Casino operations to be legalised under new gambling law

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Pyidaungsu Hluttaw Law No. 1/2019 - Traditional Medical Council Law (Burmese) Pyidaungsu Hluttaw Law No. 2/2019 - Industrial Design Law (Burmese & English) Pyidaungsu Hluttaw Law No. 3/2019 - Trademark Law (Burmese & English) Pyidaungsu Hluttaw Law No. 4/2019 - Myanmar Gemstone Law (Burmese) Pyidaungsu Hluttaw Law No. 5/2019 - Myanmar Traditional Medical Council Law (Burmese) Pyidaungsu Myanmar is close to legalize casino gambling in a bid to boost the local tourism industry and attract foreign investors. Gambling will become legal in the country in May when the nation’s 2018 Gambling Law is set to take effect. Select hotels In Yangon and Mandalay will be able to add casino operations under the new law, Myanmar Times wrote. Myanmar’s military has led a raid on a large casino on the Thai border. Under the May 2019 Gambling Law gambling is only legal for foreigners. Myanmar can have a new law that will make casinos and gambling venues legal in the country. In May 2018, the much awaited gambling law can be enacted as it is already in the parliament for approval. Myanmar’s Ministry for... Read more » “Under the new law, a Myanmar businessman will find it difficult to go inside a casino with his foreign business partners. I don’t want citizens to be restricted unnecessarily. The Union government should be granted authority. If necessary, the union government can restrict gambling by citizens,” he said. Myanmar: Gambling Laws and Regulations 2021. ICLG - Gambling Laws and Regulations - covers common issues in gambling laws and regulations – including relevant authorities and legislation, application for a licence, licence restrictions, digital media, enforcement and liability – in 37 jurisdictions. Myanmar’s land-based casino market is set to open with the enactment of the country’s new 2018 Gambling Law in May, which will replacing the existing 1986 legislation. The new law, which includes recommendations from president U Win Myint, is now in the process of being approved in the country’s parliament following a break in April. While Myanmar citizens are allowed to do business and accept employment at the casinos, they will not be permitted to gamble, an offence punishable under the law. Casino owners who allow citizens to gamble will be fined or sentenced and their operations shut down. Local businesses can establish casinos by paying taxes to the government. The 2018 Gambling Law allows casinos serving foreigners only to operate countrywide; meanwhile Myanmar nationals face up to five years in prison for throwing the dice. Replacing 1986 legislation that imposed a blanket ban on gambling, the new law is a means of boosting tourism and tax revenues, said Mingaladon MP U Aung Hlaing Win. While Myanmar citizens are allowed to do business and accept employment at the casinos, they will not be permitted to gamble, an offence punishable under the law. Casino owners who allow citizens to gamble will be fined or sentenced and their operations shut down. Local businesses can establish casinos by paying taxes to the government.

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myanmar casino law

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