Gambling and Casinos in Paraguay

Types of games of chance in Paraguay

Games of chance in Paraguay are classified as: Quiniela, Casinos, Bingo, Telebingo, Sports Betting, Horse and Dog Racing, Random Combinations and Chance are the types of games that are now practiced in the country.

Online Control has been used for new concessions since 2014, together with the application of the fixed fee proportional to income.

Physical casinos and gaming halls in Paraguay

Although Paraguay is a small South American country, it is frequently visited and traversed by travelers due to the Gran Chaco, swamplands, forests, savannahs, and other uninhabitable wilderness areas. At the same time, Paraguay's additional feature is its gaming industry.

The country was in an effort to strengthen its society and economy in 1997, which is why Law No. 1016 was introduced and approved. As a result, the National Gaming Commission (CONAJZAR) was established as the body in charge of regulating all activities and facilities related to gambling in Paraguay. Although all forms of gambling are legal and permitted in all provinces of Paraguay, casinos can only operate in the following cities: Alto Paraná, Asunción, Caaguazú, Central, Cordillera, Itapúa and San Pedro. As a result, Paraguay's gaming industry is not as impressive as its counterparts in other South American nations.

Below is a list of the land-based casinos currently operating in the regions of Paraguay.

• Casino Amambay Hotel
• Casino Carnival
• Itaipu Grand Casino
• Asuncion Racecourse
• Hotel Casino Acaray
• Hotel Guarani Splendor
• San Bernardino Country Club & Aquarium Hotel
• Worest Casino – Asuncion
• Paraguayan Yacht & Golf Club

As to Slot Halls in Paraguay, there are a large number of legal gambling halls operating throughout the country. At ChoiceCasino you will be able to find a gaming room closest to your current location, as well as read reviews and leave your opinion about the service and quality of the gaming establishment.

Paraguay Online Casinos

The choice of a online casino in Paraguay must be done according to the needs of each player. Fundamentally, what needs to be done is a study quite similar to that done on bookmakers, each of which has certain characteristics and requirements, to guarantee that you will live a fully satisfactory experience. In general, the theme is quite similar; there are not many differences with those of sports betting establishments. However, in the Paraguayan online casino section, there tend to be a lot of interesting and significant bonuses and promotions. Many of these are usually exclusive to the gaming section, while in other cases they can be used equally between sports betting establishments and online casinos.

The ideal situation in Paraguay is that the online casino has the permits of the country, as is the case of the Conajzar, the administrative and governmental body in charge of preparing, approving and requesting the requirements that casinos in the country must meet to operate legally. . Conajzar is connected to the Ministry of Finance. A license that has been verified by Conajzar is a significant guarantee for an online casino, but other licenses are just as genuine and trustworthy.

Live Casinos

The small South American nation of Paraguay is well known for being a popular tourist destination. Although its gaming industry may not be as impressive as in other Latin American countries, its selection is still considerable and attractive.

Those looking for gaming vacations will no doubt have a great time in Paraguay; The country may not have many casinos, but the content is varied, safe and legal, and that is what matters. Live roulette casinos in Paraguay or any other Internet game (such as bingo, sports betting or slot machines) are outside the limits of legality, although the games in physical places are governed by the law and the competent authorities. In other words, it is not included in the legislation. For this reason, Paraguayans are free to use real money gambling on foreign gambling sites.

Sports betting houses in Paraguay

There are physical legal betting establishments in Paraguay. One of the companies operating in the country is the South African bookmaker SA Sportsbook. Some of the more well-known international online sports betting operators, such as Bet365, seem to offer Paraguayan players specific betting sites. However, there are no online sportsbooks based in Paraguay. However, Paraguayans are not subject to legal repercussions for placing online bets with foreign competitors.

Bingo in Paraguay

Bingo is both legal and regulated. There are betting rooms at street level throughout the country, such as Bingo Candilejas in Asunción, which also offers its players picket tables and slot machines. There is also a popular TV bingo show called Tele Bingo Triple.

Internet bingo is not directly regulated, nor is online gambling as a whole. There are no reports on internet bingo operations in the country. To be clear, local authorities in Paraguay do not prosecute or penalize players for playing bingo in foreign casinos.

What games do Paraguayans prefer?

