News Release: HAMILTON, Bermuda – “This is good news…” said Premier David Burt today (Oct 9) after the Bermuda Gaming Commission’s announcement on Friday that the St Regis hotel has been granted Bermuda’s first casino license.

“This represents new employment opportunities and a potential increase in hospitality jobs. The process has been a long and detailed one in which the Commission and the hoteliers have worked together to ensure that all aspects of the statutory requirements are met. The hotel’s owners have demonstrated a genuine commitment to Bermuda and to the East End of the Island and we truly value their contribution to the tourism industry and the community.”

Premier Burt continued: “The development of the casino industry is one of the four lead initiatives of the Government’s Economic Recovery Plan and with this announcement Bermuda moves a step closer towards realizing that goal. This bodes well for additional investment into Bermuda and into tourism in
particular.”