Stake said it has launched in Argentina's Buenos Aires Province through stake.bet.ar under a licence granted by the Provincial Institute of Lottery and Casinos. Stake described the entry as an expansion of its Latin American presence; its LatAm general manager called Argentina an important market for the operator.
The licensed launch gives Stake access to Argentina’s Buenos Aires Province market.
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Buenos Aires Province governor Axel Kicillof criticised online betting platforms during a political event in Avellaneda, according to a media report. He announced no immediate ban or changes to existing licences. The report said the province had recently introduced a 2% withholding on prizes from instant-resolution games, with monthly receipts projected at ARS35bn to ARS40bn; players bear the withholding, while platforms remit it as substitute taxpayers.
Buenos Aires province’s Senate approved a bill requiring authorised bingo and casino operators to pay employees through Banco Provincia. The measure also changes provisions covering online gambling and allows workers with peso savings accounts to request conversion to salary accounts, according to the report.
The Buenos Aires provincial government established the Bahía Bristol Coordination Unit under Decree 1516/2026 to coordinate public bodies working at the Mar del Plata complex, which includes Casino Central. The unit will sit within the Ministry of Government and include the IPLyC on a seven-body advisory commission; the source also cites a public works investment of ARS 23,000 million.
Under Buenos Aires province Law 11.536, the provincial lottery institute receives 62% of casino rooms’ gross profit and the municipality hosting a casino receives 2%, according to the report. Necochea has sold key parcels of its casino complex to A Toda Vela Mar for ARS 4,878 million; a private development could include a new gaming room, but reopening remains conditional.
Buenos Aires province will withhold 2% from winnings on online instant-resolution games, Government Minister Carlos Bianco said. The measure covers seven licensed platforms, which must file weekly declarations; the province estimates monthly receipts of ARS 35bn to ARS 40bn. The provincial government said proceeds will support health, education, social development and gambling-harm prevention programmes.