Key facts (as of 29 October 2026)
- Colombia: Coljuegos administers the gambling monopoly. Online operators pay exploitation rights of at least 15% of gross revenue less prizes paid where the return to player is 83% or more, otherwise at least 17% of gross revenue. They also pay 811 monthly minimum wages a year (Ley 643 de 2001, art. 38, as amended).
- Colombia, 2026: Legislative Decree 0240 created a 16% consumption tax on online gambling for 2026 and says financial entities and PSPs must not serve unauthorised operators. See Latin America payments and PSPs.
- Mexico: the Interior Ministry (SEGOB), through its Directorate General of Games and Draws, issues permits. Operations must be in national currency, credit to bettors is banned, and permits last 1 to 15 years (Reglamento de la Ley Federal de Juegos y Sorteos, arts. 10, 11 and 33). The IEPS excise tax on betting rose from 30% to 50% on 1 January 2026.
- Peru: MINCETUR authorises remote gaming and sports betting platforms under Law 31557, as amended by Law 31806. The regulation (Supreme Decree 005-2023-MINCETUR) took effect on 9 February 2024 (MINCETUR). Tax is 12% of net income less a 2% maintenance allowance (SUNAT).
- Argentina: no national regulator. 23 provinces and the City of Buenos Aires each regulate gambling; gambling must be transacted in pesos (ICLG).
Comparison table
| Country | Regulator | Legal basis | Licence model | Tax | Payment rules |
|---|---|---|---|---|---|
| Colombia | Coljuegos (coljuegos.gov.co) | Ley 643 de 2001 | Concession contracts | 15% or 17% exploitation rights plus 811 minimum wages; 16% consumption tax in 2026 | PSPs must not serve unauthorised operators (Decree 0240) |
| Mexico | SEGOB, Dirección General de Juegos y Sorteos | Ley Federal de Juegos y Sorteos and its Reglamento | Permits, 1–15 years | IEPS 50% from 2026 | Pesos only; no credit to bettors |
| Peru | MINCETUR (gob.pe/mincetur) | Law 31557, amended by Law 31806 | Platform authorisation | 12% of net income after 2% allowance | Draft: payouts within three business days |
| Argentina | Provincial bodies | Provincial laws | Provincial licences or permits | Not covered here | Pesos only; some provinces require state-owned banks |
| Brazil | See Brazil betting ban and payments | ||||
| Chile | Bill pending; see Latin America payments and PSPs |
Colombia
Coljuegos is the state body that administers the monopoly over games of chance. Online gambling is operated under contracts with it. Ley 643 de 2001, art. 38 (as amended by art. 93 of Ley 1753 de 2015) defines a game as operated online when the bet and the payment of prizes are made only by internet, after the player registers on the authorised site.
| Item | Rule | Source |
|---|---|---|
| Exploitation rights, RTP 83% or more | At least 15% of gross revenue less prizes paid | Ley 643, art. 38 |
| Exploitation rights, otherwise | At least 17% of gross revenue | Ley 643, art. 38 |
| Fixed annual charge for online games | 811 monthly minimum wages, paid in the first 20 business days of each operating year | Ley 643, art. 38 |
| Consumption tax (2026) | 16%, triggered by each deposit including cryptoasset transfers; base is GGR | Decree 0240 |
| PSP duty | Financial entities and PSPs must not provide services to unauthorised operators | Decree 0240 |
Mexico
The Federal Law on Games and Draws is administered by SEGOB. Its regulation, last amended in the Official Gazette on 16 November 2023, sets the rules.
| Rule | Article of the Reglamento |
|---|---|
| Activities not expressly allowed are prohibited | Art. 2 |
| A written permit is required | Art. 7 |
| Operations in national currency | Art. 10 |
| No credit to bettors | Art. 11 |
| Remote betting centres only for Mexican companies; one permit per establishment | Art. 20 |
| Permit holders need a bond covering 60 days of average unpaid prizes; no shareholders in preferential tax regimes; must report operations with possible illicit funds | Art. 29 |
| Permits last 1 to 15 years, extendable by up to 15 | Art. 33 |
| Bets may be taken by internet with SEGOB-approved mechanics, recording the player's identity and account number | Art. 85 |
| Internet bets count as paid when the bank confirms the transfer | Art. 86 |
NoteThe 2026 IEPS reform also covers betting offered online by non-residents without a Mexican establishment, with withholding and reporting duties. See Latin America payments and PSPs.
