Sports betting is legal in Guyana under the Gambling Prevention Act, with operators required to obtain proper licensing from the Gaming Authority of Guyana (1). Companies proposing to operate sports betting and gaming activities must submit a formal application for a Betting Shop license to the Guyana Revenue Authority (GRA), which serves as the licensing body for betting operations in the country.
The Gaming Authority oversees all gambling licensing in accordance with the Gambling Prevention Act and requires all applicant operators to meet minimum requirements before granting licenses (2). The regulatory framework includes comprehensive application procedures covering approved building plans, fire service clearance, and compliance with local planning authorities before betting operations can commence.
"The Gaming Authority, in accordance with the Gambling Prevention Act, requires all applicant operators must meet the minimum requirements before granting them a license."
Licensed betting shops in Guyana are subject to substantial fees, with the cost for a new or renewed Betting Shop License set at G$2,500,000 (approximately $12,000 USD) annually. The GRA requires operators to submit tax returns on betting activities and maintain proper documentation for all gambling operations. Processing times for betting shop licenses typically take approximately two weeks, with all applications requiring completion of the Trade and Miscellaneous License application form through the License Revenue Office.
Source:
https://kaieteurnewsonline.com/2022/12/13/an-overview-of-guyanas-betting-laws/
https://www.gra.gov.gy/auctioneer-betting-shop/
Last updated: 15-09-2025 Disclaimer: This article does not provide legal advice. If you need legal advice, please contact an attorney directly.
