Online gambling in Argentina and related regulations are very specific. This country consists of 23 provinces, with the city of Buenos Aires acting as autonomous province. According to the regulatory framework, each province has the complete freedom to make its own provisions regarding gambling and betting.
In most provinces, online betting is allowed, but in some, it is not. Argentina started legalizing internet gambling and regulated iGaming market back in 2018. For example, the province of Misiones made the decision to legalize online betting, followed by Buenos Aires, which allowed online gambling as well as online sports betting.
iSoftBet, one of the most famous casino games suppliers, is expanding its business network to Argentina after receiving a license to operate issued by Lotería de la Ciudad de Buenos Aires (LOTBA).
LOTBA is the regulatory board for the City of Buenos Aires, and the issuance of this license will enable this leading content aggregator to distribute its portfolio to Argentina and thus expand its scope of business.
This is a big step forward for iSoftBet when it comes to expanding this company because from now on it will be able to offer its best titles to players from Argentina.
However, in order to be able to enter the gambling world in this country, players must be at least 18 years old. To prevent minors from accessing gambling sites, operators have the right to request ID documentation for the purpose of verifying age and identity of players.
Mark Halstead, Compliance Manager at iSoftBet, said: “Becoming an approved supplier with LOTBA is absolutely vital for our next phase of growth in Latin America, and we are thrilled with the opportunity that we have been granted. As one of the most exciting emerging regions in iGaming in recent years, we look forward to providing players in Argentina with our products and hope to secure more business in the region in the months ahead.”
Are You Interested in Hearing More About iSoftBet?
iSoftBet, a well-known provider of online and mobile casino games, is licensed in 19 regulated markets including the United Kingdom (UK Gambling Commission), Malta (Malta Gaming Authority), Romania, and can distribute its content to Germany, Italy, Portugal, Spain, and Hungary.
The company was founded in 2010 in London, UK. The head office is also located in this city, and the offices of this company are also located in Malta, Romania, the Philippines, and Cyprus.
Source:
’’ISoftBet Set To Enter Buenos Aires With LOTBA Registration’’, isoftbet.com, 23 November 2021.
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