Our article on Argentina has been featured in the latest edition of G3 Magazine!
Gambling in Argentina presents a dynamic and evolving landscape, especially in Buenos Aires, where regulations differ from other provinces. While Argentina consists of 23 provinces with distinct gambling regulations, Buenos Aires stands out for its legalized and structured approach to both land-based and online gambling. This article provides an overview of the regulatory framework and key insights into the Buenos Aires gambling market.
Gambling in Argentina presents a dynamic and evolving landscape, especially in Buenos Aires, where regulations differ from other provinces. While Argentina consists of 23 provinces with distinct gambling regulations, Buenos Aires stands out for its legalized and structured approach to both land-based and online gambling. This article provides an overview of the regulatory framework and key insights into the Buenos Aires gambling market.
Key Insights
Buenos Aires Province is a significant hub for gambling in Argentina, with both land-based and online gambling regulated through strict licensing procedures. The regulator IPLyC oversees this process, maintaining partial control over casinos and holding a monopoly on lottery operations. Online gambling licenses were granted in 2020 to seven operators for a 15-year term, with specific financial requirements such as a US$72,000 license fee and various tax obligations, including 15% GGR.
In contrast to the city of Buenos Aires, which embraces a more liberal licensing system, Buenos Aires Province limits the number of licenses and maintains stricter regulations. Despite this, the province's gambling sector, particularly in bingo halls and casinos, continues to thrive. However, challenges remain in the fragmented regulatory environment across Argentina's provinces, with some regions imposing monopolies or prohibiting gambling altogether.
In contrast to the city of Buenos Aires, which embraces a more liberal licensing system, Buenos Aires Province limits the number of licenses and maintains stricter regulations. Despite this, the province's gambling sector, particularly in bingo halls and casinos, continues to thrive. However, challenges remain in the fragmented regulatory environment across Argentina's provinces, with some regions imposing monopolies or prohibiting gambling altogether.
For a deeper dive into Buenos Aires gambling regulations and opportunities, follow the link to G3 Magazine and read the full article.