorisation fee underlines that the risk sits with the operator rather than the state. ### Latin America Gambling — Outlook Evidential record & source register 0 enforcement · 5 red flags · 16 sources · Expand full record ## What gets operators fined 5 red flags (3 high, 2 medium) and 0 controls that address them. - highColombia tax basis changed three times in 13 monthsMargin modelling for Colombian entry is unstable; operators must stress-test at 34%+ effective GGR burdenSource 8 · T2Source 9 · T2 - highMexico IEPS raised from 30% to 50% of GGR effective 1 Jan 2026, extended to non-resident digital operatorsAll-in effective burden approaches 57%, materially changing Mexico entry economics for both resident and non-resident operatorsSource 3 · T2 - highChile has no in-force online gambling licensing framework as of 2026; only state-linked entities hold digital authorisationAny commercial online operation targeting Chilean bettors currently operates outside a licensing perimeterSource 10 · T2 - mediumADI 7721/7723/7749 pending before Brazil's STF challenging Lei 14.790Merits of the betting law's constitutionality remain undecided as of July 2026, creating durability risk for federal licencesSource 5 · T2 - mediumArgentina has no federal online gambling statute; regulation is province-by-province with differing licence terms (5-15 years)Multi-province entry requires separate licensing analysis per province; no single Argentina-wide compliance posture existsSource 1 · T2 ## Worked scenarios 5 entry scenarios, each with the move we would make. #### A Curaçao-licensed sportsbook wants to accept Brazilian bettors directly from offshore. Brazil requires a federal SPA authorisation under Lei 14.790/2023 with local entity, 20% Brazilian shareholding, and .bet.br domain migration; serving Brazil from offshore without authorisation exposes the operator to ISP/financial-transaction blocking. Do this: Apply for SPA federal authorisation via a Brazilian-incorporated entity before marketing to Brazilian residents. Source 2 · T2 Source 10 · T2 #### A European operator wants to enter Colombia via a Curaçao licence instead of a Coljuegos concession. Coljuegos treats any operator without its specific concession contract as illegal and operates one of the most aggressive domain-blocking programmes in the world. Do this: Secure a Coljuegos concession contract; do not rely on a foreign licence as a substitute. Source 13 · T3 #### An operator already running under a Mexican SEGOB permit wants to launch a new online slots product. The 23 Nov 2023 decree banned new slot authorisations and capped permit terms at 15 years, while the 2026 IEPS reform raised the federal tax to 50% of GGR. Do this: Model the 50% federal IEPS plus state-level tax stack before launch; confirm the slot-ban decree does not block the specific product. Source 3 · T2 #### A B2B platform supplier wants to serve multiple Peruvian MINCETUR licensees from a regional hub. Peru requires a Peruvian entity or registered branch to hold the operating licence under Ley 31557 art. 3; by mid-2026 roughly 280 registered service providers supported 60 authorised operators. Do this: Register as a service provider under the MINCETUR framework rather than relying solely on a supply agreement with the licensee. Source 10 · T2 #### An operator wants a single Argentina-wide licence to serve bettors nationally. No federal online-gambling statute exists; licensing is granted province-by-province, with terms ranging from 5 years (City of Buenos Aires) to 15 years (Buenos Aires Province, Córdoba). Do this: Pursue licensing in the specific provinces targeted rather than assuming a national licence is available. Source 1 · T2 ## What we looked for and could not find Confirmed absence is a finding of its own. These are the questions we searched and could not answer from a citable source, with the searches we ran. Never behind the paywall. Aml cft regime. fewer than 2 named T1/T2 sourced structured claims per sub-jurisdiction on FATF/MONEYVAL/GAFILAT MER status and reporting thresholds. - searched: GAFILAT mutual evaluation report Brazil gambling AML 2025 - searched: Colombia SARLAFT reporting threshold gambling operator - searched: Mexico gambling AML reporting entity designation LFPIORPI - checked: gafilat.org Player protection. deposit_limit_regime and reality_check_requirement fields unpopulated across all sub-jurisdictions — no T1/T2 source located specifying mandatory limit-setting mechanics. - searched: Brazil SPA mandatory deposit limit responsible gambling ordinance - searched: Coljuegos reality check self-exclusion technical requirement - searched: Peru MINCETUR limite de depósito juego responsable - checked: gamingcompliance.io Data protection. gambling-specific data rules and kyc_data_retention_period_months not sourced for any sub-jurisdiction. - searched: LGPD gambling operator data retention Brazil SPA - searched: Colombia Habeas Data gambling KYC retention Coljuegos - searched: Mexico gambling data protection INAI retention period - checked: gov.br Consumer protection. mandatory_adr and adr_body not confirmed for any sub-jurisdiction; no T1/T2 source located on gambling-specific ADR mechanisms. - searched: Brazil gambling consumer dispute resolution SPA Procon - searched: Colombia Coljuegos consumer complaint SIC gambling - searched: Peru INDECOPI gambling dispute resolution MINCETUR - checked: gov.br ## Source register Every source on a four-step tier scale. A claim is never shown at a stronger tier than the source it cites. 16 sources · 12 tier 2 · 4 tier 3 No. Source Tier Verification 1 LATAM-REGIONAL-OVERVIEW T2 of 4 Source 1 · Open in drawer → 2 BR-LEI-14790-2023 T2 of 4 Source 2 · Open in drawer → 3 MX-LFJS-1947 T2 of 4 Source 3 · Open in drawer → 4 LATAM-COMPARATIVE-BR-CO-MX-PE T2 of 4 Source 4 · Open in drawer → 5 BR-LEI-14790-2023 T2 of 4 Source 5 · Open in drawer → 6 BR-LEI-14790-2023 T2 of 4 Source 6 · Open in drawer → 7 LATAM-REGIONAL-OVERVIEW T2 of 4 Source 7 · Open in drawer → 8 CO-VAT-DECREE-2025 T2 of 4 Source 8 · Open in drawer → 9 CO-TAX-REFORM-2026 T2 of 4 Source 9 · Open in drawer → 10 PE-LEY-31557-2022 T2 of 4 Source 10 · Open in drawer → 11 LATAM-REGIONAL-OVERVIEW T2 of 4 Source 11 · Open in drawer → 12 LATAM-REGIONAL-OVERVIEW T2 of 4 Source 12 · Open in drawer → 13 CO-LEY-643-2001 T3 of 4 Source 13 · Open in drawer → 14 BR-LEI-14790-2023 T3 of 4 Source 14 · Open in drawer → 15 BR-ORDINANCE-722-2024 T3 of 4 Source 15 · Open in drawer → 16 PE-LEY-31557-2022 T3 of 4 Source 16 · Open in drawer → ## Related coverage