What are the regulations of the Federal Law on Games and Lotteries?

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asimd23
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Joined: Mon Dec 23, 2024 3:25 am

What are the regulations of the Federal Law on Games and Lotteries?

Post by asimd23 »

Due to the limitations of the Federal Law on Games and Raffles of 1947, in 2004 the Regulations of the Federal Law on Games and Raffles were created, with the aim of providing better regulations, rules and definitions necessary for games and raffles throughout the country in accordance with the current reality.

This law consists of 153 articles divided into five Titles, with different Chapters. Each one details specific aspects of this legislation as we will see below:

Title One: General provisions
Second Title: On permits
Title Three: On gambling games
Title Four: Of the draws
Title Five: On control and surveillance
Throughout these, different legal aspects are cameroon phone data explored, such as definitions, sanctions, requirements for betting centres, racetracks, fairs, even cockfights, as well as raffles and prize giving. All this to provide legal certainty to these activities.

Let us briefly review the most important points of this law, since the document is extensive and contains many legal technicalities that we will try to clarify below.

It should be noted that this text is for informational purposes only and in no way replaces or summarizes the law. The best way to understand this document is to review the law directly and consult a specialized lawyer for its interpretation.

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Article 2
This article mentions that the Ministry of the Interior is responsible for applying and interpreting this law. And the General Directorate of Games and Lotteries is the administrative body in charge of controlling, monitoring, processing and resolving matters related to compliance with the Law and the corresponding Regulations.

Article 3
The main concepts that will be legally used throughout the document are defined here, such as: bet, beneficiary, ticket, gathering, live show, show at fairs, event, inspectors, gambling, operator, permit, prize, the different types of draws, and the concept of cheating, among others. All of these are very important for understanding the law.

Article 10
This article mentions the importance of having a permit from the Ministry of the Interior to promote and disseminate any raffle, contest or betting event. Failure to have this permit will result in a violation.

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Article 17
This section addresses the requirements that must be met by those who organize raffles and bets. It is even necessary for bookmakers to present account statements in order to try to be as legal and transparent as possible.

Article 20
This section describes the requirements for obtaining a permit to operate lottery halls, betting shops, racetracks and greyhound tracks. It also describes the legal, financial and regulatory aspects that these establishments must comply with. In addition, it describes the conditions that establishments must comply with in order to operate and carry out these activities.
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