Argentina’s Change in Government Could be Positive for Online Poker Operators Argentina’s Change in Government Could be Positive for Online Poker Operators
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Key Takeaways
  • After presidential elections a fortnight ago, the peronist rule of Christina Kirchner has been replaced by a centre-right government with Mauricio Macri as President. He is pledged to remove capital controls and liberalize the Argentine economy.
  • The difficulty of exporting dollars at their real market value creates a problem for online poker operators, which are obliged to use the official rate for transactions.
  • If unforeseen problems in Greece and Portugal can be blamed for weak revenues at Amaya, Argentina, could well take the credit for some unforeseen revenue growth over the next few years.

After presidential elections a fortnight ago, the peronist rule of Christina Kirchner has been replaced by a centre-right government with Mauricio Macri as President. He has pledged to remove capital controls and liberalize the Argentine economy.