Argentina's online betting tax revenue jumps nearly 30% in July, boosted by World Cup

Argentina's tax agency, ARCA, collected around $17.8 billion in July from taxes on online betting and gambling, marking a substantial 27.8% real increase from the previous month. This upward trend is expected to continue. The figures, shared by consultancy Analytica, also show a 50.5% year-on-year increase, with a 40% cumulative rise in the first seven months of the year.

Claudio Caprarulo, director at Analytica, described the monthly jump as the highest on record. He suggested the World Cup, held in July, likely spurred more people to bet online. However, Caprarulo also noted that the revenue trend was already increasing before the tournament, driven by factors like the digital ecosystem's growth, greater advertising, and economic needs.

Official ARCA data reveals that July's collection was $17.798 billion, a significant rise from the $8.948 billion collected in July of the previous year. Year-to-date, the total stands at $89.627 billion, nearly double the $48.079 billion from the same period last year. This tax, established in late 2016, applies a general 5% rate on net deposits made by bettors on digital platforms.

In November 2025, the government updated the tax collection regime for online betting. New rules were introduced for authorized digital operators to improve registration, control, and the application of tax rates, aiming for greater predictability and enhanced fiscal oversight, particularly for offshore platforms. The article also highlights a massive surge in online searches for betting platforms during the World Cup final, indicating a significant market phenomenon during the tournament.