Latin America’s iGaming landscape is evolving fast, and Peru is quickly becoming one of the markets worth paying close attention to. With a growing digital population, strong interest in sports betting, and a clear move toward regulation, the country has stepped out of the grey zone and into a new and more structured phase for online gambling. For operators and providers looking at LATAM, Peru is no longer a “future opportunity”; it’s a present one.
What makes Peru especially interesting is the balance it’s trying to strike: creating a regulated environment that protects players, generates public revenue, and still leaves room for innovation and growth. New rules bring new responsibilities, but they also bring clarity, stability and long-term potential. In this guide, we’ll break down how Peru’s regulated iGaming market is taking shape and what operators and providers need to know about regulation, market opportunities, and the path to success in the country.
iGaming Regulation in Peru: From Grey Market to a Regulated Framework.
For years, online gambling in Peru operated in a legal grey area. While land-based casinos and betting shops were regulated, online betting and iGaming platforms existed without a clear and unified legal framework. This lack of regulation created uncertainty for operators, limited player protection, and made it difficult for authorities to monitor activity, collect taxes, and effectively combat illegal operators. Still, player demand continued to grow, especially for online sports betting, highlighting the need for a more structured approach.
That changed with the introduction of a nationwide regulatory framework for remote gaming and online sports betting. By formally regulating iGaming, Peru signaled its intent to bring clarity, transparency and accountability to the market. The new rules established licensing requirements, compliance standards and tax obligations for both operators and providers, while giving players access to safer and more trustworthy platforms. In short, Peru didn’t just legalize online gambling; it laid the foundations for a sustainable and regulated iGaming market built for long-term growth.
Licensing, Taxation and Compliance.
With regulations in place, Peru introduced a framework to bring order, transparency and accountability to its iGaming market. The goal was simple: to ensure that only licensed operators and certified providers would offer online gambling services, while protecting players and generating public revenue. For operators and B2B suppliers, understanding how this framework works is essential to entering, and staying, in the market.
Key Regulatory Bodies.
Peru’s iGaming market is regulated at a national level by the Ministry of Foreign Trade and Tourism (MINCETUR). Through its dedicated regulatory body for remote gaming and sports betting, MINCETUR is responsible for issuing licenses, overseeing compliance, and enforcing the rules established under the new legislation. This centralized approach gives the market consistency and legal clarity, reducing fragmentation and uncertainty for operators and providers.
Licensing and Compliance Requirements.
Under the new framework, all online betting and iGaming operators must obtain a local license to legally operate in Peru. This requirement also extends to B2B providers, including platform suppliers and game developers, who must be authorized to offer their services to licensed operators. Compliance obligations include technical certifications, player verification (KYC), AML controls, responsible gaming tools, and platform audits, which ensure that only secure and compliant solutions are part of the regulated ecosystem.
Taxation and Financial Structure.
Peru’s regulatory model includes a tax on gross gaming revenue (GGR), alongside an additional tax applied to individual bets. While taxation brings added costs for operators, it also formalizes the market and creates a more sustainable environment for long-term growth. Tax revenues are directed toward public funds, including tourism development and social initiatives, reinforcing the government’s interest in maintaining a healthy and well-regulated iGaming sector.
Enforcement and Anti-Illegal Measures.
To protect the regulated market, Peru strengthened its enforcement mechanisms against unlicensed operators. Authorities have the power to impose financial penalties, block illegal websites, and restrict payment processing for non-compliant platforms. These measures reduce black-market activity, channel players toward licensed operators, and create fair competition for companies that choose to operate within the rules.
Market Size & Growth Potential: Why Peru’s iGaming Market Matters.
Peru’s move into regulated iGaming isn’t just about rules; it’s also about real economic opportunity. With clearer laws, licensing and enforcement now underway, the market is attracting domestic and international operators and signaling long-term growth potential. While Peru still trails larger South American markets like Brazil and Argentina, projections and early figures suggest steady expansion in both revenue and player engagement, driven by rising digital adoption and interest in online betting and casino games [iGaming News].
