In a pivotal move for the nation’s gambling industry, the Botswana Gambling Authority, led by its Board Chairperson, Mr. Marvin Torto, has announced the successful completion of the licensing process for Bookmaker and Totalisator operations.
After a rigorous and transparent three-day evaluation, 10 companies have been granted licenses to operate within the country, promising to bring positive economic impacts, job creation, and a commitment to responsible gambling practices.
“This milestone aligns with Vision 2036 and His Excellency, President Dr. Mokgweetsi E.K. Masisi’s Reset Agenda, driving innovation and sustainable growth in our gambling industry,” stated Emolemo Peter Kesitilwe, the Chief Executive Officer (CEO) of the Botswana Gambling Authority.
The licensing process, which was open and competitive, aimed to strengthen the regulatory framework and ensure the industry’s alignment with national development priorities. The successful applicants will now be able to provide a range of gambling services, from sports betting to totalisator operations, to the people of Botswana.
This move is expected to have a positive ripple effect on the country’s economy, as the new operators will contribute to job creation, tax revenue, and the overall growth of the gambling sector. Furthermore, the Gambling Authority has emphasized the importance of responsible gambling practices, ensuring that the industry operates in a socially responsible manner.
The Botswana Gambling Authority’s commitment to transparency and good governance in the licensing process has been widely praised, and the successful completion of this milestone is seen as a testament to the government’s efforts to foster a thriving and sustainable gambling industry.
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