This story was published more than 1 year ago.
The Argentinian province of Buenos Aires has announced that they've begun the process of licensing groups looking to offer online betting in the area.
The regulator is looking at the applications of 14 betting groups who're interested in the market, including William Hill, Flutter Entertainment, 888, bet365, Crown, Intralot, The Stars Group, and more. The province will offer slots, table games, virtual sports, sportsbetting, and horse racing to punters.
Groups who do get a license will pay an AR$65 million licensing fee as well as a 25% tax on gross gaming revenues in exchange for a 15 year license.
Each of the licensees will undergo an evaluation of 20 requirements, including data security, industry experience, and financial capacity of the company.
We'll let readers know who earns licenses in the region when they're announced.