The Argentine peso is hardly the most stable currency globally, and it has long been associated with devaluation. This culminated in a 25% inflation rate in 2017. However, for Argentine players, the peso is home and unquestionably the currency they want to go for when betting online to avoid exchange fees. That said, international players will not see much value in wagering with ARS at internet casinos.
Despite this, there are online casinos out there where you can expect to wager with pesos. You just need to know where to look, and this is where we come in. You can use our guide to rapidly hunt down those Argentine pesos casinos accepting players in your country. Each of our recommended ARS online casinos also accepts payment methods that work well with pesos. Below, you can find a snippet and sample of some of our top sites.
As the eighth-largest country (officially) in the world and the second-largest economy in South America, it is only natural that Argentina has one of the most profitable gambling markets. Indeed, it is worth $15 billion, give or take. However, Argentine gambling laws remain forever in flux, and this coupled with an unstable currency does not make for great entertainment.
Issued by the nation’s Central Bank of the Argentine Republic, the peso lacks lower value centavos like sister currencies, as these were discontinued due to inflation. The Argentine peso is only accepted in Argentina. Even countries like Zimbabwe – who are known for adopting many unofficial currencies – do not want to touch the peso.
Officially, Argentina has a fast and loose approach to online gambling. Some forms of online gambling are licensed and regulated, and others are not. Officially, the state lotto was the only form of federally regulated option, spanning all provinces. That ended in 2018.
Nowadays, each province has direct control over its own gambling laws. This has created a patchwork of states that have legalised internet betting and those that have not. Naturally, this makes things difficult for Argentine peso casinos, as they may be legal in some regions and not others. Despite there being no official national gambling laws, that has not stopped the Argentine government from raising taxes on online gambling (a market that, theoretically, does not exist at a national level) from 2% to 5%.
Argentine peso online casinos feature a mixture of local options and international payment providers. However, withdrawal times tend to be a bit slower than at some South American and Latin American counterparts, and withdrawal limits tend to be reserved at best.
Here is what you can expect regarding payment providers at ARS online casinos:
Argentine favourites such as Rapipago, Pagofacil and Mobiamo may be used at locally licensed betting sites in Argentina, but they are not guaranteed to appear at all foreign or international ARS online casinos.