Ver Angola

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Companies that will explore online gambling and betting have a ten-year extension

The license for online gambling and betting in Angola will be ten years, extendable for successive periods of three years, only for entities with their regular contributory and tax status.

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The information is contained in the Regulation on the Operation of Remote Online Games in Angola, which includes the exploration and practice of online games and betting, practiced at a distance using electronic, computer, telematic and interactive media or by any other means.

The diploma, dated 11th of May, establishes that the operating entities of this activity will have to install and maintain a technical gambling system for the exploitation of online gambling and betting, create a registration and an account for each player, define the attribution policy of bonuses, as well as to pay the prizes in the announced amount.

Companies are also required to have a bank account with an Angolan financial institution, at a national address, for all transactions related to the activity of online gambling and betting, as well as ensuring compliance with the current laws on the prevention of money laundering and financing. terrorism.

The diploma also provides that the entire share capital of the exploiting entities must be represented by shares, which allow the issuer of the license to know the identity of the respective holders, with mandatory reporting to the body responsible for supervising games “all acts or businesses that imply the acquisition, transfer or encumbrance of these shares within 30 days, counting from the date on which the company became aware of the act or business in question ”.

Regarding the registration of players, the operating entities are obliged to have personal data, namely full name, date of birth, nationality, profession, address and residence, ticket or passport number, as well as tax identification, e-mail address and bank account elements for payments.

On the other hand, players have the right to have their privacy and the protection of the data provided guaranteed and to know at all times the identification and contact details of the operating entities and, if they wish to submit a complaint, how they should proceed.

For the payment of premiums, only bank transfers from an account domiciled at an Angolan bank, in national currency, are allowed.

Companies are also required to create mechanisms that prevent minors and or other socially vulnerable groups from registering for a player.

Presidential Decree No. 131/20, of 11 May, approved the Regulation on the Operation of Remote Online Games in Angola, considering that the approval of the Law on the Activity of Games allowed the laying of the bases for the exercise of this activity in the country.

The regulations thus delimit and frame the supply and consumption of gambling, control its exploitation, guarantee security and public order, preventing excessive and unregulated gambling and addictive behavior and practices, as well as collecting revenue for the State.

Remote online games are games of chance and betting where any mechanisms, equipment or systems are used to produce, store or transmit documents, data, information, when practiced remotely, using electronic media and computer systems.

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