This was done primarily as pari-mutuel betting on track, which is still possible at all five tracks and at dog racing meetings too. This initiative represents a measure to protect licensed operators from grey market activities and will allow companies incorporated in Chile to obtain a general license for five years, renewable, or a temporary license for six months, non-renewable, for the operation of any betting or gaming object, except lotteries.īefore 1990 the only gambling permitted in Chile was betting on horse races. The planned regulations would allow both casino gaming and sports betting to increase tax revenues and ensure player safety. Current regulations prohibit even the country’s licensed land-based casinos from offering their services online. This proposal is currently under discussion in the Economy Commission of the Chilean Chamber of Deputies and could be approved by the end of 2023. In March 2022 was presented a draft law that seeks to regulate the development of online betting platforms in Chile.
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