Myanmar government introduces Bill to allow casinos

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

The new Bill, introduced in the legislature by the Public Affairs Manageme�🐻�nt 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 lawmaker told local media that the proposed leg꧙islation in the country but locals would be banned for accessing or playing in the casinos. Th𒁃e proposal includes allowing casinos near border areas of Myanmar to allow attract tourists from countries like China and Thailand.

Further, casinos will not be allowe♑d tourism destinations steeped in culture and heritage, as per the proposal. Win added that the proposed law will not on🍰ly allow a new sector to flourish but will also draw foreign currency.

The beleaguered conflict ravaged nဣation 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 i🌄n the country. However, some casinos are operating in hotel resorts in the country under permission granted by the tourism ministry, although it is understood that the .