Chile bans slots machines outside of casinos

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Chile’s Senate has approved a bill to prohibit the use of slots machines outside of casinos. The bill was passed unanimously with 29 votes in favor, and it now advances to the Chamber of Deputies.

The bill defines a slot machine as any electronic system capable of receiving bets, which grants the user a time of use, and grants prize money through a randomly generated algorithm.

Due to slot machines being “games of chance”, they are banned outside of casinos that carry the necessary operating permit – which doesn’t yet extend to online slot machines.

The sanctions for breaking these rules include minor imprisonment and a potential fine of up to CLP$10.4m (£10,025/€11,694/US$13,911).

Within 180 days of the bill becoming law, potential vendors must have sent their license applications to the Superintendency of Gambling Casinos and the Public Ministry.

This is the latest step in the Chilean government’s attempt to regulate the gaming industry, with plans to legalize online gambling announced back in February.

Szilaghi Consulting offers consultancy services and complete package solutions for gambling license acquisition that include:

  • Gambling jurisdiction and business advisory
  • Gambling business corporate structure incorporation
  • Opening bank accounts
  • Gambling license application

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