Since April 21, 2021, land-based gambling projects in Kyrgyzstan are considered to be one of the most promising sources of the replenishment of the public treasury. The majority of members of parliament voted for the reconstruction of the gambling sector.
In this article, specialists of Casino Market will describe the current state of affairs and tell you how to establish a legal casino business in Kyrgyzstan.
Special locations for playing casino games were established in the country in the early 90s and could be found by gamblers almost at every step. At that time, the opening of casinos in Issyk Kul and other regions of Kyrgyzstan was practically not controlled by the government.
Project initiators offered the parliament to create a restricted area in Tamchy, the international airport of the Issyk Kul region, away from significant state facilities and public infrastructure.
It is planned to allocate an area of 1,200 hectares for the organisation of the gambling zone. Slot machines in Issyk Kul will be installed in 7 casinos that will be located next to the hotel and catering chain and other entertainment zones.
Those investors who decide to open a casino in Tamchy will work within a special legal framework. Its provisions will not affect other administrative areas.
The legalisation of casinos in Kyrgyzstan: legal background
People who will visit the land-based casino in Tamchy will be able to make payments in any currency.
Business owners themselves will lay down the rules for conducting operations
Any tourist of the age of 21 and more can visit gambling halls. The exception is people with the dual citizenship
Any offline casino in Kyrgyzstan should provide the local population with job opportunities:
There are some age restrictions for employees (they should not be less than 23 years old)
Prohibition against the attendance
It will be impossible to enter the restricted area for anyone but casino employees. All foreign citizens over 21 years old will be able to visit the facilities if they are not included in their blacklists
Distribution of profits
To establish a casino in Issyk Kul, investors will have to pay about 40% of the annual income to the government budget
Single control system
An authorised body, controlled by the parliament, will inspect the casinos and issue gambling licences
If people will be allowed to visit casinos, the country will get the following benefits:
The government promises several benefits to foreign gambling investors:
The government has studied the ways to control the industry that are used all over the world and in April 2021, passed a bill on the legalisation of the land-based gambling sector.
The country decided to follow the example of the Russian Federation and create a special closed area where locals cannot enter.
The main provisions of the law on the legalisation of casino games:
Casino Market will make sure that you implement a gambling project in Kyrgyzstan within the shortest possible time.
We offer those who want to establish a successful land-based casino business the following set solutions:
For all questions, please contact us:
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