In a significant move that will reshape the country’s gambling landscape, Paraguay has enacted Law No. 7348/2025, which amends the existing gambling laws and opens the door to private operators. Signed into law on May 7, 2025, the new regulations are a pivotal step towards ending Paraguay’s state-run gambling monopoly, which had restricted market access to public tender processes since the original law was passed in 1997. Major Step Towards Gambling Market Liberalization The changes were approved by the Chamber of Deputies in late 2024, and the final passage of the bill represents a major shift in the way gambling is managed in Paraguay. The new law provides a modernized framework designed to improve transparency, efficiency, and regulation of the sector, with a focus on attracting private investment while ensuring better oversight. Carlos Liseras, President of the National Gaming Commission (Conajzar), expressed optimism about the law’s potential to increase tax… Read More
Category: News
Source: Casino News Daily
