{"id":162889,"date":"2021-01-29T14:19:22","date_gmt":"2021-01-29T22:19:22","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=162889"},"modified":"2021-01-29T15:17:05","modified_gmt":"2021-01-29T23:17:05","slug":"online-sports-betting-moves-ahead-in-argentinas-neuquen-province","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/online-sports-betting-moves-ahead-in-argentinas-neuquen-province\/","title":{"rendered":"Online Sports Betting Moves Ahead in Argentina\u2019s Neuquen Province"},"content":{"rendered":"

Argentina\u2019s Casino Magic online sportsbook will launch within a few months in the nation\u2019s Neuquen Province. The sportsbook will likely go live in Neuquen during the first four months of 2021.<\/p>\n

\"Like
Argentinian forward Lionel Messi runs up to take a penalty shot during a match between Brazil and Argentina in 2019. Soccer is very popular in Argentina, and at least one province will soon see online sports betting. (Image: Fayez Nureldine \/AFP<\/em> via Getty Images<\/em>)<\/figcaption><\/figure>\n

Eventually, the company wants to expand into other regions in Latin America. Eduardo Nanton, general manager of Casino Magic, revealed in a recent statement that the company has \u201cambitious plans.\u201d But he did not go into details.<\/strong><\/p>\n

Kambi Group will provide technology and services to Casino Magic over several years for the sports betting initiative.<\/p>\n

\u201cIt is a partnership with real promise, as we aim to realize the potential of regulated sports betting in Argentina,\u201d <\/strong>Kristian Nylen, CEO of the Kambi Group, said in a statement.<\/p>\n

Like in the US, Argentina regulates sports betting regionally. In the Latin American country, betting is overseen by provincial governments.<\/p>\n

In Neuquen Province, Casino Magic and Kambi worked on tailoring the technology \u201cto satisfy the compliance requirements\u201d in the region\u2019s regulated market, Nylen said.<\/p>\n

Growth Potential Seen in Argentinian Online Gaming<\/h2>\n

As of September, the total gambling market in Argentina was estimated to be worth $415 million, Gaming Innovation Group<\/a> said last year. Just 7 percent of the total market is from online operations, so there is significant growth potential in the online gaming sector, the company predicted in September.<\/p>\n

Specifically, in the city of Buenos Aires, tax revenue from the physical casinos collapsed when faced with impacts from the COVID-19 pandemic. Government officials hope that through online gaming, they will be able to bring in around US $5 million in tax revenue per year, Mark P. Jones, a political science fellow at Rice University\u2019s Baker Institute, told Casino.org<\/em> in September.<\/p>\n

\u201cThis is not a huge amount. But given the economic crisis facing Argentina, every little bit helps,\u201d<\/strong> Jones said last year.<\/p>\n

Online Gaming Taxes More Than Double<\/h2>\n

Late last year, Argentina\u2019s national government approved a higher tax rate for online gaming. Taxes on online gaming jumped from 2 to 5 percent, according to a report from SBC Americas<\/em>, a Latin American news organization.<\/p>\n

Other Latin American countries may also expand into online gaming. Those nations would make a decision based on gaming and revenue projections, Jones said.<\/p>\n

Betting on US baseball began expanding in the region. In July, Costa Rican sportsbook Betcris<\/a> secured a multi-year deal to become an official wagering partner for Major League Baseball in Latin America.<\/p>\n

It marks the first such agreement for MLB in a market that\u2019s critically important for the sport.<\/p>\n

As far as Argentina, soccer, known locally as football, or futbol<\/em> in Spanish, is popular, according to April Yoder, an associate professor of history at the University of New Haven.<\/p>\n

