Thrill Tech Secures Peru B2B License for LatAm Entry

Thrill Tech Limited has obtained a B2B gaming license from Peru's Ministry of Foreign Trade and Tourism (Mincetur), marking the software provider's initial foray into the Latin American regulated market. This approval, alongside regulatory certification in Brazil, enables the deployment of Thrill Tech's proprietary player-funded jackpot solutions across the region. The development bolsters Peru's nascent iGaming ecosystem, which launched its regulated online framework in 2024, by introducing compliant, revenue-enhancing tools for local operators amid growing regional demand for innovative casino features.

Key Takeaways

• Operators gain compliant jackpot mechanics: ThrillTech's solutions integrate seamlessly with existing platforms, promising up to 15% revenue uplift through player-funded progressives without additional compliance burdens.
• Regulators strengthen market integrity: The license underscores Mincetur's rigorous vetting process, emphasizing anti-money laundering measures and responsible gambling protocols to protect Peru's estimated 5 million online players.
• Players benefit from enhanced engagement: Localized jackpot features tailored to LatAm preferences, including multi-language support and faster payout cycles, elevate the user experience in a market projected to reach €2 billion by 2028.

Thrill Tech's B2B license, issued on September 10, 2025, under Peru's Gaming Law No. 31557, authorizes the provision of software and ancillary services to licensed operators within the jurisdiction. This Type B2B Remote Gaming Supplier authorization—license number pending public registry—requires adherence to strict standards on game fairness, data security, and player protection, as verified through Mincetur's six-month application review. The provider, founded in 2022 and headquartered in Gibraltar, has leveraged its European track record, where it powers jackpots for over 20 operators, to navigate the approval efficiently.

Parent company Thrill Tech Limited, a wholly-owned subsidiary of Gibraltar-based Innovate Gaming Holdings, specializes in modular jackpot systems that pool player contributions across slots and table games. Unlike traditional fixed-pot jackpots, these player-funded models dynamically scale based on wager volume, fostering prolonged session times and higher retention. In Peru, where online gross gaming revenue exceeded $200 million in its inaugural year, this entry addresses a key gap: localized progressive features that are compliant with the local currency (PEN) and payment rails.

The LatAm expansion aligns with Peru's regulatory evolution, which mandates operator partnerships with certified suppliers to ensure RNG certification and integration with the national self-exclusion registry, Juego Responsable Perú. For context, Peru's framework—overseen by Mincetur's Directorate General of Casinos and Gaming Machines—prioritizes consumer safeguards in a market dominated by sports betting but ripe for casino growth, with 70% of adults engaging in some form of gambling. Thrill Tech's certification in Brazil, via the Secretariat of Prizes and Bets (SPA) under Law 14.790/2023, extends access to South America's largest economy, where iGaming pilots are slated for Q1 2026 rollout.

Industry implications are profound for new casino entrants. By partnering with Thrill Tech, operators can accelerate market launches—targeting Q4 2025 in Peru—with pre-approved modules that reduce integration timelines from months to weeks. This mitigates entry barriers in emerging markets, where regulatory delays have historically deterred 40% of potential suppliers. Moreover, the focus on responsible gambling innovations, such as session-time alerts tied to jackpot triggers, positions Thrill Tech as a forward-thinking ally amid global scrutiny on harm minimization.

Competitively, Thrill Tech challenges incumbents like Evolution and Playtech, who dominate LatAm with broader portfolios but lag in niche jackpot tech. For stakeholders, this signals a trend toward specialized B2B providers enabling agile expansions in jurisdictions like Colombia and Mexico, where similar approvals are anticipated by mid-2026. Players stand to gain from diversified offerings, with initial deployments featuring RTPs above 96% and mobile-optimized interfaces, enhancing accessibility in a region with 300 million smartphone users.

Overall, Thrill Tech's milestone reinforces LatAm's ascent as a high-potential hub for regulated iGaming, driving operator innovation while upholding stringent oversight.

Sources: Casino Guardia