Jamaica Regulator Considers Online Gambling Capabilities

Yamaican gambling regulator betting, gaming and lotteries commission (bglc) confirmed that now examines the options for regulating gambling online on the territory of the country. This writes yogonet.

The regulator noted the growing popularity of online and mobile gambling worldwide and confirmed that he conducts a thorough study and analysis of regulatory modes in other jurisdictions, it expects to formulate a position for consideration by the ministry of finance and the public service in the coming fiscal year.

«One of the fastest growing gambling segments in the internet around the world are fantasy / virtual sports rates. They are especially popular in the usa, india and china, with an annual sales volume exceeding billions, — noted in bglc. — gambling online and fantasy / virtual sports rates that are quickly gaining popularity on jamaica will be studied in detail during the upcoming gaming industry summit, which will be held september 22, 2016».