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  • The Government is expected to make an announcement regarding the issuing of licences for the development of casino resorts by the end of March.
  • Minister of Finance and Planning, Dr. the Hon. Peter Phillips, said five applications have been received to date, two of which were deemed suitable for further evaluation.
  • He informed that evaluation of these applications is now at an advanced stage.

The Government is expected to make an announcement regarding the issuing of licences for the development of casino resorts by the end of March.

Speaking in the House of Representatives on Tuesday, February 3, Minister of Finance and Planning, Dr. the Hon. Peter Phillips, said five applications have been received to date, two of which were deemed suitable for further evaluation.

He informed that evaluation of these applications is now at an advanced stage.

“The Government is at the point where the final stages of the due diligence exercise, the fit and proper determinations, and other things, of the principals and companies, whose applications have been accepted, is being concluded,” he indicated.

The Ministry, in June 2013, invited investors to apply for orders to become approved integrated resort developers.

The issuing of casino gaming licences is facilitated under the Casino Gaming Act, as an incentive for the establishment of a prescribed number of large integrated resort developments in the country.

Integrated resorts are developments featuring a range of amenities such as hotels, convention facilities, entertainment shows, themed attractions, and luxury retail and fine dining, which are incorporated with casino gaming.

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