Mongolian Parliament Approves Ban on Betting and Online Gambling
Thursday 14 de August 2025 / 12:00
2 minutos de lectura
(Mongolia).- On March 26, the Parliament of Mongolia passed government-backed amendments to the Law on Licensing, fully prohibiting all forms of paid predictions, betting, and online gambling.
With the adoption of the amendments, all activities related to paid prediction, betting, and online gambling are completely prohibited in Mongolia.
Organizing paid prediction or betting games in public places or online for profit is now classified as a criminal offense under the Criminal Code.
Offenders face fines ranging from 2,700 to 14,000 basic units, mandatory community service from 240 to 720 hours, restriction of travel rights for six months to one year, or imprisonment for six months to three years.
Furthermore, repeated use of payment accounts, electronic money, virtual assets, telecommunications numbers, or electronic identifiers under one's own or others' names for organizing paid prediction, betting, or gambling activities is also considered a criminal offense.
Penalties include a fine of 450 to 5,400 basic units, community service of 240 to 720 hours, travel restrictions for six months to one year, or imprisonment for six months to one year.
Any individual who promotes or solicits paid prediction, betting, or gambling is subject to administrative penalties under the Law on Administrative Violations, including fines for violations or illegal advertising.
Special regulations concerning excise taxes on equipment used in paid prediction and betting activities, as well as provisions in the Corporate Income Tax Law, the Law on Personal Income Tax, and the Law on Supporting Small and Medium Enterprises and Services, have been repealed in connection with the ban on these activities in Mongolia.
The laws are set to take effect according to the standard procedure, reported the Media and Public Relations Department of the Parliament.
Categoría:Legislation
Tags: Sin tags
País: Mongolia
Región: Asia
Event
G2E - Las Vegas 2025
06 de October 2025
CT Interactive on Innovation, Networking, and Market Growth at G2E 2025
(Las Vegas, SoloAzar Exclusive).- The global gaming industry marked G2E’s 25th anniversary with a major gathering in Las Vegas. CT Interactive stood out for its innovative product development and international growth strategy. Account Manager LATAM at CT Interactive, Roberto Muñoz, shared insights on G2E’s importance, emerging trends, and the company’s collaborative expansion efforts.
Thursday 30 Oct 2025 / 12:00
Atlaslive Explored the Future of Gaming in Latin America at Recent G2E 2025
(Las Vegas, SoloAzar Exclusive).- Bruno Almeida, Head of Sales LATAM at Atlaslive, attended G2E for the first time to explore how land-based and online gaming are converging. His experience highlighted key trends shaping the Latin American market, from immersive casino innovations to strategic networking and regulatory insights.
Monday 27 Oct 2025 / 12:00
G2E 2025: Cristian Galarza, ASAP Director Explains the Importance of Attending the Event
(Las Vegas, SoloAzar Exclusive). - After attending the 25th anniversary edition of G2E in Las Vegas, ASAP’s director shares his perspective on the evolution of the industry, driven by digitalization, efficiency, and the creation of international networks that foster new business opportunities.
Tuesday 28 Oct 2025 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.