Jamaica is an island country that is situated in the Caribbean Sea and is the third-largest island in the Caribbean and the Greater Antilles. The island was under Spanish rule between 1494 and 1655, with the British then conquering the country and ruling over Jamaica up until 1962 when it regained its independence.
When it comes to gambling, it could be said that Jamaica has a long history with this type of activity. Originally, gambling was deemed illegal in Jamaica with the enactments of the Gambling Law of 1899. However, this was during the period when the island country was under British rule. Since then, the country has introduced several amendments to its laws, changing the legal status of gambling after Jamaica regained its independence.
Online gambling is also legal in Jamaica, however, it is offered in a very restrictive form, with only horse racing wagers on local races being allowed to be made online. Both land-based and online gambling are regulated in the country, with the Betting, Gaming & Lotteries Commission being responsible for licensing and governing gambling on the island.
Even though the government is planning to introduce some amendments to the Casino Gaming Act, they will most likely focus on attracting more investments to Jamaica through developments in integrated resorts. Meanwhile, online casino gaming will most likely remain something that will be available only on offshore unlicensed websites.
Gambling Regulation in Jamaica 1f4g1q
The main piece of legislation that is currently regulating the gambling industry in Jamaica is the Betting, Gaming & Lotteries Act of 2012 and its latest amendments. Under this law, land-based gambling is legal in Jamaica, allowing both locals and tourists to participate in different gambling activities at the brick-and-mortar casino facilities spread across the island.
In addition to land-based casinos, Jamaica has also decriminalized the operations of racinos, racetracks, and betting shops. Under the Betting, Gaming & Lotteries Act, the legal age for gambling in Jamaica is 18 years. To offer any type of legal gambling, operators in Jamaica are required to obtain a license from the Betting, Gaming & Lotteries Commission. Currently, there are 22 gaming facilities in Jamaica, with 20 of them being brick-and-mortar casinos and the remaining two include a racetrack and a racino.
Casinos in Jamaica
Other Legal Forms of Gambling in Jamaica
Online Gambling in Jamaica
Casinos in Jamaica 2c1x2e
While slots were legally offered in Jamaica before that, land-based casinos were not properly regulated up until 2010 when the Casino Gaming Act was enacted. Like other gambling forms, casinos in Jamaica are also regulated by the Betting, Gaming & Lotteries Act of 2012 and its following amendments. To be able to legally offer casino services, operators must apply for a casino license from the Betting, Gaming & Lotteries Commission. There are quite a few brick-and-mortar casinos in Jamaica, with most of them operating as a part of hotels. This, however, is not a requirement that must be met as there are also casino venues operating on their own.
Typically, visitors of Jamaican casinos can enjoy the standard casino games such as slots, blackjack, roulette, poker, crabs, and others. The majority of the land-based casino facilities in the country are located in the capital city of Kingston or other major tourist areas like Montego Bay, Runaway Bay. Some of the biggest casinos in Jamaica include Mosino Gaming Lounge and Treasure Hunt Gaming.
In 2015, the Jamaican government approved two integrated resort projects that were supposed to boost tourist interest and welcome more visitors who can play at the resort casinos and enjoy various other facilities. Unfortunately, the two integrated resorts that were supposed to launch in Montego Bay and Trelawny faced several difficulties and are still in the process of development.
Other Legal Forms of Gambling in Jamaica 4m4n3
In addition to casino gaming, Jamaica has also legalized lotteries, horse race betting, and sports betting. While other forms of gambling can be offered by various operators that have been authorized to conduct such activities by the Betting, Gaming & Lotteries Commission, the lottery in Jamaica has been monopolized by Supreme Ventures. This is the only operator authorized to sell lottery tickets to residents of Jamaica and it also governs the lottery in a few of the surrounding countries.
The variety of lottery games offered in Jamaica includes Lotto, Super Lotto, Cash Pot, and more. Currently, however, the operator has not been licensed to operate online lotteries in Jamaica.
Sports betting has also been legalized in Jamaica, with bookmaker companies required to obtain a license from the Jamaica Racing Commission to be able to operate. Of course, like the rest of the gambling activities in Jamaica, sports betting is also regulated by the Betting, Gaming & Lotteries Act of 2012. Currently, the biggest sportsbook companies in the country are Post to Post and Anybet, both of which are also owned by Supreme Ventures.
In addition to placing wagers on sports, Jamaicans can also enjoy horse racing betting, with the racing industry in the country being regulated by the Betting, Gaming & Lotteries Commission and the Jamaican Racing Commission (JRC). The latter was established with the enactment of the Jamaica Racing Commission Act of 1972.
