Mandeville Weekly News

FINANCE MINISTER HIGHLIGHTS IMPORTANCE OF GAMING INDUSTRY

Posted by SR (riley) on Oct 05 2016 at 6:15 PM
Mandeville Weekly News >>

Finance and the Public Service Minister, Hon. Audley Shaw, has underscored the gaming industry’s potential and importance in contributing significantly to the Government’s growth agenda, adding that the Administration’s revenue intake currently benefits from billions of dollars from the industry through taxes and fees remitted to central and local government.

The Minister said that the sceptics should dispel the belief that the industry promotes negative and antisocial behaviour.  “We must focus on the rewards that can be achieved and the support that will be given to the growth of the Jamaican economy, while not ignoring our responsibility to control any negative circumstances that may arise,” he added.The rewards, Minister Shaw indicated, include diversifying the industry as part of efforts to further boost tourism, citing casino gaming as an example of one area that could attract foreign direct investments.

Minister Shaw said that the Government’s recognition of the gaming industry’s potential and importance necessitated that its products be packaged, advertised and distributed, similarly to what obtains with Jamaica’s culture, music and sports. TheMinister said it is imperative that the industry be promoted in a more productive and positive light, in order toremove existing stigmas, facilitate responsible behaviour and protect our children.  “I wish to see a culture change among stakeholders, as gaming needs to be viewed as a sport,” he  said.

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