Mongolia – Online Casinos & Gambling Regulations
Mongolia is a sovereign country located between the regions of East Asia and Central Asia. It borders Russia to the north and China to the south. Its capital is Ulaanbaatar, where half of the total population resides. The country has a long history when it comes to gambling regulations. But so far, they have failed to produce any meaningful legal framework. In recent years, the acceptance of the idea to legalize gambling in the country found a lot of support from the public and the majority of government officials.
Find the Best Mongolian Casino Online
At the time of writing, Mongolian players have very limited choices when it comes to casinos and gambling in general. There is not a single brick and mortar casino in the whole country, as the government couldn’t come to an agreement on this topic as of yet. The good news is that it is relatively easy to find suitable alternatives online. Mongolia itself does not host any online casinos at the moment but there are plenty of foreign casino operators accepting players from this region. Since the online casino market is unregulated, it is technically not illegal to play at an online casino that is licensed abroad. Here are some things to know before signing up:
- Check the jurisdiction of the online casino
- Does the casino accept players from Mongolia?
- Do you have access to the accepted payment methods?
- Is the casino properly licensed to ensure fair gaming?
- Be aware of the legal situation and the risk involved
- The minimum age in most online casinos is 18+
We suggest having a look at the GoodLuckMate top list in order to find the best international online casinos that accept players from Mongolia.
Gambling Regulation
The legal situation of gambling and casinos in Mongolia is relatively simple but somewhat complicated at the same time. Right now, land-based casinos are illegal in the whole country. Over the last couple of years, government officials discussed this topic on numerous occasions and softened their stance quite a bit. Especially after they could observe the great success of Macao, which is a Special Administrative Region of the People's Republic of China. Macao is the gambling capital of Asia and attracts more and more wealthy individuals from abroad, thus bringing a lot of money into the local economy. This has sparked interest within Mongolia. Plans are, therefore, on the horizon to legalize gambling in an effort to attract rich players from their neighboring country of Russia.
On the other hand, there is the online casino market, which is completely unregulated, in Mongolia already. Since the country doesn’t issue any license for online gambling due to a lack of regulations, no online casinos are located here. It is, technically speaking, not illegal to play online, however. This opens the door for foreign casino operators. Mongolian citizens can participate in gambling at foreign online casinos without any restrictions.
Localized Online Casinos
If you intend to play at an online casino that is licensed abroad, you shouldn’t expect any localization for Mongolia. As Mongolia is a gray market, casino operators do not specifically cater to the players from this area. Customer support in Mongolian won’t be available either, so you have to make do with support in English, or possibly Russian or Chinese at certain sites. The same is true for the site language at most casinos. Payment solutions are mostly designed for the international market. This includes commonly used deposit methods such as bank transfers, credit cards, eWallets, and sometimes even cryptocurrencies such as Bitcoin, Litecoin, and Ethereum, to name but a few.
New players can take advantage of a generous welcome bonus that is available for customers from most countries. It is always a good idea to take a look at the bonus terms and the general terms and conditions first to make sure that players from your area are eligible for promotions before signing up for a new online casino account.
Gambling with Mongolian tögrög
Unfortunately, we are not aware of any online casinos where you play in Mongolian tögrög. Most platforms usually accept euros, US dollars, and some other local currencies of officially supported markets in some cases. This is not a big problem, however. You’ll still be able to use most of your regular payment methods in your local currency. For example, you can make deposits and withdrawal with your Mongolian tögrög credit card at an online casino that only supports euros. The only downside is that your bank or credit card provider might charge you a relatively small currency conversion fee each and every time you deposit or withdraw.
Casinos in Mongolia
We previously mentioned that land-based casinos and gambling are currently illegal throughout Mongolia. For that reason, you won’t able to find any officially licensed brick-and-mortar casinos in this country. This might change in the near future, however, as the government is openly discussing the legalization of gambling. The only form of gambling that is available offline is the state-run lottery. Tickets can be purchased at a multitude of outlets in nearly every city. Online casinos that are open for players from Mongolia are commonly situated in Malta, Gibraltar, Kahnawake, or Curaçao. Some of them are also based in Panama, Costa Rica, and Belize.
Dispute resolution – can I get help from a third party?
