Mp Pantophlet Addresses Changes To Casino Policy
PHILIPSBURG, St. Maarten - Minister of Tourism, Economic Affairs, Transportation and Telecommunications (Ministry TEATT) Hon. Ted Richardson announced on Wednesday that he has annulled changes made to the Casino Policy where four additional casinos would have been allowed to operate in the country.
The annulment means that the Casino Policy that has governed the sector in the past years remains as is – status quo.
"In light of the multiple misinterpretations and misconception of the entire issue surrounding the amendment of the Casino Policy, intended to primarily increase Government income, I have taken the decision to permanently annul the entire process and keep the state of the industry as is.
"Any other review of the present Casino Policy will be left to the discretion of the next Minister of TEATT and to the upcoming Council of Ministers.
"The intention from the onset was timed to be in accordance with the Gaming Control Board, that has been signed and on its way to the different departments and advisory institutions for review and ratification.
"It must be clearly noted though that the intended amendment, that is now annulled, was never officially published, as it never went to the Council of Ministers for approval nor to the Cabinet of the Governor for approval and signature," Minister Hon Read more
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