, 2022-10-12 10:03:01,
The island nation of Bermuda is set to build its first casino after the Bermuda Gaming Commission (BGC) awarded a license to St. Regis Bermuda Resort. The announcement comes nine years after Bermuda’s Parliament first approved the development of Casinos on the Island and several months after the hotel submitted its casino license application. The St. Regis Hotel is on the east side of the main island and opened in May of 2021.
In a statement on Monday, Premier David Burt said, “The hotel’s owners have demonstrated a genuine commitment to Bermuda and to the East End of the Island, and we truly value their contribution to the tourism industry and the community.” Burt continued to explain how the development of the casino industry is one of the pillars of the Government’s Economic Recovery Plan and will bring further opportunities for investments in the country’s tourism industry.
After an in-depth review, the BGC determined that the St. Regis Bermuda Resort met all legislative suitability requirements and can now take the operational steps needed to get the casino up and running. The hotel will need to form a casino compliance committee, set up internal controls, recruit and train staff, and purchase and install appropriate gaming equipment.
In January, the BGC stated they were hopeful that the country’s first casino would open in June. However, the opening date of the casino will…
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