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Reference last reviewed 27 October 2026

Market Profiles

Latin America

The region where most of the industry's recent licensing work has been concentrated. Several countries ran large unlicensed online sectors for years and have since written framework legislation, with Brazil the largest of them.

Jurisdictions 5Regulators 6Last reviewed 27 October 2026

Licensing position at a glance
JurisdictionOnline casinoSports bettingRegulatorOnline since
ArgentinaPartly restrictedPartly restrictedLOTBA and provincial boards2019
BrazilLicensedLicensedSPA2025
ColombiaLicensedLicensedColjuegos2016
MexicoPartly restrictedPartly restrictedSEGOB2004
PeruLicensedLicensedMINCETUR2024

Market profiles

5 jurisdictions on file in Latin America.

Provincial licensing, applied for separately in each jurisdiction

Argentina

There is no national licence: each province and the City of Buenos Aires regulate separately.

Partly restricted online casinoPartly restricted sports betting

Authorisation per operator, limited brands per authorisation

Brazil

The largest market to move from unlicensed to licensed in recent years, with betting and casino under one authorisation.

Licensed online casinoLicensed sports betting

Concession to operate a state monopoly activity

Colombia

The first Latin American country to licence online gambling nationally, and the regional template.

Licensed online casinoLicensed sports betting

Online activity authorised as an annex to a land-based permit

Mexico

A large market with no modern online statute: operators work through holders of permits issued under 1947 legislation.

Partly restricted online casinoPartly restricted sports betting

Authorisation by the gaming directorate

Peru

A quick, comparatively low-cost licensing regime that became a common first step into the region.

Licensed online casinoLicensed sports betting

Regulators in this region

All regulators

Coljuegos · Colombia

Coljuegos

The Colombian regulator, which issued Latin America's first national online gambling licences in 2016.

CGA · Curaçao

Curaçao Gaming Authority

The authority created to replace Curaçao's master-licence system with direct licensing of operators.