Argentina moves to regulate online gambling

After Decree 181 was approved by the Argentinian province of Buenos Aires last December, after what seemed like a never-ending debate over the bill’s language, online gambling started to make its way into the province. There was still more work to be done before the industry could truly grab hold, and one item on the list was to have the decree published in the Boletin Oficial, the country’s official newspaper. That has now happened and Buenos Aires is the first province in Argentina to legalize online gaming.

According to Argentinian law, responsibility for legalizing and regulating online gaming and betting activity falls to the individual provinces. With Buenos Aires having gotten the ball rolling, there is hope that other provinces in the country will follow suit and introduce their own legislation to help the activity spread.

According to Decree 181, the Buenos Aires Provincial Institute of Lottery and Casinos will oversee the activity and will be in charge of issuing licenses to operators. In total, as many as seven online licenses are authorized by the decree and an operator is only allowed a maximum of one.

To secure a license, operators must meet 20 specific requirements. Applications will be reviewed by an appointed committee and the entities will be judged based on industry experience, data security, financial capacity and more. Licensees must have a strict marketing plan that doesn’t target minors younger than 18 and have to create a responsible gambling strategy that includes a self-exclusion program.