Mongolia, traditionally reliant on mining and agriculture, is exploring the legalization of online gambling as a way to diversify its economy. The proposed legislation would establish a regulatory framework to attract foreign operators while ensuring consumer protection and responsible gambling practices.
Proponents argue that legalizing online gambling could generate significant revenue and create jobs, particularly in the tech sector. However, critics warn of potential social consequences, including addiction and financial exploitation. The government is expected to make a decision in early 2025, following consultations with stakeholders and international experts.
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