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Reports JAMAICA MARKET REPORT


won by correctly matching the wining number. Price of play is $10. Te company launched two new lottery games in 2014 and revenue increased primarily on Money Time game which is the second biggest earner.


Te lottery pays 20 per cent tax and in 2015 handed over J$2.216bn in taxes. Supreme Ventures saw total revenues in 2015 of J$43.8bn and a gross profit of J$4.4bn.


Of these revenues the lottery saw revenues of J$36bn (Cash Pot was responsible for J$24.5bn alone followed by Pin Codes with J$6.8bn and Money Time with J$4.1bn). Te VLT sector saw the company achieve J$284.5m in revenues whilst sports betting saw J$575.8m


Intralot provides technical services for sports betting, gaming machine lease and central monitoring system for the VLTs.


GAMING LOUNGES Total sales for the gaming sector were up in 2015


by 30 per cent to a total of J$75.1bn divided between gaming lounges with J$73.7bn and non gaming lounges with J$1.43bn


Tere are 17 gaming lounge operating companies with a total of 29 locations, which generated the sales with a gross profit of J$3.4bn. Tere are 40 non gaming lounges (19 slots and under) which saw a gross profit of J$126.1m. Data is from March 2016.


Operator Everglades Farm Ltd saw the highest profit followed by Rory Chinn locations, Prime Sports Jamaica Ltd (Supreme Ventures), Yahman Technologies and SMWS Games Ltd.


Tere are a total of 6,403 gaming machines which were licensed during that period of which


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Te law permits for a maximum of three licences to be issued with a geographic boundary and the process requires an approved resort developer. So far two investors have been selected to build 2,000 or more hotel rooms alongside other amenities.


2,369 are slots in gaming lounges; 324 slots in non gaming lounges and 3,710 local machines – these are machines which are manufactured in Jamaica such as the joker poker machines otherwise known as over the counter machines. Te parish with the largest number of machines (62 per cent) is St Andrew.


Te sector pays 6.5 per cent of its gross profit in taxes to the inland revenue; 2.5 per cent to the BGLC and one per cent to CHASE.


Everglades Farm Ltd operate four locations in St Andrew and St James and had 358 slots in 2015 and total sales of J$16.1bn; Rory Chinn has two locations with a total of 304 slots and sales of J$18.6bn whilst Prime Sports has five locations with 457 slots and sales of J$6.7bn.


RESORT CASINOS Until recently Jamaica’s gambling industry


offered slots via the gaming halls and betting. In 2010 although there was huge opposition from church organisations a bill to expand and regulate casino gaming was finally passed in Parliament.


Te Casino Gaming Act gave casino operators the chance to be licensed in Jamaica and also operate as an Integrated Resort Developer. Te


idea was it would help with the government’s plan to expand the tourism industry by developing a number of large scale resorts.


It wasn’t however until two years later that the legislatures passed another two bills which would permit full scale casino operations on the island and the Casino Gaming Commission was set up as the regulatory body under the act.


Te law permits for a maximum of three licences to be issued with a geographic boundary and the process requires an approved casino resort developer. So far two investors have been selected to build 2,000 or more hotel rooms alongside other amenities. However construction work has not yet commenced for either project and so far the Casino Gaming Commission has not issued any casino gaming licences.


Mr Cleveland Allen, Legal Office for the CGC said: “Any additional applications for IR Project approval will be submitted directly to the portfolio Ministry and will be processed by that Ministry. Te Casino Gaming Commission is not involved in the process of evaluating applications for IR Project approval.”


Te Casino Gaming Act includes the following


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