Córdoba, Argentina’s second most-populous province, has opened its tender process for 10 online gambling licences.
Participants will bid for one of 10 online gambling licences on offer, with each lasting 15 years.
All bidders must provide their “legal documentation, legal capacity [and] history of technical and economic/financial capacity” to operate online gaming, as well as their offer for a licence fee.
Operators will have until 5 July to submit bids, with plans for licences to come into effect from 14 September.
The licence will allow an operator to offer online casino games and betting on sports, horse racing and certain non-sporting events. Each vertical will be subject to a 10% gross gaming revenue tax rate.
Córdoba – which is home to 3.3 million people – passed a bill to legalise online gambling in January, after it was introduced at the end of 2021. The original version of the bill only allowed for five licences, before this was expanded to 10.
Argentina allows for gambling to be regulated on a province-by-province basis.
The province of Buenos Aires awarded licences to seven operators last year, while online gambling in the city of Buenos Aires officially launched in December 2021.