Is Gambling Regulated in Liberia?

Liberia a country found on the West African Coast seems to have made strides in matters gambling. Legal gambling first began in 1982 but was later ceased in 1990 owing to an outbreak of the civil war in the 20th century. An Act of legislation in 1993 saw it reopened.

In 2016, the gaming industry opened up to allow sports betting, casino, lotto, and bingo. Gaming Regulation 001 gives (NLA) the National Lottery Authority mandate to oversee all issues on gambling and gaming in the country.

Which forms of gambling are available in Liberia?

Bitcoin gambling
Bitcoin is a form of cryptocurrency which came to be known in 2008. Though little was known about it in the past, it is gradually gaining popularity. Online casinos have embraced bitcoin use as a mode of payment. Players are also allowed to withdraw their winnings in the form of bitcoins. No regulation exists on gambling using bitcoins Liberia.

Online casino gambling
Online casino gambling is legal and regulated by National Lottery Authority. Two brick and mortar casinos exist in Liberia namely Palm Spring Casino and Ocean Casino. They are found in Liberia’s capital, Monrovia. They offer common casino games such as blackjack, poker, roulette and slot machines. As much as online casino operators are required to have permits, some still lack the requisite licenses. Gamers who stake at unlicensed casinos are not prosecuted but risk losing their money to unscrupulous casinos.

Poker has always dominated the casinos when it comes to gambling. The competitive nature of the game seems to have a great appeal to many gamblers. Its popularity also owes to the numerous television broadcasts and championships which entice new players. Seasoned players advise that successful poker playing is attributed to more of skill than luck.

As much as bingo is a widely known game, little information exists on physical bingo dens in Liberia.

Not much is known about Lotteries in Liberia. However, players from Liberia are allowed to participate in lotteries beyond their borders.

Sports Betting in Liberia
Sports betting is quite vibrant in Liberia thanks to its youth. It is regulated by the National Lottery Authority. Online and inland bookmakers are required to have licenses to be in operation.

Top Betting Sites in Liberia
Here is a list of top betting sites in no particular order.

1. 1xBit
1st time players are welcomed to the site with a signup bonus of 7 bitcoins. The minimum deposit is pegged at 1.00mBT.
Payment options: deposit and withdrawal is done using cryptocurrencies such as Bitboat, Happycoins, Belgacoin, BitPanda, Localbitcoins, Mycelium Local Trader, Coinmama, and Crex24.
Features include:
Live streaming-players need to enable Adobe Flash Player to access the high quality streamed videos.
Live betting- allows betting on a sport after it has begun.
Cash-out option-this can be used at pre-matches and live betting events

2. Betway
It has a signup bonus of up to £30 offered only once per new player.
Banking options available
• Supported currencies include EUR, CAD, and GBP, etc.
• It provides 22 deposit options, though only a few are available in each country
• Its minimum deposit is cut off at £5
Deposits and payouts are made through MasterCard, Visa, Electron, Neteller, Skriller, and PayPal
Features include Live betting, live streaming, and cash-out options.

3. Bet365
It is popular for the numerous events and markets it offers. Its features include:
• Wide range of payment options and e-wallets to choose from.
• Supports various currencies like EUR, USD, GBP, CAD, and DKK.
• Deposits and payouts are mainly done via debit and credit cards. Withdrawals are free of charge but bank wires attract a charge of £6.
• It allows for live betting, cash-out options, and live streaming.

4. LSBet
It offers first-time players a 50% bonus on deposit. Tuesdays attract lots of players as it has a deal whereby a €30 deposit triggers 10 free spins. To collect the free bonuses, bettors are required to bet the entire deposit.

Its features include:
• A minimum deposit of €20.
• Payment options used include: debit and credit cards, Skrill, Neteller and Klama
• Deposits can be made via Nordea, Paywik, Boleto, MasterCard, Bank transfer, and Bitcoins.
• Different payout methods have different maturity timelines e.g. Neteller, Ecopayz, TBL withdrawal time is 24 hours. Bank wire transfer and Visa take 3-5 days for withdrawals

5. 22Bet
It welcomes first time players with a bonus of 122%. For a bonus to be activated, a bettor must bet on an event with odds of at least 1.65 or more. Upon claiming the welcome offer, a player has 30 days to play after which they lose it.

Its features include:
• A minimum deposit of €1
• Live betting and cash out options are available
• Deposit and payout options include cryptocurrency and the common MasterCard, Banktransfer, Union Pay, and numerous other methods.

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