BWIN ARGENTINA HAS LICENCE REVOKED
19th November, 2012 at 15:05:50
Another spoke in the wheel as bwin applies for Nevada approval
The Provincial Institute of Lottery and Casinos ( IPLyC ) of Misiones, one of the 23 provinces of Argentina, has reportedly revoked bwin Argentina S.A. 's licence to operate due to "breach of contract" and informed players in a notification on its website that any further wagers on bwin.com.ar will be considered illegal gaming.
Apparently that of Mil Jugadas SRL was revoked for the same reason. Mil Jugadas SRL is an online sportsbook that additionally offers casino games, live dealer games
, and live/in-play betting using GamesOS (CTXM), Net Entertainment, Offsidegaming, and Vivo Gaming software.
Eduardo Torres of IPLyC said the licences were revoked due to a failure on the operators part to "mirror" all play on an IPLyC server for monitoring purposes and that neither of the entities had complied before and after the matter had been communicated to them.
"... what was replicated wasn't clear, was not well understood, the numbers did not balance, there were chances that some bets went directly to their European central system and did not pass through our system. They were given the necessary time to bring explanations and, as they have not given satisfactory answers, the licence was withdrawn, said Torres.
Torres added: The company did not comply; the only province that has licenses for Internet games is Misiones. And today, the fact that online communication technology is not recognized for this kind of games make many players able to gamble without having the corresponding social responsibility. That bettors are the proper age, that they have the security of receiving their winnings and basically that the state receives taxes for the bets."
This is the second setback experienced by bwin Argentina, the first was in August of this year when an Argentinean Federal Court ordered the firm to cease providing services to states outside of the state of Misiones following legal action initiated by Argentina's Loteria Nacional's sports betting monopoly. The Court set a precedent by upholding the Loteria Nacional's position and awarded costs to the defendants.
Both websites appear to be operating as usual and both carry the IPLyC licencing logo, which was reportedly ordered to be withdrawn from the websites but remains.
Related News Tags: Bwin, Ctxm, Lotteries, Net Entertainment, South America