Should gambling in the Cayman Islands be legalised?
Posted on Thu, 06/03/2010 - 09:08
Yes, but casinos in hotels and cruise ships only
10% (73 votes)
Yes, but a national lottery only
19% (143 votes)
Both casinos and a lottery should be allowed
45% (342 votes)
No, gambling should remain illegal
26% (196 votes)
Total votes: 754
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Here's a helpful discussion
Here's a helpful discussion of the subject:
http://www.jamaica-gleaner.com/gleaner/20090902/cleisure/cleisure2.html
I recommend the following: 1.
I recommend the following:
1. Government should only regulate this industry not be involved in operation.
2. Private group(s) should be licensed to create and operate.
3. Government should get a tax on gross sales of lotteries. Maximum cap on administration and operating costs.
4. Private board should review applications for the extra lottery funds which should go to "Good Causes" including faith based programmes.
5. Lotteries should be online with worldwide access. The numbers would be huge and revenue to Cayman would be in the hundred of millions annually. Must also have a local lottery game that is won here every week.
5. Casinos should be only in large hotels complexes. Operators to bid for licenses. Taxed and regulated by government. Annual fees T&B also added based on Gross revenue.
"Lotteries should be online
"Lotteries should be online with worldwide access. The numbers would be huge and revenue to Cayman would be in the hundred of millions annually".
What rubbish. A Study conducted by the Innovation Group earlier this year on behalf of the Bermudian Govt. recommended against online gaming and lotteries. It found that "Lottery sales tend to be generated primarily from local residents in an area or region". There is absolutely no chance whatsoever of getting revenues of "hundreds of millions annually"
Sounds like a solid plan. I
Sounds like a solid plan.
I would add that I would like to see it set much like other Caribbean Casinos where locals are either not allowed at all or limited by income so that no burden be placed in Social Services.
I believe you are referring to this in #2 but if not I believe we should look to license number sellers and the leaders of the sellers. We are not talking astronomical fees but just so that money can be brought it from these avenues also. I believe they would do it to make sure the playing field is even. Plus with new revenue sources we could make a push to get rid of them should they not comply. It would be in the interest of the other lottery style businesses also.
Yes but don't let Government
Yes but don't let Government anywhere near the money!
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