International edition
July 28, 2021

As published on December 31st on the province’s official gazette

Buenos Aires Province awards seven online gaming licenses

Buenos Aires Province awards seven online gaming licenses
Leading international companies are now authorized to operate in the Argentine province in partnership with renowned local firms.
Argentina | 01/04/2021

As announced by Yogonet last week, Buenos Aires Province authorities have decided to grant, on the last day of 2020, the seven online gaming licenses available to operate in Argentina’s largest jurisdiction, after a long, quiet awarding process.

I

n accordance with order 795/2020, Buenos Aires province officials have awarded a license to offer online gaming to the following licensees:

1.- “ARGENBINGO S.A. – WILL HILL LIMITED S.A. SUCURSAL ARGENTINA (joint venture)”

2.- “HILLSIDE (NEW MEDIA MALTA) PLC – PASTEKO S.A. (joint venture)”

3.- “HOTEL CASINO TANDIL S.A. – DYNAMO TYCHE S.A. – PLAYTECH SOFTWARE LIMITED (joint venture)”

4.- “CASSAVA ENTERPRISES (Gibraltar) LIMITED – BOLDT S.A. (joint venture)”

5.- “ATLANTICA DE JUEGOS S.A. – STARS INTERACTIVE LIMITED (joint venture)”

6.- “BINBAIRES S.A. – INTRALOT INTERNATIONAL LIMITED (joint venture)”

7.- “CASINO DE VICTORIA S.A – BETSSON MALTA HOLDING LIMITED (joint venture)”

Published on the province’s official gazette on December 31st, the decision was made pursuant to Law 15,079, approved during the province’s prior administration led by governor Maria Eugenia Vidal, who greenlighted this gaming modality while the current administration rejected it.

Pursuant to section 3, each licensee must make a “Single Fixed Payment” amounting to ARS 65,000,000 (approximately USD 768,200 at the official exchange rate).

"Each licensee must pay ARS 26,000,000 (approximately USD 307,300) upon signing of the licensing agreement, while the balance must be paid in accordance with Chapter IV, subsection H of the bidding terms and conditions," according to the text signed by Buenos Aires Province Institute of Lottery and Casinos (IPLyC) president Omar Galdurralde.

Moreover, the joint venture “BINGO PILAR S.A. – PPB COUNTERPARTY SERVICES LIMITED SUCURSAL ARGENTINA”, was removed from the registry of applicants since the latter decided not to participate in the process on May 22, 2020, allowing “Casino de Victoria SA – Betsson Malta Holding Limited” to obtain a license.


Leave your comment
Newsletter Subscription
Subscribe to receive the latest news and updates
Enter a valid email
Complete the captcha
Thank you for registering to our newsletter.