With a population of around 25.7 million, Côte d'Ivoire’s economy is amongst the fastest growing in sub-Sahara Africa. Te government projects economic growth of 7.1 per cent in 2022, up from 6.5 per cent in 2021. Te land-based industry is at a very early stage and there are currently just four very small casinos registered with the licensing authority and only three casinos that are in operation. However, online betting is popular offshore while the lottery (LONACI) is present throughout the country and offers online and land-based sports betting.
The opening and operation of casinos and other gaming establishments are now subject to inter-ministerial authorisation from the Minister of Economy and Finance and the Minister of the Interior and Security after Law No. 2020- 480 (Legal Regime of Games of Chance) was passed in May 2020. As well as blocking
access to unlicensed offshore betting sites the bill imposed responsible gambling measures on the industry.
Te government first drafted a decree to regulate the gambling industry in 2019. It was then submitted and approved unanimously by members of the Commission for Economic and Financial Affairs (CAEF) of the National Assembly. Put forward by Te Minister of Economy and Finance, Adama Coulibaly, who argued that existing laws were outdated as they dated back at least 50 years, the bill proposed the establishment of a new gaming board and regulations that would cover online gambling as well as put certain restrictions on the land-based sector.
Coulibaly stated that casinos would only be allowed in 4-star hotels. Tis could be significant in the long-term as the government is investing heavily in tourism and planning to mobilise 2,000bn West African CFA francs (US$4bn) to revive its tourism industry after Covid.
Te opening and operation of casinos and other gaming establishments are now subject to inter-ministerial authorisation from the Minister of Economy and Finance and the Minister of the Interior and Security after Law No. 2020-480 (Te Legal Regime of Games of Chance in Côte d'Ivoire) was passed in May 2020. As well as blocking access to unlicensed offshore betting sites, the bill imposed responsible gambling measures on the industry. In addition, online casino and sports betting operators are now obliged to register with the newly established gambling board.
P38 WIRE / PULSE / INSIGHT / REPORTS
IVORY COAST
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