Codere Gets First Approval to Run Online Gambling in Buenos Aires

Buenos Aires City Lottery (LOTBA), the gaming regulatory body in Buenos Aires, has approved the Program for the Implementation of the Online Game Platform presented by Codere.

This is the first step in an ongoing process for obtaining the license in this jurisdiction, Codere stated in a press release.

The proposal was developed by a multidisciplinary team, including its technology and online divisions, led by its local Argentinean team, and it was presented to LOTBA in May this year.

Bernado Chena, Codere’s regional manager for Latin America (excluding Mexico), described the approval as showing “the strength of the group, the quality of its offer and the viability of Codere’s online expansion project in Latin America.”

The next step will require Codere to start executing the strategy outlined in the proposal to ensure that its solutions are compliant with the city’s iGaming regulations.