Timor-Leste grants first offshore gaming concession to Golden River Universe
Timor-Leste signed its first offshore gaming concession with Golden River Universe Lda, with Vice Prime Minister Francisco Kalbuadi Lay signing for the government. The company will operate under the Inspectorate General of Gaming’s oversight; the agreement follows work to establish a regulatory framework for the sector.
The concession establishes an offshore gaming framework and names the company operating under the regulator’s oversight.