Latin America
Argentina (BA Province + CABA) licence.
IPLyC/LOTBA
Multi-province operators with M&A capability for CABA entry.
What the regulator asks for
Year one cost
€200k+ Year 1 per province
Each province licenses independently. CABA (LOTBA): 7 licences, all live, tender closed June 2024 (entry now via M&A only). BA Province (IPLyC): 7 licences, 4 live, 25% GGR, 15-year term.
Timeline
6-12 months
Federal model: 23 provinces + CABA each license independently. Section 301 bis Criminal Code makes unlicensed offering criminal.
Gaming tax
CABA: 10% GGR. BA Province: 25% GGR. Mendoza, Córdoba: variable. Plus federal 5% levy on online gambling. 2025 RENAPER biometric-ID national requirement.
Marketing climate
Federal advertising ban bill in development.
The market
Argentina is a federation of provincial regulators. CABA closed for new entries (M&A only). BA Province more open. Mendoza and Córdoba up to 10 licences each with potential for new entries 2025.
How the application runs
Province-by-province application. Local entity per province. RENAPER biometric KYC.
Ongoing compliance
Provincial self-exclusion frameworks. AML under federal and provincial rules.
What you can and cannot say
Federal ad ban bill in development; provincial rules vary.
The honest read
What it means for your plan
Each province requires separate compliance, but multi-province strategy via licensed local entities is workable. CABA closed window means M&A is the only entry route into Argentina's premier urban market.
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