Formoapuestas license suspended

The site of the Argentinean sportsbook closed down after the company's license was withdrawn by the gambling regulator for the province of Formosa.
While initial reports suggested the action against Formoapuestas was in anticipation of a nationwide ban of online gambling, sources familiar to the case told Bookmakers Review the online sportsbook was offering its customers casino games that were not permitted by the license. Hence the decision of the provincial regulator to revoke Formoapuestas license.

Date published: 13 October 2008


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