The Paraguay Chamber of Deputies has approved a bill that will bring an end to the country’s gambling monopoly system and liberalize the market in the country.
On Tuesday (17 December), a second extraordinary session of the Chamber of Deputies in Paraguay approved a number of final amendments to the nation’s existing gambling legislation (Law No 1,016/1997).
The approved bill includes the end of Paraguay’s gambling monopoly, with legislation previously stating the “exploitation of national games of chance will be carried out exclusively by public tender”.
The amendments sought to enhance the powers of the National Commission of Gambling (Conajzar) by placing it under the government’s National Tax Revenue Directorate.
