The Government of Nepal has increased the minimum capital and licensing thresholds for operating casinos under the newly issued Casino Regulation 2080 BS, in a move aimed at tightening oversight and boosting industry standards.
According to the new regulation, the minimum paid-up capital requirement for establishing a casino has been raised to Rs 200 million. This is a significant increase from the previous Rs 150 million set for small casinos operating modern or electronic gaming machines. For larger casinos, the capital requirement has risen from Rs 250 million to Rs 300 million.
In addition to capital requirements, the application and licensing fees have also been revised. The application fee is now set at Rs 1.5 million for large casinos and Rs 1 million for smaller ones. The annual licensing fee has been increased to Rs 30 million for large casinos, while small casinos will be required to pay Rs 15 million.
A notable change in the regulation allows casinos to be opened within five kilometers of international borders, but this is contingent on a recommendation from the district security committee and a thorough security assessment.
The revised law also mandates that each casino must deploy a minimum of 20 trained security personnel to enhance safety and operational integrity. Furthermore, the regulation clearly states that only one casino will be permitted within the premises of the same hotel or resort, ensuring tighter control over gaming operations.
These updates are part of the government’s broader effort to regulate the gaming industry more strictly and align casino operations with national security, economic, and tourism objectives.
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