Gaming revenues reach $411 Million through August

NASSAU, BAHAMAS — The Bahamas’ gaming industry generated a combined $411 million in adjusted gross revenues between January and August of this year, with casinos contributing $197 million and domestic gaming houses $214 million, it was revealed during the Gaming Board’s industry briefing at Baha Mar on Monday.

Adjusted gross revenues (AGR) reflect the total amount players wager minus the total winnings paid out—the actual retained revenue on which gaming taxes are calculated.

Presenting the latest performance data, Kevin Almace, Manager of Gaming Accounting and Financial Services, said the sector recorded year-over-year increases of two percent for casinos and twelve percent for gaming house operators, reflecting continued expansion across both sides of the industry.

Tax contributions also rose in line with revenue gains. For the same period, casinos paid $16 million in taxes, while gaming houses contributed $34 million.

Almace described the momentum as “a fairly significant increase and a clear indication of the industry’s ongoing upward trajectory,” noting that with nearly a month left in the reporting year, further gains are expected.

The Gaming Board’s annual Industry Briefing at Baha Mar delivered an update on licensing, casino and gaming house enforcement, compliance, and technical standards across The Bahamas’ gaming sector, with senior managers outlining key trends, improvements, and persistent regulatory challenges.

Hessica Ingraham, Manager of Licensing reported shifts in workforce trends, with increases in gaming employees at domestic gaming houses but a decline in casino gaming employees compared to 2024. Key employee numbers rose across both sectors, reflecting ongoing recruitment driven by heightened industry testing and regulatory requirements.

Randy Beneby, Senior Manager, Casino Gaming Enforcement, reported that casinos continue to demonstrate high levels of compliance with operating rules, with 24-hour inspectors monitoring activities across the three licensed casinos in The Bahamas. The department conducted multiple inspections in 2024 and 2025—including dice inspections, table-game opening and closing audits, and gaming curriculum reviews—with no irregularities found in dice tests and strong adherence to table-game procedures.

Shaniqua Brown, Manager, Gaming House Enforcement presented an overview of the domestic gaming sector, which recorded small but steady changes in 2025. New Providence saw a slight increase in licensed premises—from 114 to 116—while total premises remained at 190 nationwide. Agent numbers fell modestly, with a net reduction of three across all islands. Despite this, Brown said the sector continues to show “steady and productive” progress, and operators have become more diligent in displaying Responsible Gaming materials, including signage and support resources. Patron complaints dropped sharply from 18 in 2024 to just three so far in 2025, which she attributed to improved internal resolution practices among operators.

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