Betting Sites in Cape Verde

The island of Cape Verde gained official independence on the 5th of July 1975 and became a republic. Second Republic was formed in the year 1991. Due to the increased focus on sport and the sound legal environment in which gambling operates, it has become a nation that attracts many gamblers. Whether you are a professional gambler or have just started, knowing the landscape of betting in Cape Verde will be profitable for you. In this blog, we will discuss top betting sites in Cape Verde, legal framework of gambling in the country and how to start.

Betting Sites in Cape Verde

1977: National lottery is legitimated.

2005: The gambling laws that are comprehensive are passed.

2015: saw the passing of the Digital Games of Chance Act.

2017: Casino Royal is launched

2023: Third gaming concession was set up

The Overview of the Gambling Laws in Cape Verde

Cape Verde has a long way in developing the gambling laws of the country. Let’s take a quick trip down memory lane:

  • 1975: Cape Verde became an independent state with effect from 1975 after having being colonized by Portugal.
  • 1977: The Red Cross of Cape Verde received the permit to conduct a national lottery based on Decree-Law No. 76/771.
  • 2005: Gambling started being legal in Vietnam in 2005 under the Law No. 77/VI/2005 dated 24 November 2005, also referred to as the Games of Chance Act.
  • 2015: The law of Digital games of chance was approved (Decreto-Lei nº 73-2015) to ensure that online gambling is not unlawful.
  • 2017: The first and what is currently the only casino in Cape Verde, the Casino Royal, was established in Sal.

Gambling Regulatory Agencies

The gambling business in Cape Verde is controlled by the Cape Verde Gaming Inspection Authority (Serviço Central de Inspeção e Controlo da Atividade de Jogos). This body is in charge of the regulation of both the online and the physical based gambling outlets.

Key Responsibilities:

  • Issuing gambling licenses
  • Conducting regular inspections
  • The requirements of gambling laws
  • Handling complaints and disputes

Prohibited and Permitted Bets

In Cape Verde the law is very much defined on what is legal and what is not concerning gambling.

Permitted Bets:

Sports betting

  • The different kinds of games that are found in casinos (both the virtual and those that are physical).
  • Lotteries
  • Bingo

Prohibited Bets:

  • Political and cultural events whereby people place their bets to earn a profit
  • Unlicensed online gambling platforms

Licenses and Fees of Betting Sites in Cape Verde

Gambling business in Cape Verde can only be run with a license. Here’s a breakdown of the types of licenses available:

Types of Licenses:

  • Gambling is a form of gaming that is conducted online; it includes sports betting and digital casinos.
  • Physical casinos
  • Bingo halls
  • Licenses for gambling on aircrafts and luxury cruises

Licensing Fees:

  • Online gambling licenses are renewed yearly and they are not cheap.
  • The physical casinos usually have an initial payment which may cover for the setup then an annual fee for the continuation.
  • Bingo halls and special license have different fee structures which can be obtained from the Gaming Inspection Authority’s page.

Gambling Taxes

All the gambling operators in Cape Verde are required to pay a fixed amount of money as license fees and not taxes tied to their performance. All forms of gambling are taxed at 20% and for players, this is considered as capital gains.

Best Betting Sites in Cape Verde

For those eager to place their bets, here are the top betting sites that cater to Cape Verdean players:

1. Dafabet Cape Verde

Dafabet

Besides, football, basketball, and tennis are some of the sports that one is able to place his/her bets on at Dafabet. Dafabet has one of the best odds and live betting services and is well-known in Cape Verde.

Up To £130 + £5 Free Bets Visit Site

2. Betmaster Cape Verde

Betmaster

Known for having one of the most simple and convenient interfaces as well as fast payout times. It has a great bonus and promotion system which attracts the local bettors a lot.

Up To £1000 + £10 Free Bets Visit Site

1xBet Cape Verde

1xBet

Offers many types of sports that the players can watch and place their bets on. The website is simple to use and can therefore be used by anyone whether a beginner or a professional in the betting field.

Up To £100 Visit Site

A turning point in sports betting development

Over the years, several milestone events have shaped Cape Verde’s sports betting landscape:

  • 1977: National lottery legalized in 1977.
  • 2005: New and comprehensive gambling laws passed.
  • 2015: Digital Games of Chance Act passed.
  • 2017: Opening of Casino Royal.
  • 2023: Third gaming concession to be opened on the island of São Vicente.

Celebrating Sports Stars

Cape Verde has produced some remarkable athletes who have made significant contributions to sports:

Football:

  • Jorge Andrade (Porto, Juventus)
  • Manchester United and Sporting Lisbon star, Nani.

Athletics:

  • Fernanda Ribeiro – she is the Olympic gold and silver medalist in the 10,000m event.
  • Francis Obikwelu – Olympic Silver and Bronze medalist in the event of 100 meter sprint.

