In Argentina and the government for the giant city of Buenos Aires has reportedly passed legislation that will allow local land-based bingo, slot and casino operators to launch compatriot online services.
According to a report from the news domain at G3Newswire, the measure is to permit local firms currently involved in running ‘physical’ gambling properties within the conurbation of over 15 million people to apply for five-year iGaming licenses under the supervision of the Ministry of Finance. The source detailed that such online casino operations will not be required to pay any fees but are to be obliged to hand over 6% of their gross profits as well as between 10% and 20% of their revenues in tax.
Protective provisions:
The legislation also reportedly mandates that only individuals holding a ‘clean record’ may be involved in iGaming with operators being compelled to provide punters with complete and accurate information relating to such issues as game types and rules as well as the probability of winning a prize. To assuage the fears of those worried about the possible proliferation of gambling addictions and the new regime is to moreover purportedly compel licensed firms to establish systems that will allow players to easily access their gaming histories and receive ‘clear information’ about their behaviors.
Obstructive obligation:
The 60-seat Buenos Aires Legislature is currently controlled by a coalition under the guidance of the center-right Republican Proposal political party and reportedly brought in another regulation that is to prohibit pawnshops and cash machines from being located within a 650-feet radius of any land-based gaming venue.
Extra earner:
Local legislator Claudia Neira reportedly told G3Newswire that legalized online gambling is destined to be ‘a great source of income for the city’ and must have any consequent downsides treated as a health issue. Compatriot Mercedes De Las Casas purportedly seemed to agree by calling the move ‘a great step to ensure that gambling is responsible’ despite fears that ‘there is still a lot to continue working on.’
Play games casino online games refers to participating in casino-style games through an online platform. In essence, it combines the excitement of traditional casino games, like slots, blackjack, poker, and roulette, with the convenience of playing them online.
When you play games casino online, you can enjoy:
-
Variety of Games: Many online casinos offer a huge range of games, from popular slots to live dealer games, replicating the casino experience at home or on mobile.
-
Accessibility: Online casinos allow you to play anytime and anywhere, making it easy to enjoy your favorite games without traveling to a physical location.
-
Bonuses and Promotions: Online casinos often offer promotions, welcome bonuses, and rewards, enhancing your experience and providing extra funds to play with.
-
Real Money or Free Play: Most platforms offer options to play for real money or for fun, giving players the flexibility to test games before committing financially.
Online casino games bring the thrills and potential rewards of a real casino experience to your screen, with the added security, convenience, and bonuses that online platforms provide.
