What is the legality of gambling in Cabo Verde?

What is the legal status of gambling in Cabo Verde?

Gambling is legal and regulated in Cabo Verde, a small island nation located off the coast of West Africa. The country’s gambling industry is overseen by the Cabo Verde Ministry of Tourism, Industry and Environment, which is responsible for issuing licenses and regulating casino operations. This is aimed at promoting tourism and generating revenue for the country. In recent years, the government has been making efforts to expand the gambling industry in Cabo Verde, attracting international investment to build more casinos and betting facilities.

What is the legal status of sports betting in Cabo Verde?

Sports betting is also legal in Cabo Verde, with various sportsbooks operating across the country. The sports betting industry is regulated by the Cabo Verde Ministry of Tourism, Industry and Environment, which ensures that operators comply with the necessary rules and regulations. Sports bettors in Cabo Verde can place wagers on a wide range of sports, including football, basketball, and volleyball, among others. Many sports betting shops also offer virtual sports, which have gained popularity in recent years.

Is online gambling legal in Cabo Verde?

Online gambling is not explicitly regulated in Cabo Verde, and there are no specific laws or regulations governing the operation of online casinos or betting websites. However, there are no restrictions on Cabo Verde residents accessing and using international online gambling platforms, and many international operators accept players from the country. It is worth noting that since online gambling is not regulated, players should exercise caution and only play on reputable websites to ensure a safe and secure gaming experience.

What is the legal gambling age in Cabo Verde?

The legal gambling age in Cabo Verde is 18 years old. This applies to all forms of gambling, including casino games, sports betting, and lottery. Players under the age of 18 are not allowed to participate in any gambling activities, and operators are required to verify the age of their customers to ensure compliance with the law.

What are some casinos and popular games in Cabo Verde?

There are a few land-based casinos in Cabo Verde, most of which are located in the capital city of Praia and on the island of Sal. Some of the most popular casinos in the country include:

• Casino Royal (Praia)
• Hotel Casino Praia (Praia)
• Torre Praia Hotel & Casino (Praia)
• Sal Casino (Santa Maria, Sal Island)

These casinos offer a range of popular casino games, including:

• Slot machines
• Roulette
• Blackjack
• Poker
• Baccarat

Do you need a gambling license in Cabo Verde?

Yes, operators looking to open a casino or betting facility in Cabo Verde must obtain a gambling license from the Cabo Verde Ministry of Tourism, Industry and Environment. The licensing process involves meeting a set of criteria, including financial stability, experience in the gambling industry, and adherence to responsible gaming practices. Licenses are typically granted for a period of 10 years and are renewable upon expiry.

Is there a gambling tax in Cabo Verde?

Yes, gambling operators in Cabo Verde are subject to taxes on their gross gaming revenue (GGR). The exact rate of taxation varies depending on the type of gambling activity and can range from 10% to 25%. Additionally, players who win significant amounts at casinos may be subject to a withholding tax on their winnings, which is deducted by the casino operator before the payout.

What are some official links and resources on gambling legality in Cabo Verde?

For more information on gambling laws and regulations in Cabo Verde, the following official resources may be helpful:

• Cabo Verde Ministry of Tourism, Industry and Environment
• Gambling Compliance (for information on international gambling laws and regulations)

It is always advisable to consult with local authorities and legal experts when considering any gambling-related activities in Cabo Verde.