Argentina sprints for online gambling regulation
The announcement by the Argentinian Presidential Cabinet Chief Anibal Fernandez recently that Argentina was about to switch to a more sensible regulatory strategy for online gambling has been followed by further information that the legislation has been approved.
Generating urgency in the surprisingly fast process is the fact that the government has taken over the broadcast rights for the Asociacion del Futbol Argentino – the country’s football governing body – for around $154 million in a bid to save many of the clubs facing bankruptcy and financial ruin.
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