Global Casino BOOM

Here is the company’s press release detailing the plans for their casino hotel in Jamaica:
Prime Minister Golding announced yesterday in Parliament that his Government has entered into an agreement with the developers of The Palmyra Resort & Spa at Rose Hall to construct the island’s first casino hotel.
The proposed US$1.8 billion, 4-5 star Resort & […]

I would expect much more of this over the coming months.
One local hotelier has expressed an interest in applying for a casino licence, the Business Observer has learnt. However the hotelier, tourism sources say, does not have the required 1,000 rooms, even though he has the US$1.5 billion which the government requires for investment.
If you […]

When I wrote about Palmyra Resort & Spa getting a casino license, it looks like I missed that Harmony Cove in Jamaica would also be granted a casino license under the Prime Minister’s Proposal.
Harmony Cove was already in the process of developing a large resort complex in Jamaica. Harmony Cove’s website says, “Tavistock Group has […]

Prime Minister, Bruce Golding, has said the Government has taken the decision to permit the licensing of casinos in Jamaica and has already approved proposals for a major new investment predicated on the granting of a casino licence.
The Prime Minister, who was making his contribution to the 2008/09 Budget Debate in the House of Representatives […]

As I mentioned a few days ago, Jamaica has given the OK for new multi billion casino resorts. Currently there are slot machines in Jamaica, but not table games, and certainly nothing like we what we’re about to see. The requirements for a casino license are:
that applications for casino licenceswill only be considered if certain […]

It looks like Jamaica might be moving toward its first casino, and its not fiddling around. Apparently the government is in talks with an international gaming company to build a 3000-4000 room multibillion casino resort. Sun, sandy beaches, proximity to US. This sounds like a no-brainer.