When Argentina faces General Election polls on October 27, conditions seem less conducive for advance with an online gambling program for its province of Buenos Aires (BA).
In compliance with the tendering rules approved by the Argentine Provinces Board for Lotteries and Casinos (IPLyC), nine foreign operators have formed local partnerships with BA gambling companies that have not been consulted on how and when the BA tender will be settled since June.
Fernando Garita, head of Business Development at Betcris for Latin America said: “We have not received a formal communication from the authorities, and we still are waiting for the provincial government to define the next step of the process.”
Playing what appears to be an’ eternal waiting game,’ Betcris examines its business choices and has announced that it can seek a’ BA city license’ provided by LOTBA–BA’s lottery regulator.
Going against its regulatory counterpart IPLyC, LOTBA has stipulated that it can release its own online gambling regulatory framework with no’ licensee limitations or partnership requirements’ for BA’s city jurisdiction. Nonetheless, no specific regulations serving any sort of mandate have been submitted by the department.
Observing from the sidelines, the contrary behavior of LOTBA will tell international players what has become a phenomenon of inconsistency attached to BA political actors seeking a controlled marketplace for online gambling.
Case in point comes from Juan Ignacio Juanena, ceo of iGaming Latam Consulting, who pointed out her authored gaming mandate to BA Governor María Eugenia Vidal as she campaigned for re-election in the province.
“The Province has seen Governor Vidal go out to the media emphasizing efforts to prevent gambling from growing in the province, something that has attracted the attention of operators and generates further uncertainty since it has been during her tenure that online gambling has been enabled, with the regulation process started,” Juanena explained.
Foreign incumbents should remember Vidal’s history of turning back on the industry, which saw the governor abolish the’ Provincial Game Fund’ of BA in 2018 by sanctioning the closing of three casinos, arguing that the fund’s’ intention was not to expand for gambling.
Nonetheless, operator anxieties might be better off watching the movements of Vidal’s rival Axel Kicillof, who leads the BA governorship polls in October and perhaps the person to settle BA gambling.
Would a Kicillof BA administration pursue or reform the online gambling agenda of Vidal, taking into account that supporting’ Kirchnerismo’ the candidate’s Justicialist Party refused to approve online gambling in the legislature of BA?
Further complicating matters, the Super League of Argentine football and the AFA continue to protest that soccer clubs must earn a proportion of sports betting proceeds.
Managing Argentine soccer through a time of national crisis, officials from the Super League and AFA say funds are needed to improve player contracts, satisfy contractual commitments, and enforce enforcement and integrity systems within their frameworks.
Oscar Tucker, vice president of the Banfield Athletic Club, stated: “It is not only an economic issue, but our claim is also part of the need to protect the integrity of Argentine football from match-fixing and corruption linked to betting. Like other first division clubs, we do not rule out taking any measures to ensure that our order is met.”