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The Hamilton Princess & Beach Club is the first gambling license holder in Bermuda after applying to the Bermuda Poker Commission (BCGC).
According to the conditions, the applicant for a preliminary license when applying for must pay a first installment of $600 thousand. After receiving a preliminary permit, you need to pay $ 1.4 million, and for a full license – another $1 million.
According to the law on gambling of Bermuda, which came into force in 2014, one company can receive no more than 3 preliminary licenses. In January of the current year the corresponding permission was received by the resort St. George’s Resort, which is under construction. Official reception of applications for licensing in the region was terminated on July 21, 2017.
