Cabo Verde government appoints first official Gaming Bureau team

29 February 2016

The government of Cabo Verde (Cape Verde) has named the first team to lead the country’s Gaming Bureau (IGJ), under an order of the Ministry of Tourism, Investment and Business Development, published in the Official Bulletin.

The Inspector General was named as José Augusto Cardoso Monteiro, who was part of the framework of the Directorate General of Tourism, and the Assistant Inspector General, Carlos Miguel Teixeira, of the General Inspectorate of Economic Activities.

The creation of this supervisory body by Decree-Law 25/2014, of 29 April, is an important step for implementing future tourist developments with casinos attached. This is the case of the tourism project planned for the islet of Santa Maria, with a hotel/casino, built by Chinese businessman David Chow, in the capital of Cabo Verde, estimated to cost US$200 million.

The team will be responsible for developing procedures for the installation and operation of gaming and gambling activities in Cabo Verde, which involves creation of an institutional framework, organisation and adjustment of the legal system, as well as negotiation and formalisation of concession contracts in the country.

The skills and experience gained over the years through training, both in Portugal and in Macau, in the area of gaming and gambling, are considered to be advantages for the new team, and the Inspector General and his assistant directors are members of the “Gambling Regulators European Forum” of the European Union. (macauhub/CV/MO)