⛔️Argentina🇦🇷: Proposal to Double Online Gambling Tax in the Capital
⛔️Argentina🇦🇷: Proposal to Double Online Gambling Tax in the Capital
🔴Argentina operates under a federal system of government, meaning many legislative matters are handled autonomously by each province and the capital city.
➡️In this context, Buenos Aires is considering increasing the tax on online slot machines and sports betting from 6% to 12%. The initiative, led by the center-right Radical Party, seeks to amend the “2025 Tariff Code,” which is annexed to Law No. 6,806.
🔴It’s worth noting that land-based casinos in the province already pay a 12% tax.
➡️According to the Argentine news portal La Política Online, the proposal has raised concerns among licensed iGaming operators in the capital, including Betsson and BetWarrior.
➡️In the new wording, gambling is not explicitly mentioned; the text refers to the “State Lottery of the capital district of Buenos Aires.” This could be an oversight or a deliberate legal decision to allow companies to avoid future sanctions.
#news #Argentina #gambling #betting
🏦 Payouter.com — reliable payment partner in the CIS and 🇮🇳India: Intent, UPI P2C conversion 54% by FTD
Payments High Risk Newsletter
Join the newsletter to receive the latest updates in your inbox.