A trio of operators have joined the bidding process to acquire one of Buenos Aires’ seven provincial igaming licences, with the registration process set to be concluded tomorrow.
As it stands, there are 15 operators currently competing for a licence, with Betsson, 888 via its Cassava Enterprises subsidiary and Italy’s Sisal Entertainment the latest to join the race. The trio have all secured local partners in the hope of gaining one of the licences.
Betsson has secured a partnership with land-based Casino de Victoria, while 888 is teaming up with Boldt. Sisal has formed an alliance with two local businesses, Areltown and El Chalero.
Prospective licensees will look at gaining an operational licence which encompasses all product verticals. Those that are successful will pay an AR$65m ($1.5m) licence fee, and then an additional 25 per cent tax on gross gaming revenue.
In the running for a licence, The Stars Group has brokered a deal with Atlantica de Juegos, while William Hill has secured a partnership with ArgenBingo, and Flutter Entertainment with Bingo Pilar.
Spanish operator Luckia has a deal with Emprendimientos Crown and BetCris with Impresora Internacional de Valores. Just two local brands, Biyemas and Slots Machines, have applied for a licence without an international partner.