According to regional industry forecasts, Latin America’s regulated online gambling market could grow from around US$ 2.5 billion in 2024 to an estimated US$ 12.3 billion by 2028 — and Peru is part of that story, with projections indicating the country’s iGaming revenue alone could reach roughly US$ 436 million in 2025 and exceed US$ 850 million by 2028 [iGaming News]. Research also points to strong internet and mobile penetration in Peru, which supports increased access and engagement with online gaming platforms as more players connect through smartphones and mobile apps [iGaming Today].
Cultural Context: Player Behavior in Peru’s iGaming Market.
Peruvian players are among the most active in Latin America. A study found that about 92% of Peruvian bettors place bets at least once a month, with 75% wagering weekly — the highest engagement rate in the region [iGaming Today]. Sports betting remains the dominant vertical, with around 58.8% of the population having placed a bet on sporting events in recent years, largely driven by the nation’s passion for football and other major competitions [Yogonet]. These trends are amplified by Peru’s strong digital footprint, with internet and smartphone penetration among the highest in the region, which makes online platforms the preferred choice for a large segment of adult players [iGaming Today].
On the demographic front, the typical Peruvian iGaming consumer tends to skew toward younger and male players, although participation spans across age and gender brackets. Industry research indicates that a significant portion of active players are between 25 and 40 years old, and the market continues to grow in urban hubs like Lima, Trujillo and Arequipa [iGaming Today]. Beyond just frequency, behaviors like how people bet, with many using digital wallets and mobile apps, show a market evolving toward convenience and technology-first interactions that align with global digital entertainment trends [Globe News Wire].
Future Outlook: Trends and Opportunities in Peru’s iGaming Market.
Peru’s regulated iGaming market is still in its early growth phase, but the signs for what comes next are compelling. With formal licensing underway and operators increasingly committing to the market, Peru is positioning itself as a stable and scalable destination for digital gambling. Forecasts suggest that both revenue and engagement will continue rising steadily through the rest of the decade, supported by technology adoption, event-driven demand and evolving player behaviour [iGAMist].
According to a recent industry analysis, Peru’s online gross gaming revenue (GGR) could reach around US$ 1.4 billion by 2030, representing a roughly 35-fold increase from early post-regulation levels as digital platforms mature and mobile usage expands. Mobile betting, already a cornerstone of player engagement, is expected to account for nearly half of all iGaming revenue by 2030, highlighting the importance of mobile-first strategies for operators [iGAMist]. Meanwhile, broader market forecasts estimate that Peru’s overall gambling sector will grow at a 6.4% annual rate through 2028, driven by both digital adoption and increasing participation across age groups [ProActivo].
These trends point to a future in which Peru’s iGaming market becomes more attractive to international operators and local innovators alike. Events such as the FIFA World Cup 2026 are already expected to spur significant spikes in online betting intent among Peruvian football fans, with surveys finding that up to 85% of fans plan to place bets online around the tournament. As the regulatory environment stabilizes and competition increases, operators who focus on mobile experience, localized payment solutions and culturally relevant content will be best positioned to capture long-term growth in this dynamic market [IGC].
InPlaySoft: The Ideal Partner for Sustainable Growth in Peru.
Peru’s regulated iGaming market offers opportunities, but success will depend on more than simply holding a license. Operators entering or expanding within the country need technology that is stable, compliant, and built to scale as regulation evolves and competition increases. This is where choosing the right partner makes the difference. A fast and reliable platform, with deep regulatory know-how and the ability to adapt quickly to local market demands are essential to building long-term trust with both players and regulators.
InPlaySoft supports operators with a complete iGaming platform designed for regulated markets like Peru. From sportsbook and casino to player management, compliance tools and fast market entry, our technology helps operators launch confidently and grow sustainably. We take care of the complexity behind the scenes, so our partners can focus on what really matters: building strong brands, delivering great player experiences and capturing long-term value in one of Latin America’s most promising regulated iGaming markets.
