Connect with us

WINNING COMBINATION - SOFTSWISS develops innovative iGaming software products for online casino, sports betting, and beyond. Our products can be delivered as standalone solutions or combined into a single iGaming Platform.

The future of sports betting: BETBY sportsbook is focused on innovation through deep industry knowledge, state-of-the-art software & endless customization possibilities.

Latest News

Bet365, Betway and Codere LatAm Apply for Online Gambling Licence in Buenos Aires

Published

6 years ago

on

Bet365, Betway and Codere LatAm Apply for Online Gambling Licence in Buenos Aires
Photo Source: menteargentina.com
Reading Time: < 1 minute

 

Bet365, Betway and Codere LatAm have entered the race to secure online gambling licences in Buenos Aires. They all have entered into joint ventures with local operators and registered to file a licence application. There are 10 companies competing for the seven igaming licences. June 25 is the deadline for interested parties to register their intention to apply for a licence.

Through its Hillside subsidiary, bet365 has partnered bingo hall operator Pasteko, while Betway has paired up with Bingo King. Codere LatAm -a subsidiary of the Madrid-listed operator- will work with slot and bingo hall operator Iberargen.

The winning bidders will be granted a 15-year operating licence, for which they have to pay AR$65m (US$1.4 million). They will be able to offer online casino games including slots, sports betting, poker and betting on horse racing and have to pay a 25% tax on gross revenue.

Related Topics:

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.

Advertisement

Trending (Top 7)

EuropeanGaming.eu is a premier online platform that serves as a leading information hub for the gaming and gambling industry. This industry-centric media outlet reaches over 200,000 readers monthly, providing them with compelling content, the latest news, and deep-dive insights.

Offering comprehensive coverage on all aspects of the gaming sector, EuropeanGaming.eu includes online and land-based gaming, betting, esports, regulatory and compliance updates, and technological advancements. Regular features encompass daily news articles, press releases, exclusive interviews, and insightful event reports.

The platform also hosts industry-relevant virtual meetups and conferences, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2024 - European Gaming is part of HIPTHER. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.