Virgin Islands Casino Commission amended casino regulations
The St Croix office of the Virgin Islands Casino Control Commission amended regulations for enterprise zone hotel casinos, commission bylaws and application approval for non-gaming services and employees.
Virgin Islands.- The Virgin Islands (CCC) amended regulations for enterprise zone hotel casinos, commission bylaws and application approval for non-gaming services and employees.
According to the commission’s chairwoman and chief executive officer, Violet Anne Golden, the Governor’s Office and the Senate will be submitting the new casino regulations for final approval. Golden said that the staff and the commission’s attorney Andrew Simpson had worked on the regulations for several months and that they believe them to the reasonable.
The law requires an annual investment by hotels and their casinos of 60 percent of the net cash, in Christiansted or Frederiksted enterprise zone improvements. The CCC approved regulations that direct hotels to notify the commission of these renovations and acquisitions within a period of 60 days, as well as to identify both contractors and subcontractors.
As per the stipulations and amendments of the new regulations, Virgin Islands senators, as well as others who hold elected or appointed local or federal office, are listed as ineligible to work as a contractor or subcontractor on renovations or to invest in acquisitions. In addition, employees of Gaming Enforcement and the CCC, as well as those licensed by the commission or by service industry providers, are prohibited from participating, with secretarial and clerical employees being the exception.
As of now, Hotel Caravelle and Casino located in downtown Christiansted is the only property affected by the CCC’s new regulations.
The commissioners also approved new and temporary licenses for employees of casinos, as well as work permits and non gaming service providers.
