SOFTSWISS has received MINCETUR approval under the nation’s new legislative framework.
Key points:
- Supplier Softswiss has gained compliance certification from the Peruvian regulator
- This latest approval comes as part of a new legislative framework in the nation
- This is the third regulatory update out of the nation in two days
Supplier Softswiss has successfully gained compliance certification from the Peruvian Ministry of Foreign Trade (MINCETUR), following a change to the nation’s legal system initiated in February 2024.
This latest certification has been accredited through testing laboratory GLI, who have ensured that Softswiss meets all regulatory requirements specified under Peruvian gambling law.
Indeed, a little under one year ago, the nation announced that it would be introducing a revised legal framework for gambling companies wishing to operate in the nation, in which all operators, suppliers and platform providers would be required to obtain MINCETUR compliance certification by 1 January 2025.
For Softswiss, this latest announcement falls in the wake of additional certification for its game aggregator in the recently regulated Brazilian market. Further, in October 2023, the supplier also released insights into online casino player behaviour which revealed that Latin American players preferred to bet on sports – particularly football.
Good to know: It has been a busy week in Peruvian gaming, with 7777 Gaming and Games Global also receiving regulatory approvals in the nation
Speaking on this latest update from the Peruvian market, Max Trafimovich, Softswiss CCO, said: "The newly regulated framework is set to attract international gaming companies and investors, paving the way for further expansion in the iGaming sector. We’re proud to be among the first companies to complete the necessary procedures and be fully prepared for this promising market."
Additionally, Habanero also gained MINCETUR approval to enter the Peruvian market in December, moving into the next phase of its Latin American expansion strategy.
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