Bermuda Spends $600,000 on Gaming Legal Fees

The Caribbean nation of Bermuda spent about $600,000 in legal services related to the regulation of gaming last year. Part of that was to shut up a former executive director, Richard Schuetz.

The island nation of Bermuda last year spent nearly $600,000 on legal services associated with the regulation of gaming.

The figures were published in the Bermuda Casino Gaming Commission’s Official Gazette. Most of the money was spent with the law firm Conyers Dill & Pearman, in a contract that commenced January 2017. It spent $65,892 with Wakefield Quin in a dispute with former Gaming Commission Executive Director Richard Schuetz.

The commission hired the firm to obtain an injunction silencing the former director after he submitted his resignation. Schuetz, whose successor still has not been named, claimed his warnings about “glaring deficiencies in the anti-money-laundering regime of this island’s betting sector” were ignored.

The Royal Gazette has tried to get details on other expenditures by the commission, including details of the commission’s income and expenditures, details of agreements between the commission and the United Kingdom Gambling Commission, and several other requests, including how much was spent on consulting with George Rover, the former deputy director of the New Jersey Division of Gaming Enforcement.

The commission was created in 2015.