Phillips says Jamaica will have to trust Casino Gaming Commission

Tuesday, February 03, 2015

Print this page Email A Friend!


MINISTER of Finance and Planning Dr Peter Phillips says the country will have to trust the Casino Gaming Commission to secure all the investigative resources under the Casino Gaming Act.

"Regulations cannot be so designed to take account of every conceivable permutation that may arise. We have to be willing to charge the commission with the authority to take decisions," Phillips said yesterday as he closed the debate on the regulations to the Act, which were passed in the House of Representatives.

The regulations included a US$500,000 initial annual licence fee, which Opposition Member of Parliament Edmund Bartlett suggested should be increased to US$1 million, and granted only after proper due diligence to ensure against "cavalier and interesting individuals" who are very smart in terms of the financial arrangements that they make.

Bartlett warned that some of these people are very skilled in covering their tracks to lure unsuspecting countries like Jamaica into believing that they have access to the necessary resources, "when in fact what they want to do is to use the temporary licences as a means of going to the market to begin to generate capital".

"We have to trust someone; it makes no sense for this Parliament to buy a dog and to bark, as well. And we need to trust the competence and the integrity of the commission which will be appointed by administrations from time to time drawn from both sides of the House," Phillips responded.

The Casino Gaming (Applications Relating to Licences) Regulations 2015 will provide the framework within which applications may be made to the Casino Gaming Commission for the granting of licences to casino operators and personal licences to prospective employees holding specified offices.

This is necessary because under the Act a person is prohibited from operating a casino and employment is restricted within the casino, except in accordance with a casino gaming licence.

-- Balford Henry


Now you can read the Jamaica Observer ePaper anytime, anywhere. The Jamaica Observer ePaper is available to you at home or at work, and is the same edition as the printed copy available at http://bit.ly/epaperlive


ADVERTISEMENT




POST A COMMENT

HOUSE RULES

1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper � email addresses will not be published.

2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.

3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.

4. Please do not write in block capitals since this makes your comment hard to read.

5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.

6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.

7. Lastly, read our Terms and Conditions and Privacy Policy



comments powered by Disqus
ADVERTISEMENT

Flirting while in a relationship is disrespectful.
Yes
68%
No
11%
It depends
21%

ADVERTISEMENT
ADVERTISEMENT

Today's Cartoon

Click image to view full size editorial cartoon
ADVERTISEMENT