Volleyball:

  • Nuno Pinheiro – The gold medalist at World Championships in the year 2003.

Comparison of laws in neighboring countries

Here’s a brief overview of gambling laws in three neighboring countries:

Senegal:

  • Gambling is legal and there is regulation.
  • The National Lottery of Senegal regulates gambling and its providers and makes sure that everyone follows the law.
  • Some of the forms of gambling that are allowed and commonly practiced by the residents and tourists are casinos and sports betting.

Gambia:

  • The nation has quite a few rules with comparatively low acceptance of gambling.
  • The regulation of the Gambia Gaming industry is done by the Gambia Gaming Board to ensure that every player gets a fair deal and prohibit the activities of gambling which is unlawful.
  • Currently, the number of licensed operators is limited and, as a rule, the gambling services are provided with an emphasis on lotteries and sports betting.

Guinea-Bissau:

  • It is relatively not well controlled in comparison with the other neighboring countries.
  • Casinos and sports betting are well-developed, yet rather unregulated and are not monitored closely by the government.
  • The absence of an enforceable form of law has made the gambling culture in the country rather relaxed and easily accessible to both the residents and tourists.

Conclusion

Cape Verde is among the countries that has created a favorable and legal atmosphere for the business of betting. From legislations to the best betting sites, the country has come a long way in providing safe and fun gambling experience. Depending on whether you are a resident of Cape Verde or a tourist, the world of Cape Verde sports betting is open to you. Find the possibilities, take your risks and who knows what might happen. Well, you never know, you could strike it lucky!

FAQ of Betting Sites in Cape Verde

Related content

Betting Sites in Africa: Best Bookmakers

Betting sites in Egypt

Betting Sites in Egypt

On the 18th of June in 1953 the Republic of Egypt was formed. It became the Arab Republic of Egypt on September 1, 1971. Over the recent past, the sports betting sector and betting sites in Egypt have expanded tremendously ... Read More about Betting Sites in Egypt
Betting Sites in Uganda

Betting Sites in Uganda

Uganda is in east central of Africa with a strategic position at the transitional region between the Congo and East African highlands. In September 1967 the feudal system and kingdom was also done away with and the Republic of Uganda ... Read More about Betting Sites in Uganda
Betting Sites in Guinea-Bissau

Betting Sites in Guinea-Bissau

Guinea-Bissau is a country in western Africa with Senegal to the north, Guinea to the east and south and the Atlantic Ocean to the west. The proclamation of the republic occurred on the 24th of September, 1973. this guide is ... Read More about Betting Sites in Guinea-Bissau
Betting Sites in Angola

Betting Sites in Angola

Among the global population, there are some geographical areas that can be considered as prospective and active in terms of the sports betting industry. Located in the southern part of the African continent, Angola is neighbored by the Democratic Republic ... Read More about Betting Sites in Angola
Betting Sites in Sudan

Betting Sites in Sudan

Sudan, situated in the northeastern part of Africa and occupying the-eastern part of the Sahara desert, became an independent state on the 1st January 1956. It was re-named Democratic Republic of Sudan in 1969 and again renamed as Republic of ... Read More about Betting Sites in Sudan
Betting sites in Burundi

Betting Sites in Burundi

Pierre BUYOYA took over the presidency on September 3, 1987, through a coup thus forming the Third Republic. If you are among the people who love sports betting and gambling especially in this East African nation then it is advisable ... Read More about Betting Sites in Burundi
Betting Sites in Liberia

Betting Sites in Liberia

Liberia is a nation in western Africa. On its north it is sharing its border with Guinea, on the northwest with Sierra Leone and on east with Côte d’Ivoire while on the southwest it has Atlantic Ocean. The sphere of ... Read More about Betting Sites in Liberia
Betting Sites in Gabon

Betting Sites in Gabon

Gabon is a country located in western Central Africa that became the Republic of Gabon on August 17, 1960. We will discuss everything from regular brick-and-mortar casinos to the relatively new online casinos. Focus on sports betting and betting sites ... Read More about Betting Sites in Gabon
Betting Sites in Mali

Betting Sites in Mali

Mali is a landlocked country situated in West African region sharing borders with Algeria in the north, Niger in the east, Burkina Faso and Côte d’Ivoire in the south, Guinea in the southwest. Mali declared independence on February 22, 1960 ... Read More about Betting Sites in Mali
Betting Sites in Equatorial Guinea

Betting Sites in Equatorial Guinea

Equatorial Guinea is central and western Africa with its coast line along the Atlantic Ocean, Cameroon and Gabon to the east and south respectively. On the 12th of October in the year 1968, it formally seeded from Spain and became ... Read More about Betting Sites in Equatorial Guinea
Scroll to Top