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Buenos Aires goes liberal in gambling laws

Published

7 years ago

December 7, 2018

Niji Narayan

Buenos Aires goes liberal in gambling laws

Photo Source: todayifoundout.com

Reading Time: < 1 minute

Argentina’s Buenos Aires province has moved towards a more liberal attitude about gambling, in its 2019 budget.

Governor Maria Eugenia Vidal sees it as a source of income for the Social Development and Integration Fund that has been set up. As per the budgetary proposals, there will be two per cent tax on players’ winnings on casino, bingo or arcade games and a regulatory framework would be set up to support online gambling, including sports betting and horse racing.

There is widespread support for Governor Vidal’s proposals. This is kind of a U-turn in the policies by Vidal’s Argentina PRO political party because in 2015, when Vidal assumed office, she and her colleagues were very much in opposition to arcades and casinos.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.