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Gambling Legalization Legislation Recently Enacted

Posted By: Fitzhughlaw

Gambling Legalization Legislation Recently Enacted - 09/26/2021 03:44 PM

I've read the bill that was passed (https://www.bvibeacon.com/wp-conten...-Gaming-and-Betting-Control-Act-2020.pdf), but still cannot discern many of the specifics, or is that because the industry's presence is still in its gestation phase? For example, how many casinos will be licensed, and where (Tortola only, or VG as well), and what games will be allowed?

I realize that I'm inviting "the rumor mill" to weigh in, but has anyone heard any specifics?
Posted By: RickinAtlanta

Re: Gambling Legalization Legislation Recently Enacted - 09/26/2021 04:28 PM

That would be a huge mistake!
Posted By: Manpot

Re: Gambling Legalization Legislation Recently Enacted - 09/26/2021 05:55 PM

HUGE!!!
Posted By: GeorgeC1

Re: Gambling Legalization Legislation Recently Enacted - 09/26/2021 11:35 PM

Please let this not be true!
Posted By: Fitzhughlaw

Re: Gambling Legalization Legislation Recently Enacted - 09/27/2021 01:40 AM

GeorgeC1, it's indeed true, as per the link to the legislation that I posted at the thread's inception. Also: https://www.bvibeacon.com/gambling-law-17-others-take-effect/ and https://bvinews.com/is-bvi-prepared-for-gambling-laws-pitfalls-it-will-create-loan-sharks/. Thus, as to whether it's a good idea or not, that ship has sailed; I'm just trying to get the particulars.
Posted By: capttom

Re: Gambling Legalization Legislation Recently Enacted - 06/27/2022 11:32 AM

Some persons in the BVI were convinced that the whole idea was simply another avenue for money laundering and now that the last Premier (and supporter of the gambling legislation ) is in the US awaiting trial on money laundering charges, the legislation will hopefully be revisited. If I recall, it was centered around video terminals and horse racing and not full service casinos.
Posted By: Carol_Hill

Re: Gambling Legalization Legislation Recently Enacted - 06/27/2022 01:08 PM

Not to change the subject, but he is still in jail then?
Posted By: RatmansWife

Re: Gambling Legalization Legislation Recently Enacted - 06/27/2022 01:30 PM

He's out on bail.
Posted By: Carol_Hill

Re: Gambling Legalization Legislation Recently Enacted - 06/27/2022 01:46 PM

OK
Posted By: Manpot

Re: Gambling Legalization Legislation Recently Enacted - 06/27/2022 02:00 PM

House arrest on bail I believe...
Posted By: tradewinds

Re: Gambling Legalization Legislation Recently Enacted - 06/27/2022 03:29 PM

Did Bobby Hodge put up the bail money?
Posted By: Manpot

Re: Gambling Legalization Legislation Recently Enacted - 06/27/2022 03:36 PM

Bobby Hodge guaranteed half a million...
Posted By: joewhitee24

Re: Gambling Legalization Legislation Recently Enacted - 12/22/2022 02:46 AM

Originally Posted by tradewinds
Did Bobby Hodge put up the bail money?


honey
Posted By: Carol_Hill

Re: Gambling Legalization Legislation Recently Enacted - 12/22/2022 01:53 PM

Any update on the actual legislation? The former premier's comment from the original article is kind of illuminating, considering subsequent events. Fahie's quote was "putting the regulations in place with how it’s going to operate legally and get what is yours".
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