The Isle of Man Casino (Amendment) Bill 2012 passed its second reading in a sitting of the Isle of Man’s Legislative Council at the start of May.
The aim of the amendment is to permit the staging of live gaming tournaments in the island.
Eddie Lowey MLC is the Treasury member leading the bill through the Legislative Council. He said “I believe the Isle of Man would be doing a dis-service to itself if it didn’t participate and take advantage of its reputation as well regulated in this area, as far as gambling is concerned”.
The bill will allow larger live tournaments and premises other than those belonging to a casino (of which there is currently only one in the island) to be used on a temporary basis for the purposes of gambling. The Isle of Man’s Gambling Supervision Commission would be given powers to grant temporary certificates for such premises.