Equatorial Guinea has joined the ranks of regulated iGaming markets in Africa, marking a significant milestone in its entertainment sector. The recent issuing of the first iGaming Master License signifies a new era for the country’s digital economy.
Equatorial Guinea, located on the central African coast, is a nation of less than two million people. Previously a Spanish colony, it gained independence in 1968. The journey to regulated online gaming began with the 2017 regulatory reforms, which have now empowered Antonio-Pedro Oliveira Burupu, Minister of Tourism & Tourism Infrastructure, to grant the first Master License to Mascott Capital Partners, a licensing firm based in Cyprus.
Mascott Capital Partners will now oversee the distribution of additional licenses and ensure compliance with local regulations, including age verification, responsible gambling and AML efforts. Operators seeking to enter Equatorial Guinea’s market must collaborate with Mascott to adhere to these standards.
The government is optimistic about the economic benefits of regulated iGaming, seen as a pivotal step in diversifying Equatorial Guinea’s economy.
Minister Burupu says: “The launch of online gaming, online betting and online casinos in Equatorial Guinea is one of the most significant measures taken by gaming regulators in the country’s history and Mascott Capital Partners’ digital platform will assist in submitting online gaming license applications.”
This move positions Equatorial Guinea as an emerging hub for iGaming, akin to regions like Curaçao and Anjouan. By establishing itself as a reliable gaming licensing destination, the country aims to attract more operators and international investment, further boosting its digital sector.
