bet365 to exit China and focus on regulated markets
Starting March 27, the UK-based gaming company bet365 is reportedly exiting China to shift its focus to regulated markets.bet365 will no longer accept bets from new...
bet365 launches in Peru to expand South American presence
bet365 has officially announced its debut in Peru, marking its expansion in the South American market.
bet365 is a UK-based gaming company that employs 7,000 people globally. Powered by its own sportsbook platform, bet365 covers more than 96 different sports and provides access to more than 1 million live streams, offering an engaging betting experience.
On October 8, 2024, bet365 made a big step forward by launching in Peru. The company aims to connect with local customers through its innovative in-play betting options.
bet 365 stated:
“We are delighted to launch a dedicated bet365 website in Peru, the fourth-largest country in the region, known for its vibrant culture and dynamic population.As well as our unrivalled sports betting experience, our customers in Peru can now enjoy a comprehensive range of offerings, including casino games, live casino action, and poker.”
bet365 targeted Peru after its debut in the South American market in 2019 through its launch in Mexico. For its next launch, bet365 eyes Brazil for January 2025.
bet 365 continued:
“We are dedicated to leveraging our extensive experience and advanced Responsible Gambling tools to ensure a secure and responsible gaming environment for all our customers in Peru.”
Peru as a target
Peru is emerging as a key destination for online gambling, with new regulations introduced by President Dina Boluarte last year to establish a clear legal framework. These changes include a 12% income tax on both foreign and local operators. Foreign operators are required to ensure a minimum tax contribution of approximately $500,000 to maintain their licenses, regulated by Peru’s Ministry of Trade and Tourism (MINCETUR).
bet365 celebrates Tennessee and Illinois expansion
The UK-based gaming company bet365 is thrilled to announce its launch in Tennessee and Illinois with exciting promotions.With this expansion, fans from both states can...
