Myanmar government introduces Bill to allow casinos

The Myanmar government has introduced a new Gambling Bill, 2018, that seeks to amend the e🀅xisting gambling law, to the to Pyithu H𝔉luttaw (Lower House of Parliament) this week.

The new Bill, introduced 💧in the legislature by the Public Affairs Management Committee seeks to amend the country’s 1986 Gambling Act and pave way for allowing regulated casinos in the country.

U Aung Hlaing Win, a Myanmerese laᩚᩚᩚᩚᩚᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ𒀱ᩚᩚᩚwmaker told local media that the proposed le꧋gislation in the country but locals would be banned for accessing or playing in the casinos. The proposal includes allowing casinos near border areas of Myanmar to allow attract tourists from countries like China and Thailand.

Further, casinos will not be allowed tourism destinations steeped in culture and heritage, as per the proposal. Win added that the propose𒀰d law will not only allow a new sector to flourish but will also dra🐲w foreign currency.

The beleaguered confli🅰ct ravaged nation is currently facing a heavy fiscal deficit of over US$3.23 billion and is in dire need of foreign exchange.

Currently, most forms of gambling are banned in the country. However, some casinos are operating in hotel resorts in t⛄he country under permission granted by the toꩵurism ministry, although it is understood that the .