Buenos Aires Readies Online Gambling Regulation

Buenos Aires Governor María Eugenia Vidal (l.) has given approval to begin regulation of online gambling in the Argentine Province. The province legislator has already approved online gambling and will now vote for final approval as part of the province’s 2019 Budget plan.

Buenos Aires Readies Online Gambling Regulation

Legislators in the Argentine Province of Buenos Aires will take on final wrote to legalize online gambling there after Buenos Aires Governor María Eugenia Vidal signed off on the plan.

The law creates two new taxes on the gaming sector for online gaming and also for slot machines.

The gross profits produced by online games will be taxed at eight percent and will be used to fund education, promotion and social assistance, as determined by the Executive Power.