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Tag Archives: Ecuador

Ecuador – President cancels casino referendum

President Daniel Noboa has cancelled the popular consultation that could have allowed for the return of casinos. Via a message broadcast by his office the government announced that it would not include gambling as part of the proposals. The return of casinos, slot halls and sports betting had been one of 11 questions that President Daniel…

Ecuador – Gambling could return after popular consultation

The return of casinos, slot halls and sports betting could be part of a popular consultation. The return of gambling is one of 11 questions that President Daniel Noboa  wants Ecuadorians to answer in an upcoming referendum on key issues. The questions were sent to the Constitutional Court for approval. During his election campaign, President…

Ecuador – President legt reclameverbod op sportweddenschappen op

De president van Ecuador, Guillermo Lasso, heeft een verbod op reclame voor sportweddenschappen goedgekeurd. De maatregel is in werking getreden onder Uitvoeringsdecreet 853, dat officieel werd ondertekend op 23 augustus. De maatregelen maken deel uit van bredere regelgeving met betrekking tot communicatie die eind 2022 werd geïntroduceerd. In een verklaring zegt de grootste voetbalcompetitie van Ecuador, LigaPro,…

Ecuador – Court approves tax on sports betting

The constitutional court of Ecuador has approved new taxes on sports betting. The reforms are part of a much wider tax reform bill that includes tax cuts for most families.   The court had to endorse or reject two decrees signed by President Guillermo Lasso after he disbanded the National Assembly after facing a vote…

Ecuador – Belasting op sportweddenschappen gaat door ondanks constitutionele crisis

New taxes and regulations are still being planned as Ecuador plunges into a constitutional crisis. Guillermo Lasso, Ecuador’s president used a constitutional rule known as muerte cruzada (“mutual death”) to dissolve the National Assembly, after facing impeachment. The clause has never been used before. “Ecuador needs a new political and social pact to allow it to escape…

Ecuador – Regering gaat online sportweddenschappen belasten

De regering van Ecuador heeft een belastinghervormingsproject voorgesteld dat voorstelt om één enkele belasting in te voeren op de inkomsten die worden ontvangen door exploitanten van sportweddenschappen die legaal in het land verblijven. Het wetsvoorstel werd door minister van Financiën Pablo Arosemena aan de Nationale Vergadering voorgelegd en stelt een belasting van 15% op de GGR voor exploitanten voor. In…

Ecuador – Ecuador’s National Lottery launches online sports betting platform

The National Lottery of Ecuador has launched a new mobile sports betting platform.  BET593 features betting on more than 1,500 local and international sports events. The official sports betting operator described its new platform as a “new and modern” and has been designed to meet local demand for sports betting. According to the lottery in…

Ecuador – Ecuador could permit casinos in Free Trade Zones

Casinos could be allowed in newly set up free trade zones according to a new proposal which will be put before in The National Assembly. The proposal is part of a wider package of proposals designed to attract foreign investment.  The idea is one of several approaches presented under the so called “Investment Law” which has…

Continent 8: making the right connections

A number of jurisdictions in Latin America have made huge strides in regulating the gaming industry. Online gambling is now available in Buenos Aires, and Brazil will open its sports betting market soon. G3 speaks to Gabriel Szlaifsztein, General Manager – LATAM at Continent 8 Technologies, about the changes. Do you think that regulations being…