How controlled is the expansion of online casinos in Latin America?

The proliferation and rise of online casinos in Latin America is an irrefutable fact. Countries like Argentina have a clear rise thanks to the many advantages of playing online. An activity that can be accessed from anywhere and at any time, without the need to travel.

The proliferation and rise of online casinos in Latin America is an irrefutable fact. Image: screenshot
The proliferation and rise of online casinos in Latin America is an irrefutable fact. Image: screenshot

These are exploited by an increasingly large audience with different profiles. In this sense, if before casino gambling was of interest for a minority, online casino gambling, such as JackpotCity Casino, has opened the doors to all kinds of people.

The increase in the number of users has turned these online casino games into an interesting source of income for the economy of several Latin American countries. Another determining factor has been the regulations approved by the governments of these countries. This has meant that different international operators have been interested in the Latin American market.

In this context, a large number of Latin American countries have opted to remain on the sidelines of establishing new legislation for online casinos. In this way, they have preferred to include a series of conditions to the regulation already established in on-site casinos.

Consequently, only operators domiciled in these countries are regularized. On the other hand, international online gambling casinos, whose headquarters are located in other countries, are exempt from compliance with this regulation.

In Argentina, specifically in the city of Buenos Aires, the legalization of various online gaming licenses has been paralyzed. This decision has been postponed due to the results of the first elections, which reflect more than a probable political change. Therefore, everything related to licenses and possible modifications in the regulation of the game remains in the hands of the future governing party.

In this way, the political turn that the country is supposed to undergo will directly affect Argentine users. In this regard, it should be noted that this possible new government has shown a greater interest in solving problems of another nature, leaving aside the gambling licenses, as well as the regulation of the latter.

However, thanks to international operators based outside the Argentine state, it will be possible for millions of users to continue using these platforms to play online casino games.

Similarly, in relation to the rise of online gaming platforms, a determining factor in the increase in users has been the evolution experienced by this sector. Virtual reality, croupiers and live chat have notably improved the user experience, a fact that has led to a real expansion of online gambling.

Source Zona Norte Vision

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