Paraguay online casinos offer games for players of all tastes and budgets. Since it would be difficult for you to choose between the great variety and excellent offer, remember that you can try them for free before placing a bet.

Here is a list of some of the types of games you can find at online casinos in Paraguay that accept real money:

• Slots

Classic slot machines, often referred to as "video slots", are still in use today, but in a digital format with many more ways to win.

• Games with Progressive Jackpots

The approach to jackpot slots is to take a small portion of all bets to provide a big jackpot.

• Table Games

All available game modes are supported on automated poker hands, card racks and roulette tables.

• Live Games

Professional dice shooters are tasked with spinning the roulette wheel, splitting the deck of blackjack, or rolling the dice.

• Other games

You can also play live versions of Wheel of Fortune, video bingo and many more unique games.

Regulation of casinos and games of chance in Paraguay

Gambling and slot machines have always been enjoyed in Paraguay. Many casinos and bookmakers have opened in the country since the 1940s, when efforts to regulate 'physical gambling' began. With the increase in popularity of online gambling, many Paraguayan users returned to this new activity, ranking among the best international bookmakers. Pending full regulation of online gaming, the country has taken advantage of the incredible selection of slots, live roulette and table games offered by leading bookmakers with international reputations.

As a result, there is currently a perception of marginality and illegality in the Paraguayan market, fueled by the large number of operators that operate outside the control of CONAJZAR and where the bettor does not have any type of protection that ensures neither the payment of the prizes nor the minimum game conditions that guarantee an equitable percentage of return of prizes, and much less any form of assistance in cases of gambling addiction, so that the entire population is in this situation. Therefore, the operations are largely unsustainable due to both regulatory reality and unfair competition, since any actor with the minimum infrastructure and a hastily obtained permit from any of the 240 municipalities in the country can participate in a competition without be subject to sanctions or accountable for their actions.

The regulation of internet gambling in Paraguay is currently paralyzed. Following the job announcement on a project to update existing legislation in February 2019, there have been no further updates. The target date of launching a legislative project in the following six months did not materialize. On the other hand, attempts to promote a legal amendment that would have included online gambling began as early as 2017 but failed.

Bitcoin Casinos in Paraguay

One of the most fascinating topics in the fintech business remains that of cryptocurrencies. According to experts, the price of Bitcoin will continue to rise due to factors including increased demand, global economic and political instability, and the interest the cryptocurrency market is experiencing. In January 2021, Bitcoin reached a value of $30,000. It is possible to play at online casinos in Paraguay using Bitcoin. More and more decentralized casinos are appearing that accept this type of payment method, and there are more digital currencies that allow transactions with Bitcoin and other cryptocurrencies.

Contribution of games of chance to the Paraguayan economy

Almost all forms of gambling are allowed in Paraguay. The only licensed gambling operator in the nation brings in about $4 million in taxes each year. The government created a bill in 2015 that could update the country's gambling laws, particularly those related to online gambling. New gaming taxes are anticipated to be included in the 2022 tax reforms. With new casinos opening and new opportunities to grow the industry, Paraguay's business is still expanding. Among them is the license for the exploitation rights of sports betting.

Self-exclusion and prevention of pathological gambling

Regarding this issue, in Paraguay there are several methods to prevent pathological gambling, for example, you can set your own daily, weekly or monthly deposit limits and request adjustments at any time online through the website you are using, using the temporary automatic exclusion option in your user account. While it is true that gambling responsibly can be a fun and varied form of entertainment, it is also true that gambling recklessly too often leads to financial and interpersonal problems.

We consider it important that you follow the following tips that will help you maintain control of yourself to avoid this risk:

• Think of gambling as just entertainment rather than a source of income or a way to pay off debt.
• Limit the amount of time and money you spend playing and stop when you reach those limits.
• Never play while intoxicated or under medication.
• Never gamble while experiencing an emotional decline or while trying to recover from an addiction.

Characteristics of the gaming industry in Paraguay

The National Games of Chance Commission, a division of the Paraguayan Ministry of Finance, is in charge of supervising the regulation of games of chance, as well as the distribution of tax canons and the determination of tenders.

In accordance with the law, the funds that Paraguayan public institutions obtain through games of chance, whether they are located in national, local or departmental establishments, will be invested and allocated to equipping public health, education and social care.