Casino Commission Director Schuetz Resigns

July 31, 2017 | 8 Comments

The Bermuda Casino Gaming Commission, a body appointed to regulate, manage and safeguard the Island’s emerging gaming industry, has announced that Executive Director Richard Schuetz has resigned from his post for “personal and professional reasons.”

Mr. Schuetz will continue to serve in his position through the end of the year and assist in the identification and orientation of his successor.

Casino TC Bermuda July 31 2017

“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,” said Commission Chairman Alan Dunch. “

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.”

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.”

The Commission said, “Earlier this month, prior to the July 18 election, Mr. Schuetz gave notice to Commission Chairman Mr. Dunch of his desire to resign. This information was not released to the public in an effort to avoid having it become part of the clamour surrounding the political campaigns.

“Mr. Schuetz joined the Bermuda Casino Gaming Commission in September 2015. Prior to that, he served for nearly four years as a Commissioner with the California Gambling Control Commission in Sacramento.

“Throughout his career, Mr. Schuetz has enjoyed a wide array of positions in the casino industry – from blackjack & dice dealer, to Executive Vice President, to President & CEO of casino resorts in numerous jurisdictions.

“Mr. Schuetz has worked as a senior executive in the gaming markets of Las Vegas, Atlantic City, Reno/Tahoe, Laughlin, Minnesota, Mississippi, and Louisiana. He was also a consultant to the City of Detroit and the state of Kansas, assisting those jurisdictions in introducing casinos.

“Mr. Schuetz has taught Casino Management & Regulation at the Ecole hôtelière de Lausanne in Switzerland, as well as at the University of Macau and Macau Polytechnic Institute in Macau, SAR China.

“Additionally, he was named an Honorary Professor of Casino Marketing at the Baron N. Hilton School of Hotel Administration at the University of Houston. He has lectured throughout the world on the topics of gaming, gaming regulation and casino marketing and published over 80 articles on those subject areas.

“He received his degree in Business from the University of Nevada, Reno, and holds a Masters in Philosophy specializing in economic analysis from the University of Utah. Mr. Schuetz is also ABD PhD in Economics from the University of Utah.”

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Comments (8)

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  1. Jonathan Land Evans says:

    More embarrassment and wasted money from this degrading, wrongheaded venture.

  2. I think he smells a rat.

  3. Um.... says:

    “Earlier this month, prior to the July 18 election, Mr. Schuetz gave notice to Commission Chairman Mr. Dunch of his desire to resign. This information was not released to the public in an effort to avoid having it become part of the clamour surrounding the political campaigns.”

    Good call. PLP would have got 25 seats if this had come out. The extra casualty likely would have been Dunkley’s.

  4. jt says:

    Interesting.

  5. God says:

    What a crock! Alan Dunch and his cronies on the Commission all need to go! Wasted over 5 million dollars on this guys direction and now he gets to pick his successor?

    Hell to the no!

    David Burt send these jokers home and let’s get gaming going and not with the Hamilton Princess as there is no parking there and already congested traffic on pits Bay road!

  6. Enough says:

    I will help him pack his bags if it means him leaving sooner! What a waste of our taxpayer money and then the trip for 6 of them to go away to a conference on our dime! This is out of control and Dunch needs to go too!

    Good riddance!

  7. Right on says:

    Alan Dunch and the rest of the Commission should resign too. Complete and utter waste of time of our hard earned money!

    He writes in the paper like he has accomplished something when they have not!

  8. Oh,I see now says:

    Coincidence……I THINK NOT!!

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