Richard Schuetz has stepped down as a commissioner in the California Gambling Control Commission to accept an appointment as the first executive director of the Bermuda Gaming Commission. Bermuda legalized casino gaming last year, and is in the process of setting up a regulatory structure while choosing and vetting casino operators.
Schuetz has long gaming experience, working at various times for Grand Casinos, Caesars Entertainment, the Stratosphere, Shuffle Master Gaming and others. He became a regulator for the first time in California.
He also is a member of the International Advisory Board for the Institute for the Study of Gambling and Commercial Gaming at the University of Nevada, Reno, and is the co-moderator of the institute’s Executive Development program.
“All of us at the commission are thrilled to have Richard join us in helping to introduce casinos to Bermuda,” Commission Chairman Alan Dunch said. “His extensive experience as both a casino operator and as a regulator make him ideally suited to ensure that the Bermuda casino experience operates with a high degree of integrity, and offers an additional world-class tourism amenity for Bermuda.”