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Simple business licensing
Operate under a South American license or get an international permit in one of the best jurisdictions
Demand for gambling sites
Residents of South American countries take an active part in various gaming and betting online activities
Advanced payment tools
People from Brazil and other states have long been using cryptocurrencies and other up-to-date services
Fast payback of the project
As a rule, online casino operators working in South America get the desired profits just in 3-6 months
Popularity of mobile gaming
Opening mobile projects will allow you to reach a wide audience from the whole South American continent
Optimal business conditions
Many countries of the region provide loyal conditions for operators (adequate taxes, fast licensing, etc.)
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1. Online Gambling Regulations in South America
2. Benefits that Operators Can Get on the Online Gambling Market in South America
3. A Quick-Start of a Gambling Career with A Turnkey Casino in South America
4. The Main Things about Starting an Online Gambling Business in South America
South American gambling laws are not consistent since different countries have their own regulations. It particularly concerns the online industry. Most of the countries have their focus on land-based gambling facilities (Brazil — Rio and Sao Paulo, Colombia — Bogotá, Argentina — Buenos Aires, etc.). The internet sphere is rather profitable market for a beginner since there are not many competitors. If an operator wants to start online gambling in South America, it is essential to study the local laws as well as to inquire about the slightest peculiarities of this type of entertainment.
Smart Money want to present to you a detailed guide on the online gambling market in South America and explain why it is beneficial to enter it with your own project.
It is not easy to generalize online casino law in South America, since most countries (such as Ecuador and Peru) have a peculiar approach to the industry. Some have established regulations even on the provincial level. Therefore, when an operator wants to buy a casino in South America and focus on the local audience, it is essential to study the basics of the biggest markets on the continent.
South American region
Peculiarities of local gambling laws
It is one of the few regions that have a regulated online gambling market in South America. In 2016, the local gambling legislator called Coljuegos started blocking all unauthorized gambling websites, which means that people have to play at foreign-based platforms
Another interesting representative of the online gambling business in South America. While all regulated countries in the continent have national control of the industry, Argentina focuses on the provincial level but plan to shift the spotlight soon
The country is currently the closest to start issuing South America casino licenses. After the unsuccessful effort to approve the SB 186/2014 bill that would legalize the online gambling, the local government works towards the improvements since 2016
After Brazil, the next country that operators patiently wait to change its regulation is Paraguay. The local legislators are eager to allow registering the online gambling business in South America on their premises, so the future seems bright
Even though it is possible to launch a South American gambling establishment on the internet with one of the local licenses, there is a much more efficient way out. New operators are welcome to offshore jurisdictions that issue operational permits on the territory of the Latin continent.
The reasons for establishing the gambling project in this region are actually impressive with how beneficial the business can be.
There are no accidental operators in the online gambling market in South America. Smart entrepreneurs choose particularly this region because it is beneficial to develop a career here. But what are the main advantages of the start of a casino in South America?
The experts from Smart Money decided to analyze the possibilities of the industry in this region:
Considering favourable prediction of the online gambling law in South America in 2020 and numerous advantages of the operation in the region, this destination becomes an incredible start of the career for new operators. But the lack of experience can become a huge problem for such entrepreneurs. Luckily, there is a perfect way out of this situation.
A lot of new operators abandon their gambling projects simply because they get stuck on a certain stage and do not know how to continue. That is all because the gambling business is a particular sphere that requires a special approach. The experts at Smart Money are aware of the possible problems that can occur in a new operator.
So, we offer a convenient turnkey casino in South America that includes:
As you can see, the experts at Smart Money will be responsible for almost every single step of the organizational process. It makes our turnkey casino in South America an attractive offer for new operators that are eager to focus on the audience in this area.
As you can see, in order to open gambling in South America, an operator has to work hard and have substantial knowledge of the region. Good for such entrepreneurs, that is what professional assistance exists for.
In order to make the launch of South American gambling straightforward and efficient, an operator should keep in mind the following notions:
Remember, an operator can easily open gambling in South America. It is only about how efficient the organizational process is. If you still have any questions about the casino law in South America or any other related issues about the local market, contact the Smart Money customer relationship centre to receive the necessary answers or to discuss the order.
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