\u201cIt\u2019s their most popular sport and a lot of the best players end up in the big European leagues,\u201d<\/strong> Yoder told Casino.org<\/em>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Argentina\u2019s Casino Magic online sportsbook will launch within a few months in the nation\u2019s Neuquen Province. The sportsbook will likely go live in Neuquen during the first four months of 2021. Eventually, the company wants to expand into other regions in Latin America. Eduardo Nanton, general manager of Casino Magic, revealed in a recent statement […]<\/p>\n","protected":false},"author":44,"featured_media":162894,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[19,1074],"tags":[],"acf":[],"yoast_head":"\nOnline Sports Betting Moves Ahead in Argentina\u2019s Neuquen Province<\/title>\n<meta name=\"description\" content=\"Argentina\u2019s Casino Magic online sportsbook to launch in few months in Neuquen Province. Later, the company may expand elsewhere in region.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Online Sports Betting Moves Ahead in Argentina\u2019s Neuquen Province\" \/>\n<meta property=\"og:description\" content=\"Argentina\u2019s Casino Magic online sportsbook to launch in few months in Neuquen Province. Later, the company may expand elsewhere in region.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/online-sports-betting-moves-ahead-in-argentinas-neuquen-province\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-29T22:19:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-01-29T23:17:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/01\/lionel-messi-argentina-brazil.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ed Silverstein\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@casinoorgedsilv\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ed Silverstein\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/online-sports-betting-moves-ahead-in-argentinas-neuquen-province\/\",\"url\":\"https:\/\/www.casino.org\/news\/online-sports-betting-moves-ahead-in-argentinas-neuquen-province\/\",\"name\":\"Online Sports Betting Moves Ahead in Argentina\u2019s Neuquen Province\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/online-sports-betting-moves-ahead-in-argentinas-neuquen-province\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/online-sports-betting-moves-ahead-in-argentinas-neuquen-province\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/01\/lionel-messi-argentina-brazil.jpg\",\"datePublished\":\"2021-01-29T22:19:22+00:00\",\"dateModified\":\"2021-01-29T23:17:05+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/b3771b02527bcbda9af984b9b1ff098e\"},\"description\":\"Argentina\u2019s Casino Magic online sportsbook to launch in few months in Neuquen Province. Later, the company may expand elsewhere in region.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/online-sports-betting-moves-ahead-in-argentinas-neuquen-province\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/online-sports-betting-moves-ahead-in-argentinas-neuquen-province\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/online-sports-betting-moves-ahead-in-argentinas-neuquen-province\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/01\/lionel-messi-argentina-brazil.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/01\/lionel-messi-argentina-brazil.jpg\",\"width\":1200,\"height\":675,\"caption\":\"Argentina's forward Lionel Messi runs up to take a penalty during the friendly football match between Brazil and Argentina at the King Saud University stadium in the Saudi capital Riyadh on November 15, 2019. (Photo by Fayez Nureldine \/ AFP) (Photo by FAYEZ NURELDINE\/AFP via Getty Images)\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.casino.org\/news\/online-sports-betting-moves-ahead-in-argentinas-neuquen-province\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"News\",\"item\":\"https:\/\/www.casino.org\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"iGaming\",\"item\":\"https:\/\/www.casino.org\/news\/internet-gaming\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Online Sports Betting Moves Ahead in Argentina\u2019s Neuquen Province\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.casino.org\/news\/#website\",\"url\":\"https:\/\/www.casino.org\/news\/\",\"name\":\"Casino.org\",\"description\":\"Latest Casino and Gaming News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.casino.org\/news\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/b3771b02527bcbda9af984b9b1ff098e\",\"name\":\"Ed Silverstein\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-6-1-96x96.png\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-6-1-96x96.png\",\"caption\":\"Ed Silverstein\"},\"description\":\"Ed Silverstein is a senior reporter covering gambling law and crime news for Casino.org. Ed is an award-winning journalist with credits ranging from the Associated Press to American Lawyer Media. Ed joined the Casino.org news team in 2019 after decades of experience in legal reporting. His past reporting and editing assignments include Cowles Business Media, Columbia University Press, the Connecticut Post, and Southern Connecticut Newspapers, Inc. Besides the law and its application to the gaming industry, Ed\u2019s areas of expertise span business, politics, education, and state and local government. Ed holds an undergraduate degree from the University of Connecticut and master\u2019s degrees from Harvard and Yale. His professional awards include recognition from the New England Press Association and New England AP News Executives. Ed currently resides in Connecticut, where he enjoys photography and bowling in his spare time. Contact Ed at ed.silverstein@casino.org.