The British Virgin Islands, commonly referred to as BVI, is a self-governing territory offshore Britain. This region consists of more than 50 islands that are a British overseas territory. It is located to the east of Puerto Rico and north of the US Virgin Islands. However, only 16 islands are inhabited, and the capital, Road Town, is located on Tortola Island.
The total area of the territory is about 59 square miles, and it is inhabited by approximately 32,000 people. Since this territory is self-governing, each island has the right to issue its own laws. Although gambling has deep roots in Britain, it is not regulated in these islands.
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Gambling Laws
Gambling activities in the British Virgin Islands are governed by the Gambling, Lottery and Betting Act.
Under this law, the permitted forms of gambling and the conditions under which it is permitted are determined. Under certain circumstances, lotteries may be permitted, especially for charitable purposes. These are subject to strict regulations and oversight. On the other hand, casino gambling has traditionally been banned in the Virgin Islands. This includes the operation of land-based casinos as well as online casino gaming platforms located within the jurisdiction.
Despite these restrictions, there have been discussions over the past years about the possibility of licensing gambling providers to boost tourism and increase tax rates, but the BVI Gambling Act has not yet entered into force.
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