Gambling regulation
Gambling in the country:
Licensing
Local License:
CONAJ
Population growth:
Internet users:
Urbanization:
64,8%
Languages in the country:
Spanish (Castilian; official) - 98.6%
Root - 3.9%
Others - 3.4%
Age structure:
0-14 - 26.8%.
15-64 years old - 64.1%
65+ - 9.1%
Middle age:
Total - 28
Men - 27
Women - 28.9
Literacy:
Total - 93.9%
Men - 94.9%
Women - 93.1%
Real GDP:
2021 - $239.415 billion.
2022 - $254.226 billion.
2023 - $260.213 billion.
Real GDP growth:
2021 - 9.82%.
2022 - 6.19%.
2023 - 2.36%.
GDP per capita:
2021 - $13,500
2022 - $14,100.
2023 - $14,300
Top brands in the country
Top 10 popular iGaming brands:
Top payment systems
Слоты по доли рынка
Affiliates receiving traffic
More about gambling regulation
In October 2024, Ecuadorian President Daniel Noboa repealed a number of decrees adopted in 2023 by the previous president. Among the repealed rules was a ban on advertising sports betting and gambling in the media. Now such advertising is once again allowed.
Also following Noboa's decree, Ecuador's Internal Revenue Service created a registry of gambling operators in July this year, most of which are local companies.
In addition, a gross income tax of 15% is imposed on all companies, whether based in Ecuador or abroad. In addition, a 15% levy on player winnings has been introduced.
It should be reminded that the country has an uncertain system of regulation of the gambling sector. Land-based gambling establishments are prohibited, and there is no legal framework for iGaming.
However, both local and international operators are allowed to operate in Ecuador, provided they comply with the tax obligation.
About blocking and liability
Medium
Legislation:
Ambiguous / requires verification
The activity of the authorities:
Medium
Risk of harassment of non-residents:
Low
The risk in entering the country:
Low
Risk of extradition to the country:
Low
Precedents (against non-residents):
No data
Comment on the level of risk:
Ecuador: Current assessment is preliminary - local inspection is recommended. It is possible to work with caution unless there are explicit prohibitions. Risk of extradition to the country is low, requests are rare.
Blask.com data - index and top brands
Indicates the aggregate level of engagement and interest in all brands in a country. This indicator serves as a barometer for the iGaming industry and combines various indicators to give an overview of trends and changes in the market.
Top brands in the country according to the Blask.com service
| Ecuabet | 78.93% |
| DoradoBet | 7.85% |
| Betano | 3.04% |
| Bet593 | 2.24% |
| Sorti | 1.43% |
*BAP (Brand's Accumulated Power) - accumulated brand power, reflects the brand's share of consumer interest in the online gambling market. The relative presence of a brand in a country. The BAP graph is presented below:
Data for the section is provided by the analytical service Blask.com.. At the moment, the service's database contains information on more than 80+ countries and more than 2500 brands.
Gambling in the country
The country has a population of more than 18.9 million people. 65.5% are urban dwellers. Guayaquil and Quito are the largest cities in Ecuador, with a combined population of more than 4 million people.
As of early 2024, the population had the following age distribution:
By 2075, the elderly population will be more than twice the size of the young population.
The average age is 27.
The average life expectancy for men is 75 years and for women 80 years. In total, 46.9% men and 53.1% women live in the country.
Education: 22.6% Ecuadorians have higher education, 4% have incomplete higher education, 37.6% have secondary technical education, 16.6% have 11 grades, 8.9% have 9 grades, 4.8% have no education, and 5.5% are illiterate.
The literacy rate for youth aged 15 to 24 years is 99.3%.
Ecuadorians are a Spanish-speaking nation formed in the 20th century. The population is divided ethnically as follows:
Language: Spanish is the official and most widely spoken language, spoken by 94.7% of the population. Several local indigenous languages such as Quechua and Shuar (3.9%) are also spoken.
In recent years, English has become increasingly common, especially in major tourist centers.
Religion: about 80% of the country's residents are Catholic, 11% are Protestants, 7% are of other religions and atheism.
Major cities: Quito (capital), Guayaquil, Cuenca, Santo Domingo, Ambato.
Currency: United States dollar (USD).
In 2000, Ecuador switched to a new currency, replacing the Ecuadorian sucre with the U.S. dollar, which became the official currency.
The introduction of the U.S. dollar as the national currency was aimed at reducing inflation and helped improve financial stability in the state.
As of 2023, an average of 26% of the nation's population lived below the poverty line, earning less than $5.5 per day.
Meanwhile, about 10% of the population lived in extreme poverty, earning less than $3 per day.
Ecuador's unemployment rate rose to 3.97% in September 2024, up from 3.48% in June 2024.
The average salary is from $400 and the minimum wage is from $280.
Ecuadorians combine Spanish cultural heritage with indigenous traditions, as the country was part of the Inca Empire and then conquered by the Spanish.
