Lawyer Carlos Baeza, representative of four online betting houses, spoke before the Economic Commission of the Chilean Congress
Friday 20 de January 2023 / 12:00
2 minutos de lectura
(Chile).- Baeza, who is a member of the prestigious IMGL (International Masters of Gaming Law) association and director of Latamwin, delivered some proposals to strengthen the project being discussed and delved into the legality of the industry and the payment of VAT digital.
Last Tuesday, January 17, the lawyer Carlos Baeza, representative of the Betsson, Coolbet, Betano and Latamwin betting platforms, appeared before the Economic Commission of the Chilean Chamber of Deputies to present his position and suggestions regarding the bill on the regulation of online casinos that is under discussion.
In the intervention, the lawyer - who is a member of IMGL (International Masters of Gaming Law) referred to various topics, including the reason for regulating: the user is protected, tax collection increases, minimum operating standards established and the fact that Chile is put at the level of developed countries in terms of importance.
He also referred to the user protection, explaining that this "is done through the protection of minors, the promotion of responsible gambling and control of compulsive gambling, the protection of public faith, the prevention of money laundering and the constitution of guarantees to ensure the payment of prizes to the user.”
Among the proposals for improvements to the project, the expert proposed eliminating the user tax, which among other things, can become an incentive for illegal gambling; he also proposed to increase the rules that avoid possible conflicts of interest, for which he recommends incorporating a series of actors that have not been considered, such as sports teams that are being or could be sponsored by the platforms, among other points.
Legality of online casinos
Another point that the lawyer clarified was the legality of online casinos. In this regard, he said that "the constitution does not contain any express norms in relation to games of chance." Furthermore, he added that there is no ban on online betting in Chilean law. However, he was emphatic in pointing out that his representatives are aligned and committed to collaborating so that a regulation can be completed soon. “We think it is an important activity that should be regulated.”
Baeza was also consulted about the payment of VAT by the companies he represents, to which he pointed out that "the digital VAT payment is applied to the services provided by online betting platforms today, which are international companies that do not have residence in Chile. The companies are registered and pay,” he concluded.
The complete text can be reviewed at the following link: https://www.hashcut.com/v/xnbAMsG
Región: South America
(Sofia).- EGT Digital's iGaming platform X-Nave was acknowledged as "Online platform of the year" from the 2023 edition of the BEGE Awards. The competition traditionally accompanies the BEGE Expo show and the EEGS conference and this year gave awards in a total of 22 categories, covering both land-based and digital aspects of the gaming industry.
Friday 01 Dec 2023 / 12:00
(Sofia).- EGT reaped great success at this year's edition of the BEGE Awards, taking 3 prizes from the competition. At a ceremony held at Club Black & White at Grand Hotel Millennium in Sofia on 21 November, the Bulgarian manufacturer of gaming equipment received awards in the "Supplier of the Year" and "Jackpot Concept of the Year" categories and the company's CEO Vladimir Dokov was acknowledged as "Executive of the year".
Thursday 30 Nov 2023 / 12:00
(Sofia). - It was a great conclusion to the exhibition year 2023: The Balkan Entertainment & Gaming Expo (BEGE) in Sofia, one of the most important B2B gaming trade fairs in Eastern Europe, once again proved to be an extremely successful and well-attended event.
Wednesday 29 Nov 2023 / 12:00
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.