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Mongolian Cabinet proposes sports betting licensing and wider gambling bans

Regulation

Mongolia’s Cabinet approved a proposal on 6 March to create a special licensing system for sports betting while banning other gambling and betting activities. Chief Cabinet Secretary Uchral Nyam-Osor cited reported economic crime losses of MNT417.2bn in 2023 and MNT1.7tn transferred abroad; the proposals also include penalties for supporting illegal gambling and MNT100,000 fines for individuals found guilty of gambling.

Operators would face a proposed sports betting licensing framework and prohibitions covering other gambling activity.

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