Tuesday, March 9, 2010

Caribbean casino competition for The Bahamas

Warning bells rung yesterday for this nation's gaming sector following Jamaican lawmakers' approval of amendments to its Gaming and Casino Act — reinforcing the need to review old regulations, say industry executives.

Head of the Bahamas Hotel Association (BHA) Robert Sands said the move in the neighboring country will go a long way in decreasing this nation's competitiveness unless actions are taken to allow permanent residents and people on work permits in The Bahamas - at the very least - to patronize the local casinos.

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