St Lucia Gaming Board 

Governance Associates chosen to consult on Turf Club & wagering laws



Saint Lucia Turf Club

The Government of Saint Lucia is undertaking an expansive horse racing initiative as reported recently in Thoroughbred Daily News, "Pearl of the Caribbean Project Progressing & Expanding".

The racetrack, which is already under construction, recently took the next steps towards becoming a reality when the Royal St. Lucia Turf Club was formed, which will manage and operate the new racing venue. Also in the pipeline is a high profile reclamation project which will be part of the Pearl of the Caribbean development. This is part of a multi-billion dollar investment.

Saint Lucia Gaming Board

Recognising horse racing and likely betting on this scale will require legislative and regulatory oversight the Saint Lucia Gaming Board engaged Governance Associates Ltd to consult in these cutting edge and unique opportunities being presented to Saint Lucia.

Governance Associates

"Governance Associates is a natural fit for this project", said Alan Pedley (Director) speaking at London ICE, "we are excited by the oportunities this brings in our involvement but more importantly to Saint Lucia. We are a CARICOM company focussed on bringing tier 1 expertise and knowledge to emerging jurisdictions. We have been consulting to Caribbean governments and regulators for more than a decade".

Governance Associates recognises the particular needs of non-G20 countries in establishing internationally visible racing, betting, and gambling industries. Governance Associates have assigned a policy and legislation expert (Tony Clark) to lead this project.

Saint Lucia latest in Caribbean clients for Governance Associates

In addition to our European and Asia-Pacific clients the Saint Lucia Gaming Board joins St Kitts & Nevis Financial Services Regulatory Commission (FSRC); Jamaica Betting, Gaming and Lotteries Commission (BGLC); Antigua & Barbuda Financial Services Regulatory Commission (FSRC); and Antigua & Barbuda Office of National Drug and Money Laundering Control Policy (ONDCP) as regional clients.

Solution

Whether its a horse racing industry, wagering legislation and regulation, casino legislation and regulation, slot machine legislation and regulation - let Governance Associates custom design a solution for your jurisdiction (FATF AML compliance built in).