Kazakhstan, gambling under siege 5q10n
Laws regulating the gambling and betting market in Kazakhstan have undergone major changes in 2024. On July 8, Kazakh President Kassym-Jomart Tokayev signed legislative amendments to tighten gambling and lottery regulations in the country. 2r331c
By 2025, revenues for Kazakhstan’s gambling industry are expected to grow to $500 million, accompanied by an increase in the number of people employed in the sector. 4e1s
Kazahstan
Gambling legislation in Kazakhstan 2n6c49
The law introduces restrictive and incentive rules aimed at reducing gambling addiction among the population. The list of those who cannot gamble or bet has been extended. Restrictions have been placed on the advertising of bookmakers and lotteries. The law updated the mechanisms regulating lottery activities. In particular, a ban was introduced on the distribution of lottery tickets and the installation of lottery terminals in residential buildings, dormitories, religious buildings, buildings and structures of cultural organizations and social facilities, including within a radius of 100 meters from them. In general the laws regulating gambling will prohibit a wide circle of people from gambling and betting. So we are dealing with a restrictive country in this area.
Responsible Gambling v5p3g
The law signed by President Tokayev in July this year implements restrictive measures for those ed in the Unified of Debtors, which totals more than 3.5 million people. The document also provides for the rehabilitation of citizens suffering from gambling addiction.
In addition, the Kazakh state is involved in the mission and process dedicated to those who overdo gambling.
In order to protect the health of the younger generation from the consequences of consuming energy drinks, it is forbidden to sell these drinks to anyone under the age of 21.
gambling
Online gambling in Kazakhstan q4b5h
Another important step is the restriction of internet gambling activity in Kazakhstan. This is a criminal offense punishable by up to two years in prison. The Ministry of Tourism and Sport is empowered to keep track of unlicensed bookmakers and foreign bookmakers, and banks and payment institutions are banned from carrying out financial transactions on their behalf.
Kazakhstan, unlike other countries, has come up with a unified vice strategy and introduced a law banning the sale and distribution of e-cigarettes. In addition, it has amended penalties for violence against women and children, as well as for human trafficking, vandalism and property damage.
Kazakh laws also prohibit gambling in Kazakhstan for under-21s, civil servants, military personnel and people on the debtors’ . Fines are 300 times the Monthly Calculation Index (MCI) and 1000 times the MCI for large businesses. This corresponds to amounts between 1.1 million and 3.6 million tenge as of 2024 (about $2,500-8,100). In case of a repeat offense, the license is suspended. This may have consequences for operators who wish to do business legally and transparently in this industry and may push them to other jurisdictions where less restrictive guidelines exist. This law may create serious consequences and encourage illegal gambling and other opaque business practices.
The new gambling laws are not so much aimed at protecting players from harm, but rather at strengthening market control. Online gambling is already banned in Kazakhstan and 80% of online gambling is believed to be conducted illegally.
These concerns from Kazakhstan this year are particularly timely as they come at a time when the European Union, for example, and its Member States are working to introduce stronger anti-money laundering guidelines for the online gambling sector in Europe.
Gambling advertising in Kazakhstan 4470
Advertising of online bookmakers and casinos, their promotion in the media, on the internet and via SMS is restricted. Promotion of gambling by bloggers is considered an istrative offense, for which they will have to pay a fine of 450 dollars.
Land-based casinos in Kazakhstan 676361
In a previous article from 5 years ago we told you that this country offers the possibility to play only at live casinos in two areas dedicated exclusively to this industry, namely in Schuchinsk and Kapshagay, here there is a major group that manages three of the most imposing and most sought-after casinos. There are 13 licenses in these areas and the most famous casinos are Casino Astoria, Bombay Casino and Cash Ville Casino.
Conclusion 41h59
The gambling industry in Kazakhstan has become even more restrictive in the last 5 years and is heading towards total restriction in the coming years and probably an increase of illegal activities in this area.
Sources: astanatimes.com, eupoliticalreport.com, sbceurasia.com, casinoinside.ro
