Chile · Economy
Key Facts
—Forced VAT Withholding Payment processors for 10 named platforms, including Bet365 and PokerStars, will now be forced to withhold Chile’s 19% VAT, directly impacting operators’ revenue.
—Regulatory Milestone The enforcement action marks a turning point, pressuring offshore operators to join a formal tax system ahead of a full licensing regime.
—Consumer Risk Players on unregistered sites lack clear consumer protections, anti-money laundering safeguards, and responsible gaming tools that a regulated market would provide.
