IMGL Magazine November 2022

Emerging markets & culture

increase in net income generated annually by the holders. 18. The following chapter contains the obligations and prohibitions of the holders of an authorisation to operate the platforms. The following are among the most important obligations. Holders must: a) Maintain an account opened in a financial or banking institution under the supervision of the Superintendency of Banking and Insurance of Peru (SBS) in which deposits are exclusively found for bets made by players. It is the authorized platform holder’s responsibility to guarantee the intangibility of deposits as long as the result of the bets made is not known. The holder is also responsible for the cost of opening and maintaining the account, as well as the payment of the taxes levied on the movements of the deposits made. b) Exploit the platforms through a domain with the extension: “bet.pe”.

route, of temples, or education centers where regular basic education is provided.

19. Advertising of platforms that are not authorized by MINCETUR is prohibited. Authorized platforms may sponsor companies, individuals, events, or activities of any nature, to the extent that the sponsorship does not violate current legislation. 20. The law establishes a Regime of Infractions and Sanctions, corrective and precautionary measures among which will comprise reprimands, fines of 1 to 200 UIT, cancellation of authorization, disqualification for up to ten years, permanent disqualification and corrective measures such as the temporary closure of an establishment, temporary suspension of activities, permanent closure of an establishment, confiscation of assets, immobilization of assets, blocking of IP addresses, URLs, WEB pages and / or computer

applications which may also be carried out as temporary measures to ensure the effectiveness of the final resolutions of any sanctioning procedure. The detail of the punishable infractions is incorporated in Article 38 which all the people involved in the operation of the platforms should familiarize themselves with. 21. The Bill

c) Guarantee that the service providers of the platforms provide MINCETUR and / or SUNAT with the necessary information and access, in the procedures of control of the platforms. The following are among the most important obligations. Holders must not: a) Allow minors onto the platforms,

or direct messages to the underage population through real or virtual representations of them. b) Transfer under any modality, in whole or in part, the authorization of exploitation of the platforms granted by MINCETUR. c) Allow money obtained as a prize or bonus to be used to make new bets that are not part of the taxable base of the Gaming Tax. d) Allow, among others, people registered in the Registry of Persons Prohibited from Accessing Establishments Destined to the

creates a Tax on Remote Games and Remote Sports Betting. This will be paid

Exploitation of Casino Games and Slot Machines, in charge of the Director of Casino Games and Slot Machines dependent on MINCETUR. e) Locate Remote sports betting gambling halls within 150m meters, following the minimum pedestrian

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