Key points:
- Online gaming will be regulated in Equatorial Guinea.
- Mascott Capital Partners has been granted the master license.
The Government of Equatorial Guinea has started a new set of laws for online gaming in the country.
The Online Gaming, Online Betting, and Online Casino Licensing Framework gives rules for international gaming. It aims to ensure fairness, protect players, and follow the best compliance practices. It outlines the application process, compliance requirements, financial obligations and more.
An online master licence has been granted to Mascott Capital Partners, a licence management company. Multinational operators can now apply for a licence through the Mascott Capital Partners platform. Mascott Capital Partners and its partners will use a special system to manage all international licences in one place.
At the launch, H.E. Antonio-Pedro Oliveira Burupu, head of the Equatorial Guinea Ministry for Tourism, spoke. He said, “The launch of online gaming, betting, and casinos in Equatorial Guinea is very important. This is one of the biggest steps by gaming regulators in our history. Mascott Capital Partners’ digital platform will help with online gaming licence applications.”
This initiative is a key step. It aims to promote Equatorial Guinea. The goal is to make it a recognized location for remote online gaming, online gambling, and online casino businesses. This is an important step for Equatorial Guinea’s economy. It will attract international investment in the digital space. It will also boost consumer confidence in online gaming services. This makes Equatorial Guinea a top choice for iGaming worldwide.
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