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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.
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More information about Mongolia – Online Casinos & Gambling Regulations
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.
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.
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.
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.
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.