Myanmar Passes Gambling Law 2019 to Update its Gambling Regulatory Regime, but Many Questions Remain

On 7 May 2019, Myanmar enacted the Gambling Law 2019 (“GL 2019”), which supersedes and repeals the old Gambling Law 1986 (“GL1986”).  The GL 2019 introduces significant amendments to the existing regime, with the stated aim of modernising Myanmar’s gambling law.  However, the most ground-breaking change is the introduction of legalised casino gambling in Myanmar.  Such a change is expected to increase tourism to the country, increase revenue generation for the State, stimulate the local economy, and create jobs for local Myanmar nationals.