Now, with tourism arrivals plummeting, it appears government is prepared to at
least look at the question.
An examination of the Island’s gambling laws
is no bad thing. that it “could taint
Bermuda’s reputation as a serious business jurisdiction.”
Bermuda Mulls Online Gambling Option | Gambling911.com30 Oct 2008 The
Bermuda government has suggested it is interested in entering the multi billion
dollar online gambling industry, but at what price?
Gambling News | Gambling911.comBermuda Mulls Online Gambling Option.
According to a report in Bermuda’s Royal Gazette the tropical island is giving
serious consideration on whether to become an online gambling hub like the
aforementioned island nations.
“Government and some of the Island’s hotels
announced last week – following an exclusive report in (The Royal Gazette) – that
they are paying for a feasibility study on the controversial question of
gambling in Bermuda. While it is not officially
licensed, the government makes no attempt to prevent people from accessing
foreign-operated gambling sites.
An online gambling study is said to be in the works.” ~http://mb.winneronline.com
More about Online Gambling in Bermuda
The United States passed anti-online gambling legislation back in 2006 and there
have been a number of indictments and arrests associated with it.
“Imitation is the sincerest form of
flattery and it looks like Bermuda could be following the likes of Costa Rica
and Antigua and Barbuda..
About Bermuda: There are several gambling organizations in Bermuda and gambling
is big business – worth an estimated US$33 million a year in 2003. But establishing an online gaming sector could come with its headaches too.
If it did decide to become a center for online gambling, “it would mean gamblers
abroad, most likely from the U.S., having their wagers processed in Bermuda —
giving the betting companies tax breaks on profits and keeping them out of reach
of anti-Internet gambling American authorities,” Tim Smith of the Gazette
The move would certainly give an “adrenaline shot” into the local economy.
You can play “Crown
and Anchor” at Cup Match. You can play Bingo at your church or organisation. You can bet the ponies or any sports match. And some
propose to take it even further. Some would like to see
more tourists to the island. Others say, “NO!” Our people have
a hard enough time making ends meet without losing hard earned, much needed
income on frivolous expenditures.
Still, some are talking about bringing
online gambling to
Well guess what!? Online gambling is already here!
“Bermuda to become online gambling hub?”
Legalised Gambling in Bermuda: Bermuda was a gentle, well-mannered resort,
catering to genteel, upper-middle- class people.
For years now, some hotels and tourism
observers have seen casinos as critical to any sustained recovery in tourism.
The Bermuda government has suggested it is interested in entering the multi
billion dollar online gambling
Could Bermuda Be New Gambling Jurisdiction?30 Oct 2008 Speculation on
whether the North Atlantic island government of Bermuda will decide to offer
regulation and licensing to online gambling
ISP-Planet – Letters to the Editor – Gambling, Yes, Bermuda, No Gambling, Yes,
Bermuda, No. Other jurisdictions that do so tend to
attract a less wholesome reputation. Gambling in Bermuda is pervasive.
Casinos or lotteries also have the potential
of raising substantial revenues for Government without the pain associated with
tax increases. Part of
why the government does not license the activity is because it would not
directly promote tourism to the country.
Nonetheless, there are substantial and valid
objections to legalised gambling….”
In 2000, Antigua and Barbuda reported that its online gaming sector contributed
$37.5 million to local coffers through taxation and employed in the neighborhood
of 3000 people.
Online Gambling in Bermuda
The government of Bermuda does not license online gambling providers.
Bermuda’s International Business Industry – Bermuda deliberately does NOT allow
online gaming or gambling businesses. Reader reads the latest reports on where gambling sites are
actually hosted. Visit our site
Desperation Bermuda: Setting Sun Leaves Gambling in the Dark Gambling in Bermuda,
Bermuda.com Newsletter, No- Effectively, slot machine gambling in Bermuda
.. Bermuda. Global Voices Online » Bermuda: Gambling with the Future? Bermuda: Gambling with
the Future? A small portrait of the translator . They are a confused mess, with some forms of gambling being
legal, while others are banned. The law itself is desperately in need of
modernisation, as the Internet and other new developments have revolutionised
the world of gaming. Proponents on the other hand argue that
online gambling licensing would bring in additional tax revenue which could be
used to further develop the tourism industry. This possibility, along with the possibility of raising tourism
numbers, will not have escaped Government’s notice. [Response to the Best of the ISP-Lists article
WINNER online Gambling Discussion – Bermuda Eyeing Online Gambling? This is a
discussion forum for the online gambling community. Gambling was attractive to a
completely different type
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