Casino operators in Nepal must now monitor and report customers who spend over NPR1 million ($7,400) within a twenty-four hour period, following a new directive from the country’s Department of Tourism, according to G2G News.
This requirement is embedded within the recently introduced “Directive on Anti-Money Laundering and Combating Financing of Terrorism Related to Casino Operators (Designated Non-Financial Businesses), 2025.”
The regulation stipulates that gaming establishments must track both individual and combined transactions that meet or surpass the NPR1 million ($7,400) daily spending limit per customer. Casino operators have a fifteen-day window to submit these reports to Nepal’s Financial Information Unit through either the GoAML platform or alternative formats specified by the agency.
Nepal’s Financial Information Unit functions as the country’s central hub for collecting, analyzing, and distributing financial intelligence to law enforcement and regulatory bodies. The organization collaborates with India’s Financial Intelligence Unit and participates in the international Egmont Group network.
Beyond transaction reporting, the directive establishes comprehensive compliance obligations for casino operators. These include developing sophisticated internal monitoring systems, conducting thorough risk evaluations, and implementing enhanced customer verification processes. Operators must also identify politically exposed individuals and trace the source of gambling funds.
The new reporting requirements come just one week after the government implemented stricter entry barriers for casino operators under the revised Casino Regulation 2080 BS. The Ministry of Culture, Tourism and Civil Aviation increased the minimum paid-up capital requirement to NPR200 million ($1.48 million) for casino applicants, representing a substantial rise from the previous NPR150 million ($1.11 million) threshold that applied to mini-casinos operating modern or electronic gaming machines.
