Jos\u00e9 Ramos-Horta has said the nation is not interested in building land-based casinos.<\/p>\n\n\n\n\n\n\n\n
East Timor.- East Timor’s president, Jos\u00e9 Ramos-Horta<\/strong>, has expressed support for issuing online gambling licences <\/strong>aimed at foreign markets.<\/p>\n\n\n\n In an interview with Macau\u2019s public broadcaster TDM Canal Macau, Ramos-Horta said that he is not interested in the prospect of land-based casinos but added that if foreigners want to gamble online, the country could offer the possibility.<\/p>\n\n\n\n East Timor has established an independent administrative body to promote and develop an online gaming industry. The Virtual Gaming Association of Timor-Leste (VGA)<\/strong> has recommended the government issue both B2C and B2B licences for online gaming. They aim to have these licences issued by the second quarter of next year.<\/p>\n\n\n\n The VGA recommends that East Timor\u2019s online gaming regulations be modelled after those of Malta and the Isle of Man. These jurisdictions are known for their robust regulatory frameworks and successful online gambling industries.<\/p>\n","protected":false},"excerpt":{"rendered":" Jos\u00e9 Ramos-Horta has said the nation is not interested in building land-based casinos.<\/p>\n","protected":false},"author":176,"featured_media":777017887,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"East Timor's President, Jos\u00e9 Ramos-Horta, has expressed support for issuing online gambling licenses aimed at foreign markets, while explicitly rejecting land-based casino development. The Virtual Gaming Association of Timor-Leste (VGA) is spearheading this initiative, recommending B2B and B2C licenses by Q2 next year, with regulatory frameworks modelled on Malta and the Isle of Man.","focusai_entities":"Jos\u00e9 Ramos-Horta, Virtual Gaming Association of Timor-Leste (VGA)","focusai_location":"East Timor, Macau, Malta, Isle of Man","focusai_target_profile":"ceo_executive (0.9), regulator (0.9), compliance_legal (0.9), operator_casino (0.9), affiliate_publisher (0.7), marketing_crm (0.7), payments_fraud_aml (0.7), investor_analyst (0.9), supplier_vendor (0.9), journalist_researcher (0.9)","focusai_suggestions":[{"label":"East Timor Regulatory Framework?","query":"What specific aspects of Malta's and the Isle of Man's robust regulatory frameworks will East Timor adopt to ensure comprehensive compliance and attract reputable operators and suppliers?"},{"label":"Market Entry Strategy?","query":"How will East Timor's Virtual Gaming Association (VGA) differentiate its B2B and B2C licensing offerings to attract foreign operators and suppliers amidst established, competitive jurisdictions?"}],"footnotes":""},"categories":[153,16333],"tags":[23911,4138],"class_list":["post-777017858","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-igaming-news","category-south-east-asia-news","tag-gambling-regulation","tag-online-gambling"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777017858","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777017858"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777017858\/revisions"}],"predecessor-version":[{"id":777017874,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777017858\/revisions\/777017874"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777017887"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777017858"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777017858"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777017858"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}