The International Betting Integrity Association (IBIA) and the Chilean Association of Online Betting Platforms (APAL) have signed a Memorandum of Understanding to support the development of robust and sustainable regulation for online betting in Chile.
This development comes at an important moment for the Chilean market, as discussions are underway regarding the future regulatory framework for online betting and gambling.
The agreement brings together IBIA’s international expertise in betting integrity with APAL’s local industry knowledge.
As part of the collaboration, IBIA and APAL will work together to share information on regulatory, political and social developments affecting the sector, as well as exchange international experience and best practice from established regulated markets.
APAL Representative Carlos Baeza explained: “Chile is at a crucial moment in the discussion on how to regulate an activity that already exists and requires a clear and modern framework.
“In this context, our partnership with IBIA provides valuable information, comparative evidence and technical expertise that will be key to enriching the debate across multiple dimensions, from betting integrity and operational traceability to user protection and, of course, supervisory standards.”
Chile’s Government has accelerated the country’s online betting regulation bill after granting the proposal urgent legislative status this month, increasing pressure on Congress to advance discussions on the framework.
The bill, originally introduced in 2022 and currently under second constitutional review, seeks to establish a licensing system for online betting operators alongside tax obligations, compliance rules and responsible gambling measures.
Chile’s Gaming Superintendency estimates that more than 900 online betting platforms currently operate outside the law in the country