Caribbean Gaming News: Latest Updates on Casino and Sports Betting Developments

Caribbean Gaming News: Latest Updates on Casino and Sports Betting Developments

By Michael Harrison

November 21, 2024 at 05:51 PM

Gaming developments and updates in the Caribbean region focus on casino expansions, regulatory changes, and market growth across various jurisdictions.

Recent Major Developments

Baha Mar construction firms have pledged Bahamian assets as collateral while appealing a $1.6 billion court ruling. Meanwhile, Vici Properties is exploring investment opportunities at the Atlantis mega-resort in The Bahamas.

Royal Caribbean has expanded its casino offerings, extending the Casino Club earning period for Celebrity Cruises and converting jazz clubs to smoke-free casinos across their fleet.

Market Updates by Territory

Puerto Rico

  • Casino Metro announces $6.2 million upgrade plan
  • Ponce Plaza Casino partners with IGT for sports betting technology
  • First fully domestic sportsbook launches
  • Casino Del Mar introduces high-roller gaming room
  • Sports betting market shows promising returns

Dominican Republic Gambling revenue continues to show strong growth according to recent statistics.

Jamaica Emerging as a significant gambling market with new developments and opportunities.

Bermuda Casino implementation remains stalled despite gaming commission executives receiving six-figure salaries.

Curacao Sets implementation date for new iGambling reforms to modernize regulatory framework.

Cruise Industry Updates

  • Crystal Cruises reintroduces casinos for 2024 voyages
  • Carnival Cruise introduces progressive table games
  • Royal Caribbean expands smoke-free casino options

Recent Incidents Guyana's Ramada Hotel Casino suffered fire damage, impacting operations.

The Caribbean gaming market continues to evolve with new technological implementations, regulatory changes, and facility upgrades across multiple jurisdictions, showing strong growth potential despite some challenges.

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