Argentina has a decentralized gambling regulatory framework. Provinces in Argentina autonomously regulate gambling activities within their jurisdiction. This has caused uniformed licensing, taxation, and regulations of gambling activities in the country. Betting sites in Argentina must obtain their licenses from the provincial regulatory board. They are required to submit applications to the respective regulatory board. Applications include company and shareholder information, intended gambling activities, and financial statements. It also requires assessing security measures, anti-money laundering regulations, financial standing, and responsible gaming policies. Other essentials include financial stability, technical requirements, responsible gambling measures, and compliance and auditing policies.
Fortunately for domestic gamblers, the country doesn’t prohibit placing wagers with international bookmakers online. Argentina’s leniency in this regard is in keeping with the country’s rich gambling history. In fact, by simply accessing sports betting online, domestic bettors don’t have to worry about whether or not a specific city-based sportsbook in Argentina will accept a bet.
Legal online sports betting
The legality of placing sports bets online depends upon the region of the bettor’s residency. Some cities require bettors to pay fees and taxes on any winnings. Failure to do so is a violation of the law. Even though Buenos Aires is open to international bookmakers, lawmakers are seeking to remedy confusion relating to different regulations and requirements for online sports betting, which differ by region. Still, Argentineans who are of legal age may access the most popular sports betting websites.