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Stake's Latin American Legal and Compliance Director Laura Maria Gomez Betancur recently stated that emerging regulatory markets such as Brazil and Peru need to maintain policy stability, allowing operators more time to adapt and avoid implementing major regulatory changes prematurely. This view was
The Colombian Gaming and Betting Trade Association (Fecoljuegos) has harshly criticized the government for imposing a 19% Value Added Tax (VAT) on gambling, warning that this move could lead to operators exiting the market.The Colombian government issued Decree No. 0175, temporarily removing the VAT
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