What Happens in Grenada, Stays in Grenada – Gambling in Grenada and the Casino Gaming Act 2014
November 13, 2015
In 2014, the Government of Grenada passed legislation in respect to casino gaming, involving such games as BlackJack, Roulette, Poker, Craps and the like.
This Act called the “Casino Gaming Act” regulates the licensing of casinos, and places restrictions to casinos and gaming in casinos. In particular, a licence to operate a casino can only be granted to a body corporate which owns or manages a hotel of at least 300 rooms approved or accredited by the Grenada Tourism Authority or approved by the Minister of Finance. All hotels holding a licence to operate a casino are subject to an annual tax depending on the floor space of the casino.
Also of particular importance, is that Grenadian locals are not permitted to engage in any casino activities, on pains of liability of a fine of EC$10,000.
Prior to the introduction of the Casino Gaming Act, gambling was strictly prohibited in Grenada, subject to specific exceptions. The Casino Gaming Act forms part of a body of newly introduced and or amended legislation aimed at diversifying Grenada’s investment and income portfolio.