Advertisement
Advertisement

Business

Mapp Ap...

Mapp Approves Bill Authorizing Single Commission For Horse Racing Industry

  • Staff
  • December 15, 2017

Governor Kenneth Mapp on Thursday approved one of two proposed horse racing bills, specifically Bill No. 32-0092, which allows for the regulation of the horse racing industry by a single horse racing commission. “My action will bring efficiency and confidence to the oversight and governance of an industry that is an integral part of the culture of the Virgin Islands," Mr. Mapp wrote in a transmittal letter to Senate President Myron Jackson. "Additionally, professional horse racing will bring positive growth of the economy by bringing jobs and tourism to both islands thus benefitting the territory as a whole." A landmark agreement was ratified last year with local casino operator VIGL to revitalize the territory’s horse racing industry, however, amendments to the enabling legislation required approval by senators in order for the project to move forward. The agreement, which aims to create dozens of new jobs and make the Virgin Islands the region’s premier destination for horse racing, ...