Government Encourages Grand Bahama to expand Gambling Business

The Bahama Government Plans to Issue More Licenses to Gambling Business

Casino Gaming in the Grand Bahamas is a special form of entertainment with the capacity for a positive economic impact. During the festivities, Dr. Daniel noted that from January to September 2021, the casino industry in Bahama generated a total revenue worth $131 million. However, the gaming board has never received even a penny of the revenue from the licensed hotels and casinos on Grand Bahama for almost 20 years.

According to the Bahama Gaming Board Executive chairman, the city lacks casino property for gambling expansion. Other cities such as Nassau, Atlantis, Nevada, and Orland have fully embraced the resort casino experience. They have all-inclusive resorts with casinos on the property, attracting millions of visitors to the resorts. For instance, Nevada host approximately 50 million visitors annually.

To expand the Bahamian gambling industry, Johnson and the Gaming board promised to issue one license by the end of 2022. The group will further issue another one in 2023. Ginger Moxey, the minister of the Grand Mahama who was also present in the commemoration ceremony, encouraged responsible gambling expansion in the country. She asked the board to “execute the social responsibility aspect of the Board as a priority agenda item.”