Mongolia is moving toward establishing a formal legal framework for online betting, with proposals aiming to regulate the sector by 2026. Currently, online betting exists in a regulatory grey area, and the government has identified the need to introduce clear legislation to manage the market effectively. The proposed legal framework includes licensing systems intended to bring transparency and control over online gambling operations. These efforts are designed to protect consumers and reduce illegal betting activities by setting enforceable standards for operators. Mongolian authorities emphasize that the regulation will help to secure players’ rights and ensure a safer environment for online betting. The government’s initiative marks a significant shift from the present state, where online betting is not comprehensively governed under existing laws. Players and industry stakeholders are encouraged to monitor legislative developments closely as these changes could impact participation and operational practices in the Mongolian online betting market after 2026.