Peru
| Item | Detail | Source |
|---|---|---|
| Law | Law 31557, amended by Law 31806 | MINCETUR |
| Regulation | Supreme Decree 005-2023-MINCETUR, published October 2023, in force 9 February 2024 | MINCETUR press release, 13 October 2023 |
| Who may play | Adults registered on platforms authorised by MINCETUR | MINCETUR |
| Tax | 12% of a base equal to net income (stakes and bonuses less prizes and refunds) minus 2% maintenance costs | SUNAT; Law 31557, art. 41 |
| Crypto | Crypto transactions by licensed operators are a serious infringement under current rules | Crypto under gambling licences |
| Draft payout rule | Payouts within three business days of request; comments close 5 November 2026 | RM 382-2026-MINCETUR |
Argentina
| Point | Detail (ICLG) |
|---|---|
| Who regulates | 23 provinces and the City of Buenos Aires; Congress keeps criminal law, including AML and CFT |
| Licence terms | City of Buenos Aires: online agency permits for five years, extendable by five. Province of Buenos Aires and Córdoba: 15 years, not renewable. Mendoza: 10 years |
| Currency | Gambling transactions must be in Argentine pesos; crypto not prohibited generally but not authorised for gambling |
| Banks | Some jurisdictions, such as the City and Province of Buenos Aires, require operations through state-owned banks |
| Territory | Remote gambling is limited to players located in the licensing jurisdiction; there is no nationwide online offering |
flowchart TD
A[PSP asked to serve a LatAm operator] --> B{Which country?}
B --> C[Colombia: check the Coljuegos authorised list]
B --> D[Mexico: check the SEGOB permit and peso settlement]
B --> E[Peru: check MINCETUR authorisation and no crypto]
B --> F[Argentina: check which province and its bank rules]
B --> G[Brazil: see the ban article]Timeline
| Date | Event |
|---|---|
| 13 October 2023 | Peru publishes the remote gaming regulation |
| 16 November 2023 | Last amendment to Mexico's Reglamento (DOF) |
| 9 February 2024 | Peru regulation in force |
| 1 January 2026 | Mexico IEPS on betting rises to 50% |
| 13 March 2026 | Colombia Decree 0240 in force |
| 21 October 2026 | Peru pre-publishes payout draft |
| 5 November 2026 | Peru comment period closes |
Q/A
Can a PSP settle Mexican bets in US dollars?
Mexico's regulation says operations must be in national currency (art. 10). Take Mexican advice on any cross-border structure.
Is crypto allowed for gambling in Argentina?
ICLG says virtual currencies are not prohibited in Argentina but their use for gambling has not been authorised.
Does a Peruvian licence cover sports betting and casino?
The law covers both remote games and remote sports betting, authorised by MINCETUR platform by platform.
Sources
- Ley 643 de 2001, art. 38 (consolidated, via leyes.co): https://leyes.co/regimen_propio_del_monopolio_rentistico_de_juegos_de_suerte_y_azar/38.htm
- Coljuegos, juegos operados por internet: https://www.coljuegos.gov.co/publicaciones/301519/juegos_operados_por_internet/
- DIAN, Legislative Decree 0240 of 12 March 2026: https://www.dian.gov.co/normatividad/Decretos/Decreto-0240-12032026.pdf
- Orden Jurídico Nacional, Reglamento de la Ley Federal de Juegos y Sorteos: https://www.ordenjuridico.gob.mx/Documentos/Federal/html/wo88470.html
- DOF, decree reforming the Ley del IEPS (7 November 2025): https://www.dof.gob.mx/nota_detalle.php?codigo=5772359&fecha=07/11/2025
- MINCETUR, press release on the remote gaming regulation (13 October 2023): https://www.gob.pe/institucion/mincetur/noticias/849413-mincetur-publica-reglamento-que-garantiza-seguridad-y-pago-de-premios-en-juegos-y-apuestas-deportivas-a-distancia
- SUNAT, impuesto a los juegos: https://orientacion.sunat.gob.pe/impuesto-a-los-juegos
- MINCETUR, Ministerial Resolution 382-2026-MINCETUR (21 October 2026): https://www.gob.pe/institucion/mincetur/normas-legales/8744194-382-2026-mincetur
- ICLG, Gambling Laws and Regulations: Argentina (secondary): https://iclg.com/practice-areas/gambling-laws-and-regulations/argentina/
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