The country is a step closer to eliminating the long-held gambling monopoly
Paraguay has taken a significant step toward reforming its gambling industry with the introduction of a new bill aimed at dismantling the current monopoly and liberalizing the market. Proposed by the executive branch earlier this month, the legislation seeks to amend Law No. 1,016/1997, which governs gambling activities in the country. The bill has already gained partial approval in the Chamber of Deputies and is now awaiting review by the Senate.
If passed, the new law will empower the National Commission of Gambling (Conajzar) by placing it under the oversight of the National Tax Revenue Directorate (DNIT). This move is intended to enhance Conajzar’s regulatory capabilities, ensuring better oversight of the gambling sector while streamlining tax revenue collection. Conajzar President Carlos Liseras has expressed optimism about the proposed changes, suggesting that opening the market to competition could boost tax contributions and create a more dynamic and competitive industry.
The legislation aims to end the current system that requires operators to secure gambling rights through public tenders. Instead, it will allow private companies to compete freely in the market. The government believes this shift will encourage innovation and attract new players to the industry, reflecting Paraguay’s evolving economic landscape. The bill also highlights the impact of technological advancements on the gambling sector, which has introduced new forms of betting and expanded the number of operators and users.
One of the bill’s core goals is to optimize Conajzar’s operations, granting it greater authority to regulate and oversee the gambling market effectively. By aligning it with DNIT, the government hopes to create a more robust and transparent framework, benefiting both operators and the state. If the Senate approves the bill, Paraguay could usher in a new era for its gambling industry, fostering growth and modernization.
Emma Rodriguez is the Proofreader at the Big Blind, with seven years of experience and five years in online gambling. She plays a crucial role in maintaining content quality by ensuring error-free, reader-friendly information about the gambling industry.
