Kazakhstan’S Bookmakers Are Concerned About The Possibility Of Establishing A Betting Monopoly

In kazakhstan, no first year is planning to amend the law «about igor business». Local bookmakers are concerned about the possibility of establishing a monopoly on the provision of betting services.

Previously, an attempt was made to amend the country’s gambling legilation by redistribution. In the summer of 2018, the market could have been subjected to serious reform. The redistribution of property in fact meant election of a monopoly operator for sports rates on a competitive basis. The exclusive license was to act in the country for quite a long time.

However, the government and other state bodies did not support the initiative to introduce betting monopoly. Indition, the public also spoke out against the idea of the lack of compettion in the sports rates market.

Despite the failure, the stakeholders do not leave attempts to achieve their. Now they are trying to lobby another initiative, which, in fact, will oblige all market operators to work under the brand and alienate part of the income «roof».

The executive director of the bookmaker association of kazakhstan ainur smagulov said that despite all the industry attempts to establish relations with legislators, the rules of doing business are tightened, and work through a private monopolist will only aggravate the situation.

In addition, the creation of a monopoly in any format will entail, according to representatives of the bookmakers of kazakhstan, the destruction of competition and will contribute to the formation of the oligarchic business.

Recall that in kazakhstan made an initiative to create a list of citizens who are forbidden to carry out sports rates. The actions of the authorities are aimed at protecting the inhabitants of the country from gambling addiction.