Sports betting shops to resume operations shortly

Feb 23, 2013 News

The licences of Sports betting entities were revoked by Government, recently. On Wednesday the government decided to rescind its decision and to reissue the licences.
The result is that the betting shops (and not the horse racing salons) will soon recommence operations, but they will have to ensure their businesses are conducted only at the premises from which they are licenced to operate.
Head of the Presidential Secretariat Dr. Roger Luncheon made that announcement yesterday at post-Cabinet press briefing at the Office of the President.
Recalling that some licences were revoked by the competent authorities after the matter was raised at Cabinet and it was seen as a legislative matter. Consequently, Attorney General, Anil Nandlall was tasked with reviewing and revising the legislation to reflect Government’s administrative policy that pronounced on restrictions both nationally and geographically on betting, gambling and access to betting and gambling.
The betting shops that were licenced and in operation did not have their licences revoked, Dr. Luncheon said.
He added, “With specific reference to the licence that was most recently revoked, Cabinet’s intentions are to withdraw the revocation specifically and exclusively; from who were licenced and then disadvantaged.
The decision is to ensure the applicants conduct their business only at the premises that were licenced and nowhere else in Guyana.”
The revocation of licences or the clamping down on entities operating illegally by Guyana Revenue Authority (GRA) is nothing new says Khurshid Sattaur, Commissioner-General of GRA.
It was recently reported that GRA had shutdown several betting shops that were not following the proper procedures.
GRA had put a temporary closure on a gaming shop, SUPERBET, which is situated at Sandy Babb Street in the Kitty area.
According to Dwayne Scott, Operations Manager of SUPERBET, the licence for SUPERBET was never revoked but the entity was closed to allow proper procedures to be put in place. Scott said that this is the first entity of its kind in Guyana and so Government needed time to streamline certain operational procedures that the entity would have to follow.
He added that the procedures under which the entity operated were not too clear and so Government wanted to ensure there is transparency on both sides.
He assured that the company has complied with all the requirements of Government.

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