Online betting in Peru is fully legal and regulated since February 2024 under Law 31557 and its regulation DS 005-2023-MINCETUR, with MINCETUR as the authority: more than 60 operators already hold a local license. It is widely described as the fastest growing regulated market in Latin America. Here is how the system works and what changes in 2026.

How regulation works: Law 31557 and MINCETUR

Peru did something unusual for the region: instead of adapting land-based rules, it built a dedicated online gambling framework from scratch. Law 31557, enacted in August 2022, created the licensing regime for remote gaming and sports betting on technological platforms, and its regulation (DS 005-2023-MINCETUR) brought it fully into force on February 10, 2024. MINCETUR licenses and supervises operators, with technical standards and enforcement designed for the online market from day one.

Why it is the market to watch in 2026

Two years after the regime went live, Peru counts more than 60 licensed operators, according to Jugar.pe, and sector analyses like Trivelta describe growth around 120% year over year. The combination that attracts operators: clear rules, a young and mobile-first population, and acquisition costs still far below mature markets. For players, the regulated market means real protection: withdrawals and claims are backed by a local authority.

Which companies are growing

The licensed landscape mixes global brands and regional operators, with sportsbooks leading the expansion ahead of the 2026 World Cup. Market watchers note that casino and poker products grow more slowly, with a smaller subset of licensed operators running them, according to deep.poker. The next wave of growth is expected around the World Cup, when licensed operators compete for the biggest betting audience Peru has ever had.

What it means for operators

Peru rewards early, compliant movers: the license is accessible, the rules are written for online from the start, and the audience is still forming its brand loyalties. Acquisition through local creators works particularly well when the briefs carry the regulatory rules built in, which is how we run campaigns in Peru and across our iGaming practice.

Frequently asked questions

What happens with online betting in Peru in 2026? The market keeps expanding: more than 60 operators are already licensed by MINCETUR, according to Jugar.pe, and the 2026 World Cup is expected to accelerate growth further.

Why is Peru a key market in LATAM? Because it built a dedicated online framework from scratch (Law 31557), licenses are accessible, the population is young and mobile-first, and sector analyses like Trivelta describe growth around 120% year over year.

How does betting regulation work in Peru? Law 31557 of August 2022 created the licensing regime and its regulation DS 005-2023-MINCETUR brought it into force on February 10, 2024. MINCETUR licenses and supervises operators.