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Legislation

Buenos Aires Moves Ahead With Gambling Liberalisation

Tuesday 04 de December 2018 / 10:55

2 minutos de lectura

(Buenos Aires).- The government of Buenos Aires (BA) in Argentina has initiated the next stage of its liberalisation of gambling in the region. Lawmakers will be asked to vote on the executive’s 2019 Budget plan which will include approval for online gambling in what is Argentina’s largest province.

Buenos Aires Moves Ahead With Gambling Liberalisation

The push for liberalisation is being led by the  BA Governor Maria Eugenia Vidal, who is hoping to raise additional funds for the region’s new Social Development & Integration Fund.


The proposals were originally put forward last month but according to news sources in Argentina, the BA executive is now planning to put the key directives 142 and 143 to a vote. The directives would set up a new 2 percent tax on all player winnings earned through casino, bingo or arcade games, and would also create a regulatory framework to support online gambling, including casino slots gaming, sports betting, poker and horse racing betting.


According to media reports, Governor Vidal has asked members of her Argentina PRO party to build support for the proposals among the district leaders of BA. The proposals have already won support from the BA Mayor, Horacio Rodríguez Larreta, who said that BA executives could not afford to fail in the development of the Social Development fund.


Change Of Stance


Governor Vidal has made it clear that she believes the gambling liberalisation is the only way for the region to raise vital funds to cope with the crisis in the national economy.


But political opponents have charged Vidal and the Argentina PRO party with hypocrisy for having changed their stance on gambling. At the time of her appointment in 2015, Vidal said that she was opposed to gambling, having criticised the presence of arcades and bingo halls in poor areas. Vidal has also been accused of rushing the directives through without a full impact assessment.

Categoría:Legislation

Tags: María Eugenia Vidal , online gaming, Sports Betting, betting software, Sports Gaming , Sportsbook ,

País: Argentina

Event

SBC SUMMIT RIO 2024

05 de March 2024

Andre Gelfi explains the new regulation in the Brazilian gaming and betting market

(Rio de Janeiro, SoloAzar Exclusive).- The Managing Partner of Betsson group in Brazil, Andre Gelfi, was another key figure present at the inaugural SBC Summit Rio. In this exclusive interview with SoloAzar, he shared insights about the gaming and betting market in Brazil. Gelfi emphasized the hot topic of Brazilian regulations for the iGaming industry. In fact, he expressed his anticipation that the regulation, expected to be approved this year, will create a new landscape in the Brazilian market

Wednesday 27 Mar 2024 / 12:00

Influencers: "Between Effectiveness and Responsibility in the Gaming Industry".

(Rio de Janeiro, SoloAzar Exclusive) - As part of the Conference "Influencers: The Next Frontier of Social Media Marketing", as part of the Conference Agenda held on 6 and 7 March at the SBC Summit Rio 2024, leading industry personalities gathered in a panel to discuss the impact of the power of celebrities and influencers in generating engagement, as well as the proposed law that seeks to restrict their promotion of gambling.

Wednesday 27 Mar 2024 / 12:00

Pay4Fun: “We have ambitious expansion plans in the Brazilian market”

(Rio de Janeiro, SoloAzar Exclusive).- Leonardo Baptista, CEO and co-founder of Pay4Fun, is a key figure in the world of iGaming. His company, Pay4Fun, is a leading Brazilian online payment provider specializing in the iGaming market. During the first edition of the SBC Summit Rio, Baptista spoke exclusively with Soloazar, sharing insights about the new services that Pay4Fun will introduce to the market. He also discussed his vision for the future of iGaming in Brazil and Latin America. Another unmissable note by SoloAzar.

Wednesday 27 Mar 2024 / 12:00

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