If you want to bet at Chilean peso online casinos, there are a few things you need to know. Firstly, you need to know that the gambling laws in Chile are about to change for the better. What is sketchy or a grey zone today may be entirely legal tomorrow. Secondly, you need to know that the Chilean peso appears at many top internet betting sites, and a few less secure ones. We can help you with the latter.
When you choose to check out the casinos on our CLP online casino list, you can rest assured that you’re playing with trusted, secure, regulated, licensed and safe Chilean peso casinos.
The current Chilean peso has been in circulation since 1975. The previous incarnation lasted almost 150 years, from 1817 to 1960. Chile does not like to alter its currency very often, although they did withdraw the centavo (one-hundredth of a peso) in 1983.
The Chilean peso uses the same dollar sign as the United States and other countries. The current exchange rate is roughly CLP$730 to one US dollar. The Chilean peso is a relatively stable currency, ensuring that it is popular at CLP online casinos not just with players in its homeland but also in other South American and Central American countries.
Online gambling in Chile is currently undergoing a series of law changes. At the time of writing, Chile has a state-run monopoly, which constitutes the only form of gambling site that you are entitled to play at. However, that is about to change. Chile has drafted new gambling laws which will make it fully legal to bet at CLP online casinos assuming they are licensed out of the country. However, the ongoing pandemic has delayed these laws for the time being.
In the meantime, while players are not allowed to play at offshore casinos (those not run by the state monopoly), Chile doesn’t take measures to prosecute players or prohibit their access to these international Chilean peso casinos.