{"id":18777,"date":"2026-09-22T08:30:00","date_gmt":"2026-09-22T13:30:00","guid":{"rendered":"https:\/\/www.mundovideo.com.co\/en\/?post_type=gambling&#038;p=18777"},"modified":"2026-09-21T23:37:08","modified_gmt":"2026-09-22T04:37:08","slug":"ecuador-requires-us500000-minimum-capital-for-sports-betting-operators","status":"publish","type":"gambling","link":"https:\/\/www.mundovideo.com.co\/en\/colombian-gambling-news\/ecuador-requires-us500000-minimum-capital-for-sports-betting-operators\/","title":{"rendered":"Ecuador requires US$500,000 minimum capital for sports betting operators"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Ecuador has tightened access to its sports prediction market with a new licensing procedure requiring operators to maintain a <strong>minimum net worth of US$500,000<\/strong>, in addition to a financial guarantee, local legal presence, technology certification and anti-money laundering controls.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><a href=\"https:\/\/www.mundovideo.com.co\/landing\/multigame-link\/\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"700\" height=\"700\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng.jpg\" alt=\"\" class=\"wp-image-9622\" style=\"width:840px;height:auto\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng.jpg 700w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng-300x300.jpg 300w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng-150x150.jpg 150w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/a><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">The measure is contained in <strong>Ministerial Agreement No. MINEDEC-MINEDEC-2026-00078-A<\/strong>, issued by the <strong>Ministry of Education, Sports and Culture (MINEDEC)<\/strong>, and develops the <strong>Sports Prediction Operator License (LOPD)<\/strong>. The authority may take up to <strong>90 days<\/strong> to assess each application.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"752\" height=\"488\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/09\/ecuador-requires-us500000-minimum-capital-for-sports-betting-operators2.png\" alt=\"\" class=\"wp-image-18779\" style=\"width:840px;height:auto\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/09\/ecuador-requires-us500000-minimum-capital-for-sports-betting-operators2.png 752w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/09\/ecuador-requires-us500000-minimum-capital-for-sports-betting-operators2-300x195.png 300w\" sizes=\"auto, (max-width: 752px) 100vw, 752px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Alexandra Ver\u00f3nica Navarrete<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The license will be valid for <strong>five years<\/strong>, renewable, and requires an annual payment equivalent to <strong>655 unified basic salaries<\/strong>, around <strong>US$315,000-US$316,000 in 2026<\/strong>. This is in addition to a <strong>bank guarantee or immediate-payment insurance policy equal to 1% of net worth<\/strong>, meaning a minimum of US$5,000 for an operator meeting only the minimum capital requirement.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"716\" height=\"482\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/09\/ecuador-requires-us500000-minimum-capital-for-sports-betting-operators3.png\" alt=\"\" class=\"wp-image-18780\" style=\"width:840px;height:auto\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/09\/ecuador-requires-us500000-minimum-capital-for-sports-betting-operators3.png 716w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/09\/ecuador-requires-us500000-minimum-capital-for-sports-betting-operators3-300x202.png 300w\" sizes=\"auto, (max-width: 716px) 100vw, 716px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Gilda Natalia Alc\u00edvar Garc\u00eda<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Foreign companies must operate through a <strong>branch domiciled in Ecuador or a locally incorporated company<\/strong>, obtain a tax identification number and maintain an <strong>exclusive bank account<\/strong> for sports prediction activity. The framework is based on the <strong>Organic Law on Sports, Physical Education and Recreation<\/strong> and <strong>Executive Decree 422<\/strong>, signed on <strong>June 12, 2026<\/strong> and published on <strong>June 15<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><a href=\"https:\/\/www.mundovideo.com.co\/mve-ads\/?lang=en\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"500\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/05\/ADS-MVE.jpg\" alt=\"\" class=\"wp-image-16352\" style=\"width:840px;height:auto\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/05\/ADS-MVE.jpg 600w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/05\/ADS-MVE-300x250.jpg 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Operators must also register with the <strong>Financial and Economic Analysis Unit (UAFE)<\/strong>, headed by <strong>Ana Paula Pati\u00f1o Chac\u00f3n<\/strong>, and comply with KYC, monitoring, due diligence and suspicious transaction reporting requirements. The <strong>Internal Revenue Service (SRI)<\/strong>, led by <strong>Alexandra Ver\u00f3nica Navarrete Ricaurte<\/strong>, applies a <strong>15% single income tax on operators<\/strong> and a <strong>15% withholding tax on prizes paid to players<\/strong>. The regulation also sets payment limits of <strong>US$1,000 per banking or debit transaction<\/strong> and <strong>US$350 by credit card<\/strong>. The system is overseen by MINEDEC, led by <strong>Gilda Natalia Alc\u00edvar Garc\u00eda<\/strong>, with <strong>Roberto Ib\u00e1\u00f1ez<\/strong> serving as Vice Minister of Sports, under President <strong>Daniel Noboa Az\u00edn<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ecuador has tightened access to its sports prediction market with a new licensing procedure requiring operators to maintain a minimum net worth of US$500,000, in addition to a financial guarantee, local legal presence, technology certification and anti-money laundering controls.<\/p>\n","protected":false},"author":1,"featured_media":18778,"menu_order":0,"comment_status":"closed","ping_status":"open","template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[1],"tags":[4309,15,102,585,5012,105,5215,1218],"class_list":["post-18777","gambling","type-gambling","status-publish","format-standard","has-post-thumbnail","category-sin-categoria","tag-ecuador","tag-gambling","tag-online-betting","tag-online-gambling","tag-south-america","tag-sports-betting","tag-sri","tag-tax","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - 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