The tender for a concession to exploit online betting in the province of Córdoba begins, and this leads to battle for Argentina betting market.
The betting market is truly a global phenomenon. It is lucrative and large, with new opportunities arising every day and new betting markets born in every corner of the world.
Bettors have endless possibilities regarding what they can bet on, and this variety is one of the things that makes the betting market so exciting.
Whether you’re into sports, politics, entertainment, or anything else, there’s a good chance you can find a betting market for it.
In recent years, the betting industry has boomed. Technological advances allow bookmakers to reach a wider audience than ever before.
This has led to increased interest in betting, with more and more people becoming involved in the industry.
For bookies, this is a great time to be in business. The profit potential is enormous, and there are plenty of opportunities to grow and expand your operation.
The Betting Market in Argentina
An example of how attractive and competitive the betting market is is what is happening in Argentina.
On Friday, August 5, the “Number 1” envelopes of the process were opened, and offers from a dozen competitors were made known, resulting in the occupation of the ten disputed places.
According to what was reported by the newspaper La Voz del Interior, from Córdoba, the businessman Daniel Angelici would be the one who heads one of the local groups which presented itself to the bidding process associated with the American Rush Street Interactive.
For their part, the authorities of Casino de Victoria appeared together with the Swedish Betsson, reaffirming a duo that already operates in the province of Buenos Aires and the Autonomous City of Buenos Aires.
The Córdoba Entertainment and Tourism Company (CET), associated with Daruma Sam, a company that operates bets in Paraguay, also presented an offer.
Betway Group, in alliance with Picaperto Online, also presented an offer.
Skill On Net and Slots Machines also participated, as well as some other local capital companies not associated with international brands.
This is only the first part of the process, and the “Number 2” tender envelopes will be opened on August 19.
After the opening of the envelopes, the proposals will be analyzed, and pre-awarding will proceed on September 2, although there will be time for challenges until September 16.
The contract will be signed on October 11, and the entry into force of the concession will take place on October 18.
A tight market
The Argentine betting market is lucrative, and as a result, companies are fighting for a license to operate there. The market is tightly regulated, however, so companies need to meet stringent requirements to be granted a license.
Even though there are regulations in Argentina, many bettors turn to offshore betting sites because they usually offer broader catalogs and better odds.
Bettors in Argentina often find that the sites available to them through the government are limited, and the odds are not as good as those available online.
Additionally, some bettors feel that the government sites are not as trustworthy as the offshore sites.
Argentines have a love affair with gambling, and this is evidenced by the fact that they use offshore betting sites at a much higher rate than any other country.
This offers an excellent opportunity for Pay Per Head bookies, who can offer their services to these bettors and capture some of the business.
A global betting business
Bookmakers offering pay-per-head services should aspire to have a global betting business. By covering as many markets as possible, they can create a much more lucrative and successful business.
Additionally, bookmakers can increase their profits by catering to a worldwide audience while providing a better product for their customers.
For a successful betting business with a global reach, it is necessary to have the help of a competent Pay Per Head partner.
A quality Pay Per Head provider will provide you with all the tools and platforms you need to run your business efficiently and profitably.
One such provider is VIP Per Head, which offers a wide range of features and services that are essential for any successful betting operation.
In today’s day and age, there are a plethora of opportunities to make money.
One such opportunity is starting and running a successful betting business.
Take advantage of the beginning of the battle for the betting market in Argentina to create your own business with a VIP service.
With VIP Per Head’s robust infrastructure, it is possible to do just that from anywhere in the world.
The company provides its clients with an easy-to-use platform, top-notch customer service, and a wide range of betting options.