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Buenos Aires goes liberal in gambling laws

Buenos Aires goes liberal in gambling lawsReading Time: 1 minute

 

Argentina’s Buenos Aires province has moved towards a more liberal attitude about gambling, in its 2019 budget.

Governor Maria Eugenia Vidal sees it as a source of income for the Social Development and Integration Fund that has been set up. As per the budgetary proposals, there will be two per cent tax on players’ winnings on casino, bingo or arcade games and a regulatory framework would be set up to support online gambling, including sports betting and horse racing.

There is widespread support for Governor Vidal’s proposals. This is kind of a U-turn in the policies by Vidal’s Argentina PRO political party because in 2015, when Vidal assumed office, she and her colleagues were very much in opposition to arcades and casinos.

 


Source: Latest News on European Gaming Media Network

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

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