In Lebanon, there is only one casino in operation, the Casino du Liban. The venue is quite ambitious and wants to provide not only land based gaming but also options online. The casino is currently looking for technical assistance as they plan to launch a new online gambling website.
Just yesterday, Business News Lebanon reported that the casino had launched a public tender to invite technology firms to partner with them in regards to online gaming. The platform the casino plans to offer would include all forms of gaming as well as sports betting. The report did not include when the tender began but it is supposed to close on the 19th of January. A proposal will need to be sent by any interested company quickly to be able to be considered by the casino.
Any bidder will have to be able to show they have experience in providing technology for online gambling plus be able to meet financial restrictions. According to the tender, all applicants must be already generating their own revenues that are equal to $650 million or more. 75% of this amount should be due to gaming and gambling.
The winning bidder will have to be willing to invest no less than $15 million in the new platform for Casino du Liban. It is yet to be seen how the plan to go online by the gaming venue will be received locally.
The casino has been the only gambling offering in Lebanon since 1995, an area where there is not a law restricting online gambling. Back in 2013, the government decided to stop the internet service providers of the nation from allowing domains of international online gambling sites that they claimed were infringing on the monopoly of the casino.
The casino actually opened in 1959 but closed in 1989 due to violence in the country. The casino would reopen in 1996 after a refurbishment took place. London Clubs International is the manager of the property which is a division of Caesars Entertainment.