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[BUSINESS] · Argentina · 3 sources

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Argentina gambling experts call for unified national regulatory framework

Argentina's online gambling industry has seen rapid growth, transitioning from a niche market to a highly profitable sector within five years. However, the current regulatory landscape remains fragmented, with responsibility divided among 24 separate provincial jurisdictions. This lack of a unified national framework creates inconsistencies in rules and oversight depending on a player's location.

Market analysis from Estafa.info suggests that implementing a national licensing system, similar to models in Brazil and Colombia, would simplify state control over advertising and fraud while providing better protection for players. Testing conducted by specialist Mariano Marante revealed a significant gap in platform reliability; of more than 30 sites tested that cater to the Argentine market, only 10 passed security and transparency checks.

Arguments against stricter regulation often cite the ‘prohibition’ fallacy, suggesting that tighter controls drive gambling underground. However, proponents of reform argue that the goal is not total prohibition, but rather stricter regulation of advertising, age limits, loss caps, and the disconnection of digital wallets from predatory lending to mitigate risks like addiction and financial ruin.