Key Takeaways
- Chilean Senators Antonio Horvath and Ricardo Lagos Weber have presented a draft bill to the Parliamentary Finance Committee that would create a legal structure for online gaming.
- The Parliamentary Finance Committee has agreed to consider the proposals.
- A 2005 law authorizes land based gaming, but ignore the modern internet technology.
- The proposed amendments would create gaming tax revenues as well as providing protection from problem gambling and under age access to gambling.
Chile may soon join the ranks of South American countries which have a legal framework for online gambling as two senators propose amendments to a law last changed in 2005.
