With the aim to boost the economy
New foreigner casino law announced in Mongolia
2009-07-15
Reading time 32 seg
(Mongolia).- Members of Parliament announced last week that they have initiated a law on a proposed casino, which has “limited capabilities”. In a special metropolitan zone, the casino will only be accessible by foreign patrons, according to lawmakers.
The MP’s to draft the law were D.Zagdjav, Kyokushuzan Batbayar, G.Bayarsaikhan, Batj.Batbayar, Z.Altai, R.Bud, Kh.Jekei, Ts.Tsengel, D.Khayankhyarvaa and J.Enkhbayar.
“Casino industry will definitely contribute a lot to the recovery from economic recession,” said D.Zagdjav. He added that Mongolia’s economy should be “diversified” with foreign investment, saying that the law would not “repeat old mistakes”.
In the 1990s, the adoption of a similar casino law resulted in the imprisonment of three Members of Parliament on allegations of corruption, as well as the scrapping of the multi-million dollar casino construction in the center of Ulaanbaatar, the capital and largest city of Mongolia.
Leave your comment
RELATED NEWS
Ahead of schedule
Illinois: Waukegan's American Place opens new poker room
Casino Del Sol Vahi Taa’am
Arizona: Casino Del Sol unveils name for new Tucson Grant Road property
Venue to include HHR, live music, hotel
Kansas: Former Wichita Greyhound Park to reopen as Gilley’s with gaming and hospitality plans
COMPANIES
Winner to be announced on Sept. 1
1xBet shortlisted for Best Casino Operator 2025 award at SiGMA Euro-Med
Connects 128 Clover Link slots with shared prizes
DRGT and APEX power Mexico's first national symbol-driven WAP jackpot, launching across PlayCity Casino's 17 venues
LATEST NEWS
ONLINE GAMING
LEGISLATION
SPORTS BETTING
EVENTS
Show to explore challenges and opportunities
Latin America in focus: Why SBC Summit 2025 will be a game-changer for the region
AI, sports, and iGaming startups compete
Five startups to compete for €90,000 prize at SBC’s First Pitch competition
Live edition of The Safe Bet Show
Former Liverpool and Leeds star Dominic Matteo to join Safe Bet Show at SBC Summit 2025
Uzbekistan, 25 – 26 September
SPiCE Central Asia to explore shifts and trends in the region's gaming ecosystem in just six weeks
EVENTS CALENDAR
Highlighted
SiGMA Euro-Med
Highlighted
Indian Gaming Tradeshow & Convention Mid-Year Conference
Highlighted
SBC Summit Lisbon 2025
Highlighted
G2E LAs Vegas - Global Gaming Expo
Highlighted
IAGR 2025 The International Association of Gaming Regulators
Highlighted
Gaming in Germany 2025
Highlighted
GAT Expo Santo Domingo 2025
NOV 12th 25 / NOV 13th 25
Live Event Renaissance Jaragua Hotel y Casino, Santo Domingo, República Dominicana
Highlighted
BEGE 2025 Balkan Entertainment and Gaming Exhibition
Highlighted
EEGS 2025 Eastern European Gaming Summit
Highlighted
G2E Asia Philippines 2025
DEC 10th 25 / DEC 11th 25
Live Event Marriott Grand Ballroom, Manilla Marriott Hotel, Philippines
Highlighted
