Nepal welcomed nearly 1.2 million international tourists last year, up 25% from the previous year. As tourism activity is growing in the South Asian nation, hospitality operators have been looking to capture a greater number of visitors with various types of offering, including casino gambling.
Reason why Nepalese lawmakers decided during a June 27 Cabinet meeting to allow casinos and electronic gambling halls to be built at up to a 3-kilometer distance from the country’s international borders
It has also emerged that Nepalese lawmakers are working on a new Casino Act that will be tacked onto the Tourism Act and will look to replace and update Nepal’s casino law from 2013.
Of the new casino gaming law, Nepal’s Director General Dandu Raj Ghimire said that it will streamline the nation’s casino industry and will encourage new global players to enter Nepal. The new regulations that will be introduced as part of the Casino Act will also come in line with an expected boom in Nepal’s gaming industry as nearly a dozen of five-star hotels are currently being built across the country.
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