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Santa Fe Province sets bidding date for online sports betting licenses

Santa Fe will launch an international public tender on March 3 to award licenses for online sports betting, following the approval of a new regulatory framework

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Santa Fe Province sets bidding date for online sports betting licenses
Key Points
The tender allows for multiple licensees, with a minimum fee of 15% of monthly gross revenue and concession contracts lasting 10 years, extendable by two additional years
Online betting will be limited to sports and horse racing, while classic casino games and lottery products are explicitly excluded

Argentina's Santa Fe province will hold an international public tender on March 3 to award licenses for online sports betting operations, according to an announcement by the provincial government. 

Proposals can be submitted until March 2 to the Procurement and Asset Management Subsecretariat, with bids to be opened at noon on March 3 at the Government Administrative Center.

The tender follows the December approval of Law 14,427, which authorized Lotería de Santa Fe to regulate online gaming in the province. The bidding process marks the final step in establishing a framework designed to eliminate illegal gambling, ensure state oversight and generate tax revenue.

The tender structure allows for multiple licensees rather than a single operator. Each successful bidder will pay a minimum fee of 15% of monthly gross revenue. Concession contracts will last 10 years, with the possibility of a two-year extension at the government's discretion. Licensed operators will have 180 days to implement their platforms after the award.

Permitted betting activities include sports competitions authorized by the regulatory authority, such as soccer, basketball, tennis, rugby, volleyball, motorsports, boxing, martial arts, hockey, golf and cycling. Horse racing betting will also be allowed online, excluding races covered by official programs subject to specific regulations.

The framework explicitly prohibits online betting on classic casino games, including roulette, slots, traditional poker and bingo. Lottery games are also excluded from the online betting licenses.

Law 14,427 and its implementing regulations require operators to comply with responsible gaming policies, including self-exclusion mechanisms, betting limits and clear risk information. 

The rules also seek to prevent money laundering and ensure platforms are inaccessible to minors or individuals legally incapacitated by court order. The province will retain unrestricted access to gaming systems for oversight and verification purposes.

Good to know

Before the December reform, Santa Fe already authorized land-based sports betting and horse racing through Lotería de Santa Fe’s retail network, while online sports betting had not yet been permitted

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