Stakeholders are saying when the Gaming and Gambling law is passed the ARC should pursue…… SUNDAY HORSE RACING!

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Some stakeholders in the horse racing industry are saying that when the Gambling and Betting Bill becomes law, the Arima Race Club (ARC) should pursue staging racing on a Sun­day.

Sunday racing is part of the draft legislation in the Gaming and Betting Con­trol Bill 2016 – a report of the Joint Select Committee was laid in the House of Representatives by Finance Minister Colm Imbert re­cently.
This is one of the initia­tives that the ARC can pur­sue to lure race fans and their families back to horse racing at Santa Rosa Park.
In most developed coun­tries around the world, horse racing is staged on a Sunday.
Imbert had said previous­ly that not a dot or a comma was changed in the Gaming legislation which was draft­ed when the Kamla Persad-Bissessar PP government was in office.
The Bill was passed in the House and was sent to the Senate where it was referred to a Joint Select Committee (JSC).
But before the JSC could start to examine the leg­islation, Parliament was prorogued in 2015 to make way for the General Elec­tion.
When the PNM govern­ment came into office in 2015 the Bill was sent back to the JSC to prepare a re­port which took more than four years which Imbert presented in Parliament to be debated.
Imbert focused more on the appointment of a Com­mission and the members who would be appointed to the Board and the heavy fines in the report.
Some observers are say­ing that it appears that the Government is more focus­ing on regulating the casino industry, curbing fraud and money laundering and oth­er criminal activities since Imbert made no mention of horse racing.
Attorney General Faris-al-Rawi said the provisions in the report were necessary to strengthen the ability of the police to pursue crimi­nals who may be using casi­nos to launder money.
This rush to bring the report of the JSC to regu­late the gambling industry comes on the heels of Al-Rawi going to Paris this week to try to get Trinidad and Tobago removed from the Financial Action Task Force (FATF) blacklist.
T&T and 15 other coun­tries were blacklisted by the FATF because it was not compliant with Anti-Money Laundering and Countering the Financing of Terrorism.
Al-Rawi said T&T’s in­ability to be prepared to undergo its evaluation five years ago resulted in its lack of success.
He said T&T, in failing its January 2015 assess­ment, entered into that en­terprise unprepared. T&T is now going in its fourth-round assessment.
The AG will argue before the FATF that T&T is put­ting legislation in place to combat money laundering and terrorism financing by regulating the multi- billion-dollar gaming industry.