Laws and regulation
In the Federated States of Micronesia, there is no single federal system for licensing gambling - the powers belong to the states, and in practical terms there is a prohibitive regime.
Commercial casinos, betting shops and gambling halls do not operate; usually only one-time charity draws according to the rules of local authorities remain permitted.
There is no separate regulation of online casinos: access to foreign sites occurs outside the jurisdiction of the FSM, which means there is no local consumer protection and dispute resolution.
Supervisory elements relate mainly to AML/CFT and payment control.
For operators, this is a closed market, for players - a recommendation to be careful and focus on responsible practices.