Argentina to Unify Online Gambling Regulation

Published July 18, 2014 by Lee R

Argentina to Unify Online Gambling Regulation

Inconsistent provincial gambling legislation will be replaced by an integrated federal model.

Keeping pace with its larger neighbor to the south, Argentina has drafted it own framework for online gaming.

Provincial to Federal

The new framework constitutes an updated form of legislation that has been adopted to today's online environment, and replaces a stifling and provincial system that had been lingering in Argentina's legal framework for some time.

The proposal was written by Argentina’s Board of the Association of Lotteries and Casinos (ALEA) to provide a federal framework for integrating adapted online legislation into the antiquated provincial legal structure that currently exists in South America's second largest country.

Inconsistent Jurisdiction

In the current system, gambling regulation is divided rather inconsistently--according to the jurisdiction of wherever the gambling takes place across the 23 provinces or Buenos Aires, leaving a grey area that has resulted in much unregulated gambling.

Uniform Federal Regulation Sought

ALEA's federal proposal would unify online gambling regulation under one authority within an integrated federal framework for all online games.

Benefits

ALEA is quoted in statements to local press as seeking to eliminate terrorism financing and money laundering while increasing contributions to community welfare with the new regulation.

More Meetings

Technical representatives from each of Argentina's provinces were represented at the ALEA meetings, with more discussion for developing the framework to take place in the next 60 days.

Online Gambling in Argentina

As far as online gaming, Argentina is no stranger. Until November 2012, Bwin.party was one of the largest online gaming operators in the country. However, Bwin's license was terminated by Misiones province, due to what the provincial authority deemed “breach of contract.”

In contrast, Bwin claimed the decision to leave was for “purely commercial” reasons.

New Market Entrants

Whatever the case, integrated federal regulation in Argentina certainly paves the way for an amicable return by Bwin, as well as market entry from other prominent online gambling operators who will no longer have to clash with varying legal interpretations from the different provincial authorities in the country.

See also

FIFA World Cup Preview: Argentina Counts on Lionel Messi

Argentina Heads To Copa America Final After Thrashing Paraguay

Is There a Chance for Bosnia-Herzegovina Against Argentina?

Germany and Argentina Meet in a World Cup Final Again

Betting Odds for Argentina-Netherlands World Cup Semi-Final


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