The Chilean executive granted the highest legislative urgency on Wednesday 7 May 2026 to Bill 14838-03, which seeks to regulate online betting platforms and is now in its second constitutional reading in the Senate.
The procedural change obliges the Senate to discuss the bill within 15 days. The initiative was first introduced in March 2022 under the Piñera administration and retained by the Boric government, which used repeated urgency motions has now been accelerated again under President José Antonio Kast.
Under the bill, operators would need to apply for a general operating licence and to constitute themselves in Chile as closed corporations with an exclusive object. The existing Superintendency of Gaming Casinos would be transformed into the Superintendency of Casinos, Betting and Games of Chance, with powers to grant licences, supervise technical compliance, sanction infringements and obtain remote real-time access to platforms for monitoring bets, payments and financial flows.
Operators would pay a specific 20 per cent tax on gross gaming income plus value-added tax, alongside a new 1 per cent responsible-gaming contribution on annual gross revenue. The law would put in place a 15 per cent tax on user winnings at withdrawal and a 2 per cent share of sports betting income for national sports federations.
Operators would also need to inform the origin of their funds and identify their shareholders and ultimate beneficial owners, and would be treated as obligated entities for the reporting of suspicious operations under anti-money-laundering rules.
The bill establishes a National Self-Exclusion Register that is binding for both online platforms and physical casinos, with a minimum exclusion period of six months. Operators that operated in Chile without a licence during the 12 months before applying would be barred from requesting a licence and, to regularise their position, would have to pay a one-off substitute tax of 31 per cent on their gross income for the previous 36 months.
New offences are incorporated into Chile’s Law on the Criminal Liability of Legal Persons, with prison terms and fines of 11 to 200 monthly tax units for those operating without a licence.
In August 2025 Chile’s Senate approved the project aimed at regulating online betting platforms. The bill received 27 votes in favour, three against, and five abstentions. According to a government press release the initiative would continue its detailed analysis in the Joint Committees of Economy and Finance to expedite processing, with a deadline for amendments set for 12:00 PM on September 29. However up until now there had been no real word on the bill.
In November Chile’s Supreme Court ordered major internet companies operating in Chile to block access to all illegal online betting sites within five days. This ruling, makes effective a decision made at the end of the previous month. The Supreme Court established that only Polla Chilena de Beneficencia, Lotería de Concepción, and Teletrak have the legal authorization to offer online gambling, deeming other platforms illegal.
The post Chile fast-tracks online betting bill with new gaming body and 20 per cent tax appeared first on G3 Newswire.
The Chilean executive granted the highest legislative urgency on Wednesday 7 May 2026 to Bill 14838-03, which seeks to regulate online betting platforms and is now in its second constitutional reading in the Senate. The procedural change obliges the Senate to discuss the bill within 15 days. The initiative was first introduced in March 2022…
The post Chile fast-tracks online betting bill with new gaming body and 20 per cent tax appeared first on G3 Newswire.