The Argentine province of Corrientes has approved through Resolution No. 0615-I the statutes that will regulate online gambling, including sports betting, horse racing, virtual games, online casino games, live casino and bingo.
The Institute of Lottery and Casinos (ILCC) will be in charge of supervising that operators follow the Basic Regulations for Gaming and Betting.
The resolution, dated December 3, 2020, but published and signed by Auditor Leandro Enrique Alciati in the Official Gazette of Corrientes on March 3, sets that if an international operator is interested in obtaining a license, it must be subject to a Temporary Union of Companies (UTE) with a national company.
They will also have to prove through documents and reports that they have the technical, economic and financial solvency to operate online gambling in Corrientes.
Furthermore, the resolution establishes that relatives to ILCC’s officials and people convicted or suspected of money laundering won’t be able to apply for a license.
Additionally, licensees must “develop the activity in Corrientes”, as well as “establish an address” in the province, demonstrate on the website that they have a ILCC license, and “collaborate with the State to detect and eradicate illegal gambling, fraud and crime” among other things.
In regards to advertising, the ILCC will be in charge of authorizing requests to promote games. The Institute will also control whether the companies comply with certain requirements, like not targeting minors or the messages being misleading.
“Online gambling will be approached from a comprehensive policy of social responsibility that considers gambling as a complex phenomenon, combining preventive actions and good practices,” the regulations say.
The ILCC also stipulates that operators will need to enable a setting to allow players to limit themselves, request their temporary or permanent exclusion or set a time restriction, as well as a complaints channel to receive information about potential threats, and more. The ILCC, on the other hand, “will be in charge of the Self-Exclusion Registry in an electronic format,” which will be linked to the players’ registry.