Mozambique: Economy minister backs new rules for online gambling
Summary
Mozambique's Minister of Economy, Basílio Muhate, has called on private operators to promote responsible gambling following the government's approval of new regulations for online games of chance. The new legal framework, approved on July 14, aims to modernize the regulatory structure and address social concerns, particularly the impact of gambling on young people.
The regulations distinguish online gambling from land-based casinos, establishing a specific licensing framework for digital platforms. This move is intended to foster structured growth in the expanding online market while addressing a decline in tax revenues from traditional casinos, which have collected only 54 percent of the forecasted amount for the current period.
(Source:Mozambique)