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Legality by placeSouth America · Peru

Are prediction markets legal in Peru, under the new licence regime?

A plain, dated read on how Peru treats prediction markets and event contracts. Peru built a licensing regime for online betting under Law 31557, supervised by MINCETUR, but prediction market event contracts are not a specifically named, licensed category. Information, not legal advice. As of June 2026.

By Morten AndersenFounder and editor · Two decades in advisory, hospitality and mediaEditorial review by Fredrik Filipsson · Last reviewed 5 June 2026

Last reviewed 5 June 2026 · Status as of June 2026 · Information, not legal advice

Headline status
Licensed betting, markets unlisted
Peru licenses online betting through MINCETUR, but prediction market event contracts are not a specifically licensed category.
Information, not advice. This page is general information, not financial, legal, tax, or betting advice. Prediction markets carry a real risk of loss. You must be 18+ or the legal age in your region.
Quick answer

As of June 2026, Peru runs a licensed online gambling and sports betting market under Law 31557, supervised by the Ministry of Foreign Trade and Tourism, known as MINCETUR, with operators paying a tax on gross gaming revenue. Prediction market event contracts of the cross platform kind this site covers are not a specifically named, licensed category, and none of the platforms we track holds a Peruvian licence. Licensed sports betting is the regulated route here; the prediction market route is unaddressed, so confirm the position with MINCETUR before acting.

The framework

A real licence regime, built around betting.

The law
Law 31557, enacted in 2022, created Peru's first comprehensive framework for online gambling and sports betting and placed it under MINCETUR. A licensing window opened in early 2024 and drew well over a hundred applications.
as of June 2026
The regulator
The Ministry of Foreign Trade and Tourism, MINCETUR, licenses and supervises online operators. Licences have gone to a range of established betting brands operating in Peru.
as of June 2026
The tax
Licensed operators pay a tax on gross gaming revenue, reported around 12 percent, with a separate consumption tax on online bets whose application has been debated.
as of June 2026
Prediction markets
Event contracts of the kind this site covers are not a specifically named, licensed product under Law 31557. The framework is built around sports betting and online gaming.
as of June 2026
Peru is one of Latin America's more recently regulated markets. Law 31557, signed in 2022, set up a comprehensive framework for online gambling and sports betting and handed supervision to MINCETUR. The licensing window opened in early 2024, drew well over a hundred operator applications, and licences have since gone to a range of established betting brands. Operators pay a tax on gross gaming revenue, and the market produced meaningful tax receipts in its first full year. For sports betting and online gaming, in other words, Peru now has a clear licensed route.
Prediction markets are not what that framework was written for. Law 31557 and the MINCETUR regime are built around sports betting and online casino style gaming, and they do not name cross platform event contracts of the kind this site tracks as a separate, licensed category. None of the sixteen platforms we cover holds a Peruvian licence. A Peruvian resident reaching one would be using an offshore or onchain venue outside the licensed market, with no Peruvian licence and no local recourse. We treat that as unaddressed rather than asserting a clear legal status the law has not set out, and we do not point readers to an unlicensed venue.
A reminder

A contract price is an implied probability, not a prediction. In an exchange model there is no house taking the other side, only other participants, and the price moves as they trade.

Whether a market is legal where you live has no bearing on whether it is a wise place to put money. Read our explainer on how the prices work and our guide to reading prices before you treat any number as a forecast.

Available or licensed route

What a resident can use.

None of the sixteen platforms we track is licensed and openly available to a retail resident here as of June 2026. We do not link to a platform a reader cannot legally use, so there is no open account module on this page.

Not available or contested

The compliant note.

Licensed Peruvian betting operatorsDifferent product

MINCETUR licenses online sports betting and gaming operators. That is a regulated route, but for fixed odds betting and casino games, not the peer to peer event contract markets this site covers.

Kalshi, Crypto.com and other CFTC venuesNot licensed in Peru

These United States registered venues hold no MINCETUR licence and are not offered to Peruvian residents through the licensed market. Treat them as unavailable in Peru.

Polymarket and onchain venuesOutside the licensed market

Onchain and offshore prediction markets hold no Peruvian licence. Access sits outside the regulated market with added risk around funds and recourse. We do not point readers to them.

Peru licenses online betting, but no prediction market platform we track holds a MINCETUR licence, so there is no compliant open account route on this page. We never link a reader to a platform they cannot legally use. Positions are as of June 2026.

Regulator and sources
Who to check.

The regulator to check is the Ministry of Foreign Trade and Tourism, MINCETUR, which licenses and supervises online gambling and sports betting under Law 31557. Its licensed market covers sports betting and online gaming operators rather than the event contract platforms this site tracks.

Because prediction markets are not a named category under Law 31557, the safe reading is that they are unaddressed rather than clearly licensed. Confirm the current position with MINCETUR directly, and treat any status here as a dated snapshot. We never invent a citation, and where a position is unclear we say so.

A note on risk,

Legal questions aside, prediction markets can lose you money, and an unlicensed or offshore venue adds risk around funds and recourse. Stake only what you can afford to lose, never to chase a loss, and never on borrowed money. If gambling is causing you or someone close to you harm in Peru, seek support from a qualified local health or counselling service.

Common questions

Peru, answered plainly.

Are prediction markets legal in Peru?

As of June 2026, Peru licenses online sports betting and gaming under Law 31557 through MINCETUR, but prediction market event contracts are not a specifically named, licensed category, and no platform we track holds a Peruvian licence. The prediction market route is unaddressed rather than clearly legal. This is general information, not legal advice.

Who regulates online betting in Peru?

The Ministry of Foreign Trade and Tourism, MINCETUR, licenses and supervises online gambling and sports betting under Law 31557, with a licensing window that opened in early 2024.

Is online sports betting legal in Peru?

Yes. Licensed online sports betting and gaming operate under Law 31557 and MINCETUR oversight, with operators paying a tax on gross gaming revenue. That is a different product from the peer to peer event contract markets this site covers.

Can I use Kalshi or Polymarket from Peru?

Neither holds a Peruvian licence and neither is offered through Peru's licensed market. Access would be outside the regulated market with added risk and no local recourse. Verify your own position before acting.

How is licensed betting taxed in Peru?

Licensed operators pay a tax on gross gaming revenue, reported around 12 percent, alongside a separate consumption tax on online bets whose application has been debated. This applies to the licensed betting market, not to unlicensed prediction markets.

Sources and where to check in Peru

The status above rests on Law 31557, the MINCETUR licensing regime and 2026 reporting on the Peruvian market. These change, so verify the current rules before you act.

Status as of June 2026. General information, not legal advice.

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