§ 902. Thoroughbred Fund
(a) A separate and distinct special fund is established in the Treasury of the Virgin Islands for promotion of horse racing in the Virgin Islands designated as the Thoroughbred Fund. Monies in the Thoroughbred Fund are administered by the Commission, through the Department of Finance. (b) The Fund consists of monies disbursed from the Horse […]
§ 903. St. Croix Hospitality Training Fund
(a) A separate and distinct special fund is established in the Treasury of the Virgin Islands for hospitality training in St. Croix designated the “St. Croix Hospitality Training Fund.” (b) The Fund is administered by the Commissioner of Department of Finance. (c) Monies in the Fund may be used solely for hospitality training on St. […]
§ 646. Master Service Provider Agreement
(a) There is hereby granted Master Service Provider to United States Virgin Islands Technologies Initiative, LLP and St. Croix Internet Group, LLC, under the terms and conditions outlined in this section and title 32, chapter 21, Article XIV, Virgin Islands Code and subject to investigation by the Commission which shall be conducted in accordance with […]
§ 801. Number and location of gaming machines; security
(a) Operational slot machines may be located only on the land upon which the horse racetrack in St. Croix and the horse racetrack on St. Thomas is located or land contiguous thereto, excluding public rights of way. (b) The licensee shall display pari-mutuel races within the structure where the horse racetrack in St. Croix and […]
§ 802. Voiding of casino license for horse racetrack
A casino license for a horse racetrack in St. Croix becomes void when after a formal determination and required notice by the Virgin Islands Horse Racing Commission or a determination by a competent judicial body that the operator of the racetrack is in default of its franchise agreement issued under section 209 of this title.
§ 803. Racetrack gaming tax for St. Croix
(a) Sections 515 and 516 of this chapter do not apply to any gross revenues derived from the operation of the casino at the horse racetrack in St. Croix and St. Thomas. Gross revenues derived at the racetrack casino in St. Croix and St. Thomas are not subject to gross receipts tax. Gross revenues received […]
§ 901. Horse Racetrack Casino Revenue Fund
(a) A separate and distinct special fund is established in the Treasury of the Virgin Islands known as the “Horse Racetrack Casino Revenue Fund” into which all revenues derived from the tax imposed by section 803(b) must be deposited. (b) Monies in the Fund may be distributed only for the purpose prescribed under this subsection […]
§ 642. Communication between the Commission and the Master Service Provider
The Casino Control Commission shall on a timely basis provide to the appropriate Master Franchisor copies of written communications between the Commission and a licensee with respect to the results of investigations relating to that licensee, or its players.
§ 643. Compliance of Licensee with the Provide Services Agreement of the Master Service Provider
In addition to complying with the rules and regulations promulgated by the Commission, the licensees shall execute a provide services agreement with the Master Service Provider to insure the licensee’s compliance with the Master Service Provider’s policies and procedures for the operation of Internet Gaming and Internet Gambling.
§ 644. Licensing for gaming system software provider and testing of software and equipment
Any person, business, corporation, company, partnership or other business entity supplying industry related software, hardware or other gaming equipment used in Internet gaming shall be required to be licensed under the provisions of this chapter under provisions established by the Commission and all industry related software, hardware, and industry-related gaming equipment used to conduct Internet […]