As with many other matters to be legislated in the South American countries, the one that welcomes games of chance and betting is less present than desirable. However, some governments, in view of the continuous growth that the sector is experiencing, have decided to take legislative measures in this regard to guarantee a legal framework where this type of activity can be protected. And, above all, with the aim of stopping illegal gambling and money laundering. Although, obviously, with exceptions, since other governments directly prefer to continue ignoring the situation and not legally regulate an industry that does not stop growing and generating money.

Some of these laws regulating games of chance also include internet games, while in other cases only casinos and betting rooms are regulated at street level. As a general overview, this is how the regulatory framework is in some South American countries:

Argentina. Gambling is regulated by each provincial administration, so we are not talking about one state law, but many provincial ones. As there is no uniqueness, the truth is that everything has ended up being quite imprecise.

Chili. This country already has several laws that regulate lotteries and gambling houses, bets and loans. Regarding the online modality, the Senate has shown its interest in working on the issue by presenting a bill. However, the process may take time to come to light.

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Brazil. After drawing up a regulation that regulated gambling in this country, nothing else has been heard of it since it entered the Senate for a vote. So, for the moment everything has been left in borage water.

Colombia. Online gambling in Colombia is fully legalized and since 2016 the first licenses began to be issued to casinos to operate online.

Bolivia. The Bolivian government has seen the dangers of illegal gambling in time and is committed to drawing up the Lottery and Chance Games Law, which has finally been approved in the courts, although nothing is said about the online modality.

Ecuador. Here instead of moving towards legislation, what was done was outlawed gambling entirely. In 2012, casinos, bingo halls and open game rooms in this country ceased to legally operate. However, the declaration of illegality did not explicitly mention online games, so there are those who have understood this lack of illegality as a form of legality.