A subsidiary of online lottery provider GD Lotto has secured a license on the island located within the Malay Archipelago.
The newly launched company, Golden River Universe (GRU), envisions transforming Timor-Leste into “Asia’s Malta”—a reliable digital center for offshore gaming, compliance, and innovation. Under the watchful eye of the Inspectorate General of Gaming, GRU is set to navigate this emerging sector.
GD Lotto, the parent organization, stands as the largest online lottery provider within the nation. It holds licenses in Cambodia and Nigeria as well and claims a player base spanning over 10 countries.
Amid these promising developments, GD Lotto has revealed plans to consolidate its research and development, customer service, and global support departments, relocating them from Cambodia and the Philippines to Timor-Leste.
A New Industry for One of Asia’s Most Underserved Nations
Timor-Leste, often referred to as East Timor, emerged as an independent nation in 2002 after enduring 400 years of Portuguese colonization followed by nearly 25 years of Indonesian occupation. Since gaining independence, this young nation has been striving for growth and stability.
Recent diplomatic endeavors reveal that Timor-Leste and Indonesia are fostering a collaborative relationship. A significant agreement was signed in October 2024, aimed at promoting the economic progress and social development of both nations.
Moreover, Indonesia supports Timor-Leste’s aspiration to join the Association of Southeast Asian Nations, a move that would enhance its political clout and open new avenues for trade—an important step for one of Asia’s economically challenged countries.
GRU’s CEO, Datuk Harry Ng, has expressed optimism regarding the gaming sector, describing it as a critical platform for national advancement and a clear indication that Timor-Leste is prepared to engage with the broader digital economy, according to the Tatoli News Agency.
Plans for a Physical Casino are Underway
In tandem with the online venture, the government of Timor-Leste is also planning to establish its first land-based casino.
A deal was officially inked in February, allowing Asia-Pacific Strategic Investments Ltd (APS) to spearhead the development of a $60 million (£47.5 million/€57.2 million) casino resort.
If all goes according to plan, this venture will mark the debut of physical gaming operations in this Southeast Asian republic.