During its regular session on March 6, 2025, the Cabinet of Mongolia decided to submit a draft Law to Amend the Law on Permits to ban betting, gambling, and online gambling except sports betting to the State Great Khural urgently.
Minister of Mongolia, Chief Cabinet Secretary Uchral Nyam-Osor noted, “According to a survey conducted by the National Statistics Committee, 200 economic crimes were registered in 2023, amounting to a loss of MNT 417.2 billion as of 2024. Mainly young people aged 18-39 were involved in these crimes. Financial investigation data shows that MNT 1.7 trillion or USD 500 million have been transferred from Mongolia to foreign countries. Although the Communications Regulatory Commission has restricted access to 6,000 domain addresses that conduct online gambling, these sites have changed their links and are still operating. Moreover, the Antimonopoly Agency has imposed fines on law-breaking enterprises, but according to the laws in force, the penalty amounted to just MNT 13 million. Therefore, we are going to amend the relevant laws to ban such activities.”

Published Date:2025-03-07