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Showing posts from March, 2017
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CARIBEAN GAMING SHOW & SUMMIT lands a new destination: JAMAICA
The 7th Caribbean Gaming Summit will be staged in Montego Bay, Jamaica, June 14 – 15, 2017. 
After an exhaustive market analysis and evaluation, it is clear that Jamaica is emerging as an important new market in the Caribbean region’s gaming industry. Having the Caribbean Gaming Summit in Montego Bay provides the opportunity to better understand the country potential of Jamaica, learn about the developments in the Caribbean’s gaming industry and forge new partnershipsbetween the region’s operators and global service providers ” said Elizabeth Levia, CEO of CGS Group, LLC who are producing the event in Jamaica.  
CGS Group has confirmed a partnership with Jamaica’s Betting Gaming and Lotteries Commission for the staging of the Caribbean Gaming Summit. “We are delighted that Jamaica has been selected from among a group of highly competitive Caribbean countries for the 7th Caribbean Gaming Summit. This event builds on our …

SIGNED AND SEALED: CAYMANAS DIVESTED TO SUPREME VENTURES LIMITED

Kingston, Jamaica – After an eighteen month negotiation period, Supreme Ventures Limited finally inked the deal on the Caymanas divestment on Friday, February 10, 2017. The company submitted its bid in September 2015, with the government giving SVL the preferred bidder nod in March of 2016. Supreme Ventures’ tenure as the new operators of the entity begins on March 7, under the name Supreme Ventures Racing and Entertainment Limited, (SVREL). “I want to thank the members of the negotiating team for making today possible,” said SVL Chairman Paul Hoo in his remarks at the signing, held at the Ministry of Finance. He continued, “When the opportunity presented itself, it was natural for us to expand our portfolio into racing. We feel there are things that we bring to the table such as our distribution network, management and marketing expertise which has allowed us to build out a successful business.” It was a point underscored by Finance Minister, Hon. Audley Shaw, who called the divestment…