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Confusing Online Casino Gambling in South America

The South American internet gambling is a ripe target for some European companies looking to expand into new markets – the only problem is that many South American countries have confusing and conflicting online casino gambling policies in place. This is the case in Argentina; the country is comprised of 23 autonomous regions with 23 different gambling regulations and legislation in place. Further compounding the problem is a lack of clear federal legislation. But while the national gambling legislation is still in the works, Buenos Aires is considering legalizing online casino gambling in the region.

This is a pretty big step forward for the region, which currently has unclear regulations relating to online casino gambling. The newly planned legislation would not only give Buenos Aires a clear stance on internet gambling, but would then allow foreign online casinos a way into the Argentinean gambling market.

Bwin previously attempted to offer forms of internet gambling throughout Argentina but restrictions in Buenos Aires has forced the company to suspend operations in the region until the case is settled. And though Bwin has encountered some problems with the regional authorities, other online casinos are already firmly moving into the market. Namely the 888 gambling group and Victor Chandler already offering online casino and betting services in Argentina.

At this point, it seems that the new legislation would allow internet betting specifically, and a regional internet lottery. Initial reports speculate that the Intralot online casino gambling group could win the first license to operate internet betting in the region – no word yet on how open the regional government plans to make the industry.