Isle of Man inches closer to new casino regulations

A bill seeking to amend the existing casino regulations in the Isle of Man has made an important progress at the House of Keys.

Members of the House of Keys (MHK) gave the green light to the proposed Casino Amendment Bill last week, when it had been considered at a second reading, local media IOM Today reported.

The Isle of Man, a self-governing British Crown Dependency, implemented its original 1986 Casino Act more than three decades ago, paving the way for the development of up to two casinos. Currently, only one casino—the Western Palace Hotel & Casino in Douglas—is operating on the Isle of Man.

Under the original Casino Act, casinos on the island are required to operate from specified premises, and a single license cannot cover multiple sites. But the amendments in the 2017 bill will allow existing gambling venues to move premises without losing their licenses.