JUE 25 DE DICIEMBRE DE 2025 - 20:52hs.
JURISDICTION TRANSFER

Buenos Aires to control city’s ractrack and casinos by mid-year

(Argentina) .- Argentine national government signed a decree that ratified the transfer some gaming activities to the Buenos Aires city government. A special committee will have 30 days to define how the transfers of the local racetrack (Hippodrome), the casino boats and the lottery agencies will be made, that would remain in the hands of the City before mid-year.

The agreement was signed by Vice President Gabriela Michetti, in charge of the Executive due to the trip to Spain of President Mauricio Macri. As the Legislature of Buenos Aires had already ratified the agreement last year, this step was the last one necessary to begin the purely technical stage of the transfer, and to define dates.

National Lottery sources explained that from now on a committee will be formed with two representatives of the institution and two from the City Gaming Institute, which in 30 days will have to establish all the legal issues in which the transfer should be made. In addition, they set a schedule: since April will begin to run the deadlines so that the Hippodrome of Palermo, the lottery agencies and the boats-casino, in that order, pass to Buenos Aires hands.

In addition, this agreement unlocks the possibility that National Lottery will turn to the City all the money for the collection of gaming in 2016, and that was held until the transfer was solved: it’s about US$ 54,6 million. So far, money collected from gaming distributed by thirds among Lottery, the Ministry of National Social Development and the City. Once the transfer is done, 100% will go to the City.

Source: GMB / Clarin