Betting Sites in Guinea

One country situated on the west coast of West Africa and neighbours with Guinea- Bissau, Senegal and Mali to the north, Côte d’Ivoire to the east and Sierra Leone and Liberia in the south. in the present generation, betting websites have been designed to enable people to bet professionally on games of their choice through the internet. Let’s learn everything concerning betting sites in Guinea and the world of sports betting starting with the legal betting age and ending with the favorite sporting events in the gambling industry of Guinea.

best Betting Sites in Guinea

1959: Guinea outlaws gambling and other forms of betting.

2000: Establishment of LONAGUI.

2017: Launching of the Games of Guinea.

2015: Guinea qualifies to the Africa Cup of Nations quarter-finals.

2019: Qualifies again for the Africa Cup of Nations again;

History of Legalized Gambling in Guinea

Betting had been legal in Guinea since 1959 after it gained its independence from France. As implicitly mentioned, French gambling laws played a role in shaping the first time position regarding the games of chance. In the following decades, it established its gambling law to legislate the operations of the gambling sector in Guinea.

  • 1959: creation of Guinea and first legal frameworks of gambling.
  • 2000: state established the Loterie Nationale de Guinée (LONAGUI) which was awarded monopoly power in certain categories of gambling.
  • 2017: Entry and establishment of the first Internet betting and gambling firm in Guinea known as Guinea Games through the firm of La Guinéenne des Jeux SA.

Guinea’s existing gambling regulatory body

The chief government agency arising the gambling activities in Guinea is Ministry of Economy, Finance, and Planning. They are the legally mandated agents that grant licences for the business, oversee the running of the business, and guarantee adherence to the law.

  • Loterie Nationale de Guinée (LONAGUI): This is a state lotteries which operates under theLotterie Nationale de Guinée and has the exclusive right to some of the gambling activities.
  • Department of Economy, Finance and Planning: this is the main department that is in charge of centralizing the gambling sector, issuing the licenses, as well as supervising the activity of licenses holders.

Regulation and Tax of Betting Sites in Guinea

The legal options for betting in Guinea include the following as other forms are banned under the country’s laws to avoid problem gambling and to keep a close check on the activities. Here’s a breakdown:

Permitted Bets:

  • State-controlled lottery
  • Keno
  • Scratchcards and pull tabs
  • The French PMU agency betting on horse racing
  • Casino games (accompanied by hotels)
  • Sport betting also falling under the same category as casino, virtual sports, online lottery and among others.

Prohibited Bets:

  • Any and all unlawful activities in the gambling industry
  • Unauthorized online gambling platforms
  • Licences and Fees related to gambling in Guinea

Licenses and fees

  • License Types: Lottery licenses for the use of the LONAGUI (exclusively)
  • Casino license: Online gambling licenses are also available but they are available in limited numbers.

Fees and Taxes:

  • Licensing fees vary depending on the type of gambling business.
  • The tax rates applicable to gambling are not declared in the public domain.

For the following reasons, some betting sites have attracted the attention of Guinean bettors: the proposed platform, the number of available sports markets, bonuses.

1xBet

1xBet

The betting platform that can be attributed to the country of Guinea is called 1xBet. It provides numerous sports and events/ This website guarantees a safe site with high encrypted means.

Up To £100 Visit Site

22Bet

22Bet

Another famous site is 22Bet that is popular in Guinea offering a great number of sports markets and generous coefficients.

Up to £122 Visit Site

Betandyou

Betandyou

Betrandyou targets lovers of sports betting services and products and offers variety of virtual sports betting games.

Up To £120 + £30 Free Bets Visit Site

Important events in Guinean sports history

Guinea has shocked the globe with several significant incidents in the course of sport and betting, thus Guinea is among those nations with a rich eagerness for sport.

  • 1976: For the first time in its history, Guinea’s national football team also known as Syli Nationale participated and emerged second in the Africa Cup Nation.
  • 2014 – 2015: Gets to the quarter final stage of the AFCON.
  • 2017: Guinea Games enters the market of licensed online gambling in Guinea.
  • 2019: Reaches the tournament that determines the African champion after missing the event for 12 years.
  • 2020: expansion of the sector and the accessibility in Guinea throughout the internet.

Famous Sports Triumph in Guinea

Guinea has chuffed Africa’s finest athletes who obtained international reputation and honor within the nation.

  • Naby Keita: Contestant of Liverpool FC who plays the position of midfielders. He had earlier won the becoming the 2017 African Player of the Year.
  • Mory Kante: An athlete, who won a gold medal in long jump at the Olympics held in 1988.
  • Mamadou Gueye: Medalist of the 1984 Summer Olympics in Los Angeles, California, United States who won the gold medal in the men’s 400m hurdles competition.

Neighboring Countries’ Laws Regulating Gambling

The format of gambling differs from one country to another in the Guinea neighbours due to difference in law and regulating authorities.

Senegal:

  • To some extent legal with a high level of regulation under the Ministry of the Interior.
  • Lottery, sport betting and casinos for example can be categorized under popular ones.

Mali:

  • There are 3 legal forms of gambling that are lotteries, betting on sports and casinos.
  • Working under the Ministry of Territorial Administration and Decentralization.

Côte d’Ivoire:

  • Gambling affairs are regulated by the national lottery called LONACI.
  • There are legal forms, which should establish such activities as lottery, sports betting, and casino.

Conclusion

Guinea and Ghana betting sites and sport betting enterprise holds great prospects for both, the bettors as well as the sports fanatics. The history, laws, and most acknowledged sites enable one to make proper decisions and thus have great fun and safe betting.

FAQ about Betting Sites in Guinea

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