Equatorial Guinea has taken a significant step toward reshaping its economy by entering the international online gaming arena. The country has issued its first official online gaming licence to Cyprus-based firm Mascott Capital Partners, laying the groundwork for a regulated digital gambling framework. This move positions Equatorial Guinea among a small but growing group of African nations seeking to tap into the booming iGaming sector.

This landmark development, announced via the government’s official channels, introduces a structured legal framework for online casinos, sports betting, and digital gaming. The initiative is intended to attract foreign investment, regulate gambling activity, and transition the country toward a more diversified, digital-driven economy in line with its broader Horizon 2035 plan.

A Strategic Move Toward Digital Transformation

The awarding of the licence was carried out under the authority of Antonio-Pedro Oliveira Burupu, Minister of Tourism and Tourism Infrastructure, in accordance with Law No. 2/1995, which governs recreational gaming, and Law No. 10/2017, which addresses fiscal reforms and tax obligations.

“The launch of online gaming, online betting, and online casinos in Equatorial Guinea is one of the most significant measures taken by gaming regulators in the country’s history and Mascott Capital Partners’ digital platform will assist in submitting online gaming licence applications,” said Burupu, according to Africa Briefing.

The government underscored the licence as a cornerstone of its economic diversification strategy. This framework not only opens the door to new income streams, including licensing fees and taxation, but also paves the way for job creation in the technology and digital services sectors.

Mascott Capital to Lead Regulatory Operations

Mascott Capital Partners has been appointed the primary licensing and compliance partner. Through a proprietary digital platform, the company will oversee application processing, compliance monitoring, and the onboarding of international gaming companies.

“We are proud to collaborate with the Equatorial Guinea Ministry of Tourism and Tourism Infrastructures to consolidate this partnership. It aligns with our philosophy of operating responsibly in strategic emerging markets while supporting joint economic growth,” Mascott Capital stated.

The company also highlighted its commitment to enhancing the country’s regulatory standards: “This partnership will foster a culture of excellence and innovation in Equatorial Guinea’s gambling sector, driving its laws and regulatory practices towards best-in-class international standards for online gaming, betting and casino services.”

Building Investor Trust Through Regulatory Credibility

The licence (number 0107‑LE025‑BN) is tied to a rigorous set of compliance requirements that align with global best practices. These include mandatory age verification, robust anti-money laundering (AML) mechanisms, routine financial audits, and clear messaging on responsible gambling. Operators must also maintain long-term financial records and ensure the protection of player funds.

Such measures aim to reassure investors and players alike, boosting the jurisdiction’s credibility and distinguishing it from less-regulated markets. The government is optimistic that Equatorial Guinea can become a competitive alternative to established iGaming hubs like Malta, Gibraltar, and the Isle of Man.

Positioning for Continental Leadership in Online Gambling

By entering the online gaming sector, Equatorial Guinea joins other African nations such as South Africa, Nigeria, and Kenya that have begun regulating digital gambling markets. However, the country is taking a more structured and internationally aligned approach, hoping to emerge as Central Africa’s first fully regulated iGaming jurisdiction.

Officials also view this move as a chance to counter illegal offshore gambling operators that target African users without adhering to consumer protection norms. If effectively enforced, Equatorial Guinea’s framework could set a new regional standard and attract operators looking to expand into underdeveloped yet high-potential African markets.

The government explicitly stated its goal of becoming a credible offshore licensing destination, comparable to Curaçao and Anjouan. Its digital framework not only facilitates licensing but also ensures continuous oversight and enforcement.

Next Steps in the Nation’s Digital Evolution

Mascott Capital will soon release a list of its authorized agents and approved international partners, formalizing the next phase of regulatory operations. As the country continues to invest in infrastructure and governance, the online gaming licence programme is expected to serve as a launchpad for wider digital transformation.

The government’s vision extends beyond revenue generation. It aims to reshape Equatorial Guinea’s image—from that of a petroleum-dependent nation to a forward-thinking, technology-driven economy. With the global iGaming market projected to expand significantly, this move may redefine Equatorial Guinea’s role in both regional and international investment landscapes.