Cayman islands considers docked cruise ship casino licenses
The Cayman Islands is considering a revision of gambling legislation on docked cruise ships and their patrons being able to wager.
The news comes from Kenneth Bryan, the current Minister for Tourism and Ports for the nation 480 miles southwest of Miami and a core part of the Caribbean cruise routes.
Caymans considers cruise casino reform
The news of Minister Bryan’s goal of getting the docked ships to entertain games of chance and the lucrative tax benefits that the country would see was reported by the Cayman Compass.
The newspaper reported that Bryan addressed the issue, saying the capital, George Town, could see a boost to the economy and employment for berthed ships.
He said, “ships could econsider overnighting in our ports. Can you imagine what an uplift that could do to downtown George Town?”
He continued, “Most of us in this room is old enough to remember a time when George Town used to be the liveliest place in this country. Now after the sunset, it’s a ghost town. Maybe having a pier can be that one thing we talk about [regarding] the revitalisation of George Town.”
Gambling taxes bring a huge boon to the coffers as sports sides like the recent Super Bowl winners the Kansas City Chiefs have been considering.
Kansas City in Missouri is often confused with the state of Kansas. The state of Missouri has no recognized form of sports wagering on gambling in any part of the territory that the Chiefs call home.
Oklahoma is the only other state with no recognized sports wagering legislation. However, more and more states are considering the boost to their economy that could be applied via tax revenue.
American attitudes toward gambling have changed according to a recent study, covered by Readwrite, that shows a more positive perception of wagering across the nation.
The report carried out by the American Gaming Association (AGA) has shown that sports entertainment, mixed with wagering is a favorable way to pass the time
Image: Pexels.
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