Bermuda’s established legislative framework for the licensing and opening of a casino involves a three-
stage process. Following an extensive and in-depth suitability review, the Bermuda Gaming Commission
(the “Commission”) have granted Bermuda’s first casino licence to Hotelco Bermuda Holding Ltd. o/a St.
Regis Bermuda Resort (“the applicant”).


The Commission have determined that the applicant has met the legislative suitability requirements for a licence under the Gaming Act and Regulations.
The issuance of the licence permits the applicant to address necessary steps to comply with all the legislative requirements to open the casino. These are predominantly operational in nature which will include, but are not limited to, the establishment of the casino’s compliance committee, the finalization
of internal controls to ensure compliance with the statutory framework, the recruitment and training of employees, and the purchase, shipping and installation of gaming equipment and systems.


The opening date of the casino is entirely dependent on the casino operator meeting all legislative requirements for
opening which will be subject to the Commission’s review and approval. The Commission continues to be
ready to effect regulatory and supervisory responsibilities.


The Bermuda Gaming Commission commenced operations in 2015 based on the enactment of the Gaming Act 2014. The organization is responsible for regulating all lawful gaming in Bermuda, including casino gaming, based on five key principles: Owners, vendors,
managers, employees, and sources of finance should be free from any inappropriate past or present associations and behaviours, and uphold high ethical standards; operators should possess sound operational and financial controls; the games offered should be fair, honest, and operate with a high level of security and integrity; all fees, taxes, and related payments, should be appropriately accounted for and
paid; and controls should be in place to protect the vulnerable.

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