Horse racing as well as offtrack and ontrack pari-mutuel racing pools are promoted exclusively by Cayman Track Ltd. Currently, the operator owns about 60 offtrack betting parlors across Jamaica. In addition to wagering on international horse races, the offtrack betting parlors also offer punters the chance to bet on local races on certain days of the week.
Online Gambling in Jamaica 401b3v
Currently, the online gambling market in Jamaica is mostly unregulated, with limited options to legally bet online if you reside on the island. With the amendments in the local gambling laws in 2014, the Jamaican government allowed online betting. However, virtual betting is legalized in a very limited form as punters can place bets online only on horse races that are organized by Caymanas Park. Simulcast horse betting is also a form of online betting that has been legalized in Jamaica. However, it can only be done while physically present at one of the terminals of land-based licensed betting facilities.
While the sports betting options available online may seem disappointing, other forms of virtual gambling are completely unregulated in Jamaica. Even though operators can apply for a license to run land-based casinos, there are still no regulations to enable applications for online casino operations. With that said, since the current gambling laws on the island have not been updated, there are no mentions of how online gambling should be regulated. This is why many players based in Jamaica opt for playing on offshore casino sites. In fact, foreign online lotteries and sports betting sites will also often accept players and punters from Jamaica.
While there were several suggestions to update the Betting, Gaming & Lotteries Act to regulate online gambling, now amendments have been enacted. It should be noted that while it may not be illegal to play on foreign websites, as online gambling is still unregulated in Jamaica, players should be careful as they cannot be protected by the local legal system. This is due to the fact that it currently strictly regulates only land-based gambling and a few forms of online horse racing betting.
Gambling Regulators and Licenses in Jamaica 4k1lm
While the Betting, Gaming & Lotteries Act was enacted in 1965, it was not until 1975 that the Betting, Gaming & Lotteries Commission (BGLC) was established. The BGLC’s responsibilities include licensing and regulation of all gambling activities that have been legalized under the Betting, Gaming & Lotteries Act. The BGLC is a regulatory body of the Ministry of Finance and as such, it is appointed with the task of regulating betting, gaming, and lotteries in Jamaica. The BGLC also deals with the collection of fees and taxes imposed on license holders.
The types of licenses issued to gaming operators by the BGLC include the categories Gaming Lounges, Gaming Machine Premises Operators, Hotel Based Gaming Rooms, and Technical Service Providers. The BGLC can also issue lottery licenses, bookmaker permits, licenses for conducting prize competitions, permission to hold a bingo or raffle.
A BGLC license period begins on 31 March of every year and the taxes levied on license holders’ operations must be paid either on or before that period. Fees are paid directly to the Commission’s office or the BGLC’s bank .
While the regulation of horse racing betting also falls under the remit of the BGLC, this form of gambling is also regulated by the Jamaica Racing Commission (JRC), which was established through the Racing Commission Act of 1972. The JRC makes sure that horse races in Jamaica are conducted fairly, with the Commission also offering protection to all racing parties involved.
Gambling Taxes in Jamaica 4h687
When it comes to taxes levied on winnings generated through gambling, Jamaicans are only required to pay a 20% tax if they win more than $15,000 on a lottery game. This type of tax is usually deducted from the amount of the win by the gambling company so players are not required to pay any taxes after they get their winnings.
As for the taxes that gambling operators are required to pay, the tax rate may differ according to the type of activity the company conducts. According to the latest changes in the Licensing Fees and GOJ Taxes in 2018, the tax levied on casino operations is 10% of the gross profits that have been generated through the operations of all land-based gambling facilities.
There are several exceptions as certain activities require operators to pay different taxes. Bookmakers, including those allowed to operate online, are required to pay a tax of 16.5% on gross profits. As for all other types of sports betting, the tax rate that is levied is 9% of the gross profits. Lastly, racing promoters and operators offering simulcast racing are required to pay a tax of 7.5% of their gross profits.
Closing Thoughts 1s5o5g
Jamaica is not the first Caribbean country to legalize gambling but it has made sure that both tourists and locals can legally enjoy various forms of gambling. This, however, is mostly true only for the land-based part of the industry as online gambling is still mainly unregulated in Jamaica.
The proper regulation of land-based casinos began in 2010 with the introduction of the Casino Gaming Act. Prior to that, gambling was legalized in 1965 with the enactment of the Betting, Gaming & Lotteries Act which has gone through several amendments since then. Currently, the 2012 amended variant of this piece of legislation is the law that governs all gambling activities in Jamaica.
While in 2014, online horse racing on limited horse races was allowed, all other forms of online gambling are still not regulated in Jamaica. Although there were talks of introducing changes to the current form of the Betting, Gaming & Lotteries Act, the government still has not introduced law amendments that will regulate online gambling in the country. Despite the lack of regulations, however, many Jamaicans resort to offshore gaming websites to enjoy online casino wagerinf, lotteries, and sports betting.