Lebanon casino to expand to iGaming sector
Online casino industry has not been approved in the country yet.
Lebanon.- Casino du Liban has revealed its intentions to expand the business to the online sector with an international partner. The Lebanese casino has proposed a licensing process for this month, although the current gambling regulation does not include the iGaming sector as a legal industry.
Operators of Casino Du Liban have established several conditions to select their emergent partner to deliver an online casino platform, including sports betting and all forms of gaming. International gaming companies interested in the project are able to present their proposals until January 19th.
The companies must have experience on operating iGaming platforms and “should be committed to investing a minimum of US$15 million.” Furthermore, the chosen partner “should be already generating their own revenues of not less than US$650 million, of which 75 percent should be from gaming and gambling activities.”
Gaming industry in Lebanon is exclusively restricted to the Casino du Liban. The company operates legally its casino and now would offer unique content for online gamblers. However, the iGaming services have been blocked in the country and the government has not approved any law referred to it.