The country’s president has signed off on legislation that will alter the country’s gambling ecosystem Paraguay has passed Law 7438, a significant reform aimed at ending the gambling monopoly and modernizing the country’s gaming industry. The legislation, approved by the Chamber of Deputies in December, introduces measures to combat illegal gambling, safeguard minors, and promote
Tag: paraguay
Paraguay Advances Legislation To Remove Gambling Monopoly
The country is a step closer to eliminating the long-held gambling monopoly Paraguay has taken a significant step toward reforming its gambling industry with the introduction of a new bill aimed at dismantling the current monopoly and liberalizing the market. Proposed by the executive branch earlier this month, the legislation seeks to amend Law No.
Paraguay Becomes Latest LatAm Country To Consider iGaming Expansion
The country may break up its monopoly and allow other iGaming operators to enter Paraguay has become the latest Latin American nation to explore significant updates to its gaming laws, signaling a possible move toward expanding and liberalizing its gambling market. Recent proposals aim to reform Law No. 1,016/1997, which currently mandates that national gambling
Paraguay Halts Discussion on Legalized Online Gambling
The government isn’t ready to move forward with a planned introduction of iGaming Paraguay’s Senate has delayed discussions on proposed changes to its gambling laws, putting a halt to the legalization of online gambling for the time being. The Senate’s Constitutional Affairs Committee had been tasked with reviewing updates to Law 1016/1997, which governs gambling
Paraguay could open its online gambling market
Lawmakers in the country are going to debate whether to eliminate the current monopoly After several weeks of delays, Deputies in Paraguay will initiate discussions on the bill seeking to amend six articles of Law No. 1016/1997, which covers games of chance. The proposal to end the current monopoly on issuing gaming permits for sports
Paraguay poised to relax gaming license framework
Lawmakers are pushing changes to how Paraguay’s gaming regulator issues licenses The government of Paraguay is under pressure to change gambling legislation to terminate gaming regulator Conajzar’s authority to issue gaming licenses in the country. Fourteen members of the Chamber of Deputies demand that the country amend current legislation, contending that the agency used its
Paraguay appears ready to expand online gaming market
Lawmakers in Paraguay may start drafting legislation to remove the quasi-monopoly currently in place Paraguay’s Legislation and Codification Commission Deputy, Adrián Vaesken, was recently visited by the president of the National Gaming Commission (Conajzar, for its Spanish acronym), Carlos Augusto Liseras, with one goal in mind. The discussion focused on the idea of revising Law