Bahamas Lawmakers Consider Introducing Online Gaming Law
Recent reports show that the Bahamas tourism industry representatives will hold a conference in October 2013 in order to discuss various aspects regarding how the islands can attract more visitors, online gambling being one of the elements which could bring huge benefits to this nation. It seems that pro-gambling lawmakers are proposing the government to revise the current gambling regulatory framework, which is not in accordance with the fast-growing gambling industry that has significantly evolved through the previous years.
Prime Minister Perry Christie has admitted that pro-gamblers are right about the current regulatory system which needs to be revised as soon as possible. Furthermore, a representative of a Bahamas-based grand casino explains that the modernization of the licensing regime is of utter importance for operators who will be able to fairly compete with international companies in a secured market.
Experts are also saying that in order to differentiate themselves from international competitors, gambling firms need to understand the types of products that consumers are looking for and understand what they would prefer to find when they access an online casino, and this is what regulators should concentrate on when they modify the current gambling law. CasinoWebScripts offers online operators complete solutions and provides all the information on how to start an online casino which will undoubtedly increase entrepreneurs’ revenues significantly.
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