On April 21, 2021, it became officially legal to offer casino games in Kyrgyzstan. The majority of members of the Jogorku Kenesh (parliament) voted for the existence of this kind of activity within the country’s territory — 68 out of 91.
The 2WinPower team has gathered comprehensive information on the development path of a new gambling market. We will also tell you what benefits the legalisation of this type of business will bring to the Kyrgyz government and population.
Contact our managers to get a close consultation or order a turnkey casino.
The first casinos and bookmaker’s offices in Kyrgyzstan appeared in the early 90s, right after the collapse of the Soviet Union. The market was practically not regulated by the government and developed chaotically.
The first statutory instruments that were aimed at controlling the industry were introduced in 2009 — the country recognised poker as mind sports.
After the passage of the law 10 years ago, gambling was completely banned. Land-based casinos in Kyrgyzstan have been nonexistent over a period of the following 4 years.
In 2015, the government revoked the licences of bookmakers and sweepstakes. The only available type of gambling was the People's Lottery, owned by the state monopoly.
The first attempts to “revive” the gambling business in Kyrgyzstan were made in 2016. The deputies submitted a proposal to open a gambling club in the Manas international airport. The initiative was not supported by the parliament, and the construction project was postponed for an indefinite period.
In 2021, the members of parliament voted for the legalisation of the gambling market. Moreover, the country decided to follow the example of the Russian Federation and organise a restricted gambling area remote from major administrative facilities.
According to the new law, the country will have the only gambling zone in the Tamchy international airport that is located in the Issyk Kul region.
1,200 hectares of land will be allocated for the construction of casinos. In total, it is planned to build 7 facilities and hotel chains within the territory of the area.
The gambling business in Tamchy will be supervised by a separate authority under the control of the local parliament. Legislative rules introduced for the restricted area will not apply to other regions of the country.
The main excerpts from the bill are the following:
The regulatory framework that will control the industry is in the development stage. It is too early to talk about specific requirements for the applicants who will want to obtain a gambling licence but some preparatory work can still be done.
Framework conditions for the opening of a casino in Kyrgyzstan
The company must be registered in the country. At least 10% of the project management team must be local residents
Bank accounts of the business owner will be registered by local authorities. Also, the investor must explain the origin of the funds and prove the honesty of his financial source
Slot machines in Kyrgyzstan will only be available in one region. It will be strictly prohibited to work outside the restricted area
The bill only provides for the opening of casinos in Issyk Kul. The betting business and lotteries are still considered to be the state monopoly
It is possible to establish a gambling business in Tamchy only if you are planning to work with foreign clients over 21 years old. Operators should not allow the local population to play slot machines
According to forecasts of the parliament, the legalisation of gambling in Kyrgyzstan will bring about 600 million soms a year to the public treasury and create more than 11 thousand job opportunities.
The local government offers investors the following conditions:
The parliament has carefully studied the world’s experience that is related to the regulation of the casino business and chose to create restricted areas.
Characteristics of the new legal gambling market:
The 2WinPower team will be glad to help you to establish a land-based business of any format.
You can order the development of a turnkey casino right now and get a good discount!
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