The legislature is designed to eradicate illegal gambling while safeguarding the rights of customers in accordance with the constitution of the province of Cordoba.
The bill is set to cover casino games – both table and slots – as well as sports betting and lotteries. Licenses are open to anybody living in Cordoba, but foreign operators can only receive one in association with a national legal entity under a Temporary Union of Companies (UTE) in Argentina. These foreign operators would be prohibited from contributing more than 35% of a licensee in such a scenario. Licenses will expire after 20 years if not renewed.
Licencees must also ensure that any games contain features that allow players to set deposit limits, request temporary or permanent exclusion from games, and which trigger an alert after a player has been playing for three hours, which repeats every additional hour.
Any advertising or promotion of online gambling is only allowed if the advertising party has the required permission issued by the enforcement authority.
Profits from online gaming in the region will be used to fund the lottery for the province of Cordoba. The province of Buenos Aires legalized online gaming back in January, awarding licenses to seven operators. The city of Buenos Aires, meanwhile, a distinct autonomous region, has also issued licensed after it set out criteria for licensees in February last year.
The province of Corrientes has also taken steps to follow suit, publishing its regulations for online gaming in the region.
Source: iGB
