BGC and aPAL sign cooperation agreement on Chilean gambling regulation

Chile’s government has proposed a 22% tax on online gambling revenue as part of amendments to legislation, according to a Senate bulletin described in the report. The proposal comprises 19% VAT and an additional 3% tax on the difference between stakes received and winnings paid; the Senate Economy Committee began reviewing the amendments on 27 October.

Chile's government has proposed a 22% tax on online gambling revenue, according to a Senate bulletin setting out amendments to the country's online gambling legislation. The bulletin includes 172 amendments submitted by the government of President José Antonio Kast on 26 October. The Senate's Economy Committee began examining the amendments on Tuesday 27 October and is expected to continue discussions at a future session, with no exact timeline announced.