Gambling in Argentina is a bit of a national pastime. Horse racing has a very long history in this South American country and pari-mutuel horse race betting was one of the earliest forms of wagering there. The various lotteries are also very popular as are casinos. More recently, internet gambling has flourished in Argentina since the industry took off in the 1990s.  It’s estimated that gambling brings in over $4 billion annually and that number is growing. The government sees a lot of tax revenue from gambling and there is a relaxed approach to betting. Currently, regulations fall under provincial jurisdiction and are therefore different depending on where you are. This is a factor that makes it difficult for online sports betting companies to operate here. The government has shown signs that they may put a federal authority in place but nothing has been done yet.

Top 10 Gambling Sites for Argentina

Rank

Gambling Site

Bonus

Bonus Code

Rating

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1
100% up to 500 EUR + 200 Free Spins
Bonus code
Not required
Rating 9.99 out of 10
2
100% up to 300 EUR
Bonus code
Not required
Rating 9.91 out of 10
3
N/A
Bonus code
Not required
Rating 9.89 out of 10
4
N/A
Bonus code
Not required
Rating 9.83 out of 10
5
N/A
Bonus code
Not required
Rating 9.77 out of 10
6
100% up to 500 EUR
Bonus code
Not required
Rating 9.71 out of 10
7
122% up to 300 EUR
Bonus code
Not required
Rating 9.7 out of 10
8
N/A
Bonus code
Not required
Rating 9.7 out of 10
9
N/A
Bonus code
Not required
Rating 9.6 out of 10
10
100% up to 5 BTC
Bonus code
Not required
Rating 9.3 out of 10

What are the Best Argentinean Gambling Sites and Promotions?

Due to the lack of any streamlined regulations in Argentina, only a small number of licensed online wagering sites operate there. However, there are many very safe betting sites that service Argentina’s growing number of internet bettors. UnibetBetclic, and the always prominent William Hill offer a safe and reliable wagering experience to their customers. Don’t forget that these bookmakers also offer some great bonuses. Argentinean customers who sign up at Betmotion can claim up to $50 USD in bonuses. Take a look at Gamblingjudge’s sortable sportsbook database for the best sportsbooks and bonus that are available for Argentinean customers.

How Regulated is Argentina’s Gambling Market?

There are several gambling jurisdictions within the country and they all have different rules. In short, the regulatory atmosphere is quite disjointed. Rules that apply in one area don’t apply to the next. Some regions allow gambling companies to take bets from punters in other regions and some don’t.  This lack of consistency has led to a couple of high-profile license revocationsBwin obtained a license in the Misiones jurisdiction but they took on customers that were outside of the region which led to the revocation. Argentina is definitely in need of updating their gambling laws. Until they do, there will continue to be many gray areas and internet betting companies will remain hesitant to base operations there. In the meantime, punters appear to be able to bet with any number of reputable offshore sites that are unlicensed in Argentina without much fear of reprisal.

Is Gambling Legal in Argentina? What is the Legal Age?

Gambling is legal in this country and it is a very lucrative industry. Argentina boasts the most casinos of any Central or South American country and punters will spend an estimated $15 billion on gambling in 2016. Gambling is a major source of tax revenues and the government wants to keep the seemingly endless stream of money flowing. The legal age for placing a bet is 18.

With that said, the legality of betting online is a gray area. Each of Argentina’s 24 gambling jurisdictions have their own regulations concerning internet gambling. This creates a great deal of confusion. Residents are prohibited from betting with sites that are not licensed in Argentina but this ban has proven near impossible to enforce.

Does Argentina Tax Gambling Winnings?

Argentina does not currently tax gambling winnings. However, they do tax betting companies within their borders. Gambling taxes are a major source of government income.

What Currencies and Payment Methods do Argentinean Players Generally Use?

The Argentine Peso is the country’s currency and many sportsbooks that cater to Argentinean customers have it as an option. As far as payment options go, debit and credit cards are the most widely used options. Lobanet is a very popular medium by which to transfer money in South America and the use of Click2Pay, Entropay and wire transfers are also commonly accepted methods.  Most betting sites will accept Safecard, Ukash, Astropay, Skrill, and Moneybookers. With the betting site’s increased efforts to make payments easier, new methods such as Bitcoin are yet another way to do financial transactions with online betting companies.

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