Buenos Aires opens global betting on provincial horseraces

The Province of Buenos Aires has authorized a new commercial framework allowing local racetracks to export live racing signals and accept bets from international markets.

The initiative establishes the regulatory basis for commingling, a system that pools wagers placed locally with those from abroad into a single global betting pot.

Gonzalo Atanasof, President of the Provincial Institute of Lottery and Casinos (IPLyC), signed the resolution approving the model contract for racetracks to implement the new mechanism. Under this structure, each venue in the province will be able to sign specific agreements with international partners to distribute their signal and handle cross-border wagering.

Atanasof said: "This implementation is the result of sustained work by the provincial government, led by Axel Kicillof, Carlos Bianco and Santiago Pérez Teruel, together with the technical team of the Institute, to strengthen an activity that represents tradition, culture and employment.

"Since we arrived at this Institute, different stakeholders in the horse racing sector raised this demand, and today we are providing an effective solution, opening new opportunities for everyone involved in the industry."

The new framework is expected to expand the bettor base and increase competitiveness within the provincial racing sector, supporting economic sustainability across the industry's value chain.

Commingling is widely used in major horse racing jurisdictions including the United States, France, Italy, Sweden, Japan, Australia, Ireland and the United Kingdom. Its adoption in Argentina marks a step toward the global integration of betting markets and the modernization of the provincial wagering infrastructure.

The resolution forms part of Buenos Aires' broader effort to strengthen and introduce an enhanced aspect of internationalization to its racing industry, combining regulatory innovation with the preservation of a long-standing cultural and economic activity.