Argentina is the second-largest and second-most populous country in Latin America. In the gambling sector, the jurisdiction of gambling games is administered by local financial institutions. Gambling activities of all 23 provinces and cities of Buenos Aires are under the supervision of this agency.
The jurisdiction of more than 3,200 municipalities in Argentina contains restrictions on the licensing of land-based casino operations. The powers and rules of each city will be at the discretion of the provincial legislature. Bueno Aires alone does not have a municipal government level directly under the central government.
Gambling Laws in Argentina
Regarding online casino gambling, some relevant products that are regulated by Argentine authorities include slots, table games, poker, and bingo. The noteworthy point related to the regulation of relevant gambling products is there is no central regulatory body available. All the gambling forms are held by local jurisdictions. There are 23 provinces with regulatory competence over the relevant products and the City of Buenos Aires.
Each province and the City of Buenos Aires have enacted its own gaming and gambling regulations. In general, based on section bis 301 of December 2016 the Argentine National Criminal Code, gambling and gaming are not prohibited if they are authorized by a competent authority.
At the moment, there is no nationwide online gambling offering in this country. However, due to the effect of the Covid-19 pandemic, the provinces and the City of Buenos Aires have undertaken the regulatory process in connection with online gambling, opening the online gambling market to international operators with land-based casinos switching traditional gambling into the online offering.
In Argentina, gambling advertisement restrictions apply and access to gaming and gambling are limited to those who are beneficiaries of social welfare aid.
As geoblocking is not available in Argentina, accepted payment method restrictions have been adopted and take effect as a solution to terrestrial issues related to online gaming.
Gambling debts are not enforceable in this jurisdiction.
What to Conclude?
Overall, gambling laws in Argentina are relatively clear and we hope that our article on the regulations imposed on this industry will give you useful and informative knowledge that you can make full use of before setting out in this market. If you are interested in other gambling-related issues such as casino reviews and casino games, casino bonuses, and promotions, feel free to visit our site and get informed by the latest updates.