April 14, 2015

Kyrgyzstan bans gambling & advertising of alcohol in new law

Kyrgyzstan has now signed into law banning all forms of gambling including but not limited to online gambling, bookmakers and casinos, following President Almazbek Atambayev signing the decree into law this week.

The parliament voted on banning gambling back in February and now with the President signing the decree means that all forms of gambling and advertising of gambling and smoking along with alcohol is also banned immediately.

Changes and additions made to the Law “On the prohibition of gambling activities in the Kyrgyz Republic,” the Tax Code, the Criminal Code, the Civil Code, the laws “On licensing system in the Kyrgyz Republic,” “On prevention of terrorism financing and illegal legalization (laundering) of proceeds,” “On Advertising.” Said the government. “The law eliminates the basis for the creation of conditions of adverse impact on the moral and mental state of people who are fond of gambling, especially the younger generation of Kyrgyzstan. In their view advertising is designed to build and maintain an interest in alcohol and tobacco products, as well as contribute to its implementation. It is aimed at reducing the number of financial offenses, reducing the crime situation in the country, the prevention of social problems caused by gambling minors and vulnerable segments of the population. Said an official.

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