The State of Online Casinos in Malawi
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Malawi is a country in Southeastern Africa. It has an estimated population of around 19 million people. Its economy is heavily reliant on agriculture. In 1996, gambling was legalized in the country. The main governing body of gambling activities in Malawi are the Malawian Gaming Board.
The Gambling Regulations Act covers the games that were previously mentioned. Any business offering any other type of gaming service would have to be granted special permission by the Malawi Gaming Board. Sports betting establishments in Malawia have a special gambling license. Lottery-style games like keno and scratch cards don't fall under the G gambling regulations.
There is a licensed gambling site in Malawi called Premier Bet. Online gambling is legal in the country, but only PremierBet is able to operate under the regulation of Malawian authorities. Only 20% of the Malwani's residents have consistent access to the Internet. Online gamblers can access international gambling sites without restrictions. They can't be prosecuted for indulging in games and bets on these sites.
The 2015 Gaming Amendment Regulations Act expanded upon the previous 1998 legislation. There are a number of licenses that one can acquire from the Malawi Gaming Board. The National Lottery Board is responsible for regulating and licensing lottery and sports betting activities in the country.
There are numerous economic hurdles that the country is facing at the moment. This can impact the progress of the online gambling sector.
