Uzbekistan, home to 36.8 million people, is gearing up to launch regulated gambling in 2025!
Big News from Uzbekistan! President Shavkat Mirziyoyev has just signed a historic decree, ending a 17-year ban on gambling and paving the way for regulated gambling in 2025! Get ready for a new era of entertainment and economic growth as Uzbekistan embraces online gambling, sports betting, and lotteries starting January 1, 2025.
Under the new regulations, the market will welcome both residents and non-residents over the age of 18, ensuring a fair and inclusive gaming environment. The Prospective Projects National Agency (NAPP) will oversee the industry’s development, issuing licenses and ensuring compliance with strict anti-money laundering measures.
Excitingly, operators will be taxed at just 4% of revenue after deducting winnings, making it an attractive prospect for both investors and players alike. Plus, customer winnings will be exempt from income tax, adding to the appeal of this burgeoning market.
While past attempts to re-regulate gambling have faced challenges, President Mirziyoyev’s decisive action signals a new chapter for Uzbekistan. Stay tuned for more updates as this dynamic nation embraces the future of gaming!
