Mercado Pago's 'friends tournaments' for World Cup betting flagged as illegal gambling by Argentine lottery regulator
Jun 17, 2026On June 17, 2026 Argentina's official lottery regulator publicly stated that Mercado Pago's promoted 'friends tournaments' allowing users to wager on World Cup matches constitute illegal gambling under Argentine law, since the product offered cash prizes funded from user stakes outside the official licensing regime. The regulator warned of criminal exposure for Mercado Pago and demanded the product be discontinued.