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23 Aug 2018

Myanmar government introduces Bill to allow casinos

Aung San Suu Kyi

The Myanmar government has introduced a new Gambling Bill, 2018, that seeks to aš’ŠŽmend the existing gambling law, to the to Pyithu Hluttaw (Lower House of Parliament) this week.

The new Bill, introduced in the legislature by the Public Affairs ManašŸ’Žgement Committeeā™ seeks to amend the countryā€™s 1986 Gambling Act and pave way for allowing regulated casinos in the country.

U Aung Hlaing Win, a Myanmerese lawmaker told local media that the proposed legislation in the country but locals would be banned for accessing or playing in the casinoź¦‘s. The proposal includes allowing casinos near border areas of Myanmar to allow attract tourists ą¹Šfrom countries like China and Thailand.

Further, casinos wą¦“ill not be allowed tourism destinations steeped in culture and heritage, as per the proposal. Win added that the proposed law will not only allow a new sector to flourish but will also draw foreign currency.

The beleaguered conflict ravaged nation is currently facing a heavy fiscal deficit of over US$3.23 billion and is in dą¶£ire need of foreign exchange.

CurrentlšŸŒŠy, most forms of gambling are banned in the country. However, some casinos are operating in hotel resorts in the country under permission granted by the tourism ministry, although it is š“°understood that the .

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