Bermuda’s Parliament has voted to streamline the casino
license process, a move that’s likely to speed up the approval of as many as
three resort casinos.
The government amended the Casino Gaming Act of 2014 to
establish a three-step process toward obtaining the three gaming licenses the
country plans to give out, said Michael Fahy, Bermuda’s tourism minister.
Bermuda granted "designated site orders" to the Fairmont
Hamilton Princess and the St. Regis hotel that’s being developed in St. George,
meaning that those two properties have completed the first of those three
steps.
Fahy said that Bermuda will likely establish regulations
during the next few months that will further detail how casino resorts will be
developed on the island.