|
| Betting, Gaming & Lottery are fees, levies, duties and taxes that are imposed on games of chance. |
 |
|
| These are taxes and levies paid by bookmakers, racing promoters, Excepted machine operators and lottery companies. |
|
|
| Bookmakers are defined under Section 2 (1) Betting, Gaming and Lotteries Act as "Any person who whether on his account or as a servant or agent of any other person carries on; whether occasionally or regularly, the business of receiving or negotiating bets at declared odds". This person must be the holder of a bookmaker’s permit Betting, Gaming and Lotteries (Bookmaker’s Levy Scheme) order 1965. |
|
|
No person shall act as a bookmaker unless he is the holder of a valid bookmakers permit. The Betting, Gaming and Lotteries Commission issue permits in April of each year to expire in March of the following year (PRR 50A of 1975). Fees for licences and permits are payable to the Collector of Taxes.
Bookmakers and operators are required to make returns of bets and levies, pool betting duty and bet winnings tax within fourteen (14) days of each racing event, to the Commissioner of Inland Revenue. In addition they must satisfy the Betting, Gaming and Lotteries Commission that payment has been made, within twenty one (21) days after the race meet. The declaration on each return must be signed by a Justice of the Peace verifying accuracy.
Application for renewal of Bookmakers Permit/Licence should be made not less than sixty (60) days prior to the expiration of the current permit/licence.
Betting Office Licence fees are payable to the Commissioner of Customs and Excise. |
|
|
|
|
|
- Bookmakers Permit: $100,000.00
- Betting Agency: $400.00
- Betting Office: $400.00
|
|
|
| A Racing Promoter is defined as a person who with the approval of the Jamaica Racing Commission promotes horse racing at an approved race course. |
|
|
| An application is made to the Jamaica Racing Commission for a Racing Licence. Upon approval of the Licence an application is made to the Betting Gaming and Lottery Commission for a Track Betting Licence. Upon receipt of the application the applicant is asked to complete a set of application forms supplied by the Commission. |
|
|
| Caymanas Track Limited: $150,000.00 per annum (To be paid to the Betting Gaming & Lotteries Commission.). |
|
|
- Pool Betting Duty: 7% on ticket sales
- Racing Pool Duty on sale of tickets; 15% on both local and overseas races
- Bookmakers Levy: 11% on both local and overseas races
- Bet Winnings Tax on sale of tickets; 5.5% on racing pool; 10% on other
- Specific Duty: $80.00 per race day
|
|
|
| Follow this link to information on penalties
and interest for Betting, Gaming & Lotteries. |
|
|
| An Excepted Machine may be defined as an amusement machine declared by the Minister as an Excepted Machine. |
|
|
|
|
|
Only authorized persons may operate excepted machines. Authorized persons are categorized as follows:
- a) Retailer as defined under the Licence on Trade and Business Act.b) Owner or operator of a Tavern as defined under the Spirit Licence Act.c) Members of a proprietary or members club under the Registration of Clubs Act and any other person as the minister may specify by notice published in the Gazette.
- Excepted machines must be operated exclusively in prescribed premises that is, any premises for which a licence is granted under the Licence on Trade and Business Act, or the Spirit Licence Act, or which is registered under the Registration of Clubs Act.
|
|
|
Only authorized persons may operate excepted machines. Authorized persons are categorized as follows:
- An annual levy of $10,000.00 per machine is payable to the Collector of Taxes on the 1st of April each year.
- An annual licence fee of $2,000.00 per machine is payable to the Betting, Gaming and Lotteries Commission.
|
|
|
| These licences are issued by the Betting, Gaming and Lotteries Commission for the period April of one year to March of the following. |
|
|
| A lottery includes any game, method or device by which money’s worth is distributed or allotted in any manner that depends on or is determined by chance or lot held, drawn, exercised, or managed whether in Jamaica or elsewhere. (Imposition of Lottery Tax (Section 49 A (1) Betting Gaming & Lotteries) Act.) |
|
|
| Licences to operate lotteries are granted by the Betting Gaming & Lotteries Commission under the provisions of the Betting, Gaming and Lotteries Act. |
|
|
- Daily Numbers Game: This is a game where less than six (6) winning numbers are drawn more than twice weekly
- Declared Lottery: A lottery known as “Lotto” wherein six (6) or more winning numbers are drawn from a possible (34) thirty-four or more numbers.
- Instant Prizes and Instant Lottery: A game in which an instant prize is pre-determined and is offered.
|
|
|
| Follow this link to information
on penalties and interest for Betting, Gaming & Lotteries. |
|
|
|