Ecuadorians are very calm and balanced people, despite the long Spanish influence.
Any misunderstandings and conflicts here are resolved quickly, without serious scandals, if the pride of the locals is not hurt. Respect for traditions and customs is of paramount importance for the population.
Sunday service is a key event in the life of an Ecuadorian. Priests in the country also enjoy authority both among individual residents and in the political sphere of the country. They are often called upon for help in resolving any controversial issues.
Mountains have a spiritual meaning in traditional Ecuadorian religion. The highest mountains in the region are often called Taita, which means «father» in Quechua. Therefore, a favorite theme of Ecuadorians is the country's nature.
One of the most widespread superstitions in the state is connected with the number 13, which residents consider a symbol of bad luck. Also black and purple colors are associated with death.
Land-based gambling establishments have been banned in the country since 2011. There is no legal framework for iGaming, which creates uncertainty in the regulation of the sector.
Earlier this year, President Daniel Noboa, elected in November 2023, attempted to regulate the industry by proposing a nationwide referendum that included a question on the creation of a legal gambling sector.
But the initiative was complicated by a national crisis caused by the escape of drug lord Adolfo Macias from prison, leading to conflict between the authorities and the drug cartels.
To date, there are no regulations for iGaming. However, local and international operators pay 15% tax on gross revenue and 15% levy on players' winnings, which allows them to operate in the sector. At the same time, there are no license fees.
The country's Internal Revenue Service (SRI) monitors the industry and checks whether offshore and local gambling and betting companies pay taxes through a newly created registry of operators. If not, the IP addresses of such platforms are blocked.
According to official data, there are around 65 betting companies registered with SRI.
The size of the gambling sector, including online and offline gambling, is approximately $300 million.
Among all types of gambling, sports betting accounts for approximately 60% of the total market.
In addition, 12% adults participate in online betting on an ongoing basis.
In 2023, about 72.69% of Ecuador's population used the internet.
At the beginning of 2024, there were 15.29 million internet users in the country and the penetration rate was 83.6%.
According to information and communication technology indicators from Ecuador's National Institute of Statistics and Census, 61.7% families in urban areas have access to mobile internet and wireless connection via Wi-Fi, while 34.7% families in rural areas only have access to internet via cable or modem.
The average speed of wireless connection via Wi-Fi is 93.40 Mbps.
The average speed of a mobile Internet connection is 12.05 Mbps. In larger cities such as Quito and Guayaquil, speeds can be much higher.
As of 2021, Ecuador did not have 5G network coverage. Analysts note that internet speeds in the country are slower than the global average.
Volume of device utilization:
Popular Web Applications: TikTok, Facebook, YouTube, Instagram, LinkedIn, Snapchat.
Number of active users in early 2024:
Betting on sports, especially soccer, continues to be the most popular in Ecuador. However, there is a growing interest in cyber sports, tennis and basketball.
Lotteries and similar real money games such as bingo, scratch cards and keno are in demand among residents.
Slots are gaining popularity. Latin American players prefer to make small but frequent bets.
Gambling regulation
Gambling in the country:
Licensing
Local License:
CONAJ
About the population of the country
Official Language:
Spanish
Believers:
68 %
Second Religion:
Basic information about the country
Name of country:
Ecuador
Code (2-digit):
EC
Continent:
South America
Capital:
Quito
Area of the country:
283,560 square kilometers.
Phone Code:
593
Currency (currency code):
US dollar (USD)
Geographical features of the country
Province (24): Azuay, Bolivar, Galapagos, Guayas, Imbabura, Cañar, Carchi, Cotopaxi, Los Rios, Loja, Manabi, Morona-Santiago, Napo, Orellana, Pastaza, Pichincha, Zamora-Chinchipe, Santa Elena, Santo Domingo de los Tsachilas, Sucumbios, Tungurahua, Chimborazo, El Oro, Esmeraldas.
The modern territory of the country was partially or completely occupied by the states: Inca Empire, Spanish Empire, Great Columbia, New Granada.
There are rivers running through the area: Putumayo.
Ecuador owns the islands: Isabela (Albemarle), Santa Cruz (Indefatigable), Fernandina (Narborough), San Salvador (James), San Cristobal (Chatham), Santa Maria (Charles), Marchena (Bindlo), Española (Hood), Pinta (Abingdon), Baltra, Santa Fe (Barrington).
Mountains within the country: Chimborazo, Cotopaxi, Cayambe, Antisana, Altar, Sangay, Ilinsa, Tungaraua, Carihuairazo, Sincholagua, Pichincha, El Corazon, Chiripungu, Kumbal, Chiles, Soroche, Ruminiaui, Patul, Fernandina.
Volcanoes are present in the area: Chimborazo, Cotopaxi, Sangay, Fernandina.
Discussions on country characteristics
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