London Daily

Focus on the big picture.
Thursday, Oct 09, 2025

Gaming & Betting Control Act now law!

Gaming & Betting Control Act now law!

Governor Augustus Jaspert has given ascent to the Gaming & Betting Control Act, making it law in the British Virgin Islands.

The official document was assented on August 18 and published in an extraordinary issue of the Gazette — government’s official newsletter — on Thursday, August 20.

The Act, which makes gambling legal in the BVI, provides for the establishment of the Gaming & Betting Control Commission that will regulate the local betting and gaming sectors, which is said to be “vulnerable to infiltration by money launderers and terrorist financing”.

The Act states that the Commission shall be managed by a Board appointed by the Minister of Finance, and this board will consist of a chairperson and eight other members.

The Commission will also be tasked to provide information to other regulatory and government agencies including the Inland Revenue Department, the Financial Investigation Agency, the Commissioner of Customs, and the Commissioner of Police.

It will be able to grant gaming licenses without prejudice, impose conditions in the granting of licenses, engage in consultations in accordance with prescribed regulations, conduct studies, prepare reports, and generally make recommendations relating to the gambling industry in the British Virgin Islands, the Act stated.

Background checks


Additionally, the Commission is responsible to verify the background, character and reputation of a person applying for a gaming license and that person’s relative or associate as the Commission deems necessary. The Commission will also be able to perform regular reviews of a licensed gaming operation and collect fees and levies.

The Commission also has the power to suspend or revoke a licence if, after review, a license holder is not conforming to the law. However, before doing so, the Commission must give notice in writing detailing the reasons for the suspension and the grounds that it intends to do so.

A response from the license holder challenging the Commission must be submitted within seven days of receiving the notice. The decision to revoke the license will be published in the Gazette.

Gambling license categories


Under the Act, there are several categories of licenses that one can obtain.

They include a Gaming Operators License, which shall permit the licensee to operate a gaming establishment for the purpose of conducting gaming; and a Gaming Owners Licence, which shall authorise the licensee to own a gaming establishment. However, the Act states Game Owners licensees cannot operate such as establishment without first having obtained a Gaming Operators Licence.

There is also a Bookmakers Licence, which shall permit the licensee to conduct betting activities other than pool betting; a Promoters Licence which shall allow a licensee to stage live racing and conduct pool betting (pari-mutuel) activities; among others.

Newsletter

Related Articles

0:00
0:00
Close
France: Less Than a Month After His Appointment, the New French Prime Minister Resigns
Hungarian Prime Minister Viktor Orbán stated that Hungary will not adopt the euro because the European Union is falling apart.
Sarah Mullally Becomes First Woman Appointed Archbishop of Canterbury
Mayor in western Germany in intensive care after stabbing
Australian government pays Deloitte nearly half a million dollars for a report built on fabricated quotes, fake citations, and AI-generated nonsense.
US Prosecutors Gained Legal Approval to Hack Telegram Servers
Macron Faces Intensifying Pressure to Resign or Trigger New Elections Amid France’s Political Turmoil
Standard Chartered Names Roberto Hoornweg as Sole Head of Corporate & Investment Banking
UK Asylum Housing Firm Faces Backlash Over £187 Million Profits and Poor Living Conditions
UK Police Crack Major Gang in Smuggling of up to 40,000 Stolen Phones to China
BYD’s UK Sales Soar Nearly Nine-Fold, Making Britain Its Biggest Market Outside China
Trump Proposes Farm Bailout from Tariff Revenues Amid Backlash from Other Industries
FIFA Accuses Malaysia of Forging Citizenship Documents, Suspends Seven Footballers
Latvia to Bar Tourist and Occasional Buses to Russia and Belarus Until 2026
A Dollar Coin Featuring Trump’s Portrait Expected to Be Issued Next Year
Australia Orders X to Block Murder Videos, Citing Online Safety and Public Exposure
Three Scientists Awarded Nobel Prize in Medicine for Discovery of Immune Self-Tolerance Mechanism
OpenAI and AMD Forge Landmark AI-Chip Alliance with Equity Option
Munich Airport Reopens After Second Drone Shutdown
France Names New Government Amid Political Crisis
Trump Stands Firm in Shutdown Showdown and Declares War on Drug Cartels — Turning Crisis into Opportunity
Surge of U.S. Billionaires Transforms London’s Peninsula Apartments into Ultra-Luxury Stronghold
Pro Europe and Anti-War Babiš Poised to Return to Power After Czech Parliamentary Vote
Jeff Bezos Calls AI Surge a ‘Good’ Bubble, Urges Focus on Lasting Innovation
Japan’s Ruling Party Chooses Sanae Takaichi, Clearing Path to First Female Prime Minister
Sean ‘Diddy’ Combs Sentenced to Fifty Months in Prison Following Prostitution Conviction
Taylor Swift’s ‘Showgirl’ Launch Extends Billion-Dollar Empire
Trump Administration Launches “TrumpRx” Plan to Enable Direct Drug Sales at Deep Discounts
Trump Announces Intention to Impose 100 Percent Tariff on Foreign-Made Films
Altman Says GPT-5 Already Outpaces Him, Warns AI Could Automate 40% of Work
Singapore and Hong Kong Vie to Dominate Asia’s Rising Gold Trade
Trump Organization Teams with Saudi Developer on $1 Billion Trump Plaza in Jeddah
Manhattan Sees Surge in Office-to-Housing Conversions, Highest Since 2008
Switzerland and U.S. Issue Joint Assurance Against Currency Manipulation
Electronic Arts to Be Taken Private in Historic $55 Billion Buyout
Thomas Jacob Sanford Named as Suspect in Deadly Michigan Church Shooting and Arson
Russian Research Vessel 'Yantar' Tracked Mapping Europe’s Subsea Cables, Raising Security Alarms
New York Man Arrested After On-Air Confession to 2017 Parents’ Murders
U.S. Defense Chief Orders Sudden Summit of Hundreds of Generals and Admirals
Global Cruise Industry Posts Dramatic Comeback with 34.6 Million Passengers in 2024
Trump Claims FBI Planted 274 Agents at Capitol Riot, Citing Unverified Reports
India: Internet Suspended in Bareilly Amid Communal Clashes Between Muslims and Hindus
Supreme Court Extends Freeze on Nearly $5 Billion in U.S. Foreign Aid at Trump’s Request
Archaeologists Recover Statues and Temples from 2,000-Year-Old Sunken City off Alexandria
China Deploys 2,000 Workers to Spain to Build Major EV Battery Factory, Raising European Dependence
Speed Takes Over: How Drive-Through Coffee Chains Are Rewriting U.S. Coffee Culture
U.S. Demands Brussels Scrutinize Digital Rules to Prevent Bias Against American Tech
Ringo Starr Champions Enduring Beatles Legacy While Debuting Las Vegas Art Show
Private Equity’s Fundraising Surge Triggers Concern of European Market Shake-Out
Colombian President Petro Vows to Mobilize Volunteers for Gaza and Joins List of Fighters
×