SkillOnNet, a leading online gaming platform provider, has been granted a license to operate in Peru by the Ministry of Foreign Commerce and Tourism (MINCETUR). This approval marks a significant milestone for SkillOnNet as it continues to expand its presence in regulated markets across the globe.
Access to Peruvian Market
With this new license, SkillOnNet can offer its extensive portfolio of casino games to Peruvian players through its flagship brand, PlayUZU.pe. The platform features localized Spanish language software to cater to the Peruvian audience, ensuring a seamless and engaging user experience.
Peru’s online gambling sector has been active for some time, but it reportedly lacked a formal legal licensing framework until August 2022. At that time, Peruvian legislators passed a law establishing comprehensive regulations for gambling activities, which took effect in February 2024. This regulatory framework opened a 30-day window for license applications, during which SkillOnNet applied for and secured its new license.
Strategic Expansion
SkillOnNet has been strategically expanding its operations in newly regulated markets, having recently launched in Mexico and Buenos Aires City. The company’s global footprint includes operations in multiple jurisdictions, such as Portugal, Germany, the UK, and North America. The Peruvian license adds another significant market to its growing list of regulated territories.
The entry into the Peruvian market is part of SkillOnNet’s broader strategy to capitalize on emerging opportunities in Latin America. With a rapidly growing online gaming market, Latin America presents a lucrative opportunity for operators looking to expand their reach and offer innovative gaming experiences.
Strengthening the Gaming Portfolio
In addition to expanding its geographic presence, SkillOnNet has been enhancing its gaming portfolio by partnering with leading content providers. In July 2024, SkillOnNet expanded its casino game library in Ontario by integrating content from the UK-based 1X2 Network. This expansion allows Ontario players to access games from Iron Dog Studio, Prospect Gaming, 1X2gaming, and more through SkillOnNet’s Ontario brands such as PlayOjo and SlotsMagic.
The addition of these titles, including Arriba Heat, Mr. Porky Banker, and Prospector Wilds, is part of an existing partnership with 1X2 Network. This collaboration enables SkillOnNet to offer a diverse and engaging range of games to its players, enhancing the overall gaming experience.
In June 2024, the company added IGT PlayDigital content to its Ontario brands, including popular games like Cleopatra Legacy and Double Gold. In May 2024, SkillOnNet secured a global content deal with Spinomenal, incorporating titles such as Queen of Ice and Baba Yaga Tales into its online casino brands.
Commitment to Responsible Gaming
As SkillOnNet continues to expand into new markets, the company remains committed to promoting responsible gaming practices. By adhering to strict regulatory standards and implementing robust player protection measures, SkillOnNet aims to provide a safe and secure gaming environment for all its users.
The company’s dedication to responsible gaming is reflected in its partnerships with industry-leading organizations and its efforts to educate players about the importance of responsible gambling.
Looking Ahead
SkillOnNet’s entry into the Peruvian market represents a significant step forward in its global expansion strategy. By leveraging its expertise in delivering high-quality gaming experiences and its commitment to regulatory compliance, SkillOnNet is well-positioned to capture market share in Peru’s rapidly growing online gaming sector.
As the company continues to explore new opportunities and forge strategic partnerships, SkillOnNet remains focused on delivering innovative gaming solutions that meet the evolving needs of players worldwide.
Conclusion
SkillOnNet’s successful license acquisition in Peru is a testament to the company’s strategic vision and commitment to expanding its operations in regulated markets. With a strong portfolio of games and a focus on responsible gaming, SkillOnNet is poised for continued growth and success in the global online gaming industry.