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Gambling Bill passes specialised vote

     Economy              
  • Luanda • Monday, 15 July de 2024 | 14h30
Reunião conjunta para discussão e votação da lei da actividade de jogos
Reunião conjunta para discussão e votação da lei da actividade de jogos
Pedro Parente-ANGOP

Luanda - The Members of the National Assembly approved Monday in specialised terms, the Gaming Activity Bill, with 38 votes in favour, none against and no abstentions.

According to the rationale, the aim of this reformulation is to establish a legal system for gambling that is better suited to regulating and control of the activity, while safeguarding the defence of the rights legitimate expectations of gaming operators and players.

The premises for regulating and supervising the activity are based on, essentially on the stability of the activity, reinforcement of the concession as a criterion for access, given that gambling is seen throughout the world as an activity reserved for the state.

The premises of regulation and supervision are also based on protection of public order, the legitimate interests of gamblers or the legitimate interests of gamblers or bettors and the reinforcement of the level of literacy of the activity, as well as preventing fraudulent or criminal activities, such as money laundering and money laundering and terrorist financing.

The main innovations emphasise the responsibility of concessionaires and licensed entities for the legality and legality and regularity of the operation and practice of gambling and improve the conditions for profitable and responsible operation are improved.

With this step, the Gaming Act Bill is ready to go to the final global vote.

Speaking to the press, the Secretary of State for Finance and the Treasury, Ottoniel dos Santos

Treasury, Ottoniel dos Santos, explained that the aim of this law is to serve the economy and all the agents who want to use it.

According to the Secretary of State, the law brings the latest best practices and the latest developments in terms of registration, licensing registration, licensing, supervision and tax regime for gaming.

Gaming activity.

With regard to taxes, he said that they will be stipulated in the law with specific niches of the gambling industry itself, which vary with the forecast to be generated in the industry, with rates of 18 and 20 per cent, except for social gaming.

In turn, the rapporteur, João Linea Muhembo, from the 5th Committee on the Economy and

Finance, said that it was a proposal aimed at contributing to the development of the economy.

Committee on the Economy and Finance, said it was a proposal aimed at helping to the diversification of the economy, in terms of revenue outside the oil sector.

"We know that the national economy depends mostly on oil, this approved bill will, in a way, bring in tax revenue," he said. ML/ASS/DAN/DOJ



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