Who does not need money in the present time, we are all affected with the pandemic, even the richest country have struggled economically. Argentina is just raising their taxes on casinos, but they are already allow them to operate so they already know that gambling taxes is a big source for tax income and they also know that even if they will raised the tax, it will not affect the industry a lot compared to other industries.
This is not the time to raise taxes, unless you want the businesses to go bankrupt. Casinos and other businesses have seen a disproportionate decline in their revenues. Many of the small and medium sized casinos have closed down, unable to pay the wages to their employees. At this time, it is ironic that the government is going ahead with a tax increase. Sometimes I think that these Latin American politicians use some organ other than brain to make the decisions.
Very unfortunate how the government isn't looking at those instances instead of focusing on milking from gambling instituitons. I'm not sure if they are desperate to think that way or the purpose to stop people from gambling.
I understand that they have a reason for asking for taxes but that was not favorable in today's situation. Though gambling institutions won't agree but that was already been exercised and they are obliged to pay otherwise, they can no longer to operate.