Argentina Wants Online Gambling Legalized

Written by:
Guest
Published on:
Aug/30/2009

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.

Gambling News

Say No to Sportsbook Blacklist

Since Gambling911.com revealed that seven sportsbooks had gotten together to share player information, everybody in the industry is talking.

How to Withdraw Funds From Online Casinos?

Navigating the world of online gambling, especially when it comes to withdrawing your winnings, can seem daunting at first. However, with the right knowledge and understanding, the process can be smooth and secure.

Syndicate