Buenos Aires introduces 2% levy on specified online gambling winnings
By The Weekly Edge desk ·
Summary
Buenos Aires province will introduce a 2% levy on winnings from successive bets in instant-resolution online games, Focus Gaming News reported. The measure covers seven licensed operators and requires weekly declarations of deductions. Government minister Carlos Bianco said it would generate AR$35,000m–AR$40,000m monthly for health, education and social programmes.
Why it matters
Seven licensed operators face weekly declarations of deductions under Buenos Aires province’s levy on specified online gambling winnings.