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Jamaica Studying Online Gambling Licensing
JAMAICA REGULATOR CONFIRMS IT IS STUDYING ONLINE GAMBLING LICENSING
Gaming Industry Summit to explore pros and cons at September 22 gathering.
Jamaican gambling regulator the Betting, Gaming and Lotteries Commission (BGLC) has confirmed to the Jamaican-Gleaner that it is currently exploring options for regulating Internet gambling in Jamaica.
In a statement Monday the regulator noted the growing popularity of online and mobile gambling worldwide, and confirmed it is conducting a thorough examination and analysis of regulatory regimes in other jurisdictions and expects to formulate a position for review by the Ministry of Finance and the Public Service in the coming financial year.
"One of the fastest-growing offshoots of Internet gambling globally is fantasy/virtual sports betting. It is especially popular in the United States, India and China, with recorded annual sales in the high billions," the BGLC observed.
"Internet gambling and the fantasy/virtual sports betting phenomenon, which is quickly gaining interest in Jamaica, will be explored in detail during the BGLCs upcoming Gaming Industry Summit on Thursday, September 22, 2016 at the Jamaica Conference Centre, beginning at 8:30 a.m."
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Gambling News :
Anti Gambling bill S. 3376 -
#s3376 Industry observers were taken by surprise late Friday when a little-known Republican Senator from Arkansas, Tom Cotton, filed the beginnings of a new bill in the US Senate Committee on the Judiciary in what appears to be a move to toughen the US legal stance on the Unlawful Internet Gaming Enforcement Act of 2006 and possibly the 1961 Wire Act.
2016 WPT Borgata Main Event Results -
@MrJesseJames888 Four years ago the poker world watched as Jesse Sylvia and Greg Merson fought it out in the heads up of the World Series of Poker main event, with Sylvia narrowly defeated but taking home a second placing pay check for $5,292,889.
G-Sports debuts with the game Road Redemption -
#esports Land, online and mobile gambling publisher Gamblit Gaming has debuted in the burgeoning eSports sector, unveiling its new eSports platform branded G-Sports with the hit PC and console game Road Redemption.
French licensed gambling operators lost $5M in 2015 -
#france Numbers released by the French online gambling regulator ARJEL have illustrated the continued folly of a ring-fenced and restricted online gambling market saddled with a harsh and operator-unfriendly tax regime.
NO PRIVATISATION FOR ONTARIO LOTTERY -
The privatisation of the Ontario provincial lottery will not go ahead despite proposals by major companies like IGT-GTech, Scientific Games and Rogers Communications submitted in response to the provincial government’s 2014 Request for Proposals.
Space Invaders wins Best Slot Product Award -
The growing emphasis on skill-based slot machines that are more appealing to the millennial demographic has seen Scientific Games awarded a Best Slot accolade for its Space Invaders game at the 2016 Gaming and Technology Awards.
NEW MARKETING CAMPAIGN FROM LADBROKES -
The Ladbrokes land and online gambling group has launched its latest marketing campaign, with the first television advertisements ready to screen this Saturday.
Gamesys acquires Snowcat Games -
London online gambling provider Gamesys has announced the acquisition of Estonian online gambling games developer Snowcat Games for an undisclosed consideration, noting that the deal will strengthen its development capabilities.
BetConstruct adds virtual sports products -
The Golden Race package includes premium virtual content including; football, tennis, Real MMA Fighting, horse and greyhound racing, along with lotto and keno games content.
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