← belizelaw.ai · Gaming Control (Licensed Gaming Premises) (Accounting And Internal Control) Regulations, Cap. 152s06

Junkets

Gaming Control (Licensed Gaming Premises) (Accounting And Internal Control) Regulations, reg. 9 · Revised Edition 2020

(1) Junkets shall be defined as an arrangement for a visit to Belize of more than 24 hours, the primary purpose of which is to induce eight or more persons to engage in gaming at a licensed casino and pursuant to which, the cost of transport, food, lodging and entertainment with an aggregate value of more than $250.00 for each such person, is directly or indirectly paid by the Casino Licensee. The cost of these items shall be calculated on the basis of the retail price normally charged. (2) A junket representative shall be considered as a person responsible for the organisation of a junket. There may be more than one junket representative for a single junket. Such a representative includes persons resident outside Belize. (3) Before the arrival of a junket, the Casino Licensee shall supply to the BoardGaming Control 143 (a) the airline, flight number and time of arrival (or equivalent information if transport is by sea or land); (b) the proposed length of stay in Belize of the persons participating in the junket; (c) place of accommodation in Belize; (d) the number of participants expected. (4) Within 24 hours of the arrival of the junket, the Casino Licensee shall supply the Board with the names and residential and/or business addresses of the participants. (5) A Casino Licensee shall compile and retain in respect of each junket, records available for inspection by the Board which shall include– (a) a sequential number to identify each junket; (b) the name and address of the junket representative responsible; (c) the origin of the junket; (d) the name of each participant; (e) place of accommodation in Belize; (f) arrival and departure dates; (g) deposit required; (h) complimentary services given; (i) the credit extended to each participant which remained unpaid at the date of departure; 144 Gaming Control (j) the name and address of any collection agency with which the Licensee has made an arrangement for the collection of debts; and (k) a copy of the agreement between the Licensee and the junket representative or a detailed written description of such an agreement, if it has not been reduced to writing. (6) Each casino licensee shall file a quarterly report with the Board, within one month after each calendar quarter, which lists the junkets operated during one quarter. Such a report shall include in respect of each junket information required under subregulation (5) above except that it need not record the names of participants in each junket and the aggregate figures for deposits required and the credit remaining unpaid at the date of departure.
Have a question about this section? Ask belizelaw.ai →