Overview
What regulations and legislation apply in this attractive country regarding gaming and gambling?
Argentina regulated land-based and online gambling, however, the line between what is permitted and what is not still isn't quite clear.
The nation's gambling rules are not all created by a single regulating authority. Interestingly, each Argentine province (and there are 23 of them), passes laws and regulations applicable only on its own soil, that is, only locally.
Given that there is no unanimous decision on gambling and gaming laws applicable throughout the whole of Argentina, we will talk about the laws in general; it is impossible to analyze decisions about land-based and online gambling in each of the 23 provinces.
However, what each of the 23 provinces has in common is a great passion for gambling; gaming and gambling are generally widely accepted activities in this country, which from year to year has an increasing percentage of users. This specifically refers to the online gambling and betting sector, which in Argentina is considered one of the fastest-growing industries, which brings the state over two million in annual revenues.
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History of Gambling Regulations in Argentina
During hundreds of years of gambling enjoyment by Argentine residents, this activity went through various stages – from condemnation to approval, until concrete laws began to be enacted.
The turning point for land-based casinos was during the late 1990’ when provinces were finally given the right to independently decide the rules of the game on their turf. After years of fighting for the rights of brick-and-mortar casinos, today gambling is legal in all Argentine jurisdictions. Until a few years ago, before online gambling took precedence over land-based casino entertainment, Argentina was considered the epicenter of the Latin American industry with over 550 slot halls and 90 land-based casinos.
In addition to popular slots, traditional casino games such as Blackjack, Roulette, and Punto Banco were mostly played in Argentinian halls, hotels, and casino lounges.
We will also mention the lottery, which is very popular among the population of Argentina. A wide range of lottery options are available to citizens, which, however, also vary from province to province. The same applies to bingo, as well as horse racing and sports betting.
Relevant Legislation
In Argentina, it is generally forbidden to gamble or play games of chance unless specifically permitted by a competent authority. As we mentioned, in the case of Argentina's gambling and gaming laws, the decision is not made by just one regulatory body, but by the competent authorities for each of the 23 provinces. After the decision was made in 2016 that each province has the right to independently make decisions and legislatures on the subject of gambling and gaming, the rules finally entered section 301 bis of the Argentine National Criminal Code.
Relevant products in the gaming selection, which include slot machines, table games, poker, and bingo, both in digital and land-based form, are regulated by local provinces, as well as the main province, Buenos Aires.
The same pattern was applied to the content connected to sportsbetting and fantasy betting, as well as social and skill games.
Laws and regulations concerning lotteries are also passed by the local authorities. What is different though, the lottery has been legalized, unlike other gambling and gaming content, at the federal level since 1999, by the decision of the Supreme Court. The national lottery stopped working in 2018, so only the regional lotteries are available to Argentineans.
Online Gambling
In most areas of Argentina, online gambling is, to some extent, allowed. When we say to some extent, we again imply that decisions about online casino gambling are made by the authorities in the provinces, which, if they officially approve, legalize this activity at a certain level. In other words, there is no penalty for online gambling participants.
In the last few years, Argentina has made huge progress in the field of solving online gambling issues and introducing and enforcing laws across 23 provinces. This was greatly contributed by the COVID pandemic, during which many land-based casino service providers turned to the online industry. Unable to visit brick-and-mortar casinos, Argentineans found pleasure in playing slots and betting on online platforms. During the long lockdowns, a huge number of thrill-seeking people spent time on computers, tablets and phones, looking for popular games, attractive boosts and table games, and enjoying everything that the iGaming industry has to offer at that moment.
The capital, Buenos Aires, experiences the greatest change. The City of Buenos Aires and the Province of Buenos Aires, Argentina's two largest districts have started regulatory procedures related to online gambling as of 2018.
A review of the laws governing internet gambling is probable to take place in both countries sometime in 2023 or 2024. Plus, eight licenses for online gambling are being prepared in the province of Cordoba.
In general, a big boom in the online gambling market is expected in the coming period, taking into account that almost every one of the 23 provinces is, in one way or another, on the very threshold of complete legalization of online gambling.
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