Argentina set to ban gambling advertisements nationwide
Argentina, a country in the southern half of South America, will hold a debate on November 27, 2024, regarding a federal ban on all gambling advertisements and sponsorships.
The federal ban follows the recent decision of Buenos Aires’ Governor Jorge Macri, who banned new gambling licenses after reports showed that almost 34% of younger age groups in Buenos Aires had been engaged in gambling. The main points of the ban include banning gambling advertisements and sponsorships across both digital and traditional media, preventing betting company logos from appearing on sports matches, and restricting payment methods by banning credit card or social assistance funds usage for gambling.
The government opposition supports the idea of banning all advertisements related to the gambling industry, as the risks that come together with gambling practices can be seriously harmful to younger age groups. However, the ruling coalition favors a less positive approach, especially when it comes to sports sponsorships.
This debate will play an important role in shaping Argentina’s future approach to gambling regulation, with the goal of creating a legal framework to protect citizens from the harmful effects of gambling. If passed, the law would be a significant move in the country’s gambling policy to combat illegal gambling.