Earlier this year, the Kyrgyz parliament cast their votes in favour of the organisation of bookmaker’s offices, casinos, and lotteries.
The deputies are introducing final amendments, which, together with the main bill, will be submitted for a repeat voting that will take place in July 2021. However, local authorities, politicians, and the president have already spoken out for the creation of a special area in Issyk Kul.
The Rosloto studio offers you to own a casino in this country and other parts of the world where gambling is considered legal.
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In the nearest future, a special area will be created in Issyk Kul. The beautiful reservoir and the neighbouring mountain system of the Northern Tenshu have become a favourite vacation spot for many travellers and Kyrgyz residents.
This region is the main source of income for the republic, so the decision of authorities looks quite logical and predictable.
The zone will have a special legal regime with several features:
Authorised gambling activities
Operators are allowed to organise a bookmaker’s office or a lottery business, sweepstakes, poker rooms or gambling halls with slot machines
Simplified currency exchange
The bill provides for a freecycle of foreign money. You can exchange funds at a loyal exchange rate in gaming halls and certified exchange offices.
The administrative authority of the republic will closely monitor financial transactions and punish speculators
Special frontier regime
It is possible to obtain an entry permit right at the airport of Bishkek and any other city in the country. Foreigners need to confirm their hotel booking and provide a return ticket.
To visit offline casinos in Tamchy, tourists do not need to pay any visa fee
Casino games can be played only by foreigners who have reached the age of 21.
Employees of gambling halls are going to receive a list of people with ludomania and check all clients. Moreover, operators will need to connect identification systems in order to work legally
7 large casinos will be built on the territory of 1,200 hectares. Their characteristics include:
The latest events have become a trigger for the expansion and improvement of the infrastructure. It is also planned to reconstruct the Tamchy airport, build new highways and road junctions, and create a beach area around the Issyk Kul lake.
Part of the investment is planned to be spent on the modernisation of the Toktogul hydroelectric power station, which is located in this zone. The idea was put forth by residents of the region at a public hearing at the beginning of this year.
It is expected that 7.1 million dollars will be annually deducted to the treasury. A special tax system with a simplified administration procedure will be used.
Politicians believe that about 40% of the operators' income will be transferred to the state budget, while entrepreneurs will get 60% of the profits of their casinos.
There are several types of taxes:
This kind of document is valid for 5 years.
Applicants are expected to:
After 5 years, holders of the licence can renew the document with the help of a simplified procedure.
The Rosloto company offers its customers to buy a turnkey casino with a licence issued by a respected jurisdiction. We work in many countries of Europe and Asia and cooperate with well-known gambling brands.
Years of experience and an individual approach to each client help us to create profitable casinos. Our services include the provision of a licence, a catalogue of games, a casino platform, and much more.
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