Home Cayman islands considers docked cruise ship casino licenses

Cayman islands considers docked cruise ship casino licenses

The Cayman Islands is considering a revision of gambling legislation on docked cruise ships and their patrons being able to wager.

The news comes from Kenneth Bryan, the current Minister for Tourism and Ports for the nation 480 miles southwest of Miami and a core part of the Caribbean cruise routes.

Caymans considers cruise casino reform

The news of Minister Bryan’s goal of getting the docked ships to entertain games of chance and the lucrative tax benefits that the country would see was reported by the Cayman Compass.

The newspaper reported that Bryan addressed the issue, saying the capital, George Town, could see a boost to the economy and employment for berthed ships.

He said, “ships could econsider overnighting in our ports. Can you imagine what an uplift that could do to downtown George Town?”

He continued, “Most of us in this room is old enough to remember a time when George Town used to be the liveliest place in this country. Now after the sunset, it’s a ghost town. Maybe having a pier can be that one thing we talk about [regarding] the revitalisation of George Town.”

Gambling taxes bring a huge boon to the coffers as sports sides like the recent Super Bowl winners the Kansas City Chiefs have been considering.

Kansas City in Missouri is often confused with the state of Kansas. The state of Missouri has no recognized form of sports wagering on gambling in any part of the territory that the Chiefs call home.

Oklahoma is the only other state with no recognized sports wagering legislation. However, more and more states are considering the boost to their economy that could be applied via tax revenue.

American attitudes toward gambling have changed according to a recent study, covered by Readwrite, that shows a more positive perception of wagering across the nation.

The report carried out by the American Gaming Association (AGA) has shown that sports entertainment, mixed with wagering is a favorable way to pass the time

Image: Pexels.

About ReadWrite’s Editorial Process

The ReadWrite Editorial policy involves closely monitoring the tech, gambling and blockchain industries for major developments, new product and brand launches, AI breakthroughs, game releases and other newsworthy events. Editors assign relevant stories to in-house staff writers with expertise in each particular topic area. Before publication, articles go through a rigorous round of editing for accuracy, clarity, and to ensure adherence to ReadWrite's style guidelines.

Brian-Damien Morgan
Tech Journalist

Brian-Damien Morgan is an award-winning journalist and features writer. He was lucky enough to work in the print sector for many UK newspapers before embarking on a successful career as a digital broadcaster and specialist. His work has spanned the public and private media sectors of the United Kingdom for almost two decades. Since 2007, Brian has continued to add to a long list of publications and institutions, most notably as Editor of the Glasgow 2014 Commonwealth Games, winning multiple awards for his writing and digital broadcasting efforts. Brian would then go on to be integral to the Legacy 2014,…

Get the biggest tech headlines of the day delivered to your inbox

    By signing up, you agree to our Terms and Privacy Policy. Unsubscribe anytime.

    Tech News

    Explore the latest in tech with our Tech News. We cut through the noise for concise, relevant updates, keeping you informed about the rapidly evolving tech landscape with curated content that separates signal from noise.

    In-Depth Tech Stories

    Explore tech impact in In-Depth Stories. Narrative data journalism offers comprehensive analyses, revealing stories behind data. Understand industry trends for a deeper perspective on tech's intricate relationships with society.

    Expert Reviews

    Empower decisions with Expert Reviews, merging industry expertise and insightful analysis. Delve into tech intricacies, get the best deals, and stay ahead with our trustworthy guide to navigating the ever-changing tech market.