Córdoba, Argentina’s second most populous province, has opened the tender process for 10 online gaming licenses, under a legalization bill passed in January. The law originally provided for five licenses, but was expanded.
“Online gaming is already in force in the province, but now what we are going to do is to make a call for tender, for those aspiring to be licensees,” said José Alonso, assistant manager of the legal department for Córdoba’s Department of the Lottery, according to Yogonet.com. “We are formalizing a situation that has been illegally developing in the province, to which we are giving a framework of legitimacy and protection for all players.”
According to Yogonet, the law aims to regulate online gambling through, among other actions, the creation of a Registry of Online Gambling Licenses, as well as “collaborating with the state in the detection and eradication of illegal games, in the fight against fraud and criminality.”
Companies or business groups must submit and acquire the national and international bidding documents by June 10, and the envelopes with the technical and financial proposals must be sent to Lotería de Córdoba before July 5. The application process foresees that 10 companies or joint ventures, with up to 30 percent foreign capital, will obtain a 15-year concession, which would start to be in force in September.
