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Buenos Aires casinos want to stop online gambling

Buenos Aires casinos want to stop online gambling
This is not the first time that the case has gained notoriety, previously the proposal had already been rejected by prosecutor Miguel Ángel Gilligan.
by Academia   |   comments 0
Tuesday, May 12 2020

Argentina's scenario remains turbulent in relation to gambling. Operators of two casinos in Buenos Aires have sought Federal Justice to discontinue online gambling licenses.

According to Manuel Lao, current owner of the Cirsa subsidiary, which currently operates in the Puerto Madero Casino in Argentina, together with Federico de Achával and Ricardo Benidicto - current casino operators in the Argentine Hipodromo de Palermo - filed a lawsuit against the local regulatory agency LOTBA seeking to prevent virtual games of chance.

Enrique Lavié Pico, the current federal judge, announced last week the approval of the request and gave permission for the legal system to continue studying the current case. LOTBA has been receiving proposals from several online operators that aim to enter the Buenos Aires market, and this can only be prevented by the judge.

This is not the first time that the case has gained notoriety, previously the proposal had already been rejected by prosecutor Miguel Ángel Gilligan together with a judge, who prevented the justice system from starting the current case. The decision now rests with Lavié Pico to accept whether this is valid or not for the country's scenario.

In the bidding process, physical casino operators were excluded, as the regulation does not allow them to apply for a license, alleging their due lack of income, as online gambling would be the biggest competition for physical sectors.

The Association of the Personnel of Racetracks, Agencies, Gambling and Related (APHARA) reported in April that the online gambling industry risks thousands of physical jobs altogether. The head of the association, Diego Quiroga said that online games represent "serious occupational risks".