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Baha,as Looking at Online Gambling
Friday August 23,2013 : BAHAMAS TO DISCUSS ONLINE GAMBLING POSSIBILITIES
Legalisation could assist in promoting tourism
The Bahamas tourism industry gathers together next month for a conference titled “Shrinking The Global Divide: Synergy, Service and Sustainability" and on the agenda is a discussion on the legalisation of online gambling and the tourism benefits that could bring to the nation.
Proponents of internet gambling claim that the country's gaming laws have not kept pace with significant technological progress and need revising, and that legalisation could help promote and develop the tourism and hospitality business.
Prime Minister Perry Christie has already conceded that gambling regulatory legislation needs to be re-visited.
Uri Clinton, a senior legal executive for the huge Baha Mar resort and casino development on the island of New Providence in the Bahamas, will be a speaker at the conference, and says that a modern regulatory gaming regime is essential in securing international market and allowing operators to compete on a level playing field.
“One way that you differentiate yourself from the global competition is to understand what types of gaming products and best practices will appeal to your market segment. Understand who the market is [and] what they look for in a casino; and then we should write regulations that not only properly support the oversight of gaming operations from a regulatory perspective, but also allow the operator the flexibility to provide gaming products, which the market is looking for,” he says.
Clinton predicts that legalised online gambling will tide the land industry over seasonal declines like the hurricane season when tourism tails off, as well as creating new tax income for the government and jobs.
He also sees online gambling driving more short term tourism, suggesting that because in-play sports betting is not available on the US east coast, it is not outside the bounds of possibility for US punters to take the 30 minute flight to the Bahamas for an online flutter on events like the Superbowl, along with a short R and R break.
Other speakers scheduled to address the conference are: Vincent Vanderpool-Wallace, former Bahamas Minister of Tourism and Secretary General of the Caribbean Tourism Organization; and keynote speaker Patrick McCudden, Senior Vice President, Real Estate and Development, Latin America, Hyatt.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
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Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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