Located in the north of South America, Suriname is next to French Guiana to the east, Brazil to the south, and Guyana to the west, with the Atlantic Ocean to the north. The current scenario of sports betting in Suriname is changing and numerous platforms are providing some interesting options for the bettors. It is important to know the laws regarding gambling and locating the best betting sites in Suriname where you can place your bet. This blog post will look at the history of sports betting, the gambling laws, and the best betting sites in Suriname.
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Table of Contents
Summary of Key Events
History of Gambling Laws in Suriname
The history of gambling in Suriname was starting from 1962 when the first gambling law have been created. At first, only the foreigners were allowed to gamble while the locals were not allowed to do so. This was not the case as from the year 1996 when all forms of gambling were legalized and locals were allowed to join in. The laws have been enhanced over the years to ensure that they cover on matters of money laundering and other vices.
Key Historical Milestones
- 1962: First gambling law enacted which only permits the tourists to gamble.
- 1996: All types of gambling permitted to the locals as well as the visitors.
- 2004: New measures introduced to combat money laundering.
- 2009: Gambling Commission established. Responsible for monitoring gambling.
Regulatory of Betting Sites in Suriname
The main regulating authority in the sphere of gambling in Suriname is the Gaming Board. The Gaming Board was formed in 2009 and its mandate includes; licensing of persons, companies and entities, compliance and enforcement of regulations on gaming activities, and promotion of responsive regulation of the gaming industry. There were some problems at the beginning, but the agency has played a crucial role in the provision of safer gambling environment.
Roles of the Gaming Board are as follow;
- Granting of casino licenses, both for the physical and the online based casinos.
- Supervising the adherence to the gambling laws.
- Maintaining the fair play in the market and protecting the consumers.
Prohibited and Permitted Bets in Suriname
In Suriname, the gambling regulations specify which bets are allowed and which are prohibited
- Permitted Bets:
- Betting on most common sports: football, basketball, and cricket.
- Other games of chance such as slots, tables, and poker.
- Lottery games offered by the legal persons.
- Prohibited Bets:
- Unlicensed online gambling platforms.
- Placing a bet on any and all activities that are forbidden by the Gaming Board.
- Below are the legal and safe betting regulations that every bettor needs to know so that they can be on the right side of the law.
Types of Permitted Bets
- Football, basketball and others (Sports betting).
- There are such categories of games as slots, poker, roulette in casinos.
- Lotteries
Licenses, Fees and Taxes in Suriname
In order to get a gambling license in Suriname, one has to go through a rather strict procedure regulated by the Gaming Board. The key details include:
Types of Licenses:
- Land-based casino licenses.
- Online gambling licenses.
- Lottery operation licenses.
License Fees:
- Slot machine license: S/400 per device per month.
- Gambling table license: S/ 3,000 per table, per month.
- Roulette table license: For this the client will be required to pay 4,000 SRD per table per month.
Gambling Taxes:
- Lottery tax on tickets and prizes: The early withdrawal fee is half of the total prize amount, namely 20%.
- An extra of 10% tax on every won of the prize to be received.
- 15% tax on lotteries which are social or charitable in nature.
These fees and taxes are important in order to sustain the rule and check of the gambling business in Suriname.
Best Betting Sites in Suriname
There is a number of betting sites that are legal in Suriname and they provide the refugees with a number of choices for sports betting and casino games. The best options can be divided into two groups: Pasha Global and Suribet, both of them are licensed by the Gaming Board.
Top Betting Sites
22Bet
22Bet: This is famous for its numerous sport event betting options and the simple and convenient navigation.
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1xBet
1xBet: is reputable for providing a vast number of betting options and special offers for newcomers.
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20Bet
20Bet: Has a clean design with great focus on odds and payouts, as well as fast withdrawal times.
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Milestone Events in Suriname Sports
There are numerous towering events in the history of Suriname in the sphere of sports which make the sports culture of the country diverse. From football to cricket, these events have earned and fetched fame and pride to the nation.
Notable Events
- 1988: Anthony Nesty gets a gold medal in the 100m butterfly event of the Seoul Olympic games.
- 2000: The Suriname national football team achieves the semi-final of the CONCACAF Gold Cup.
- 2007: Erison Hurtault gets a bronze in the 400 m at the World Championships.
- 2012: Troy Doris sets the stage for Guyana’s first Olympic medal winning a bronze in the triple jump in London.
- 2021: Suriname cricket team defeats Canada to become the ICC Americas Championship winner.
Sports Star Glory
Suriname like any other nation has its sportsmen and women who have achieved their fame on the international arena. These athletes have achieved great feats in their sports; from football to the Olympics, they have given their best.
Prominent Athletes
- Anthony Nesty: he is an Olympic gold and bronze medalist in swimming.
- Frank Rijkaard: A famous footballer and the former Dutch national team representative.
- Patrick Kluivert: Famous Dutch footballer, who has played for many famous European teams.
Gambling Laws in Neighboring Countries
Suriname shares borders with several countries, each with its own gambling laws and regulatory agencies:
French Guiana:
- Subject to the regulation of the French government.
- Tight regulation of the casinos and betting shops as well as their licensing.
Brazil:
- Most of the types of gambling are prohibited; only state lotteries and some types of online betting are allowed.
- Supervision by the Ministry of Economy and the Federal Service for Supervision of Communications, Information Technologies and Mass Media.
Guyana:
- The Guyana Gaming Authority regulates each of the aforesaid types of gambling.
- The types of gambling allowed by law are casinos, lotteries, and betting on sports.
Knowing the rules of gambling in neighboring countries gives a wider view on the regional situation with gambling.
Conclusion
To do this, it is necessary to look at the history of sports betting in Suriname, its legalities, and the best sites to use. Thus, knowing the trends and selecting the proper resources, you can get a lot of pleasure from betting with no threats. For more detailed information and professional advice, it is recommended to contact local government bodies or to turn to the Internet resources themed on Suriname sports betting.
FQA About Betting Sites in Suriname
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