The Chairperson of the Gambling Authority, Marvin Torto, has announced a major development in Botswana’s gambling industry, revealing the issuance of multiple licenses aimed at revitalizing the sector.
Speaking to journalists this week, Torto shared that after the Authority issued a Request for Applications in 2023, they received 16 applications for Betting and another 16 for Limited Payout Machine (LPM) licenses. Following this, a compulsory applicant conference was held, drawing representatives from 77 companies.
The high turnout, according to Torto, demonstrated the importance of the gambling sector’s growth in Botswana.
“After a thorough investigation and evaluation process, which included public inspections and hearings, 10 companies were granted Betting Licenses, while 6 were awarded LPM licenses,” he revealed.
