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Bet365, Betway and Codere LatAm Apply for Online Gambling Licence in Buenos Aires

George Miller
June 10, 2019
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Bet365, Betway and Codere LatAm Apply for Online Gambling Licence in Buenos AiresReading Time: 1 minute

 

Bet365, Betway and Codere LatAm have entered the race to secure online gambling licences in Buenos Aires. They all have entered into joint ventures with local operators and registered to file a licence application. There are 10 companies competing for the seven igaming licences. June 25 is the deadline for interested parties to register their intention to apply for a licence.

Through its Hillside subsidiary, bet365 has partnered bingo hall operator Pasteko, while Betway has paired up with Bingo King. Codere LatAm -a subsidiary of the Madrid-listed operator- will work with slot and bingo hall operator Iberargen.

The winning bidders will be granted a 15-year operating licence, for which they have to pay AR$65m (US$1.4 million). They will be able to offer online casino games including slots, sports betting, poker and betting on horse racing and have to pay a 25% tax on gross revenue.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Bet365, Betway and Codere LatAm Apply for Online Gambling Licence in Buenos Aires

George Miller

George Miller

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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At the heart of the ever-evolving gaming and technology sectors lies EEGaming.org, a premier B2B platform and the definitive Intelligence Hub for industry leaders. As a flagship publication of HIPTHER, we bridge the gap between regional heritage and global innovation, redefining how the industry connects, informs, and inspires.

Expertise & Evolution – More Than Just News

Reaching a vast network of decision-makers, EEGaming.org goes beyond the headlines to deliver high-stakes intelligence and strategic foresight. From the intricacies of European regulations to the rapid evolution of global tech, we provide comprehensive coverage across the verticals that drive the industry:

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