Mercados Regulados

Sports/race betting legal and licensed (state regulators); online casino prohibited under Interactive Gambling Act 2001 — casino served by offshore grey operators

Regulated since Jan 2025 under Law 14.790 (SPA/Ministry of Finance licensing); 'Bets' market with licensed operators

Regulated provincially; Ontario (iGaming Ontario / AGCO) fully licensed open market, other provinces via provincial monopolies plus grey offshore acceptance

Regulated under Glücksspielstaatsvertrag 2021 (GGL authority); licensed online slots/poker with strict limits, sports betting licensed — table games restricted

Fragmented/state-by-state; games of skill (rummy, fantasy) broadly legal, real-money casino/betting largely grey via offshore — recent central scrutiny on online money gaming

Heavily restricted; only state-sanctioned bookmakers/TsUPIS for betting, online casino prohibited — large grey/offshore market served by crypto

Online gambling prohibited except state monopolies (Spor Toto/Misli, Milli Piyango); large offshore grey market with aggressive domain blocking

Regulated province-by-province (e.g. Buenos Aires City LOTBA, Province of Buenos Aires) — licensed online gambling in major provinces

Transitional — online gambling bill advancing through Congress; currently grey/offshore pending licensing framework

Fully regulated since 2016 under Coljuegos — first licensed online gambling market in Latin America

Regulated betting (licensed bookmakers, betting only in designated zones/online); online casino restricted — grey offshore demand

Permitted under older 1947 Federal Gaming Law via SEGOB permits (operators run on long-standing permit-holders); functioning but legally dated framework

Regulated since 2024 (Law 31557, MINCETUR licensing of online gaming and sports betting)

Domestic online gambling regulated by PAGCOR (licensed e-games/e-casino for locals); offshore POGO segment banned 2024 — domestic licensing active

Regulated since 2020 (formerly KRAIL, now under PlayCity/state agency); licensed online casino and betting

Online gambling restricted (state-linked Topaz/Azerlotereya monopoly on betting; casino prohibited) — demand served by offshore grey operators

Regulated by Betting Control and Licensing Board (BCLB); licensed sports betting with excise/withholding tax on stakes and winnings

Betting regulated (formerly National Lottery Regulatory Commission; states/NLRC jurisdiction in flux after 2024 supreme court ruling) — large active sports-betting market

Sports betting legal and licensed (provincial gambling boards under National Gambling Act); online casino prohibited — betting-only legal, casino grey/offshore

Prohibited — gambling broadly illegal under the Gambling Act B.E. 2478 (casino bill debated but not enacted); all online play is offshore grey