A Closer Look At Online Poker In Peru

Online poker may be at an early stage of growth in Peru, but the country enjoys full legislation at a federal level. Players in the country can access any site legally, whether onshore or offshore. The government has no limitations on gaming venues or sites. Players retain the choice to either select government regulated and operated gambling sites or foreign sites. As a result, players have the widest collection of poker games and other forms of gambling in an openly regulated platform.

The open regulation is “Surprising”, considering online gambling only became legal in 2008. But, it is working and allowing players access to multi-games and developing the industry! Both foreign and local gambling proprietors can vie for the operating license ensuring “Fair Competition”, “Broad Game Variety”, and “Continuous Upgrades.” The idea aims at providing the players with quality at all times. It is visible as e country first operating license for online gambling went to Betsson, a UK-based gambling site!

Online Gambling Legislation in Peru

Peru’s economy experienced a “boom” in recent years, leading to increased earnings and living standards. The economic growth brought along gambling halls and an increase in tourists. Gambling in the country has been legal for many years, but the country has no proper regulation. The country has over 48 licensed and operational casinos, over 800 slots rooms and halls, poker rooms, horse racing events and many more.

The country is yet to develop a working legal framework to govern online gambling. Rumours have been circulating, and one site has a quote from Benavente indicating the government plans to induce a tax rate on all casino profits of around 12%. He states that only companies who had earned approval and the Peruvian license will be liable to pay the tax rate. However, this rule is yet to pass and remains a bill!

Passing the bill does not matter much to locals as the country has no company offering “Online poker Locally!” it may not be an issue now. Still, with the widespread of virtual online poker sites, it is crucial to have proper regulation ready and down to protect the citizens’ interests and the companies providing the service and the government. The situation is especially “Dire” since the country does not restrict players from accessing and playing online poker on foreign sites.

Online Poker in Peru

Online poker popularity in Peru is on the rise. Since the game of skill isn’t as popular amongst locals, the country should gradually grow as more people engage in the few live poker rooms present in the country than in virtual or online poker. Even though 40% of the country population has access to online poker and sites such as casinoonlineperu.com.pe, very few play the game with sports betting and horse racing. These take priority due to their “Status.”

Another challenge affecting online poker is the absence of a local poker provider. In a country of over 30 million people, the absence of a local Peru poker provider is a major issue. However, the country prides itself on ensuring peace and fair play in all its dealings. Therefore, the country does not block any foreign or offshore accounts for Peruvian players. Taking such a stand to support players by providing licensing to offshore accounts has worked well for the government in Peru. In addition, the ban on smoking while on the casino floor in most land-based poker venues has led to an increase in live poker players online. Since the Latin American online poker industry is still in its infancy stage, Peru still has a chance to make it through and strengthen the industry in the future.

Peru remains open to new gambling ideas. The government may take a step towards regulating the industry. However, regulation ideas will have to meet the current player expectations. The idea of a local online poker site might be outdated and competed by other major and international providers. The government must weigh all potential outcomes to retain the current atmosphere with good games and uninterrupted access!

Why Play Poker in Peru

Players in Peru carry the advantage of selecting the right poker site to fit their current needs. Since the government has no major objections to whichever site you choose, it is essential to know and identify only the very best. Choose a reputable site in the country and overseas, hands you quality and suitable gifts or rewards, and has a unique and friendly platform! Some of the sites that fit in this category include 888, Party, Titan, and Black Chip Poker sites. The choice is yours!

Take a look at the top players appearing in the player database. Diego Ventura, a Peruvian poker star, appears on the list with $1.250 million in poker earnings. Professional players can earn huge amounts of money if playing for real, fun, and professional level! Diego did and has earned $907,080 in the PokerStars Caribbean Adventure in 2015. Tal Avivi, a hotel owner in Peru, has bagged the WSOP Circuit rings twice in a single year (2019). Therefore, Peru remains a perfect destination for anyone willing to play online poker!

Most Viewed Articles