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Application submitted for first casino licence in Bermuda
Published on August 11, 2017 Email To Friend    Print Version

HAMILTON, Bermuda -- Century Casinos, Inc. has submitted a licence application for a casino at the Hamilton Princess Hotel & Beach Club in Hamilton, Bermuda, jointly with the company that owns the property, believed to be the first such application for a casino licence in Bermuda at this time.

At this time there are no casinos in Bermuda. The Bermuda Casino Gaming Commission, following the enactment of the Casino Gaming Act in 2014, initiated a three-stage application process for the island's first casinos in 2015. The government granted two 'designated site orders', one to the Hamilton Princess hotel in 2016, completing the first stage of the application process. In total, there is the potential for four licensed integrated resort casinos to operate on the island.

The second stage of the application process started in April 2017, when the Commission published a notice starting a three-month period for filing of an application for a casino licence, which ended on July 21, 2017. The next step will be a hearing of the application on September 22, 2017. This second stage may end with the award of a provisional casino licence by the Commission.

The third stage of the application process will be the suitability stage. Only at the conclusion of this final stage will a casino licence be granted, permitting the offering of gaming to the public, subject to the final approval of the Commission to open and operate the casino.

Century Casinos’ Austrian subsidiary, Century Casinos Europe GmbH (CCE), will manage the operations of the casino, should a licence be awarded and, in addition, provide loan funding of $5 million for casino equipment.

The casino, with approximately 12,000 square feet of gaming space, will feature 17 gaming tables, 200 slot machines and an automated roulette machine on its main casino floor, high limit area and salon privé.
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