DistantNews
Support us
🇦🇷 Argentina /Economy & Trade

Axel Kicillof's government to withhold 2% from online betting prizes

From La Nación · () Spanish

Translated from Spanish and summarized by DistantNews. Read the original for the full story.

At a glance

News Official statement New plan
  • Buenos Aires province will begin applying a 2% levy to prizes from instant-result online betting games under Resolution 1149/26.
  • Officials said the measure implements a contribution authorized by a 2018 law, with proceeds going to health, education, social development and programs addressing gambling addiction.
  • The levy will cover the online games offered by seven licensed operators in the province, while betting companies will pay it as substitute taxpayers on behalf of players.

Buenos Aires province is moving to collect 2% from prizes won in online instant-result betting games, popularly known as slots. The measure brings into effect a contribution that provincial law had already authorized.

Government Minister Carlos Bianco announced the decision alongside Gonzalo Atanasof, president of the Provincial Institute of Lotteries and Casinos. Resolution 1149/26, signed on Sept. 1, formalizes the levy within the Fund for Progress and Social Inclusion, known as FOPIS.

Bianco said the contribution had been provided for under Law 15.079, passed by the provincial legislature in December 2018. Articles 137 to 141 set a contribution ranging from 1% to 3% on prizes from instant-result games. The new measure applies a 2% rate to all prizes generated through successive bets in those games.

The contribution was already provided for by Law 15.079 of 2018 and is now being implemented for instant-result games in Buenos Aires province.

· Carlos BiancoThe Buenos Aires government minister explained the legal basis for the new levy.

The minister said the revenue would fund health, education and social-development programs. He also said it would help maintain initiatives led by the Interministerial Committee for Addressing Gambling Addiction. Bianco later repeated the announcement on X, describing the levy as a contribution already established in law.

Seven companies currently hold concessions to operate online gambling in the province: Bet63, Betano, Betsson, BetWarrior, BPlay, Sport.bet.ar and Stake. The new rate will apply to the instant-result games offered by those platforms. Under the 2018 law, bettors are the parties subject to the contribution, but the companies or bodies operating the games must remit it as substitute taxpayers. The law also directs part of the money to Buenos Aires municipalities, with the remainder entering FOPIS.

We will begin implementing a 2% levy on online slot games. It is a contribution provided for in an existing law, and its collection will go to health, education and social-development programs.

· Carlos BiancoBianco restated the measure in a post on X.
About this summary

Originally published by La Nación in Spanish. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

More Stories

From Our Blog