Bermuda to issue first casino license

According to the BCGC, the application was duly submitted before the deadline, and it contains enough relevant details to be considered for the approval. Included in the application are the detailed plans concerning a development of a casino resort located in Hamilton.

Alan Dunch, Chairman of the Bermuda Casino Gaming Commission [BCGC], announced the Hamilton Princess Casino Limited Company has submitted a “substantially completed Casino License Application, in a bid to become the Island’s first Integrated Resort Casino.”

“The fully-funded application, submitted in answer to the Commission’s Request for Proposal process, was received before the close of the current filing period, July 21, 2017. The application provides the detailed plans to develop a casino within the Hamilton Princess & Beach Club, located on Pitts Bay Road in Hamilton, Bermuda,” the Commission said.

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Hamilton Princess will have an opportunity to present their proposal on September 22.

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“On September 22, 2017, the applicant will be presenting their proposal for approval to the BCGC in a meeting open to the public in the auditorium of the Bermuda Underwater Exploration Institute [BUEI] at 2pm. More details about the presentation will be released at a later date.”

Mr Dunch stated: “The BCGC is pleased to announce this landmark event in working to introduce the casino product into a Bermuda integrated resort.” He added: “We feel that this is an important step towards realizing the public policy goals of the Casino Act, by increasing employment and investment in Bermuda, as well as enhancing the tourism product.”

The Chairman stated, “I also want to thank the staff of the BCGC and the Princess for working the many long hours necessary to get us to this point.”

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Presentation of the casino proposal will be open to the media, and it will take place at the Bermuda Underwater Exploration Institute.

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The Bermuda Casino Gaming Commission commenced operations in 2015 based on the enactment of the Casino Gaming Act 2014. They were set up as the gambling regulatory body for the Bermuda, in charge of supervising all casino operators, vendors, managers, and even employees.

For more information visit www.bcgc.bm.