{"id":7381,"date":"2024-06-20T09:31:48","date_gmt":"2024-06-20T09:31:48","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2024\/06\/20\/paraguay-may-unlock-online-gambling-opportunities\/"},"modified":"2024-06-20T09:31:48","modified_gmt":"2024-06-20T09:31:48","slug":"paraguay-may-unlock-online-gambling-opportunities","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2024\/06\/20\/paraguay-may-unlock-online-gambling-opportunities\/","title":{"rendered":"Paraguay May Unlock Online Gambling Opportunities"},"content":{"rendered":"<div>\n<p>After several weeks of delays, Paraguayan Deputies are set to discuss amendments to Law No. 1016\/1997, which regulates games of chance. Scheduled for Wednesday, June 12, the proposal aims to dismantle the current monopoly on issuing gaming permits for <a href=\"https:\/\/igaming.org\/sports\/section\/about-sports-betting\/\">sports betting<\/a>, betting pools, and other games of chance.<\/p>\n<p>Deputies argue that the existing law needs modernization and should not promote a monopoly in gaming and betting licenses. The proposal states, <em>\u201cThe commercial dynamics of gambling have developed much faster than the \u2018unconstitutional\u2019 legal regime that to date governs gambling.\u201d<\/em><\/p>\n<p>A significant change in the proposal is found in Article 8, which specifies, <em>\u201cConcessions will be granted to the 3 (three) best bidders presented as a minimum and that they conform to the rules issued by the competent authority, which will include the power to increase the canon. Decisions to award national games of chance require the approval of the Executive Branch.\u201d<\/em><\/p>\n<p>This change contrasts with the current legislation, which grants concessions only to the single best offer. Deputy Adri\u00e1n \u201cBilly\u201d Vaesken (PLRA, C), who proposed the bill, recently met with Chartist colleagues, who have shown support. However, the Chartists, holding the majority in the Lower House, have not committed as a whole.<\/p>\n<h2><strong>Industry Response and Recommendations<\/strong><\/h2>\n<p>Last month, the Paraguayan Chamber of Gaming (CPJA), the Paraguayan Association of Gaming Operators (APOJA), and the Paraguayan Association of Gaming Entrepreneurs (APEJA) sent a letter to President Santiago Pe\u00f1a titled \u201cGambling is not gambling.\u201d The letter proposed maintaining the Conajzar and revising current laws to create a competitive regulatory framework that integrates technology to promote the market.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n\t\t<amp-img alt=\"7Bit Casino\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/7BitCasino.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"7Bit Casino\" target=\"_blank\" rel=\"nofollow noopener\">7Bit Casino<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>177% up to 5BTC + 77 <strong>\u00a0Free Spins<\/strong>!<\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of 177% + 77 Free Spins\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Dilip Chenoy, Chairman of the Bharat Web3 Association, emphasized the need for compliance:<em> \u201cWe call upon all industry participants to strictly adhere to laws related to anti-money laundering (AML) and combating the financing of terrorism (CFT).\u201d<\/em><\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/paraguay-may-unlock-online-gambling-opportunities\/\">Paraguay May Unlock Online Gambling Opportunities<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>After several weeks of delays, Paraguayan Deputies are set to discuss amendments to Law No. 1016\/1997, which regulates games of chance. Scheduled for Wednesday, June 12, the proposal aims to dismantle the current monopoly on issuing gaming permits for sports betting, betting pools, and other games of chance. Deputies argue that the existing law needs [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-7381","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/7381","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=7381"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/7381\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=7381"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=7381"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=7381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}