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Chile Senate committee discusses online betting regulation after VAT dispute

Regulation

Chile’s Senate Economy Committee discussed the need for specific online betting legislation, according to the report. Association executive Cecilia Valdés challenged a tax authority resolution enabling online betting platforms to pay VAT, while Senator Gastón Saavedra called for rules on oversight and crime prevention; the committee will work with the executive on a legislative proposal.

A proposed legal framework could set operating requirements and consumer protections for online betting in Chile.

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