The Gaming and Betting Control Act
2020 (the Gaming Act), which commenced
on 9 July 2021 and was further amended in October 2021, seeks
to legalise and regulate gaming and gambling activities which were
previously banned in the British Virgin Islands
(BVI).
Gambling Commission
The Gaming Act provides for the establishment of a Gambling
(Gaming and Betting) Control Commission to regulate and oversee
gambling and gaming under the Gaming Act.
Activites requiring a licence
Pursuant to the terms of the Gaming Act, a person conducting any
of the following activities must have a licence from the proposed
Gaming and Betting Control Commission
(the Commission):
- owning or operating a gaming machine location for the purpose
of conducting gaming;