Botswana issues gambling licenses to revive sector
Regulation · 2024-10-10
Botswana issues gambling licenses to revive sector
The Chairperson of the Gambling Authority, Marvin Torto, has announced a major development in Botswana’s gambling industry, revealing the issuance of multiple licenses aimed at revitalizing the sector.
Speaking to journalists this week, Torto shared that after the Authority issued a Request for Applications in 2023, they received 16 applications for Betting and another 16 for Limited Payout Machine (LPM) licenses. Following this, a compulsory applicant conference was held, drawing representatives from 77 companies.
The high turnout, according to Torto, demonstrated the importance of the gambling sector’s growth in Botswana.
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