At the end of 2024, Paraguay adopted Gambling Law No. 1016/1997. The document was considered by the Senate on December 19th and by the Chamber of Deputies on the 24th.
The country’s government initiated a radical legal transformation of the domestic RMG market and opened access to the vertical for private enterprises. Such actions are expected to multiply the flow of tax revenues and allow the regional gaming industry to reach the same level as the world’s leading jurisdictions.
Key Details of the New Law
The first amendments were submitted to the Senate back in November 2024.
The main provisions in the document:
- creation of effective industry monitoring programs;
- abandonment of monopolies in favour of liberalisation of the sphere;
- aligning with international standards that would help to elevate the state’s segment.
The discussions resulted in a completely new law and restructuring of the previously existing regulatory commission. Since the beginning of 2025, the authority has been under the control of the country’s National Directorate of Tax Revenues. The reorganised body’s main task is to ensure effective supervision of the market’s financial indicators and maximise revenues to the treasury.
Support for Legislative Changes
Paraguay’s reforms are entirely in line with the global trend of developing a transparent gambling sector.
In 2024, similar shifts affected a number of countries:
- Finland announced the transition from a monopoly to a liberalised gaming vertical;
- Zimbabwe’s government introduced an additional 10% tax on winnings from sports bets to fill the treasury.
Some MPs initially opposed Paraguay’s bill. Nevertheless, lawmaker Yamil Esgaib and the President spoke in support of the initiative.
The law’s adoption allowed the state to position itself as a progressive participant in the international gaming network and guarantee investors sustainable long-term benefits.
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