You are here: Home / Argentina May Legalize Online Gambling

Argentina May Legalize Online Gambling

BUENOS AIRES -(Dow Jones)- The Argentine government is working on plans to allow online gambling throughout the country, presidential Cabinet Chief Anibal Fernandez said Wednesday.

"We're working so that this will become law within two or three months," Fernandez said, adding that it could take notably longer and possibly up to two years.

Fernandez said the main aim behind the project is to combat illicit gambling that's already occurring.

Earlier this month people familiar with the government's plans said the government would use online gambling to help finance its recently acquired rights to broadcast soccer matches. Revenue from taxes on the activity could also help strengthen the government's fiscal accounts.

Fernandez neither denied nor confirmed that gambling could be used to finance soccer.

"That's another subject," he said in comments on the sidelines of a Council of the Americas conference.

betus
sbgglobal


Play online poker with thousands of real people for FREE


sportsbetting





Hollywood Sportsbook
Sportsinteraction

Gambling News

  • Online Gambling
    You may have read my article yesterday entitled “ACLU Should Stand Firm in Kentucky Online Gambling Issue” where I reveal how the Kentucky Supreme Court ruled the commonwealth may seize some 141 online gambling-related domain names, something even our friends in China would never do.
  • Belgium Online Gambling
    The European nation of Belgium will soon be permitting online gambling operators on their soil and granting licenses. The new amendments, termed the New Belgian Gaming Legislation, were published last month and expected to go into effect next year.
  • iGaming Super Show
    Gambling911.com can reveal that its beat reporter Jagajeet Chiba will be attending the must ballyhooed iGaming Super Show May 25 – 28 in Prague, Czech Republic, along with his lovely wife, Sadhvi.
  • Australian casino king, James Packer, friends, associates and even a few Hollywooders will gather at the Sydney Overseas Passenger Terminal in Sydney in aid of indigenous Australians - GenerationOne!
  • The online gambling sector was dealt a serious blow on Thursday with news that the Kentucky Supreme Court reversed a state court of appeals ruling blocking an attempt by the Commonwealth of Kentucky to seize 141 domain names related to online gambling.
  • World Sports Exchange
    The once proud World Sports Exchange (WSEX.com), founded in 1996, has fallen on bad times and co-founder Jay Cohen hasn’t said much about the matter.
  • Berlin Poker Robbery
    Police have launched a massive manhunt for two remaining suspects in a brazen Berlin poker robbery. Two individuals are now in custody following the March 6 incident at the Grand Hyatt Hotel during the concluding hours of a major poker tournament, the European Poker Tour.

User login