11:53, 12 мая 2022, Bishkek - 24.kg news agency , Aida DZHUMASHOVA
Members of Parliament of Kyrgyzstan considered a bill on gambling activities in the first reading on Wednesday.
At least 56 deputies voted for, against — 13.
The draft document was developed «in order to create favorable conditions for attracting investments and increasing the revenue part of the state budget.»
Officials spelled out the legal framework for gambling establishments on the territory of the republic, state regulation of gambling activities, basic concepts, procedure for establishment and maintenance of gambling establishments, organization of gambling games and their licensing, control over organization, holding of gambling games and responsibility of subjects of gambling activities.
Subjects of gambling activity are legal entities, including foreign ones, registered according to the established order and carrying out gambling activity, independently organizing and carrying out their activity within the competence and rights established by the law and the current legislation.
Only legal entities in the form of a limited liability company or a closed joint-stock company have the right to engage in gambling activities. Limited Liability Companies (LLCs) must carry out their activities in accordance with the current legislation, on the basis of a license issued in accordance with the established procedure by an authorized state body.