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Argentina – Bill introduced to ban cash play in Buenos Aires

By - 7 May 2014

Deputy Juan Carlos Juárez (GEN-FAP Party) has introduced a bill into in the Buenos Aires Legislature which would prohibit cash betting throughout the province.

The bill would make it obligatory for all slot machine parlours, casinos and lottery outlets to put the technology in place which would allow the player to make their bet: “via debit cards, credit cards and other forms of electronic payment.” In addition to imposing daily betting limits the legislative initiative would also ensure that all prizes would be deposited into bank accounts directly and “under no circumstances shall be made in cash.”

The legislator has also called on the Provincial Institute of Lotteries and Casinos to adapt its computer systems so that each player is identified and placed on a database. The new bill is designed to prevent tax evasion.

“The use of debit card as a way of payment for gambling would not be a nuisance for the majority of the population, since according to Law 26,590 payment of wages is made by a deposit in a bank account tied to a debit card,” said the deputy.
“The payment of wages and tax obligations through the banking is a policy that is gradually spreading to other economic activities and it is even more justified when it comes to gambling,” he said.

The announcement is the latest in a number of moves to increase government control over the industry. In 2013 the Argentine tax office Administración de Ingresos Públicos (AFIP) announced steps to more closely regulate the gaming industry after passing Resolution 3510 which gave the tax office more scope when it comes to fiscal control over gaming. The resolution allowed the tax office to create a registry of gaming operations and gave it wider powers when it comes to investigating revenue made by gaming operations nationwide. However the database has yet to be set up as it continues to develop computer systems in order to ensure that a new “Registry of Gaming Operators” is viable and up to date.

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