Wednesday, May 2, 2012

Bookies clash with BGLC over multi-year licensing of betting shops - Business - Jamaica Gleaner - Wednesday | May 2, 2012

Bookies clash with BGLC over multi-year licensing of betting shops - Business - Jamaica Gleaner - Wednesday | May 2, 2012: "A two-year-old change in gambling laws makes bookmakers eligible to buy five-year operating licences, but the owners of betting shops have said they cannot take advantage of the concession because of expensive rights fees they must pay at the horse track.

But the regulatory authority, Betting, Gaming and Lotteries Commission (BGLC), said bookmakers are misinformed and the fee does not factor into approvals.

"The commission does not insert itself into the commercial arrangements of the bookmakers. We would be acting ultra vires if we did not issue a permit," said BGLC Executive Director Derek Peart."

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