October 31, 2023 | Press Release
The last Thursday, October 26, 2023, the Chilean Public Ministry made a groundbreaking decision that sent shockwaves through the country’s gaming industry. Through the Eighth Guarantee Court of Santiago, the legality of online betting platform operations in Chile was confirmed, marking a historic milestone for the sector. This decision was based on an exhaustive two-year investigation that determined there was insufficient evidence to support criminal charges against the operators of these platforms.
The resolution not only dismissed the complaints filed by physical casinos and the Chilean Charity Polla, but also offered unprecedented legal certainty to both operators and online betting users. This legal security paves the way for a promising and secure future in the Chilean online gaming market.
Samuel Osorio, Operations Manager of CGS Events, shared his perspective on this historic decision:
“The decision of the Public Ministry is a milestone that will drive growth and innovation in the online gaming industry in Chile. With legal uncertainty resolved, we anticipate increased investment, competition, and the adoption of advanced technologies. This will not only enhance the user experience but also stimulate the development of new platforms and services, creating a more dynamic and appealing market for both operators and consumers.”
“Furthermore, this decision paves the way for future regulations that could raise quality standards and ensure integrity in the Chilean online gaming industry. These regulatory measures will not only provide additional protection to end-users but also foster a transparent and ethical business environment, promoting responsible gaming.”
A Bright Future for the Online Gaming Industry in Chile
The decision by the Chilean Public Ministry represents a historic moment for the online gaming industry in the country. This legal clarity not only promotes a safe and reliable environment for current operators and users but also opens the door to an exciting and promising future. With a solid legal foundation and future regulations on the horizon, the online gaming industry in Chile is poised to thrive, offering benefits to both consumers and the national economy in the years to come.
Undoubtedly, this will be one of the key topics at the upcoming CGS Latam event, scheduled for May 29th and 30th in the Santiago de Chile City in Chile.
