Head of the Bermuda Casino Gaming Commission, Richard Schuetz has resigned as the Executive Director for “personal and professional reasons”.

According to the statement released by the commission this morning, Mr Schuetz will continue to serve in his position through to the end of the year. He will also assist with the head-hunt and orientation of his successor.

Commission Chairman Alan Dunch said: “The Bermuda Casino Gaming Commission is thankful for Richard’s two years of service, leadership and commitment to formulating a framework for Bermuda’s introduction of integrated resort casinos.

“We understand and support his decision to step down and are grateful for his assistance in positioning the commission and its staff for future growth.

“As a result of Richard’s resignation, one of our immediate priorities will be to implement a search process with a view to recruiting a new executive director. I am pleased that Richard will be assisting us in this process so that his expertise will be available to us in terms of assessing the credentials of any applicants and advising us as to whom is best suited to take over from him in this role. He will also use his remaining time with us to ensure the Hamilton Princess response to the RFP for a provisional gaming license is appropriately handled without any disruption.”

Commenting on his resignation, Mr Schuetz said: “It’s been an enormous privilege to work with the commission and its staff, to help create a viable casino industry, one that operates with a high level of integrity and ethics, and produces jobs and investment for Bermuda, as well as enhancing the Island’s tourism product.”

Mr Schuetz joined the commission in September 2015, after serving as a commissioner with the California Gambling Control Commission for four years.

Prior to that he held various positions in the casino industry in Las Vegas, Atlantic City, Reno/Tahoe, Laughlin, Minnesota, Mississippi, and Louisiana. Mr Schuetz was also a consultant to the City of Detroit and the state of Kansas, where he assisted in introducing casinos to those jurisdictions.

  • For more information on the Bermuda Casino Gaming Commission (BCGC), visit www.bcgc.bm.
  • Photos: Courtesy of BCGC