Professional consultation on gambling regulations and legal compliance requirements for operators
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License Type | Application Body | Main Requirements | Duration | Fees |
---|---|---|---|---|
Casino License | Gaming Authority | Hotel development, fit and proper tests, financial capacity | 1 year (renewable) | Application + Annual fee (amount varies) |
Betting Shop License | Gaming Authority | Business registration, fit and proper tests, financial capacity | 1 year (renewable) | Application + Annual fee (amount varies) |
Lottery License | Government (separate authority) | Government-run or approved operator | Varies | Set by government |
Type of Gambling Operation | Tax Rate | Basis for Taxation |
---|---|---|
Casino Operator | Not publicly specified in available legislation or official guidance | Typically based on Gross Gaming Revenue (GGR) or fixed annual license fees, but precise rates are not published |
Gambling Machines (per unit) | Not publicly specified |
Get expert advice on gambling regulations and operational requirements
Year/Date | Event |
---|---|
1902 | Gambling Prevention Act enacted, establishing the first legal framework for gambling in Guyana; most forms of gambling banned except lotteries and pool betting. |
1963 | Government Lotteries Act introduced, providing separate regulation for state-run lotteries. |
2007 | Casinos legalized for the first time as part of efforts to boost tourism and the economy. |
December 1, 2008 | Gaming Authority of Guyana launched to oversee betting shops, casinos, and lotteries. |
2009 | Anti-Money Laundering and Countering the Financing of Terrorism Act enacted, with the Gaming Authority designated as a supervisory authority for gambling-related compliance. |
2010 | First casino in Guyana, the Guyana Princess Hotel and Casino, established. |
2012 | Latest major revision of the Gambling Prevention Act, updating regulatory provisions. |
2021 | Legalization of certain forms of digital gambling, including online lottery and online sports betting. |
2022–2024 | Government signals intention to amend gambling laws to expand the number of casino licenses and modernize regulation, laying groundwork for further legislative changes. |
Professional guidance on regulatory compliance for gambling operations
Gambling regulations are subject to change. The information provided on this page was accurate at the time of publication, but may not reflect the current regulatory landscape. Always consult official sources for the most up-to-date information before making any gambling-related decisions.
Last updated: 22 April 2025