Jamaica's government is prioritizing plans to legalize online gambling, officials told Caribbean gaming shows and summits. They see a growing perspective on the development of the iGaming sector and want to make good use of them by legalizing online gambling for all citizens and guests in Caribbean countries.

According to Audley Shaw, Jamaica's finance and public services minister, who made a statement at the meeting, measures have already been taken to make the legalization process much faster, and the Jamaican government expects to create online gambling within the law. He made it clear that the iGaming service would be introduced to the public under appropriate supervisory conditions.

This environment will be provided by the Betting, Gaming and Lottery Commission, which is currently working through the regulations required by the licensing scheme. They are also discussing the supervision needed to regulate in the most convenient way possible for operators working in the interactive gaming sector.

All necessary measures will be taken to prevent problems such as money laundering and frightening funding for crime and illegal activities. The government fully understands the possibility that some creative criminals can use online gambling as an easy way to get money to achieve their illegal goals or as a way to launder the money they get in the same illegal way.

This is what makes Jamaica's banks, large corporations, and other stakeholders of various businesses think carefully about all possible consequences and come up with strategies to minimize risks. Small businesses have also taken steps to improve their self-management and monitoring practices.

Audley Shaw says there are two major investors who are very interested in providing all the support they need for Jamaica's internet gambling and the government has already spoken to most to discuss their professional partnerships. Looking at the big picture for Jamaica's online gambling industry, these investors want to make an effort and provide all of their resources.

Caribbean national governments have already met with two of their investors at an international level and have proceeded with applications for integrated resource development status. Government officials aim to approve the bill before a planned trilateral merger of local gambling regulators, including the Betting and Lottery Commission, the Jamaica Racing Commission and the Casino Games Commission. It must be completed by the end of 2017 and will bring about the birth of a single governing body that goes by the name of the Jamaican Games Committee.

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