Argentina Begins Cracking Down on Internet Gambling Operators

Written by:
C Costigan
Published on:

Argentina has been long considered by some Internet gambling operators, mostly US expats, as the next frontier to set up shop should the online gaming haven of Costa Rica ever decide it no longer wants to host the burgeoning multi billion dollar industry.

They can scrap those plans, at least in the foreseeable future.

According to the local reports the government is working at the law similar to the US's UIGEA that will ban any forms of gambling online. The main argument of the statesmen is that only taxable ways of payment should be allowed.

From e-Commerce Journal:

At the moment the government has already prepared 2 bills that should be considered the coming days. The first one defines all forms of the online gambling as the illegal ones. And the second one presents the penalties for the Internet Service Providers that allow the residents of Argentina to enter Internet casinos and gaming sites. Also, the bill lists the online games that are forbidden to play. Among them are such games as online poker, online bingo, sports wagering, and casino gambling.

Likewise, the news last week that Argentinean Internet gambling website Formoapuestas.com.ar in Buenos Aires province had been arbitrarily shut down by local licensing authority Loteria Nacional has been followed by reports that the province of Sante Fe is also considering a ban on Internet gambling.

Online poker network, Action Poker, will likely scrap its plans to build its business in Argentina. This summer, the company was looking to grow its newly launched poker product, Million Dollar Poker Club, in South America with Argentina one of the key focus countries.

Argentineans will also be deprived of betting on their home football team. Whether the law holds pat until the 2010 World Cup remains to be seen. Quite a few nations that once held strong objectives to legalized online gambling in one way or another have since changed their stance. Italy serves as a shining example.


Christopher Costigan, Gambling911.com Publisher

Gambling News

Moving from Online Gambling to Virtual Reality Gambling 

Online gambling is one of the most flourishing businesses worldwide. A large number of people visit the internet to bet on their preferred sports and games.  In the last few decades, it has witnessed rapid growth due to technological innovations and advancement.

New Jersey Shatters Sports Betting Record

New Jersey Shatters Sports Betting Record

New Jersey’s fast-growing sports betting market blew past its own national record in September, taking in more than $748 million in bets from sports gamblers finally able to wager on football amid the coronavirus outbreak.

Can't Bet on Draftkings From California

Can't Bet on Draftkings From California

You have seen the ads.  Draftkings is all over the place during sporting events.  But if you live in California, Draftkings is not available for betting.

Dog Day Afternoon Week 6 NFL

Dog Day Afternoon Week 6 NFL

If you were betting the dogs this past weekend in the NFL, chances are you did pretty well.

BetOnline Under Aggressive Cyber Attack

BetOnline Back Up After Massive Cyber Attack

BetOnline has come under an aggressive cyber attack per the site itself and Dave Mason, who continues to monitor the situation after taking a previously scheduled day off.