“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.”
Schuetz added: “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.”
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.