ACCJ calls for clear online gambling rules in Chile
Regulation1 min read
The ACCJ called for Chile to adopt clear rules for online gambling, citing traceability and enforceable standards. Its president, Cecilia Valdés, said the current framework, designed for land-based gambling, leaves regulated and unregulated operators without equivalent conditions and limits state oversight and tax collection.
Cecilia Valdés, executive president of the Chilean Association of Casinos and Gaming (ACCJ), has called for Chile to adopt a regulatory framework for online gambling. Valdés said clear rules, traceability and sustainability standards were needed for the digital gambling sector.
At a public debate on Monday 23, Valdés called for legislation to address differences between operators complying with formal rules and those operating without clear obligations. The ACCJ said unequal conditions affected the sustainability of the formal industry, tax collection and the government's ability to supervise gambling.
Chile's current regulatory framework was designed for land-based gambling and reportedly has limitations when applied to the digital market. Illegal gambling has reportedly increased in Chile in both land-based and online formats.
The ACCJ said rules should apply to all participants and be supported by transparency, responsibility and effective oversight. The association warned that a lack of regulation would not stop growth in gambling activity but would shift it towards more opaque and risky settings.