Kazakhstan is one of the countries in central Asia with its neighbors being Russia to the North, Uzbekistan, Turkmenistan and Kyrgyzstan to the South, the Caspian Sea to the West and China to the East. Kazakhstan obtained the state independence on December 16, 1991. Combining the elements of the passion for traditional sports and advances in the world of the Internet, the topic of sports betting in Kazakhstan has become of interest to many people. Here, the reader will discover the history, the rules, the most famous betting sites in Kazakhstan, and much more.
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Table of Contents
Summary of Key Events
History of Legalization of Gambling in Kazakhstan
The legal framework of gambling in Kazakhstan has been either liberalized or tightened up in the course of time. The basis of the present legal regulation can be dated back to the law of 2007 entitled “On Gambling Business”.
Introduction and Major Legal Acts
- Pre-2007: This means that gambling was taking place in a rather uncontrolled manner.
- 2007: The new law known as the “On Gambling Business” law was enacted which governed all the facets of gambling business.
- 2020: It is necessary to note that the further amendments aimed at regulating online gambling were made through the Betting Accounting Center.
These milestones depict the aspect of the country’s commitment to the economic development of the nation while at the same time being socially conscious.
Regulators ensure fair competition
Kazakhstan’s gambling business is rather tightly regulated and the responsibility for the regulation lies with several authorities.
Key Regulatory Bodies
- Ministry of Culture and Sports: The major legal and supervising entity.
- Ministry of Digitization: Serves in regulating the online gambling activities.
- Committee for Combating Economic Crime: Responsible for compliance and punitive measures on the unlawful operators.
These agencies cooperate to provide the clients with the proper and clear conditions of the gambling activities.
Knowing What is Allowed and What is Forbidden in Betting
The government has articulated well on which activities are permissible and which ones are not in the gambling industry.
What is Allowed to be Bet On
- Sports Events: Sports like football, tennis, basketball and many others.
- Horse Racing: Locals’ favourite.
- Virtual Sports: Coming out as the most preferred.
What’s Off-Limits
- Unauthorized Online Platforms: Prohibited in any way possible.
- Unlicensed Casinos: It is only allowed in certain areas only.
This differentiation is useful for the protection of the bettors’ interests.
Licenses and Fees of Betting Sites in Kazakhstan
To set up a gambling business in Kazakhstan one has to endure a rather strict procedure of obtaining the license.
Types of Licenses
- Casino License: For the physical casino operations:
- Bookmaker License: Sports betting shops.
- Online Betting License: In the case of the digital platforms.
Licensing Fees
- Casinos: Approx. $23,520 per year.
- Bookmakers: Approx. $3,900 per year.
Such fees act as a filter which only allows only those who are serious and have sufficient capital to operate.
Best Betting Sites in Kazakhstan
Currently, there are some betting sites that have become popular in Kazakhstan and the companies provide a number of services depending on the user’s interest in betting.
Top Betting Platforms
22Bet
22Bet: Being one of the youngest yet very popular platforms for sports activities, 22Bet is a perfect place for a sports betting enthusiast to place his or her bets on various events that take place worldwide.
Up to £122
Dafabet
Dafabet: Dafabet is one of the top betting sites with many sports and e-sports markets available, its interface is rather simple and offers a good number of betting options for both typical sports and e-sports events.
Up To £130 + £5 Free Bets
1xBet
1xBet: This platform has high odds and will help the bettor to get better profits on his or her bets, besides, this site has a highly developed online casino with a large number of games and possibilities for betting for beginners and professionals.
Up To £100
These platforms are easy to use and provide reliable services to the clients that are why they are popular.
Sign of Sports Development in Kazakhstan
There are several important events that have taken place in Kazakhstan to define the sports betting industry.
Key events in sports events
- 2002: Women’s rugby team of Kazakhstan clinched the title of Asian Championship.
- 2011: Welcome to Astana which hosted the Winter Asian Games.
- 2014: Denis Ten got the third place and won the bronze medal in the Sochi Olympics.
These have not only raised the morale of the nation but also increased betting.
Celebrating Sports Star Glory
Many celebrities have been created in the world of sports, which became pride of Kazakhstan.
Notable Athletes
- Olga Rypakova: Triple jumper and an Olympic gold medalist.
- Gennady Golovkin: Mma fighter, I think you are confusing him with the world champion boxer.
- Alexander Vinokourov: One of the gold medallist in cycling at the olympics.
They have not ceased to amaze the world and draw more and more betters to the world of sports betting.
Gambling Regulation in Neighboring Countries
The neighboring countries of Kazakhstan also have their own specific policies regarding the gambling activities.
Russia
- Regulation: Very strict measures with only a few legal ways of placing a bet.
- Licensing: Expensive charges and highly strict procedures of check and verification.
Uzbekistan
- Regulation: Legalized recently with the emphasis on the internet betting.
- Licensing: Low charges to lure operators.
Turkmenistan
- Regulation: Very prohibitive and practically all forms of gambling are prohibited in the country.
- Licensing: Few opportunities because of the rigid laws existing in the society.
The following comparisons illustrate the country’s approach to regulation as moderate.
Conclusion
It is imperative to look at the sports betting industry of Kazakhstan and see how it brews history, rules, and enthusiasm. Thus, for business agents and organizations willing to apply AI in their operations, understanding this sort of a regulated and developing market can be highly beneficial. Kazakhstan is a perfect place for sports betting whether you are a beginner or a professional because there is a clear structure of how everything works.
Guideline for Betting Sites in Kazakhstan
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