Shawn Crockwell, minister of Bermuda Tourism Development and Transport, recently announced the island nation has established the Bermuda Casino Gaming Commission under the Casino Gaming Act passed last year. Alan Dunch was named chairman, and Garry Madeiros and Denis Tucker will serve as commissioners. Two more will be named later, Crockwell said.
The new commission will regulate Bermuda’s gaming industry, set best practice standards and ensure compliance, and also issue licenses to operators. In addition, the commission will approve the type of gaming equipment used in Bermuda casinos plus casino floor layouts.
Meanwhile the House of Assembly is considering a draft of the site selection application process, detailing how landowners can apply for a casino to be developed at a specified location. If the measure is approved, landowners would submit an application with a nonrefundable $50,000 fee to the new Bermuda Casino Gaming Commission. Applications must include plans, specifications, drawings, reports and other required documentation to support the location’s suitability to host an integrated resort and gaming facilities. Crockwell will make the final decision regarding a site; the operator still must apply for a casino license.
Crockwell said at least five global casino operators have expressed interest in Bermuda. He said he hopes the first facility could open in time for the 35th America’s Cup in 2017.