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.
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
SiGMA Central Europe
03 de November 2025
SiGMA Central Europe Awards EGT Digital the Title of Fastest Growing Aggregator 2025
(Sofia).- EGT Digital has been awarded the “Fastest Growing Aggregator 2025” title at this year’s SiGMA Central Europe exhibition in Rome.
Monday 17 Nov 2025 / 12:00
N1 Partners Accelerates Growth at SiGMA Central Europe 2025
(Rome).- During SiGMA Central Europe 2025, N1 Partners turned its stand into a vibrant meeting point for networking and collaboration. The event added another landmark achievement on the way to the highly anticipated conclusion of the N1 Puzzle Promo campaign.
Friday 14 Nov 2025 / 12:00
NOVOMATIC Italia showcases innovation and responsible growth at SiGMA 2025
(Gumpoldskirchen/Rome).- NOVOMATIC Italia took center stage at SiGMA Central Europe 2025 in Rome (November 4–6), a premier international event for the gaming and digital technology industry. The Group highlighted ADMIRAL Pay, its Bank of Italy–authorized payment institution, alongside Quigioco, its online gaming brand, presenting a forward-looking and sustainable vision for the future of payments and digital entertainment.
Wednesday 12 Nov 2025 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.