Croupier.
Telegram

RulesBusinessLiberia

Liberia sets $80,000 licence fee for prediction market operators

Operators must hold a dedicated licence or work through an NLA-approved partnership, and contracts on deaths, crime or Liberian election results are barred.

By Croupier Newsroom Published 1 min read

Cover card: $80k · Rules introduced · National Lottery Authority (Liberia)

Operators that want to offer prediction markets in Liberia need a specific licence, with an $80,000 fee, or must work within a partnership authorised by the National Lottery Authority board, iGaming AFRIKA reported. Prediction markets are contracts that pay out depending on whether a stated event happens. The report says the rules sit in Resolution No. 005 of 2026.

The details

  • Separate class: the resolution treats prediction markets as distinct from sports betting, which current sports betting licences cover.
  • Licensing route: an operator must hold a specific licence or work within a partnership authorised by the board of the National Lottery Authority (NLA).
  • Capital: paid-up capital of at least $500,000.
  • Banned contracts: those tied to a person’s death, illegal behaviour or the result of an election in Liberia.
  • Operating duties: exposure limits, published market rules, disclosed sources for settling results, anti-money-laundering and market-manipulation policies, player funds kept apart from company funds, and dispute resolution.

Partnerships with the NLA

The framework also lets the NLA enter joint ventures, concession agreements, technical-service contracts or platform licensing deals for lottery products and prediction markets. The report lists draw-based lotteries, instant-win games, numerical games, keno and a projected national online lottery platform.

Major agreements need board approval and must set out ownership interests, financial commitments, data rights, access to the proposed Central Lottery Management System, and dispute and termination terms. Partners, their directors and anyone with at least 10% beneficial ownership must meet the authority’s suitability requirements.

Operators in related-party deals involving NLA officials need board approval and must disclose politically exposed persons.

Source

Report by iGaming AFRIKA

Drafted with AI assistance from a report by iGaming AFRIKA and reviewed by our editors before publication. How we work

Prediction marketA market where people trade contracts on the outcome of future events, such as an election result, an interest rate decision or a sports game. In the United States regulated prediction markets are overseen by the Commodity Futures Trading Commission (CFTC).Full entry in the glossary
Anti-money laundering (AML)The rules that oblige businesses to spot and report money that may come from crime. For gambling companies it means knowing who their customers are and where large sums come from.Full entry in the glossary
Politically exposed person (PEP)Someone entrusted with a prominent public function, such as a minister, member of parliament or senior judge. Their family members and known close associates are treated with the same care.Full entry in the glossary