Adopted under the Article 5, subparagraph b) of Law no. 77/VI/2005, of 16th August, which provides the gambling legal framework, the Decree no. 1/2017, of 9th January, establishes the basic rules on the various gambling games, showing that this could be an important vehicle in terms of fostering the private investment in Cape Verde.
The diploma aims to “consolidate the investment, contractualisation and licensing of the sector”, providing “the necessary operative tools and further conditions for the opening, during this year, of the first national casino in Sal gambling zone”, in particular basic rules of gambling and betting games legally allowed.
In addition to the various gambling games regulated under Law no. 77/VI/2005, of 16th August, the decree leaves open the possibility for the concession companies or license holders to operate gambling games to propose new gambling modalities, as well new rules regarding the already regulated ones.