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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
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Tim Chung Wins MPNPT Manchester -
The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.
MPNPT Manchester Day 2 -
Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.
Day 1B MPN Poker Tour Manchester -
Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
Kung Fu Rooster Slot Goes Live -
Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.
Sensational Sixes Slot Goes Live -
Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!
3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
Pokerstars Pulls Out Of Coloumbia -
Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.
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