Mongolia

Mongolia had allowed licensed sports betting and lotteries while keeping casinos illegal. In 2025 the State Great Khural, Mongolia's parliament, approved government amendments to the Law on Licensing that prohibit all activities related to paid prediction, betting and online gambling.

What Does the Ban Cover?

• Organising paid prediction or betting games for profit, in public or online, is a criminal offence under the Criminal Code.
• Repeatedly using payment accounts, e-money, virtual assets, phone numbers or electronic identifiers to run these activities is also a criminal offence.
• Promoting or soliciting betting brings administrative penalties under the Law on Administrative Violations.

What Are the Penalties?

Organising betting or gambling is punishable by a fine of 2,700 to 14,000 basic units, 240 to 720 hours of community service, a travel restriction of six months to a year, or six months to three years in prison. Misusing accounts or identifiers to run them carries a fine of 450 to 5,400 basic units or up to a year in prison.

Why Did Mongolia Ban Betting?

The changes came as the government focused on money laundering, financial crime and capital leaving the country, and as prediction markets grew in popularity worldwide.