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Latin America Gambling

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Latin America Gambling

Tue Sep 10, 2024 3:28 am

Could someone say in which Latin American countries on line gambling is legal?
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Re: Latin America Gambling

Tue Sep 10, 2024 1:56 pm

I suppose you are referring to sports betting on line and not casinos. Because the answer will be different.

Sports betting on line is legal in: Argentina, Brazil, Bolivia, Chile, Colombia, Costa Rica, Guyana, Mexico, Nicaragua, Panama, Paraguay, Peru and Uruguay.

On line casinos in Latin America are lagging in the process.
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Re: Latin America Gambling

Sat Sep 14, 2024 3:21 pm

How about casinos? And what are the bonuses given to players? Does it worth it?
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Re: Latin America Gambling

Sun Sep 15, 2024 8:04 am

The list is shorter for casinos: Colombia, Nicaragua, Panama, Peru.
In the next weeks and months there will be an avalanche of new licenses and regulation in Latin America. I m sure the list will be much bigger at the end of the year.

I am only naming regulated and completely legal environments. Many countries operate in the grey zone, something similar with Europe in the 00s. Of course you can make a lot of money there.
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Re: Latin America Gambling

Tue Sep 17, 2024 1:01 pm

Let me highlight the only legal gambling activity in Venezuela can take place within the land based licensed casinos that accept cryptos as depositing method. Wondering why that is, and then I remembered why it was so insanely cheap to fly transcontinental via Eastern Europe's airports during the communist era.
Food for thought.
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Re: Latin America Gambling

Thu Sep 19, 2024 3:24 am

arbusers wrote:
Tue Sep 17, 2024 1:01 pm
Let me highlight the only legal gambling activity in Venezuela can take place within the land based licensed casinos that accept cryptos as depositing method. Wondering why that is, and then I remembered why it was so insanely cheap to fly transcontinental via Eastern Europe's airports during the communist era.
Food for thought.

Could you explain this? I come from Slovakia but I do not get the example.
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Re: Latin America Gambling

Thu Sep 19, 2024 12:52 pm

Martina N wrote:
Thu Sep 19, 2024 3:24 am
arbusers wrote:
Tue Sep 17, 2024 1:01 pm
Let me highlight the only legal gambling activity in Venezuela can take place within the land based licensed casinos that accept cryptos as depositing method. Wondering why that is, and then I remembered why it was so insanely cheap to fly transcontinental via Eastern Europe's airports during the communist era.
Food for thought.

Could you explain this? I come from Slovakia but I do not get the example.


During the communistic era, Eastern European countries, including Czechoslovakia, had a tremendous need for foreign exchange currency, USD, German Marks, British pounds etc. They needed these currencies to import critical goods from third countries, among other reasons. Thus, they were ready to exchange their own currency at ridiculous rates, far bellow the official rates.

In Eastern Germany there was an air carrier called Interflug. This carrier was flying to Bangkok, Beijing, Hanoi, etc, if you were willing to make a quick stop to change airplanes in Schoenenfeld airport of East Berlin. The cost of the ticket was 50% below the cost of the same ticket with Air France or KLM. Thus, East Germany could sell a ticket of 400 USD, just for 200 USD because of their urgent need to have USD.
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Re: Latin America Gambling

Thu Sep 19, 2024 2:50 pm

So Venezuela treats Bitcoin as a foreign exchange currency!
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Re: Latin America Gambling

Mon Feb 10, 2025 8:45 pm

Hi all, I just recently opened my account here but I've been a loooong time lurker (for years!). ^-^

I want to clarify something I read above, here in Costa Rica online gambling isn't legal or illegal, I'd say it falls in a "grey" area. 12 years ago it was very easy to open accounts on any sportsbook or exchange but now almost all of them are geo restricted and this being such a small market they don't seem to have that much interest. So the offer nowadays it's very limited.

There's even a quite old bookie called Betcris which operates from here, they accept the local currency (CRC colón), but guess what?...it doesn't allow local citizens to make an account :-\

Just to give a notion about how is the situation here!
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Re: Latin America Gambling

Tue Feb 11, 2025 2:40 pm

kamerico wrote:
Mon Feb 10, 2025 8:45 pm
Hi all, I just recently opened my account here but I've been a loooong time lurker (for years!). ^-^

I want to clarify something I read above, here in Costa Rica online gambling isn't legal or illegal, I'd say it falls in a "grey" area. 12 years ago it was very easy to open accounts on any sportsbook or exchange but now almost all of them are geo restricted and this being such a small market they don't seem to have that much interest. So the offer nowadays it's very limited.

There's even a quite old bookie called Betcris which operates from here, they accept the local currency (CRC colón), but guess what?...it doesn't allow local citizens to make an account :-\

Just to give a notion about how is the situation here!

Thank you for the input. Much appreciated.
So, as a Costa Rican, where are you allowed to bet legally? And where can you bet in a grey shade?
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Re: Latin America Gambling

Tue Feb 11, 2025 7:47 pm

Thank you for the input. Much appreciated.
So, as a Costa Rican, where are you allowed to bet legally? And where can you bet in a grey shade?
Hi there, I assume you're asking about online betting?.

Well since it's not illegal to bet it depends on which bookmakers decide to operate here as they don't need a license, for example B365, Pinnacle, Matchbook, William Hill and some other softs are available. Nothing from Betsson, Entain, Betano, Unibet, Interwetten, Smarkets, Betdaq etc etc.

For an strange reason still unknown to me, I was banned from Betfair years ago, but their website remains accessible so they just don't want my money ;D
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Re: Latin America Gambling

Tue Feb 18, 2025 12:49 pm

kamerico wrote:
Mon Feb 10, 2025 8:45 pm
Hi all, I just recently opened my account here but I've been a loooong time lurker (for years!). ^-^

... here in Costa Rica ...

There's even a quite old bookie called Betcris ...

I'm very grateful for the big opportunities that some of your Costa Rican - originated/domiciled agencies provide to all of us.
What a Beautiful Country, indeed!

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