We have seen compounded growth rates over the last two to four years ranging from 15 to 30 per cent, and with the roll-out of sports, mobile, telephone and text betting the industry is expected to see another 10 to 20 per cent increase.Gary Peart, the Chairman of the Jamaican Betting, Gaming and Lotteries Commission
Jamaica lawmakers are looking into amending their Betting, Gaming and Lotteries Act to make online gambling legal in their country. The issue will be talked about on Thursday the 29th of May, at their very first gaming summit.
The Jamaican Betting, Gaming and Lotteries Commission have been looking into the possibility of legalising online gambling over the last couple of months, as they believe that it could help raise $1 Billion in extra taxes that the government desperately needs.
Gary Peart the Chairman of the Jamaican Betting, Gaming and Lotteries Commission believes that they can successfully regulate and monitor internet gambling. By regulating the industry, they believe they will not only boost Jamaica’s economy, but also be able to protect the consumers at the same time as they will be playing at a legalised site.