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Most Recent Online Casino News
U.S. Adviser Backs Casino Review
Despite indications that a rising number of Jamai-cans
are becoming addicted to gambling, Government's recent announcement to
rethink its ban on casino gaming has been met with approval from local
and international stakeholders, in-cluding a United States Pro-fessor of
gambling.
Bill Eadington, Professor of Economics and director of the Institute
for the Study of Gambling and Commercial Gaming at the University of
Nevada, Reno, told The Sunday Gleaner yesterday that the Jamaican
Government may be wise in reconsidering legal casinos if it approaches
the issue carefully.
Last June, the professor was brought to Jamaica to enlighten
Government advisers on how the administration should approach the
emotive casino gambling issue that often provokes a firestorm of debate.
Citing the Bahamas and the Atlantis Resort, the professor noted that
the best kind of casinos for Jamaica should be linked to 'destination
resort hotels'. He, however, suggested the implementing of a "competent"
and "honest" body to monitor the industry if and when it becomes
legalised.
"The objective should be to attract major international hotels,
casinos, or leisure companies to consider major developments in Jamaica,
with casino as part of the offering," Professor Eadington said, noting
that legislation dealing with casinos should be drafted to provide an
environment that is competently regulated at international standards.
"It is important that the Government and the legislation provide
enough trust in the strength and stability of the legislation that
potential investors will be able to project more than adequate returns
on their invested capital," he said.
Read the
entire article at:
Jamaica Gleaner
2004 Online Casino News Archive
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