Gambling has always been a contentious issue and Khafi even threatened his resignation if the law to ban live gambling on state owned media wasn’t passed. Although some forms of gambling are driven by tourism, statistics show around three million Moroccans also partake in some kind of gambling whilst the industry generates almost DS2.9bn for the state treasury. A decree was eventually issued which meant all lottery and gambling advertisements were to be banned from both public and private radio and television broadcasts.
betting games in Morocco plus raffles, lottery games and instant games.
Te Loterie Nationale (SGLN) is a private limited company under state control in charge of the operation of national lottery game.
MDJS has a 78 per cent lottery market share whilst SGLN has 22 per cent. Both the lotteries have operated as complementary companies and share a distribution of around 1,500 points of sales.
TOURISM GROWTH Morocco gained independence from France in
1956 and King Mohammed V became monarch. He was succeeded in 1961 by King Hassan II who contributed the most to shaping modern Morocco. Te current King Mohammed VI came to the throne in 1999 on the death of his father King Hassan II.
Prime Minister Saad Eddine al-Othmani, heads the Justice and Development Party (PJD) – a moderate Islamist party which leads a fragile six party governing coalition formed in 2017.
Despite the adoption of a new constitution in 2011 there is still call for changes in Morocco. Economic policy is focused on developing faster growth and reducing unemployment, poverty and illiteracy.
Morocco is the fifth largest African economy by GDP and since 1993 has followed a policy of privatisation of certain sectors. Te telecommunications sectors saw a 35 per cent privatisation of state operator Maroc Telecom whilst liberalising rules for oil and gas exploration saw concessions for many public services in major cities.
Te services sector makes up half of Moroccan GDP mostly consisting of mining, construction
and manufacturing. Major resources for the economy include agriculture, phosphate minerals and tourism. Morocco is the third largest producer in the world of phosphates.
Economic growth has been erratic and relatively slow mainly due to an over reliance on the agricultural sectors which, being susceptible to rainfall, ranges from 13 to 20 per cent of GDP. Droughts have a severe knock on effect as 36 per cent of the Moroccan population depend on agricultural production.
Despite Morocco’s economic progress it suffers from high unemployment (10.2 per cent), poverty and illiteracy especially in rural areas. Some 15 per cent of the population live below the poverty line. GDP per capita in 2017 was $8,600 and real growth rate is around 2.5 per cent.
Te highest population density is along the NEWSWIRE / INTERACTIVE / MARKET DATA P51
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