A gambling license is intended to protect players, and one of its main functions is to provide a mechanism for resolving disputes when they come up. If you have a dispute with a casino, and the casino is being unreasonable, the gambling authority will help you. For many licenses, this means you can contact the gambling authority to get help processing your withdrawals, claiming money the casino has debited from your account, or resolving other disputes that might arise. The likelihood that the gambling authority will help you in ways that are effective, however, depends on the procedures they have in place for this. This is yet another reason why choosing to play at a casino that has a safe license is important.
Getting help directly from the gambling authority is not always necessary, or even an option. A lot of regulators have now enforced third-party dispute resolution. This means casinos must have an agreement with an arbitrator who will look into disputes on the behalf of players from a particular casino. This ensures your dispute will be reviewed by an objective third party. All trusted online casinos have information about arbitration on their websites if they use this option, or they’ll have the contact information for the gambling authority you should consult. However, you should always try to resolve your issues with the casino first, and a lot of casinos have separate email addresses specifically for handling complaints.
Secure payments – can I trust a casino with my money?
If you’re worried about the security of the transactions you’re making at a casino, you should look for a logo with the acronym PCI DSS. This stands for Payment Card Industry Data Security Standard, and this is something the payment industry has created. If you see this logo, it means the casino can be trusted for safe money transactions since they follow all of the rules set by the payment industry. Information about this can also be found in an FAQ section on the casino’s website.
Another thing to look out for in terms of payments is where your money is kept while you play. Some gambling authorities, all of the best ones actually, regulate what the casino can do with your money while they are holding it. Your money shouldn’t go into a general bank account held by the casino; it should go into an account that is strictly for holding player funds. This means that as long as you have the money in your player account, it can’t be spent by the casino. Your deposit will be kept separate from the operating funds of the casino until your player account is empty, which will happen if you make a funds withdrawal or if you lose the money while playing.Fair gaming – do the games give me a fair chance to win?
The best known system tool for ensuring that a casino offers fair games is eCogra; however, there are other providers that also offer these kinds of systems. You want to make sure that the casino is using a certified third-party control system to ensure that the games of chance you’re playing are actually based on chance and not on other types of metrics. Rigged games are ones that have been set up to pay out less than they claim to or ones that give some players a greater chance of winning than others.
The eCogra logo can often be found in the footer of the casino’s website, but not all casinos choose to display it. If you can’t see this logo, go to the FAQs and see if you can find information about random number generators. If there are no FAQs on the site, check out their terms and conditions or contact the casino’s support and ask how they ensure their games are safe.
Encrypted website – how is my information kept safe?
An SSL-encrypted website should be mandatory for any casino, and very few casinos operate without this or similar safe encryption features. Always keep in mind that you are giving the casino quite a bit of sensitive information, including your payment details. When you’re uploading and sending documents to verify your identity, you want to make sure that no unauthorized third-party has access to them. Site security, therefore, doesn’t only include the website itself but also what the casino does on the backend. You should always look into a casino’s data security. You’ll normally find information about this in their terms and conditions and their privacy policy. If in doubt, contact their support and ask for more detailed information.
Most trustworthy casinos have information about site security in the website footer, so simply scroll down and look for the logo of a well-known security system.
Gambling license – can I play at a casino from my country?
The gambling license a casino operates under will have a big impact on your security. Not all licenses are equally safe for players for the simple reason that they are issued by different gambling authorities that work in different ways and have different rules. The rules and regulations may be quite similar, but the way they are enforced is a different story entirely. For example, if a casino doesn’t comply with the regulations, some gambling authorities may just issue a fine while others may revoke the casino’s license outright. How often gambling authorities show up for an unscheduled inspection or control will also vary.
The biggest differences between a safe, high quality gambling license and one that isn’t as good will usually show up in the areas of fair gaming, dispute resolution and the rules and systems for identifying and handling problem gamblers (responsible gambling). If your country of residence has its own gambling authority, playing at casinos that are licensed by them will be the safest option for you. Other international licenses that can be trusted are issued by the Malta Gambling Authority and the Gibraltar Regulatory Authority. Curacao eGaming is getting better at protecting players whereas licenses from Panama and Costa Rica, for instance, are considered less safe. The worst option is obviously a casino with no license whatsoever.
Our casino experts have tried and tested all aspects of each and every casino, so you can feel confident when signing up.
