Bill 52665 advances online gaming regulation in Santa Fe, Argentina

Bill 52665 advances online gaming regulation in Santa Fe, Argentina

In a historic move, the Chamber of Deputies in the province of Santa Fe, Argentina, granted preliminary approval to Bill 52665, marking a significant step toward online gaming regulation and sports betting. The legislation, promoted by Deputy Fabián Bastía and introduced by Marcelo González, received a positive vote from 38 deputies, with six opposing the measure.

Key provisions and controversies in the proposed legislation

Bill 52665 not only aims to regulate online gaming but also introduces noteworthy changes to the existing framework. Notable provisions include the authorisation of sports betting, an increase in the gross revenue fee from 10% to 15%, and a dedicated allocation of profits for agents, with a substantial portion directed towards prevention and awareness campaigns for problem gambling.

During the Chamber of Deputies’ debate, contrasting viewpoints emerged, with some highlighting the need for legislative consensus and others emphasising the importance of controlling and regulating online gaming. The approved bill not only addresses existing concerns but also seeks to create a robust framework for the future.

Shifting from decree to legislative control – A controversial past

The legislation seeks to replace a controversial 2020 decree by outgoing Governor Omar Perotti, which directly awarded online gambling concessions to two companies operating land-based casinos. The move prompted political and judicial reactions, leading to a renewed legislative effort to establish a comprehensive regulatory framework. The proposed bill extends existing licenses to the online realm but introduces crucial changes, emphasising legislative control, increased fees, and a focus on responsible gambling.

If BIll 52665 successfully navigates the Senate and becomes law, Santa Fe will join the ranks of Argentina’s provinces with established licensing frameworks for online gambling. The move reflects a broader trend in the country, with provinces like Buenos Aires City and Province, Mendoza, and Córdoba already embracing online gambling regulations. The legislative process unfolds against the backdrop of a changing government in Santa Fe, as outgoing Governor Perotti makes way for Governor-elect Maximiliano Pullaro.

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