Te idea behind COMS dates back to October 2013 when the Rama government wanted to bring an end to illegal gambling and organised a police action code named ‘Fund Marrezise’ (End of Insanity) which ran for two months and saw over 6,000 police officers brought in to shut down illegal slot halls, betting offices and casinos.
the idea that a private company will be paid to run the COMS system. Te Association of Sports Betting Societies said the concession merely duplicates the role of the Gambling Monitoring Authority (AMLF) and has taken the matter to the courts. But the decision was rejected by the courts in June last year. Te AMLF is run under the Ministry of Finance and supervises and controls the gambling sectors.
Te idea behind COMS dates back to October 2013 when the Rama government wanted to bring an end to illegal gambling and organised a police action code named ‘Fund Marrezise’ (End of Insanity) which ran for two months and saw over 6,000 police officers brought in to shut down illegal slot halls, betting offices and casinos.
It was headed by the former Interior Minister Saimir Tahiri and some 540 locations were closed and almost 1,500 gambling machines seized and owners prosecuted when they failed to provide proper documentation.
Following this the new law was introduced and the stipulation to hand over the monitoring of the gaming business to a private company.
ALBANIAN OPERATIONS Regency Casino in Triana was the first regulated
casino in Albania and opened in December 2005 and at the time was operated by a consortium of Hyatt Regency Hotels and Tourism and a group of Albanian investors. Besnik Sula is the Albanian partner and owner of the Taiwan-Parku Rinia, the building where the casino is located.
Te licence was granted after an international tender was set up by the Albanian government to the Regency International Casino SH.A who beat Club Hotel Loutraki and US Royal Palace from Nevada and Albanian firm Rozafa in the tender. Te company invested €20m into the project and of this €10m was paid to the Albanian State which included the licence fee paid to the Ministry of Finance.
Te casino covers an area of 1,700 sq.m and has NEWSWIRE / INTERACTIVE / MARKET DATA P69
240 slots and 20 gaming stables including Regent Stud Poker, Blackjack and American Roulette. Tere is a VIP lounge for high rollers and membership cards are issued for all members. Te slots are available to play 24 hours a day. Te company employs around 230 people and was given a 15 year licence.
Te Hyatt casino was the first out of five casino licences which were made available by the Albanian government. Te other four casinos were expected to open in the coastal tourist areas of Saranda, Vlora and Durres and the tourist area of Velipoje. But to date none have opened.
In 2006 Hyatt Regency Hotels and Tourism (Hellas) announced the sale of its 60 per cent equity stake in Gaming Investments Overseas, the majority shareholder in the Tirana Casino. Hyatt also announced the sale of its 100 per cent share of United Reserve SA, the managing firm of Tirana. It sold its 30.5 per cent stake to Cypriot Tobias Enterprises Company for €3m.
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