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Seychelles


In the Seychelles a review of the Gambling Act is due to be undertaken looking at regulations and internal control system guidelines, together with junket casinos. The Seychelles has yet to tap into its lucrative casino junket market, as currently it is not legal for casinos to bring in junkets or, in fact, offer “incentives” to players. An island which relies heavily on tourism, there are many who say this is a huge untapped


resource. The Seychelles already has a high percentage of visitors from the Middle East and Gulf states for whom the Seychelles is a favoured vacation


destination, and Dubai is only a four hour flight away


Macau and Monaco are known for their luxurious casinos and almost exclusively economically built through the courting of high roller gamblers. Tese players have expressed that they would love to be brought to the Seychelles to gamble and at the same time to enjoy the exotic tropical delights of our country


courting of high roller gamblers, also known as junket players. Tese players have expressed that they would love to be brought to the Seychelles to gamble and at the same time to enjoy the exotic tropical delights of our country, a combination they can rarely find elsewhere. Unfortunately current legislation prohibits local casinos from inviting them.


“Tere is of course understandable concern about the possibility of money laundering with junket players and the lack of control if the financial transactions take place outside of the Seychelles. In this context it is very important to note that if these players are brought to the Seychelles the that authorities will need to regulate all the player cash transactions for a junket, and that these transactions must only take place in the casino in the Seychelles. Legislation about junkets and their control also needs to be put in place to ensure transparency in the operations.


“Te Seychelles tourism industry is presently


missing a huge opportunity in bringing these high roller players to our country. We already have in place excellent infrastructure with the top quality hotels and resorts where any of these players would feel at home.” Te casino best positioned to take advantage of a positive change in the Junket legislation is the Club Liberté Casino, which was specifically designed to attract high-end player groups.


CASINOS AND SLOT HALLS Tere are five casino licences and seven slot


machine licences at the moment in the Seychelles. It is unlikely that these numbers will be increased. Te five casinos are:


Gran Kaz Entertainment Centre: located in Victoria, Mahé. Te Gran Kaz has two linked operations – a site for 150 slots plus adjoining, a table games operation with blackjack, roulette and poker tables. Te casino was opened in 2014 and is mainly pitched to the local Seychelles market, offering low table minimums. Te casino’s main advantage is its central location.


Te Gran Kaz company also operates a slot hall in Bel Ombre in the north of Mahé.


Victoria Casino: Tis was the oldest casino in Victoria but closed several years ago when the building it occupied was demolished for redevelopment. Te owners have now managed to find a suitable site for a new casino in Victoria and plan to reopen by the end of this year. Tis casino will be targeted at the local market.


Berjaya International Casino: Tis casino is also in Mahé in the north coast located at the Berjaya Beau Vallon Bay Resort on one of the most renowned beaches on the island. Te resort is part of the Berjaya Corporation Group of Companies, which also operates resorts in the UK, Sri Lanka, Malaysia and Philippines. Te resort has 232 rooms and suites and is 15 minutes from the airport and five km from the capital Victoria. Te casino has a number of table games but no slots as these were closed when the new gaming legislation recently came into force and the Berjaya was unable to make


NEWSWIRE / INTERACTIVE / MARKET DATA P75


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