• $
  • £

Azerbaijan considers legalizing casinos on artificial islands in the Caspian Sea

Azerbaijan considers legalizing casinos on artificial islands in the Caspian Sea
18.06.2025 17:30

Azerbaijan’s parliament on Tuesday discussed draft legislation that would legalize casinos, but only on artificial land plots created in the Azerbaijani sector of the Caspian Sea, as part of broader efforts to attract investment and boost tourism.

The proposed amendments to the 2024 law “On the Creation of Artificial Land Plots in the Azerbaijani Sector of the Caspian Sea” would allow casinos to operate under strict regulatory oversight and only through licensed legal entities. License holders must comply with anti-money laundering and anti-terrorism financing laws.

Lawmakers argue the move would increase tax revenues, create jobs, and curb the country’s illegal gambling market, which authorities say remains active despite current bans.

“Limiting casinos to artificial islands ensures centralized control and regulatory oversight,” the draft says.

Currently, Azerbaijani citizens either travel abroad to gamble or use online platforms, many of which operate in legal gray zones. The bill includes age restrictions (21+), financial safeguards for payouts, and a system of state monitoring and legal accountability for casino operators.

Similar news
Similar news
Azerbaijan introduces fines for violations related to employment of drug-dependent persons
Society 18:00
Azerbaijan introduces fines for violations related to employment of drug-dependent persons
Temperatures in Azerbaijan to reach 35 C tomorrow
Society 14:30
Temperatures in Azerbaijan to reach 35 C tomorrow
TƏBİB announces personnel appointment
Society 17:30
TƏBİB announces personnel appointment
Gun owner in İdrak lyceum shooting case becomes suspect
Society 14:30
Gun owner in İdrak lyceum shooting case becomes suspect
Prosecutor General’s Office says religious marriages involving minors carry legal liability
Society 13:30
Prosecutor General’s Office says religious marriages involving minors carry legal liability
Heavy rain, hail and flood risk forecast in parts of Azerbaijan
Society 13:00
Heavy rain, hail and flood risk forecast in parts of Azerbaijan
Earthquake in Armenia felt in Nakhchivan
Society 11:30
Earthquake in Armenia felt in Nakhchivan
Azerbaijani crime figure detained in St Petersburg
Society 17:30
Azerbaijani crime figure detained in St Petersburg
Earthquake hits Caspian Sea
Society 16:30
Earthquake hits Caspian Sea
Anews TV

Our official Youtube channel

Subscribe