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COULD BERMUDA BE A NEW JURISDICTION
Speculation on whether the North Atlantic island government of Bermuda will decide to offer regulation and licensing to online gambling companies has resurfaced this week in an article in The Royal Gazette, which examines the revenue possibilities using other island ventures in the field as a benchmark.
The article reveals that a $300 000 independent study of various routes by which additional revenues might be
raised has been commissioned by the government and is currently being carried out by the Innovation Group. Internet gaming is one of several alternatives being examined, which include casinos and a national lottery.
The Bermudan Premier's press secretary Glenn Jones, declined to provide any further information pending the results of the study, to which the Premier referred during a BBC interview recently.
In the BBC interview, the Premier announced the imminent start of the study, and said that all aspects of the gambling issue would be thoroughly examined. "We are studying everything from Internet gambling to lotteries," he said.
Former Tourism Minister Renee Webb told the newspaper that she backed the study and supports the legalisation of gambling on the island. "You are not legalising gambling but extending what already exists Island-wide," she said. "I supported a national lottery where the benefits go to education, the arts and other national causes similar to the British lottery."
The newspaper points out that Bermuda has two significant economic bases - tourism and international financial services business - and imports 90 percent of its requirements, hence the need to explore alternative new revenue streams.
Bermuda is a British overseas territory in the North Atlantic ocean, located off the east coast of the United States, and around 1770 kilometres northeast of Miami, Florida. It is the oldest and most populous remaining British overseas territory, settled by England a century before the Acts of Union created the United Kingdom of Great Britain. Although commonly referred to in the singular, the sub-tropical territory consists of approximately 138 islands
Gambling News :
NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday -
Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.
Pro League Reveals Sportradar Contract Details -
The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.
NFL Odds: Steelers Visit Undefeated Chiefs #TNF -
The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.
Mega Moolah strikes again -
The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.
2 New Slots For Microgaming Casinos -
David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.
MLS Odds: Red Bulls vs. Whitecaps -
The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.
MLB Odds: Yankees Favored in AL Wild Card Game -
After a strong regular season, the New York Yankees (91-71, –1.00 betting units) opened as –235 home favourites for Tuesday’s AL Wild Card Game against the Minnesota Twins (85-77, +11.48 units). First pitch is at 8 PM ET on ESPN.
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