BACKGROUND

Prior to 2007, gaming/gambling was regulated by the Gambling Prevention Act CHAP 9:02. In 2007, the aforementioned act was amended by the gambing prevention (Amendment) Act no:5 of 2007 which saw Sections 27-33 being added to the then Gambling Prevention Act CHAP 9:02, paving the way for licensed casinos and casino operations to become lawful and for the establishment of the Gaming Authority, both in 2008.These regulations are refered to as the Gambling Prevention(Establishment of the Gaming Authority) Regulation 2008 which became operational on October 31, 2008 and the Gambling Prevention(Casino Operators

 Prescribed Fees) Regulation 2008 which became operational on November 10, 2008.

Later in 2009 the enactment of the Anti-Money Laundering Countering the Financing of Terrorism AML/CFT Act 2009 saw the Gaming Authority being designated a supervisory body for casinos with the responsibiity of ensuring adherence and compliance with the AML/CFT Act and regulations thereof. The regulations stipulated the composition,form,functions, and responsibilities of the Gaming Authority with regards to Casino gaming/gambling/the type of licenses to be issued/fees to be paid/and financial obligations of the holder of a casino operator license