Chile Casino Bonuses

Welcome Offers

Most Chile-friendly online casinos impress new players from the moment they start wagering. Typically, when newcomers deposit funds into their accounts, the casino matches the amount up to a preset maximum. Many sites also include free spins or full welcome-bonus packages.

Some casinos even offer no-deposit bonuses, which let players test the site without adding any money to their accounts.

Cashback Bonuses

When deciding whether to remain at a Chile-focused online casino, players should review the special deals available to regular users. Cashback promotions are popular because they let returning players reclaim a percentage of their losses on a weekly, monthly, or sometimes less frequent basis.

These offers are often reserved for players who have earned VIP status and usually come without rollover requirements.

Reload Bonuses

When players want extra bonus cash beyond the sign-up offer, they should look for reload bonuses. These promotions grant a percentage of each qualifying deposit, providing extra funds to play with. However, the percentage is usually lower than that of welcome bonuses.

Free Spins Offers

Rounds of free spins are not available only at registration; casinos may award them at various stages of play. They can be granted after a qualifying deposit, but players may also receive no-deposit bonus spins. In the latter case, wagering requirements are not always imposed before winnings can be withdrawn, although some sites still require a deposit before free-spin winnings are released.

Loyalty Bonuses

Special incentives for loyal users are a key indicator of an operator’s overall quality. These offers target players who reach the top tiers of a casino’s VIP program and may feature a personalized experience, higher bonuses, and more.

How Gambling Regulations Have Developed in Chile

Chile’s gambling regulations have a long and storied history, and in one form or another the country has permitted gambling since 1852.

Back in 1902, Chileans were legally allowed to bet on horse racing after Law No. 1,528 was enacted. Under the law, citizens were still prohibited from participating in other types of gambling. Horse racing quickly became a beloved pastime, and several major tracks, including two of the largest located in the capital, remain popular today.

Significant legislative changes occurred in the 1980s, when sports wagering and lotteries became accessible to Chileans. It is important to note, however, that the country maintains a monopoly over both forms of gambling. La Lotería de Concepción and Polla Chilena were permitted to act as online sportsbooks, offer instant-win games, and sell lottery tickets over the Internet when Decree No. 1,411 was introduced.

Subsequent legislative updates allowed the land-based sector to thrive. In 1999, President Eduardo Frei proposed a sweeping legislative reform package aimed at modernizing the laws and ensuring proper distribution of tax revenue.

Frei’s legislation was ultimately passed six years later, and one of the key elements of Act No. 19.995 was the establishment of the Superintendencia de Casinos de Juego (SCJ). The Act laid the foundation for today’s gambling industry in Chile, with the SCJ issuing seals of approval to qualified operators.

Following additional legislative changes in 2005, numerous brick-and-mortar casinos opened, leading to a substantial increase in gross gaming revenue. As in many other South American countries, bingo has also been gaining popularity in Chile.

To participate in any form of gambling, Chileans must be at least 18 years old.

Chilean Digital Service Tax

Chile’s approach to gambling differs significantly from that of its neighbors, drawing close scrutiny from regulators and the tax administration. The Chilean Digital Services Tax, introduced through the 2020 Tax Reform to the Chilean VAT Law, applies a 19% VAT to various services provided in the country by foreign entities. Although online gambling is not specifically mentioned, the Chilean Internal Revenue Service has stated that such services should fall under the tax because they qualify as digital entertainment.

As a result, a bill to regulate online gambling platforms was submitted to Congress at the beginning of 2022. To a large extent, the country’s online gambling industry remains unregulated, and the bill aims to establish a set of rules under which such activities will be conducted.

The proposed framework calls for the creation of a dedicated regulator to oversee online betting platforms, the introduction of a licensing system, and specific tax obligations for operators.

Online Gambling

Many believe the Government’s policies should align with the needs of players and sports bettors to keep the market thriving. Whether Chile’s gambling industry will continue to evolve and eventually allow full online casino access remains to be seen. Still, players hope that the introduction of the Chilean Digital Service Tax and the bill sent to Congress in 2022 represent the first steps toward liberalizing the online gambling market.

Earlier in 2022, the Ministry of Finance agreed to finalize a Gambling Bill, under which a federally regulated online gambling regime is expected to be introduced in 2023. As a result, all government agencies must update related legislation to safeguard Chile’s soon-to-be reformed gambling industry.