Argentina
61pts
Regulation 18/30
Taxation 12/20
Product 14/20
Integrity 7/15
Advertising 10/15
Market Summary
Retail betting available and some emerging provincial online licensing. Fragmented market, limited licence availability and lack of integrity measures are a challenge, but local and international operators are showing interest in the market’s potential.
Channelisation:
43%
Regulatory framework
Retail betting available and some emerging provincial online licensing. Fragmented market, limited licence availability and lack of integrity measures are a challenge, but local and international operators are showing interest in the market’s potential.
Licensing numbers & costs
Buenos Aires province: maximum of seven licences; application fee US$115k and 15 year licence fee US$1.4m. Buenos Aires city: minimum of three licences (no upper limit); US$30k application fee and annual fee US$100k for a five-year licence. Mendoza: expected to be two to seven licences for 10 years.
Enforcement & player protection
Fragmented province by province regulation, where in place. Betting prohibited for under 18s. Self-exclusion programmes have been set out by Buenos Aires province and city. AML requirements in place.
Betting tax & levies
Buenos Aires province: 25% GGR. Buenos Aires city: 10% net gambling revenue. The federal online gambling tax increased from 2% to 5% of turnover from 2021, rising to 10% if operators are based in countries with low taxation rates, e.g. tax havens. This tax was not previously implemented/collected.
Other taxation
Tax levied at federal, provincial and municipal levels. 25% corporation tax. 21% VAT on digital services.
Betting channels
Retail and online racing and sports betting permitted where licensed. Betting also on-course at racetracks.
Types of betting
Fixed odds, pool/pari-mutuel and exchange betting on real and virtual events allowed. No restrictions on bets allowed to date, albeit Buenos Aires province will approve each sport and competition offered.
Betting integrity
Regulatory and licensing of online betting in the early stages of development with a fragmented province by province framework. Argentina is not involved in the Council of Europe sports manipulation convention or its network of national platforms.
Prosecution
Criminal offence of match-fixing established 1974; Art. 24 provides for up to three years imprisonment, unless it constitutes a more serious crime.
Advertising (incl. bonuses) & sponsorship
National and provincial advertising rules. Sponsorship is provincial. Advertising permitted for licensees (limited to those provinces regulating the betting product) within defined parameters e.g. no promotion to minors.