Peruvian legal analysis examines prediction markets under current gambling rules
A legal analysis by Rosa Luz Nerio Urteaga examines whether peer-to-peer prediction markets fall within Peru’s existing gambling framework. It says the law does not expressly address these systems and argues that their legal status depends on how they operate, while calling for MINCETUR to clarify the position.
The analysis identifies regulatory uncertainty for prediction-market platforms considering entry into Peru.