Pezzoli said the company is working closely with the Casino Gaming Commission to complete the required documentation while finalising the machines, equipment, and operational setup.
The Princess Grand Jamaica and the adjacent Princess Senses The Mangrove, a combined US$400m development with more than 1,000 rooms, were officially opened in December last year.
Casino gaming legislation was enacted in 2010, but earlier approved resort projects did not materialise. Amendments made in 2021, following recommendations from the COVID-19 Economic Recovery Task Force, eased licensing conditions and reopened the bidding process.
The Casino Gaming Commission (CGC) said it continues to establish the regulatory foundation for a modern and transparent casino sector. “The CGC’s foremost responsibility is to build a foundation that ensures Jamaica’s casino industry grows with integrity, accountability, and respect for the law,” said CEO Cleveland Allen.
“This means creating systems that protect investors, operators, employees, and the wider public while fostering confidence that every dollar earned is managed in a fair and transparent manner.”
The CGC has strengthened its licensing, compliance, and monitoring frameworks over the past year, introducing digital tools for real-time oversight and signing an information-sharing agreement with the Financial Investigations Division.
Princess Resorts will be the first licensed integrated resort development under the Casino Gaming Act, combining accommodation, entertainment, and gaming facilities.
Source: G3 Newswire
