The scale of Argentina's gambling industry

Brief conclusion

Argentina is one of the largest gambling markets in Latin America: about 90 land-based casinos, ~ 550 slot halls and about 90,000 gaming machines in the country. The online segment has already exceeded $1.39 billion in revenue in 2024 and, according to industry research, will continue to grow over 9% per year. The regulatory model remains provincial (24 jurisdictions), with leading regional budgets already receiving tens of millions of dollars from the industry.

Market picture: offline + online

Terrestrial network. The country has an estimated ~ 550 slot halls and ~ 90 casinos; fleet - ~ 90,000 devices. This highlights the historically strong offline infrastructure and the connection of casinos with hotels and tourism.

Online segment. According to industry reports, Argentina's online gambling market is $1.39 billion in 2024, with growth forecast to $1.57 billion in 2025 and $1.72 billion in 2026 (including thanks to the development of online casinos and sports betting). Separate reviews give similar trajectories to $1.93 billion by 2028.

The whole industry. Aggregate market estimates (offline + online) put Argentina in the $6 + billion range in 2025 with moderate medium-term growth. This correlates with the scale of the terrestrial network and the dynamics of online.

Regulatory model: "24 mini-markets"

Argentina is a federation where each of the 23 provinces and the autonomous city of Buenos Aires (CABA) regulate gambling independently; at the federal level, there is no single "common" law for online. Competence in games is undelegated and remains with the regions, which is why the rules, taxes and permissible verticals differ.

Taxes and fees on the example of large jurisdictions. Market reports indicate different rates for gross gaming income (GGR), including benchmarks of 10% GGR in CABA and up to 25% in the province of Buenos Aires (depending on the vertical and local norm). The specific rate and fees for online are determined by the decision of the jurisdiction regulator.

What the budget gets: Buenos Aires Province Case (PBA)

The main market of the country in terms of population and turnover is the province of Buenos Aires. According to official reports and industry media, in the first half of 2024 alone, transfers from gambling activities in favor of departments and municipalities exceeded $95-96 million (USD), formed from a network ~ 4,350 official agencies, 45 bingo halls, 10 casinos, 5 racetracks and 6 online platforms.

Growth points: why the online market is "pulling"

1. Regional launches online. Since the 2020s, a number of jurisdictions (including PBA and CABA) have opened online markets - first betting and casinos, then expanding verticals. This created a "mosaic" of licenses and accelerated the growth of Internet revenue.

2. Broad digital base. Internet penetration ~ 87% and high audience mobility support sustainable demand for. bet. ar-platforms.

3. Provider and content pool. The largest showcases feature top live and slot brands, aligning the user experience with leading markets. (See iGB LatAm and G3. profile reports for detailed regulatory and market overview)

Tourism and offline infrastructure

Casinos in Argentina are closely tied to tourist areas and hotels; industry reports describe the restoration of tourist flow and the role of casino entertainment in the overall hospitality ecosystem. This explains why, even with the active growth of online, the offline sector remains significant in employment and the local economy.

What it means for stakeholders

Operators and suppliers.

Plan jurisdictionally: conditions, GGR rates and allowable verticals vary; scaling is "mosaic."

Focus on sustainable online growth ($1.39 → $1.57 → $1.72 billion on the 2024-2026 axis), but consider local advertising and RG requirements.

Regional authorities.

The PBA example shows that transparent licenses + payment control give the budget tens of millions of dollars even on the horizon of half a year.

Players.

Choose legal sites with a domain. bet. ar and indication of the regulator (LOTBA - CABA; IPLyC - Buenos Aires Province; etc.). This reduces risks and guarantees access to responsible play mechanisms.

Outlook 2025-2027

The baseline scenario is moderate offline growth and accelerated online growth as new provinces are connected and the product line deepens (.bet. ar). At the same time, the fragmentation of norms will continue: the unification of "minimum standards" (responsible play, advertising) is being discussed, but the key powers will remain with the provinces.

Key numbers (in one place)

~ 90 casinos, ~ 550 slot halls, ~ 90,000 devices (country estimates).

Online market: ~ $1.39 billion (2024) → $1.57 billion (2025) → $1.72 billion (2026).

PBA transfers: $95-96 million for the first half of 2024; network: 4,350 agencies, 45 bingo, 10 casinos, 5 racetracks, 6 online platforms.

Relevance of sources: checked on October 12, 2025 (Europe/Kyiv).