Rwanda's Development Board Temporarily Revokes the Gaming License of Kings Bet Ltd
In a significant move to maintain the integrity of Rwanda's gambling sector, the Rwanda Development Board (RDB) has temporarily suspended the Category D Sportsbook gaming license held by Kings Bet Ltd. The decision comes in response to persistent violations of Law No. 58/2011 Governing Gaming Activities and directives issued by the RDB.
The RDB, the national regulator for lottery and gambling activities in Rwanda, has reiterated the importance of strict adherence to the scope of licensed activities for all gambling operators. Any continued operation by Kings Bet Ltd after this notification is unlawful and may result in rigorous enforcement actions, including suspension or revocation of their gaming license.
Engaging in unlicensed or unauthorized activities in Rwanda's gambling sector is illegal. The RDB's actions aim to ensure the continued legality and integrity of gambling activities in the country. All licensed operators are required to comply fully with the terms of their licenses to avoid legal consequences.
The RDB has temporarily suspended the issuance of new gaming licenses as part of its commitment to enhancing policies for increased protection and regulation within the gambling sector. The public is advised to avoid participating in gambling activities offered by Kings Bet Ltd until further notice from the RDB.
The RDB's decisive action against Kings Bet Ltd is not an isolated incident. The authority has shown its dedication to maintaining the integrity of the gambling sector, protecting consumers, and ensuring compliance with national laws. The public is strongly advised not to participate in any games or betting activities offered by Kings Bet Ltd until further notice.
Additional enforcement measures, including the permanent revocation of its license, may be taken if Kings Bet Ltd continues to operate. The RDB continues its efforts to improve player safeguards and implement stronger regulations within the gambling sector.
The RDB's commitment to the gambling sector includes enhancing policies for increased protection and regulation. The public is encouraged to support these efforts by adhering to the rules and regulations set forth by the RDB. For the latest updates and information regarding the gambling sector in Rwanda, visitors are advised to visit the RDB's official website.
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