Comparison with Argentina and Peru (Chile)

1) Quick shot: Status as of October 2025

Chile. The Senate has generally approved a bill to regulate online platforms; there is an article-by-article stage and refinement in the commissions. In parallel, SCJ publishes stable offline metrics (H1 2025 - ~ CLP 282 billion GGR).

Argentina. Fractional regulation in 24 jurisdictions (23 provinces + CABA); License rules and terms vary (e.g. CABA - 5 + 5 years; Buenos Aires Province - 15 years). There is no single federal framework for online.

Peru. The online market is fully regulated: law No. 31557 (2022) with amendments, MINCETUR regulations in force from February 2024, active acceptance of applications and institutional setup (a special unit for authorization and registries has been created).

2) Who regulates and how licenses are issued

3) Online "readiness" and launch rate

Chile: political "green as a whole" in the upper house → further amendments and secondary rulemaking; prior to the entry into law, there is a line on blocking unlicensed sites based on court decisions/regulator positions. For business, this means preparing the dossier and infrastructure for a quick start after the promotion.

Argentina: exit strictly by provinces: you need a local legal entity/partner, compliance with each jurisdiction, taking into account the terms of licenses and different advertising rules (approximate framework for SAVA/Prov. Buenos Aires/Córdoba/Mendoza see sources).

Peru: MINCETUR opened windows for applications, hundreds of appeals in the first month after the entry of norms; in 2025, the department strengthened its institutional capacity (new authorization/registry directorate). Time-to-market is the shortest of the three.

4) Offline Casino Market: Scale and Reliance on Tourism

Chile: H1 2025 - CLP ~ 282 billion GGR, ~ 3.3 million visits (-3.7% YoY). Large complexes (Monticello, Viña del Mar, etc.) are anchors of weekend tourism.

Argentina/Peru: offline operates under local norms; omnichannel schemes are strategically important for online (cross-cell in the provinces of Argentina and in the tourist hubs of Peru).

5) Taxes, advertising, responsible play (in general terms)

Chile: the project lays down taxation of GGR + IVA and the specifics of deductions (including sports); advertising and sponsorship - a zone of tough discussion and expected restrictions.

Argentina: Rates/rules vary by province; significant differences in advertising, club sponsorship, KYC/AML and reporting. Planning - by the "portfolio of provinces," and not by the country as a whole.

Peru: a single MINCETUR regime with clear requirements for B2C/B2B licenses, payments, KYC/AML, RG tools and fines for violations.

6) What it means for Chilean readers and businesses

If you are an operator/investor

Chile → starting readiness. Work a financial model for CLP with project taxes and stock for advertising restrictions; Prepare payment integrations and RG features for "Day 1."

Argentina → a jurisdictional plan. Choose 2-4 "anchor" provinces (for example, CABA + Prov. Buenos Aires) and build a phased launch; consider different license terms (5/10/15 years).

Peru → a fast time market. Prepare the package on MINCETUR, take into account the requirements for B2B registers and integrations; the market is already accepting and processing applications.

If you are a player/user

Chile: legal online platforms will appear after the entry of the law; until then, focus on offline casinos and national lotteries.

Argentina: Check provincial operator license (LOTBA/IPLyC BA, etc.) - status depends on your jurisdiction.

Peru: Look for MINCETUR licensed providers and include responsible play tools (limits, self-exclusion).

7) Key differences - on one page

For Chile, the strategy of "looking at Peru without forgetting Argentina" looks rational. Peru shows how to quickly launch a single and transparent online mode with MINCETUR and DGJCMT. Argentina remains a large but fragmented bridgehead, where success is ensured by the operational discipline "province by province." Chile is approaching centralized legalization of online - this is a chance to combine a strong offline foundation with a predictable digital framework and avoid the Argentine "mosaic," relying on the Peruvian experience of implementation.

Sources: Chilean Senate and profile publications on the passage of the bill; SCJ offline casino bulletins (H1 2025); Analysis of the Argentine Mosaic (SAA/BA/Córdoba/Mendoza); Peruvian regulatory framework (Law No. 31557, MINCETUR regulations, acceptance of applications/institutional adjustment).