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• Evans also told the Financial Gleaner that while the Bank of Jamaica, BOJ, is responsible for regulating mobile money and epayment systems, the central bank’s oversight did not extend to online gaming in the mobile space.

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The Government of Jamaica has strengthened its public sector procurement system with the April 1, 2019 entry into force of Jamaica’s first legislative framework on public procurement. Halsall sees an opportunity to grow those numbers, by essentially making it easier for persons to place multiple bets. “Reports indicate that illegal gambling operations are raking in an estimated $2 billion each year. A big chunk of that money is used to fund the criminal underworld,” he noted. He further noted that, as the oversight body, the Betting, Gaming and Lotteries Commission (BGLC) has forged memoranda of understanding with law-enforcement authorities to have financial intelligence shared in real time. “This is why the Government, through the regulator, increased its surveillance of the industry and will extend all the resources necessary to clamp down on illegal gaming.

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