Essential information and facts about Te Seychelles:
Capital Victoria
Total Area Population
Ethnic Groups Languages
Currency
455sq.km 94,633
Religion Roman Catholic, Protestant, Christian
Creole, plus French, Indian, Chinese
Creole, English, French Seychellois rupee
Government type Presidential Republic Chief of State President Danny Faure
Head of Government President Danny Faure Elections Due 2021
their slots compliant. Considerable investment will be required to bring the Berjaya Casino up to a standard to attract foreign players.
Club Liberté Casino: is situated adjacent to the luxury Four Seasons Resort in Baie Lazare, in the south of Mahé. It opened in September 2016 and is managed by the British casino operations company, New World Gaming Ltd. Tis is a boutique casino designed to attract the top end of visitors to the Seychelles and for future junket business from the Gulf States and further when it is permitted. Te quality of the building and the décor – “colonial” inspired – would rate this casino amongst the best in the region. Te casino consists of an exclusive VIP gaming room with two roulettes and three card tables; the main gaming floor with two roulettes, three card tables, two Texas Hold’em tables and 31 slots. Plus there is semi-private gaming room with one roulette and two card tables. Te casino has a lounge bar, sushi bar, the impressive 5 Spices restaurant and live entertainment. Te casino is mainly focused on the high end market and not mass market and saw a total of 16,200 visitors in 2018.
Star Casino: is located in the Eden Island Complex, just outside Victoria. Te casino was closed for several years and has just reopened its slot operation with 140 slots. Te gaming
P76 NEWSWIRE / INTERACTIVE / MARKET DATA
tables are still shut at the time of this article, but will reopen with 11 tables of roulette and card games. Tere is also a private poker room with three tables. It is operated by Star Entertainment Ltd. Finally Pallagames Games is operated by Seymau Investments. Pallagames is located in Grande Anse on Praslin. Tere are 60 slots. Te company also operates three gambling halls in Mauritius.
Meanwhile the seven slot halls include Fun Park which is located on La Digue, the third most populated island, and has 28 slots and table games. Grand Kaz Entertainment Centre is the sister slot hall to the casino of the same name and is located in Bel Ombre (near to the Berjaya resort), in the north of Mahé and has 60 slots. Te site also boasts a Tanbour Bar and Grill. Te oldest and most popular slot hall in the Seychelles is the Amusement Centre, which has been open for the past 24 years and houses 190 slots. It is located in Victoria on Mahé. All of these slot operations tend to target the local Seychelles player.
GAMBLING ACT Te Seychelles Gambling Act 2014 governs the
sector whilst the Seychelles Gambling (Fees) Regulation was added in 2018. Licences are granted via the Financial Services Authority that was established in 2013. Tis is the regulator for non-bank financial services in the Seychelles headed by Chairman Suketu Patel and CEO Steve Fanny.
Te Gambling Supervision Section (GSS) of the
FSA was set up in 2015 to administer the Seychelles Gambling Act, which is responsible for the regulation of casino, slot machines, and interactive gambling. In 2017 the FSA received SRs4.6m in gambling fees.
Te licence fees are:
l Interactive gambling licence – application fee of SRs50,000 plus annual licence fee of SRs300,000.
l Casino licence - application fee of SRs25,000 plus annual licence fee of SRs1m plus SRs3,500 per casino table over 10 tables and SRs2,500 per slot machine.
l Slot machine licence - application fee of SRs15,000 plus annual licence fee of SRs2,500 per slot machine.
Te FSA took over the responsibility of these sectors from the Seychelles Licensing Authority that continues to regulate the lottery and betting sectors.
Te licence fees via the SLA are: l Betting - SRs50,000.
l Coin operated machines - SRs200 per machine.
l Games of chance lottery - SRs200. l Games of chance - SRs1m.
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