Chile Announces Plans to Legalize Online Gambling this year

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The Chilean Ministry of Finance has revealed plans to legalize online gambling with an iGaming bill set to be introduced in the first quarter of 2021.

The government has been discussing the establishment of a regulated iGaming industry for quite some time but has now decided to fast-track the process.

The hopes are that a fully-licensed industry will help to generate significant tax revenue while also allowing the authorities to keep a closer eye on operators and protect the safety of consumers.

The bill will mainly focus on online casino games and online sports betting. However, the government also announced plans to introduce a second bill that would help to modernize Chile’s land-based casinos.
 
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