Bahamas move closer to online gambling

The Bahamas could soon be moving towards more updated bricks and mortar gambling along with considering online gambling. There will be in September a Conference discussing a whole host of topics to allow the Bahamas to move forward with modernising hospitality and tourism along with discussing gambling.
Even Prime Minister Perry Christie has said that a revised legislative regime is needed to regulate the gambling sector.
One of the countries leading resort operators the Baha Resort has come out in support with online gambling would help them and other operators by saying:
“During the hurricane season, when nobody wants to travel to The Bahamas, we still have thousands of employees to support, we still have hundreds of local vendors and contractors to pay, and the online revenue allows us to continue full functionality, as well as it allows the Bahamian government – for those online systems whose servers are based in The Bahamas – to continue to generate tax revenue, even as people are not here using the resources.”
Mr Clinton who is the COO of the Baha said also that the move to gambling and online along with “In-play sports betting is not available on the east coast, not available in Florida. So, people in Florida can take a 30-minute flight to come and bet on the Super Bowl, and to do so in a way that is legal, in a way that incorporates the tax advantages from The Bahamas, and in way that provides them with an entertainment option that they could not get in their home jurisdiction, and that is one of the reasons why it is so critical that we actually get this new legislation passed,” the hotel executive shared.”















