PE

Peru

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Peru is a green-level online gambling jurisdiction since the entire industry is regulated in full.

Peru is in the middle of the west coast of South America. It borders Chile and Bolivia to the south with Brazil to the east and with Ecuador and Colombia to the north. Its entire west coast is on the Pacific Ocean.

Overview

Online gambling in Peru is completely regulated on a federal level. There are no laws against gambling online for any type of betting. What's more is that players are also allowed to play at foreign sites as well, so they aren't limited to government-operated or government-licensed games. This gives players one of the best openly-regulated selections of games to choose from.

It's very impressive that Peru has taken this approach with online gambling considering that it's only been regulated since 2008. In that time, they have become a real model for what other countries should do to regulate online gambling.

Licensing

The licensing process for Peru is pretty straight-forward, and it involves adhering to a certain set of strict criteria. They do not require that a company be based out of Peru to get a license, and this is the ideal situation to allow fair competition. Companies have been getting licenses since 2008, and this includes several of the top international brands. In fact, well-known UK site Betsson was the first to get a gambling license in Peru to give you an idea of how they are approaching the international aspect of their licensing program.

Player Protection

Peru has really went above and beyond the call of duty on the issue of player protection for operators that they license. All play and all financial transactions are logged through one central hub to make sure that all records are correctly kept and maintained. With that having been said, they do not offer any player protections when going with foreign operators even though it's 100 percent legal for players to go with sites that do not hold a license in Peru.

These changes for creating a network of servers to keep up with all licensed online gambling transactions came after changes in online gambling laws were made in 2011. Even though they've only been giving licenses since 2008, they saw the need to quickly and effectively begin the process of effective record-keeping to maintain a strong Internet gambling economy.

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