Online Gambling in Angola
The government of Angola is on a massive drive to turn
the country into a gaming and tourism destination that
can compete with South Africa for international tourists.
Such a goal may seem a bit ambitious for a country that
is less than 15 years old from a brutal civil war that
lasted nearly three decades but this is not the case.
Angola is the continents second largest oil producer and
there are massive diamond reserves in the country. These
resources are being used to better the economy. Currently
Angola is one of the fastest growing economies in the
world. There has been unprecedented growth all areas of
the economy including the gambling sector.
Gambling in Angola
Generally the Angolan population loves to gamble.
Residents of the large country gamble on games such
as bingo, slots and on table games such as poker and
roulette. Also very popular in the country is sports
betting. Games of fortune are becoming more and more
popular as the citizens of Angola continue to get
more disposable income. The promise of rewards and
jackpot winnings is proving too much of a temptation
to resist for most of the population. The Rise in
demand for gambling services has been met by an
equally large enthusiasm to supply such services.
Both foreign and local gambling operators are
constantly increasing their investments in the
Angolan gambling industry. There has been a rise in
online gambling in the country as well as an
increase in land based casinos.
Currently there are more than 10
land based casinos operating in
Angola, most of these are in the
capital city Luanda. Gamblers can
also access video slots, blackjack
tables, poker rooms and other games
of chance in Benguela, Lubango and
Cabinda. Post-conflict there were
only a couple of casinos operating in
the country. Most of them were owned
by foreign operators. The majority of
sports betting establishments during
this time were imported from Portugal
and betting was primarily on
Portuguese soccer leagues. There are
stories of some of these foreign
operators scamming individuals. A
popular incident is one of a
Brazilian gambling operator who
withheld winnings from players.
Incidents like this led to the
government crafting a new law to
safeguard the interests of its
citizens. The new legislation
provides for more vigorous screening
of gambling licence applicants and
tighter monitoring of gambling
establishments.
Gambling Regulations in
Angola
Angola recently
passed a new law that
regulates gambling
activities in Angola.
The new legislation
regulates casinos,
lotteries and online
games. The Angolan
public is not restricted
from accessing online
gambling service.
Foreign based online
gambling operators are
also not prohibited from
providing gambling
services to Angola’s
citizens. Primarily the
law focuses on
protecting the gamblers.
As Angola pushes to
become an international
gaming destination it
became necessary to
create legislation that
would ensure gaming
transparency.
The new
legislation is also
seeks to improve the
casino operators
social
responsibilities. It
provides for greater
responsible gambling
and anti money
laundering
supervision. There is
a requirement for
gambling operators to
be more accountable.
As part of the social
responsibility drive
government seeks to
create employment
using this bill.
Angola stands to
benefit from the
increased revenue
that will be
collected from
gambling operators
and their
establishments. The
new law requires
gaming licence
applicants to pay an
application fee and
the profits from
their operations will
also be taxed. A
special tax regime
was created
especially for the
gambling operators.
According to
the legislation
gambling activity
is exclusive to
the government.
The government
reserves the right
to authorise
private and public
entities to
explore the area
through
concession. All
gaming licensing
will be processed
by a single
entity. The board
is also
responsible for
supervising,
inspecting and
monitoring
gambling
activities.
Online
Gambling Boom
in Angola
The
Major
reason for
the boom in
the online
gambling
industry is
high
Internet
penetration
rate. Less
than 15
years after
the country
got back on
its feet
from a
devastating
civil war
more than
20 % of the
population
now has
internet
access. The
percentage
may look
low on its
own but
once you
factor in
the
country’s
population
the figures
become
huge. There
are more
than 4.4
million
Internet
users in
the country
and the
number is
increasing
daily. This
figure is
higher than
most
countries
that
surround
Angola.
There are
established
hotels and
casinos
based in
Angola.
These
include
Casino
Tivoli
and
Marinha
Casino
Angolans
love to
gamble
and it
is not
surprising
that
most
have
grabbed
the
opportunity
to
gamble
online.
Despite
the
rapid
growth
of the
gambling
industry
there
is
still a
lot of
space
that
remains
to be
covered.
Brick
and
Mortar
casinos
are
still
only
found
in
major
towns.
Online
casinos
offer
casino
services
without
gamblers
having
to
travel
long
distances.
New
games
that
are
rapidly
becoming
popular
in
Angola
like
Bingo
and
Poker
are not
as
extensively
available
in the
country
as they
are
online.
Angolans
can
also
play
and
win
foreign
Lotteries
without
leaving
the
country.
Even
sports
betting
facilities
are
better
online
than
they
are
in
brick
and
mortar
betting
establishments.
As
the
number
of
people
accessing
the
Internet
via
their
phones
and
tablets
increase
there
is
going
to
be
an
even
larger
number
of
online
gamblers
in
Angola.
The
convenience
of
gambling
on
the
go
is
something
that
gamblers
in
the
country
would
enjoy.
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