\",\"sameAs\":[\"https:\/\/muckrack.com\/ed-silverstein\",\"https:\/\/x.com\/casinoorgedsilv\"],\"url\":\"https:\/\/www.casino.org\/news\/author\/ed-silverstein\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Online Sports Betting Moves Ahead in Argentina\u2019s Neuquen Province","description":"Argentina\u2019s Casino Magic online sportsbook to launch in few months in Neuquen Province. Later, the company may expand elsewhere in region.","robots":{"index":"noindex","follow":"follow"},"og_locale":"en_US","og_type":"article","og_title":"Online Sports Betting Moves Ahead in Argentina\u2019s Neuquen Province","og_description":"Argentina\u2019s Casino Magic online sportsbook to launch in few months in Neuquen Province. Later, the company may expand elsewhere in region.","og_url":"https:\/\/www.casino.org\/news\/online-sports-betting-moves-ahead-in-argentinas-neuquen-province\/","og_site_name":"Casino.org","article_publisher":"https:\/\/www.facebook.com\/Casino.OrgNews","article_published_time":"2021-01-29T22:19:22+00:00","article_modified_time":"2021-01-29T23:17:05+00:00","og_image":[{"width":1200,"height":675,"url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/01\/lionel-messi-argentina-brazil.jpg","type":"image\/jpeg"}],"author":"Ed Silverstein","twitter_card":"summary_large_image","twitter_creator":"@casinoorgedsilv","twitter_site":"@Casino_Org","twitter_misc":{"Written by":"Ed Silverstein","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.casino.org\/news\/online-sports-betting-moves-ahead-in-argentinas-neuquen-province\/","url":"https:\/\/www.casino.org\/news\/online-sports-betting-moves-ahead-in-argentinas-neuquen-province\/","name":"Online Sports Betting Moves Ahead in Argentina\u2019s Neuquen Province","isPartOf":{"@id":"https:\/\/www.casino.org\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.casino.org\/news\/online-sports-betting-moves-ahead-in-argentinas-neuquen-province\/#primaryimage"},"image":{"@id":"https:\/\/www.casino.org\/news\/online-sports-betting-moves-ahead-in-argentinas-neuquen-province\/#primaryimage"},"thumbnailUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/01\/lionel-messi-argentina-brazil.jpg","datePublished":"2021-01-29T22:19:22+00:00","dateModified":"2021-01-29T23:17:05+00:00","author":{"@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/b3771b02527bcbda9af984b9b1ff098e"},"description":"Argentina\u2019s Casino Magic online sportsbook to launch in few months in Neuquen Province. Later, the company may expand elsewhere in region.","breadcrumb":{"@id":"https:\/\/www.casino.org\/news\/online-sports-betting-moves-ahead-in-argentinas-neuquen-province\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.casino.org\/news\/online-sports-betting-moves-ahead-in-argentinas-neuquen-province\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/online-sports-betting-moves-ahead-in-argentinas-neuquen-province\/#primaryimage","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/01\/lionel-messi-argentina-brazil.jpg","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/01\/lionel-messi-argentina-brazil.jpg","width":1200,"height":675,"caption":"Argentina's forward Lionel Messi runs up to take a penalty during the friendly football match between Brazil and Argentina at the King Saud University stadium in the Saudi capital Riyadh on November 15, 2019. (Photo by Fayez Nureldine \/ AFP) (Photo by FAYEZ NURELDINE\/AFP via Getty Images)"},{"@type":"BreadcrumbList","@id":"https:\/\/www.casino.org\/news\/online-sports-betting-moves-ahead-in-argentinas-neuquen-province\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"News","item":"https:\/\/www.casino.org\/news\/"},{"@type":"ListItem","position":2,"name":"iGaming","item":"https:\/\/www.casino.org\/news\/internet-gaming\/"},{"@type":"ListItem","position":3,"name":"Online Sports Betting Moves Ahead in Argentina\u2019s Neuquen Province"}]},{"@type":"WebSite","@id":"https:\/\/www.casino.org\/news\/#website","url":"https:\/\/www.casino.org\/news\/","name":"Casino.org","description":"Latest Casino and Gaming News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.casino.org\/news\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/b3771b02527bcbda9af984b9b1ff098e","name":"Ed Silverstein","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-6-1-96x96.png","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-6-1-96x96.png","caption":"Ed Silverstein"},"description":"Ed Silverstein is a senior reporter covering gambling law and crime news for Casino.org. Ed is an award-winning journalist with credits ranging from the Associated Press to American Lawyer Media. Ed joined the Casino.org news team in 2019 after decades of experience in legal reporting. His past reporting and editing assignments include Cowles Business Media, Columbia University Press, the Connecticut Post, and Southern Connecticut Newspapers, Inc. Besides the law and its application to the gaming industry, Ed\u2019s areas of expertise span business, politics, education, and state and local government. Ed holds an undergraduate degree from the University of Connecticut and master\u2019s degrees from Harvard and Yale. His professional awards include recognition from the New England Press Association and New England AP News Executives. Ed currently resides in Connecticut, where he enjoys photography and bowling in his spare time. Contact Ed at ed.silverstein@casino.org.","sameAs":["https:\/\/muckrack.com\/ed-silverstein","https:\/\/x.com\/casinoorgedsilv"],"url":"https:\/\/www.casino.org\/news\/author\/ed-silverstein\/"}]}},"_links":{"self":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/162889"}],"collection":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/comments?post=162889"}],"version-history":[{"count":0,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/162889\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media\/162894"}],"wp:attachment":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media?parent=162889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/categories?post=162889"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/tags?post=162889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}