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The Bahamas tourism industry will be gathering next month for a conference in which they will discuss the benefits that legalizing online gambling would bring to the Caribbean country.
The discussion will take place at a conference titled “Shrinking The Global Divide: Synergy, Service and Sustainability" which will be held at the Atlantis Resort in Nassau.
Legalized online gambling is something that politicians and industry analysts in the country have been calling for a review on the act, which they claim could bring new tax revenues for the government, additional jobs, and help pad the gambling industry when tourism season ends.
Commenting on the issue, Baha Mar Rsort and Casino Senior Legal Executive Uri Clinton said: “One way that you differentiate yourself from the global competition is to understand what types of gaming products and best practices will appeal to your market segment. Understand who the market is (and) what they look for in a casino; and then we should write regulations that not only properly support the oversight of gaming operations from a regulatory perspective, but also allow the operator the flexibility to provide gaming products, which the market is looking for."
Clinton also feels that online gambling could draw short term tourism, as players would travel to the islands in order to place sports bets, as the act is currently not legal anywhere on the east coast.
Casino Listings will update this story as we learn the results of the conference.