Equatorial Guinea Issues Master iGaming License
The Government of Equatorial Guinea has granted its first master license, No. 0107-LE025-BN, to Cyprus-based company Mascott Capital Partners.
Purpose of the New Licensing Regime
This move is part of Equatorial Guinea’s broader strategy to develop its online gambling sector and attract foreign investment.
According to the Ministry of Tourism and Tourist Infrastructure, the decision complies with Law No. 2/1995 and Tax Law No. 10/2017.
The new licensing framework aims to:
- Create a transparent and secure gaming environment
- Boost national tax revenues
- Combat illegal gambling operations
- Support the growth of the digital economy
How the Mascott Capital Partners License Works
Mascott Capital Partners operates a digital platform that enables international B2C operators to apply for licenses in the following verticals:
- Online gambling
- Online sports betting
- Online casino
The company uses its proprietary software system to centrally manage licenses and ensure full compliance with Equatorial Guinea’s legal framework.
The first license was officially issued on July 28, 2025.
Operator Requirements
All operators under the new license regime must meet strict regulatory standards:
| Requirement | Description |
|---|---|
| Financial Reporting | Maintain documentation for at least 5 years |
| AML Compliance | Verify user identities and report suspicious transactions |
| Minor Protection | Mandatory age verification |
| Bonus Transparency | Provide clear terms and conditions for all offers |
| Responsible Gaming | Restrict access for vulnerable groups |
| Auditing | Undergo regular operational audits |
A Next-Generation Jurisdiction
Equatorial Guinea is positioning itself as a credible alternative to Curaçao and Anjouan—two established iGaming jurisdictions.
Authorities say the new platform aligns with international standards for player protection and business transparency.
Key benefits of the new jurisdiction include:
- Streamlined application process
- Investor safeguards
- Monitored financial operations
- Full B2C operator support
- State-backed legal framework and oversight
Global Impact and Outlook
This licensing initiative opens the door for international brands looking to operate under a regulated African jurisdiction. It provides new opportunities for the growth of both local and global iGaming markets.
Equatorial Guinea is strengthening its presence on the global gambling map by offering:
- Legal protection for operators and players
- Digital infrastructure powered by Mascott
- Government support and regulation
- Full compliance and business transparency
Conclusion
The master license granted to Mascott Capital Partners marks a new chapter for regulated online gambling in Equatorial Guinea.
The country is embracing transparency, security, and investment appeal to compete with leading gaming jurisdictions worldwide.