Online gambling is about to get a lot more exciting in Libya, as the country prepares to welcome its first regulated casino. With the government finalizing details on how to license and operate casinos throughout the country, it’s time to start exploring what opportunities will be available once online gambling becomes legal. As a result, we’ve compiled a complete guide that answers all of your questions about operating a casino in Libya. This article covers everything you need to know before playing at an online casino in Libya including which operators are available, what types of games will be offered, and which payment methods are accepted. Whether you live outside of Libya or plan to have your casino operator handle all bookkeeping from there onward, reading through this article should help you determine which company is right for your business venture.
What is the Legal Status of Online Casinos in Libya?
The government of Libya legalized online gaming in May 2018. Prior to this, it was illegal to provide online gambling services, though companies like Bovada.lv, Bodog, and Bet365 had operated for years in the country. While the new law will allow for regulated online casinos, the implementation process is still underway. As a result, there are no casinos currently accepting players in Libya. The country is expected to have its first licensed online casinos open in March 2019. As such, it’s extremely important to know exactly what the legal status of online casinos is in Libya to avoid any potential pitfalls.
Which Casinos Are Available to Play In Libya?
Currently, there are no licensed online casinos available to play in Libya. The country’s online gambling law is expected to go into effect in March 2019, but this is still relatively early in the process. When licensed, the country’s first online casinos will allow for a variety of games to be featured including blackjack, roulette, and baccarat. Cryptocurrency will also be available for play and is expected to be one of the most popular features among players. The exact list of games and casino software providers that will operate in Libya is still unclear, but the government has approved Bodog, Bovada, and Yaoca Boingo as potential operators. It’s advised that online casino operators in Libya follow international standards and regulations to ensure a smooth transition to licensed online gambling.
Why Should You Play at an Online Casino?
Online casinos in Libya are expected to be a popular option for many players. While physical casinos in Libya have never been permitted, there’s an increasing amount of interest in the idea from residents. With many people living in the country having access to TVs, computers, and smartphones, there’s also an increasing number of people who are interested in playing online. Getting into the regulated online gambling market in Libya is expected to help the country’s economy by generating revenue for an otherwise underserved market. With over 80% of the country’s population living under the poverty line, online casinos are expected to be a lucrative option for many players.
Finding the Best Operators for Online Gambling in Libya
When searching for an online casino to play at in Libya, it’s important to first determine which operators will be available once licensed. The country’s online gambling law is expected to go into effect in March 2019, but this is still relatively early in the process. The exact list of games and casino software providers that will operate in Libya is still unclear, but the government has approved Bodog, Bovada, and Yaoca Boingo as potential operators. When considering which online casinos to play at in Libya, it’s important to first determine which operators will be available once licensed. While operators like Bovada are expected to begin offering services in Libya, it’s likely that the list of games and software providers will change before being fully licensed.
Bovada and Yaoca Boingo
Bovada is currently the only licensed online casino operator in Libya. The US-facing casino is operated by Bodog Group, a Malta-based gambling company that’s been operating in the country since 2016. While Bovada has been approved as a licensed online casino operator, they’re not currently accepting bets. Yaoca Boingo will be the first online casino in Libya to offer players a range of regulated games. The online casino is operated by the state-owned Libyan National Oil Corporation and is expected to launch later in 2019. It’s currently unclear when and what types of games will be available.
The legal status of online casinos in Libya is still uncertain, but they are expected to become available in 2019. Once licensed, players will be able to choose from a variety of games and software providers. Blackjack, roulette, and baccarat are currently expected to be available with cryptocurrency also expected to be popular. Why not play blackjack, roulette, poker, or baccarat at an online casino in Libya? The best way to find out if it’s available and what games are being offered is to begin your research today.