License Name
Foreigner-Only Casino Licence (Union Government, Myanmar)
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Issuing Country/Region
Myanmar
Regulatory Body
Union Government of Myanmar
Types of Regulated Games
Casino gaming (table games, slot machines), strictly for foreign players
Market Coverage
Local
Regulator's Reputation
Average
Legal Entity Requirements
Company can be local or foreign-registered, subject to future stipulations
Minimum Share Capital
At least half of the reserve fund must be deposited for foreign investors in a major Yangon bank
Directors and Shareholders Requirements
Not specified in current publicly available rules
Anti-Money Laundering (AML) Requirements
Not specified in current publicly available rules
Data Protection Requirements
Not specified in current publicly available rules
Reporting Requirements
Not specified in current publicly available rules
Audit Requirements
Not specified in current publicly available rules
Software Certification Requirements
Not specified in current publicly available rules
RNG Certification
Not specified in current publicly available rules
Payment System Requirements
Casino tax payment is required
Server Location Requirements
Not specified in current publicly available rules
Domain Name Requirements
Not specified in current publicly available rules
Language Support Requirements
Not specified in current publicly available rules
Currency Support Requirements
Not specified in current publicly available rules
Legal Compliance Costs
Not specified in current publicly available rules
Background Checks
Not specified in current publicly available rules
License Scope Restrictions
Strictly prohibits Myanmar citizens from gambling in casinos; only foreigners permitted
Jurisdictional Tax Compliance
Subject to annual union tax law
Player Data Storage Requirements
Not specified in current publicly available rules
Cross-Border Operations
Not specified in current publicly available rules
License Application Transparency
Stipulations and transparency mechanisms not fully specified
Regulatory Contact Point
Not specified in current publicly available rules
Compliance Officer Requirement
Not specified in current publicly available rules
Local Partnership Requirements
Local companies may participate in setup, but locals cannot gamble
Legal Dispute Resolution
Not specified in current publicly available rules
License Transferability
Not specified in current publicly available rules
Sub-Licensing Rules
Not specified in current publicly available rules
License Cost
Not specified in current publicly available rules
Annual Fees
Tax collection included in annual union tax law, specific fees undisclosed
Income Taxes
Casinos subject to local tax provisions
Player Winnings Taxes
Not specified in current publicly available rules
Financial Guarantees
Not specified in current publicly available rules, but reserve fund minimum for foreign investors
Liquidity Requirements
Not specified in current publicly available rules
Financial Reporting Requirements
Not specified in current publicly available rules
Application Processing Time
Not specified in current publicly available rules
Required Documents
Passport ID for foreign players mandatory
Business Plan Requirements
Not specified in current publicly available rules
Internal Policy Requirements
Not specified in current publicly available rules
Testing Requirements
Not specified in current publicly available rules
Certification Requirements
Not specified in current publicly available rules
Staff Qualifications
Myanmar nationals may work in casinos, but must not gamble
Physical Office Requirements
Not specified in current publicly available rules
Local Representative Requirements
Not specified in current publicly available rules
Marketing Restrictions
Not specified in current publicly available rules
Responsible Gaming Measures
Not specified in current publicly available rules
Self-Exclusion System
Not specified in current publicly available rules
Age Verification Procedures
Foreign players must provide passport ID
KYC Procedures
Passport ID required for foreign participants
Customer Support Standards
Not specified in current publicly available rules
Complaint Handling Procedures
Not specified in current publicly available rules
Player Funds Protection
Not specified in current publicly available rules
Payout Timelines
Not specified in current publicly available rules
Bonus and Promotion Regulations
Not specified in current publicly available rules
Permitted Games List
Casino gaming; other gambling forms remain banned for locals
Betting Limits
Not specified in current publicly available rules
RTP Requirements
Not specified in current publicly available rules
Jackpot Regulations
Not specified in current publicly available rules
Live Game Requirements
Not specified in current publicly available rules
Mobile App Compliance
Not specified in current publicly available rules
Affiliate Program Rules
Not specified in current publicly available rules
Security Standards
Not specified in current publicly available rules
Encryption Requirements
Not specified in current publicly available rules
Backup Requirements
Not specified in current publicly available rules
Monitoring Systems
Not specified in current publicly available rules
Operation Logging
Not specified in current publicly available rules
Anti-Fraud Systems
Not specified in current publicly available rules
API Integration Standards
Not specified in current publicly available rules
Hosting Requirements
Not specified in current publicly available rules
CDN Usage
Not specified in current publicly available rules
Scalability Requirements
Not specified in current publicly available rules
Uptime Requirements
Not specified in current publicly available rules
Technical Support Availability
Not specified in current publicly available rules
License Duration
Not specified in current publicly available rules
Renewal Procedure
Not specified in current publicly available rules
Penalties for Non-Compliance
Prison time (six months to five years) and fines up to MMK 1 million for violations of the Gambling Law
Ownership Change Rules
Not specified in current publicly available rules
Mergers and Acquisitions Rules
Not specified in current publicly available rules
Subcontractor Regulations
Not specified in current publicly available rules
Branding Requirements
Not specified in current publicly available rules
Intellectual Property Protection
Not specified in current publicly available rules
Dispute Arbitration
Not specified in current publicly available rules
Insurance Requirements
Not specified in current publicly available rules
Charity Contributions
Not specified in current publicly available rules
Staff Training Requirements
Not specified in current publicly available rules
Innovation Support
Not specified in current publicly available rules
Sustainability Initiatives
Not specified in current publicly available rules
Accessibility Standards
Not specified in current publicly available rules
Multilingual Support
Not specified in current publicly available rules
Cryptocurrency Support
Not specified in current publicly available rules
Esports Betting Regulations
Not specified in current publicly available rules
Fantasy Sports Regulations
Not specified in current publicly available rules
Official Address
Not specified in current publicly available rules
Postal Address
Not specified in current publicly available rules
Fax Number
Not specified in current publicly available rules
Online Application Portal
Not specified in current publicly available rules
Work Hours
Not specified in current publicly available rules
Emergency Contact
Not specified in current publicly available rules
Regional Offices
Not specified in current publicly available rules
Technical Support
Not specified in current publicly available rules
Media Contact
Not specified in current publicly available rules
Departments
Not specified in current publicly available rules
FAQ Question 1
What is Foreigner-Only Casino Licence (Union Government, Myanmar)?
FAQ Answer 1
A license allowing the establishment of casinos in Myanmar where only foreigners are permitted to gamble, issued by the Union Government. If not available: Information not found in publicly available sources.
FAQ Question 2
Which jurisdiction issues Foreigner-Only Casino Licence (Union Government, Myanmar)?
FAQ Answer 2
The Union Government of Myanmar issues this license under Myanmar’s Gambling Law. If not available: Information not found in publicly available sources.
FAQ Question 3
What is the cost of obtaining Foreigner-Only Casino Licence (Union Government, Myanmar)?
FAQ Answer 3
Information not found in publicly available sources.
FAQ Question 4
What are the main requirements for Foreigner-Only Casino Licence (Union Government, Myanmar)?
FAQ Answer 4
Approval from the Union Government, registration of casino premises, ban on Myanmar nationals gambling, passport ID for foreign players, and payment of casino taxes. Other requirements await further government notification. If not available: Information not found in publicly available sources.