Cyrus should approve a casino this month as a bill allowing the casino has been approved by the country’s Council of Ministers.
It then went to the House of Representatives for approval and completion of a consultation on the regulations accompanying the new law.
The bill will provide for a single casino operator to receive a 30-year license to build and operate a casino in the resort of its choice. The first fifteen years of the license guarantees a monopoly.
The operator will be allowed to build two additional casinos in other locations, but each must include facilities for 100 table games and 1,000 slot machines and provide hotel accommodation with at least 500 bedrooms.
