The Benefits of Working in the South America Market
Profitability and demand for gambling
Working under an international license
Rapid launch of online casino projects
Favourable environment for iGaming
A new operator should know the South American gambling laws to be successful. Such countries as Brazil and Colombia have already made huge steps towards legalizing both land-based and online directions of the industry. Some other states can boast of a favourable gambling market in South America.
At the same time, questions continue to appear about why operators are eager to launch South American gambling platforms. Casino Market decided to shed light on this issue and bring some disclosure to the online gambling business in South America.
A few reasons can explain the increased demand for online gambling entertainment in South America. The first and most important is the players’ desire to join the websites with their favourite games. Secondly, it is a rapid digitalization of the entire continent that makes the gambling business in South America a great place for offering services on the internet. Let us review the advantages of the local market a bit closer.
Very few South American countries have regulated online gambling environments. Most of the casino website owners operate here with a license from a foreign jurisdiction. No gambling law in South America in 2020 prevents the locals from accessing such sites. However, such countries as Brazil are currently very close to regulating the industry and fight for the taxes that can be received from issuing licenses. Let us review the most influential countries in the region and their relation to a casino law in South America.
Poor online gambling regulation resulted in different provinces to have their own laws on the industry. Consequently, the national government is working towards reinstalling control over the online gambling sphere in the country in a unity
The recently failed SB 186/2014 was the closest bill towards regulating online gambling in the country. However, the government rejected it for now and is working on improving certain aspects for better control in the future
After installing strict regulations in 2016, this gambling market in South America became an example for a lot of the country's neighbours. Today, the local gaming commission (Coljuegos) issues online gambling licenses for operators who meet the requirements
There is no possibility to start an online gambling business in this country after the national referendum in 2011. The local authorities do not issue gaming licenses either
It is possible to start a casino in South America with the permission of this country. However, the regulations were adopted long ago and can contradict the international standards of the online gambling sphere
The local government has been working very hard on the local regulation of the online gambling industry. The operators might soon have another destination for launching South American gambling platforms
South American gambling laws are not stable but some countries have great potential. If you want to open gambling in South America, you should look for a proper foreign jurisdiction that issues operational permits for working in the desired region. Moreover, if you want to avoid the possible mistakes, you should probably order a turnkey casino in South America.
So, you have made your mind to buy a casino in South America. The only problem is where to start. First of all, a casino website looks like any other serious business project. So, you might need to elaborate a business plan first to understand what you will have to go through. Apart from individual project development, it is also possible to order a turnkey casino in South America from Casino Market.
Basically, it implies a transfer of all organizational responsibility from an operator to the company’s experts:
As efficient as an independent development of the gambling business in South America can be, it is much safer to have professionals there for you. The experts from Casino Market will eagerly provide you with high-quality assistance and help you develop a lucrative gambling environment.
The decision to start online gambling in South America can be very profitable if you ensure your organizational process is smooth. It is not only about high-quality software and the increased functionality of the website.
It is essential to be aware of certain peculiarities when you start a casino in South America:
There is no need to worry about an online casino law in South America. The experts at Casino Market have enhanced juridical background. Together with the most reputable software providers (Novomatic, EGT, Microgaming, and others), we will help you set up a legal and lucrative gaming environment. You can always ask our specialists such questions as “Is gambling legal in South America?” or “How much does it cost to launch a gambling website in South America?”. Just pick a convenient communication method and inquire about anything you might want to know.
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