Burkina Faso’s gambling industry is still developing, but as more international operators look to enter the market, understanding the country's licensing requirements is crucial. The regulatory framework for gambling in Burkina Faso is in place, but operators must navigate the process carefully to ensure compliance with local laws. Here’s what you need to know about the gambling licensing requirements, costs, and other services you will need to go live in Burkina Faso.
Gambling Licensing in Burkina Faso
The Ministry of Finance in Burkina Faso oversees all gambling activities, including sports betting, casinos, and lottery games. Operators looking to offer gambling services in Burkina Faso must obtain a licence from the Ministry. The process is relatively straightforward but involves a thorough application, including financial checks, proof of integrity, and a comprehensive business plan. The timeline for obtaining a licence typically ranges from 4 to 6 months.
Costs and Comparisons to Other African Countries
The cost of obtaining a gambling licence in Burkina Faso is moderate compared to other African countries. A licence can cost between $20,000 and $50,000, depending on the type of service being provided (sports betting, online casino, etc.). This is significantly lower than the fees in South Africa or Nigeria, where licences can range from $100,000 to over $1 million. Burkina Faso’s more affordable fees and clear licensing process make it an attractive option for international operators.
Key Services Required After Licensing
Once operators obtain a licence in Burkina Faso, they must ensure they have the necessary services in place to go live:
- Payment Providers: To facilitate transactions, operators will need to integrate with local mobile money services such as Orange Money and Moov Money, as well as international payment processors like Visa and Mastercard.
- Software Providers: Partnerships with software providers for casino games and betting platforms are essential. Companies like Microgaming and NetEnt are popular choices for online gambling platforms.
- Customer Support: High-quality customer service is crucial, especially for players using mobile devices. Multilingual support in French and local languages such as Mooré is recommended.
- Marketing and Partnerships: Building local partnerships with influencers and media outlets can help operators establish their brand in Burkina Faso’s emerging gambling market.