Commenting on the development, Betway Chief Operations Officer, Charles Phiri, expressed support for the new regulations, highlighting the importance of protecting young people from the dangers of gambling.
“We fully welcome these developments. Betway is committed to complying with the new regulations, and we will ensure our staff is thoroughly trained on the new rules,” said Phiri.
As part of the revised regulations, operators are also encouraged to launch awareness campaigns that educate the public, particularly the youth, about the risks of gambling.
Some of the newly introduced regulations are Sports betting regulations, National lottery regulations, player protection regulations, internet gaming regulations, advertisement regulations and the electronic monitoring system
Furthermore, MAGLA has established an electronic monitoring system, mandating the integration of all operators to promote compliance and augment transparency throughout the sector.