Myanmar eyes casinos to boost tourism

    Myanmar
    Myanmar

    Myanmar looks set to be the next Asian jurisdiction to open its doors to IRs as the government seeks to attract much needed tourism dollars, with experts in the region predicting strong interest from potential investors. The Gambling Bill 2018 has been passed by the Lower House of the Parliament and is now with the Upper House for revisions and will allow foreigner-only casinos to operate in the south-east Asian country, formerly known as Burma. Currently, gambling businesses are banned under the Gambling Law of 1986, although several small casinos operate on the coast of Tanintharyi and along the borders with China and Thailand, to which the government turns a blind eye. “Significant changes are being proposed in relation to gambling in Myanmar. The country has seen a paradigm shift in the last few years with more liberalised policies being pursued,” says William Greenlee, partner and managing director of the Myanmar...

    Intelligence Articles is a premium content section developed for AGB members only featuring in-depth articles on relevant items of interest across the multiple Asia Pacific Gaming jurisdictions. To continue reading, subscribe now.