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Sportsbook

Argentina: Buenos Aires paves the way for sportsbooks

Friday 07 de June 2019 / 13:42

2 minutos de lectura

(Buenos Aires).- A few days ago, Buenos Aires Legislators approved the games of chance and draws bill with online betting, after ratifying a resolution of the Board of Directors of the Lottery of the Buenos Aires City. This way, the City paved the way for the habilitation of all online games (games of chance, games of skill, sportsbooks, virtual games and non sport events,) under the online modality.

Argentina: Buenos Aires paves the way for sportsbooks

In this universe appear virtual slots, roulette games, all type of card games (Poker, Black Jack, Baccarat) and other games of chance and draws with jackpots including sportsbooks. According to the Constitution of Buenos Aires: "The City regulates, administrates and operates games of chance, skill and mutuel betting, not admitting privatization or tender process except distribution agencies and retail, allocated to social development and assistance." Legislators who voted in favor (34 of 60) described the following advantages of the new system: a) illegal sportsbooks will be eradicated, b) the City could collect between $350 and $500 million and c), 3500 employments will be created. It also plans the free opening of personal and non-transferable accounts where to deposit credit to play and eventual winning funds, to be depositated on credit and debit cards. Bets would not be permitted from counts associated to plans or assistance help and the use of foreign money will also be banned.


Representative Cristian Bauab (Vamos Juntos party) remarked that the system will require the competition of at least three operating agencies, which will have to exhibit "financial solvency, technical capacity and technological equipment. Under-aged, agency personnel and their families, as well as sporting men will not be allowed to bet."


This frame enables us to evaluate the "advantages" and "disadvantages" of the bets, due to the impact that the gaming addiction causes to society. Despite the fact of showing the charitable causes of the collection and the new employment it generates, a very critic opinion headed by the Catholic Church, alert us, pointing that bettors in need will have an easy access, thanks to the new technologies and the gaming bank use.

Categoría:Sportsbook

Tags: Sports Betting, Online Betting, Sportsbook ,

País: Argentina

Event

Peru Gaming Show 2025

18 de June 2025

Facephi presented its digital identity verification solutions for the online gaming sector in Peru at PGS 2025

(Lima, SoloAzar Exclusive).- Facephi is consolidating its position as a strategic partner for responsible online gaming in Peru, presenting advanced identity verification, fraud prevention, and regulatory compliance solutions at PGS 2025, adapted to an increasingly digital and demanding ecosystem. In this interview, Bruno Rafael Rivadeneyra Sánchez, the firm's Identity Solutions Senior Manager, explores how its technology is redefining gaming security standards, with a preventative, seamless, and 100% regional approach.

Friday 18 Jul 2025 / 12:00

From PGS 2025, Win Systems Redoubles its Commitment to Peru: Innovation, Proximity, and Regional Expansion

(Lima, SoloAzar Exclusive).- In a revealing interview, Galy Olazo, Country Manager of Win Systems in Peru, analyzes the company's strategic role in one of the most thriving markets in the region. Its participation in the PGS 2025 trade show not only left its mark with its technological advances, such as the new Gold Club Colors electronic roulette wheels and the WIGOS management system, but also reaffirmed its commitment to the transformation of the sector and its consolidation in Latin America.

Tuesday 15 Jul 2025 / 12:00

Key debate during PGS 2025: Enforcement: Process to ensure compliance (laws, norms, rules)

(Lima, SoloAzar Exclusive).- During the 2025 edition of the Peru Gaming Show, the conference ‘Enforcement: Process to ensure compliance (laws, norms, rules)’ took place, with an international panel of professionals who debated about the current challenges to combat illegal gaming and guarantee the application of the laws in the sector, both in Peru and in the Latam region.

Monday 14 Jul 2025 / 12:00

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