Established following the introduction of the Casino Gaming Act 2010, the Casino Gaming Commission of Jamaica is the main gambling regulatory body in the country. Read on to learn more about its responsibilities, tasks, and the best-licensed gambling sites.
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When it comes to the main piece of gambling legislation in Jamaica, that would be the Casino Gaming Act introduced back in 2010. According to the Casino Gaming Act of 2010, most forms of casino gambling activities are legal and the main regulatory body in charge is the Casino Gaming Commission of Jamaica which has been around since 2010 as well.
The Casino Gaming Commission of Jamaica has been given the power by the government to issue licenses to gambling operators that wish to operate in the country. As the main gambling regulatory authority, the Casino Gaming Commission of Jamaica also has the power to propose new gambling laws and regulations, investigate suspicious gambling activities, collect licensing fees, and more.
The Commission's mission is to oversee and uphold an effective, robust, and stringent regulatory framework for all forms of casino gambling activities in Jamaica, ensuring that the nation maintains its status as a top-tier casino gaming jurisdiction that adheres to well-established regulatory practices and standards that align with the main piece of gambling legislation.
The Casino Gaming Commission of Jamaica is also focused on developing a more sustainable and profitable industry by embracing different regulatory and monitoring techniques and practices. One of the main goals of the regulatory body is also encourage local gambling operators to embrace innovation to keep pace with overwhelming industry changes.
At the time of writing this, the Casino Gaming Commission of Jamaica issued licenses to casino gaming operators on a more permanent basis. Operators can also be granted temporary casino operator gaming licenses, employee licenses, equipment employee licenses, and equipment vendor licenses, depending on which type of gambling business they wish to operate in the country.
When it comes to standard casino operator licenses issued by the Casino Gaming Commission of Jamaica, operators need to provide proof that their company is based in Jamaica, alongside sending required documentation regarding their financial reports. The cost of obtaining a license to run a casino gaming business in Jamaica is around $150,000.
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