Operators launch online gaming in the City of Buenos Aires
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Madrid-based gaming operator Codere Online is offering sports betting and online casino services through www.codere.be.ar.
“Beginning operations in the City of Buenos Aires represents a fundamental milestone in our business plan,” said Moshee Edree, managing director at Codere Online.
Codere Online was previously a subsidiary of Codere but spun off earlier this year. The company made its Nasdaq debut earlier this month after it merged with special purpose acquisition company DD3 Acquisition Corp II.
Meanwhile, Bplay is launching its online casino product at Bplay.bet.ar. Bplay is a collaboration between 888 and B-Gaming, which is owned by the Boldt Group, the operator of two casinos in Argentina.
Elsewhere, online gaming technology company Gaming Innovation Group (GiG) is powering Grupo Slots’ online casino and sportsbook launch, which is available on Jugadon.bet.ar.
GiG and Grupo Slots received approval for the launch in March this year, after GIG agreed to a deal with Grupo Slots in August 2020.
“I am excited to have gone live in the city of Buenos Aires with a prominent brand like Grupo Slots,” said Richard Brown, CEO of GiG.
“Buenos Aires is a dynamic market, set to be one of the largest within Argentina with significant growth potential in the interactive space driven by regulation and growth of a digital online gaming penetration.”
The City of Beaunos Aires’ gambling regulator Loteria de la Ciudad (LOTBA) outlined licensing criteria for online gaming licences in February 2020.
Argentina is currently regulating gambling on a state-by-state basis.
This week the Argentinian province of Córdoba proposed a bill that would allow online gaming in the region.
The province of Buenos Aires has also issued licences of its own for the vertical.
