Trinidad and Tobago to establish regulatory framework over gambling machines
Regulation · 2024-10-03
Trinidad and Tobago to establish regulatory framework over gambling machines
THE Gambling (Gaming, and Betting) Control Act – designed to prevent money laundering and tax evasion, and to protect the public from dishonest operators – is expected to be proclaimed in January.
There are provisions in the act for funds earned by the Gambling (Gaming, and Betting) Control Commission (GCC) for the treatment of people addicted to gambling.
Delivering the 2024/2025 national budget on September 30, Finance Minister Colm Imbert said the GCC had made “significant progress” in establishing a regulatory framework, having recently concluded public consultations.
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