The legal framework of gambling in Bangladesh is very limited, and the country lacks its own gambling companies. Although gambling has never been formally legalized in Bangladesh, the nation has been in discussion with many of its neighboring countries about the legalization of this activity.
As of today, online gambling has not been officially regulated in Bangladesh, and the government does not officially endorse any online gaming, as well as other online activities, such as buying and selling shares. In 2012, the national Lotteries and Gambling Board of Bangladesh issued licenses to three companies to operate gambling businesses. The three entities that received licenses were Dhaka Gambling City, Capital Club Ltd., and CineStar Limited.
In 2016, a legal framework for online gaming was adopted, but the legality of online gambling is still not clear, and Bangladesh is currently negotiating with the neighboring countries to legally regulate online gambling.
The most popular casino games played in Bangladesh are roulette, blackjack, and poker. The Labha7 casino games of Bangladesh are very similar to those of other countries. At least in principle, there is a lot of variety in online gambling. There are more than 30 companies licensed in the country, and each of them offers its own gambling products. We highly recommend trying a $1 deposit Microgaming casino that is available at this link.
Slot Machines
The first online gambling game that was launched in Bangladesh was a slot machine. In that game, players had to deposit 3,500 taka, which is about 8 GBP at the time of the launch. Nowadays, there are way more slot machines in Bangladesh, and the price of a game usually ranges between 2,000 and 5,000 taka. So gamblers have pretty a lot of options to choose from.
Online Sports Betting
The total value of bets placed through sports betting is estimated at around 8.5 billion taka per year. As of today, the most popular sports in Bangladesh are cricket, football, athletics, cycling, swimming, and other sports that are played in South Asia. The most popular sporting event in Bangladesh is the cricket match between Bangladesh and India. Each year, more than 10 million Bangladeshi people view cricket matches on television, which is the highest number of viewers of any event in the country.
Although the gambling industry is not so much developed in Bangladesh, it does have a bright future. And it is about to happen very soon.