Bet365 has launched in Argentina gambling sector along with Betway. The launch came after when Argentina implemented legislation to regulate online gambling. Bet365 is the world’s largest online gambling company which has set its operation in several countries. It joined Pesteko, a local bingo hall operator in Argentina’s capital Buenos Aires. On the other hand, Betway has joined Bingo King to expand its gambling plans in the country.
The opportunity to move into Argentina’s territory is proving a good decision to global companies even though the country is earning 25% of gaming revenue tax. Argentina is about to open online gambling in all cities. But for now, it is only open in Buenos Aires. Argentina is not imposed by any federal casino gambling law. There is a hope that other provinces of the country would fall into online gambling and this is causing global gambling companies to keep eyes on Argentina gaming market.
According to Bet365 apuestas-es.com, bet365 attaches great importance to data security which is attracting many countries to enter their gaming market. The move of Bet365 and Betway to enter Argentina market came after when Willian Hill, London based bookmaker, joined Argen bingo.
A few years ago, sports betting in Argentina was barely available. Gamers in the country chose to offshore bookmakers for sports betting. In 2006, the country had opened a domestic online sportsbook Formoapuesta, but was closed due to licensing issues. The launch of bet365 in Argentina gaming market would bring sports betting in the country that would be beneficial for gamers and government as well.