Title 32 — Sports and Parks
20 chapters · 344 sections in this title.
32 V.I.C. § 492 Institution of conservatorship and appointment of conservators
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(a) Notwithstanding any other provisions of the Casino Control Act, (1) upon the revocation of a casino license, (2) upon, in the discretion of the Commission, the suspension of a casino license or operation certificate for a period of in excess of 120 days, or (3) upon the failu…
32 V.I.C. § 493 Powers, authority and duties of conservators
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(a) Upon his appointment, the conservator shall become vested with the title of all the property of the former or suspended licensee relating to the casino and the approved hotel, subject to any and all valid liens, claims, and encumbrances. The conservator shall have the duty to…
32 V.I.C. § 494 Compensation of conservators and others
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In any proceedings pursuant to section 492 of this title, the Commission shall upon the appointment of a conservator, establish a reasonable rate of compensation for the services, costs and expenses in the conservatorship action of the conservator. The Commission shall also desig…
32 V.I.C. § 495 Assumption of outstanding debts
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As an incident of its prior approval pursuant to section 493(c) of this title of the sale, assignment, conveyance or other disposition in bulk of all property of the former licensee relating to the casino and the approved hotel, the Commission may, in its discretion, require that…
32 V.I.C. § 496 Payment of net earnings during the period of the conservatorship
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No payment of net earnings during the period of the conservatorship may be made by the conservator without the prior approval of the Commission, which may, in its discretion, direct that all or any part of same be paid either to the suspended or former licensee or to the Casino R…
32 V.I.C. § 497 Payments following a bulk sale
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Following any sale, assignment, conveyance or other disposition in bulk of all the property subject to the conservatorship, the net proceeds therefrom, if any, after payment of all obligations owing to the Government of the Virgin Islands and any political subdivision thereof and…
32 V.I.C. § 498 Continuing jurisdiction of Commission
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A conservator appointed pursuant to section 492 of this title shall at all times be subject to the Casino Control Act and such regulations, limitations, restrictions, terms and conditions as the commission may from time to time prescribe. Except as may be otherwise provided in th…
32 V.I.C. § 499 Discontinuation of a conservatorship
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(a) The Commission shall direct the discontinuation of any conservatorship action instituted pursuant to section 492 of this title when the conservator has, pursuant to section 493 of this title and with the prior approval of the Commission, consummated the sale, assignment, conv…
32 V.I.C. § 500 Required reports
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A conservator appointed and constituted pursuant to section 492 of this title shall file with the Commission such reports with regards to the administration of the conservatorship in such form and at such intervals as the Commission shall prescribe. Such reports shall be availabl…
32 V.I.C. § 501 Review of actions of conservator
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A creditor or party in interest aggrieved by any alleged breach of a fiduciary obligation of a conservator in the discharge of his duties shall be entitled, upon request, to a review thereof in accordance with regulations to be promulgated by the Commission.
32 V.I.C. § 502 Investigation by the Division of Gaming Enforcement
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The Division shall investigate and report to the Commission with regard to the qualifications of each person who is proposed as a candidate to serve as a conservator pursuant to this chapter.
32 V.I.C. § 503 Declaration of Territory's limited exemptions from operation of provisions of 15 U.S.C. § 1172
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Pursuant to section 2 of Act of Congress of the United States entitled “An act to prohibit transportation of gambling devices in interstate and foreign commerce,” approved January 2, 1951, being Chapter 1194, 64 Stat. 1134, and also designated as 15 U.S.C. Sec. (1171–1177) the Go…
32 V.I.C. § 504 Legal shipments of gaming devices in the Virgin Islands
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(a) All shipments into the Virgin Islands of gaming devices, including slot machines, the registering, recording and labeling of which has been duly had by manufacturer or dealer thereof in accordance with Sections 3 and 4 of an Act of Congress of the United States entitled “An a…
32 V.I.C. § 505 Severability and preemption
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(a) If any clause, subparagraph, paragraph, subsection, section, article or other portion of this chapter or the application thereof to any person or circumstances shall be held to be invalid, such holding shall not affect, impair or invalidate the remainder of this chapter or th…
32 V.I.C. § 506 Equal employment opportunity; requirements
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(a) Each applicant at the time of submitting architectural plans or sites plan to the Commission for approval of proposed construction, renovation or reconstruction of any structure or facility to be used as an approved hotel or casino shall accompany same with a written guaranty…
32 V.I.C. § 507 Equal employment opportunity; enforcement by Commission
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(a) The Commission, in addition to and without limitation of other powers which it may have by law, shall have the following powers:(a) To investigate and determine the percentage of population of bona fide residents in the Virgin Islands or in areas thereof from which the work f…
32 V.I.C. § 508 Facilities for the handicapped
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All hotel and other facilities of a casino licensee, which are public accommodations and are subject to the regulatory powers of the Commission under this chapter, shall be constructed or renovated to conform with the provisions of Title 29, section 325 relating to barrier free d…
32 V.I.C. § 509 Prohibited political contributions; prohibited involvement by persons holding an elective or appointive office
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(a) No applicant for or holder of a casino license, nor any holding, intermediary or subsidiary company thereof, nor any officer, director, casino key employee or principal employee of an applicant or holder of a casino license or of any holding, intermediary or subsidiary compan…
32 V.I.C. § 510 Casino licensee fees
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The Commission shall, by regulation, establish fees for issuance or renewal of casino licenses.
32 V.I.C. § 511 License fee on slot machine
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(a) In addition to any other tax or fee imposed by this chapter, the commission shall, by regulation, impose an annual license fee upon every slot machine maintained for use or in use in any licensed casino establishment in the Virgin Islands. (b) License fees imposed under the p…
32 V.I.C. § 512 Fees for other than casino license
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The Commission shall, by regulation, establish fees for the investigation and consideration of applications for the issuance and renewal of registrations and licenses other than casino licenses, which fees shall be payable by the applicant, licensee or registrant.
32 V.I.C. § 513 Work permit fee
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The Commission shall, by regulation, establish annual fees for the issuance and renewal of work permits, which fees shall be payable by the employer licensee.
32 V.I.C. § 514 Casino Control Revolving Fund
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(a) There is hereby created and established in the Virgin Islands Casino Control Commission a separate special revolving fund, into which shall be deposited all license, registration, permit, fines, penalties, and other fees, all sums appropriated thereto by the Legislature of th…
32 V.I.C. § 515 Tax on gross revenue
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(a) There is hereby imposed an annual tax on gross revenues as defined in section 402 of this title as follows:(a) Eight (8%) percent per annum during the first two years of operations,(b) Ten (10%) percent per annum during the third and fourth years of operations which annual ta…
32 V.I.C. § 516 Investment alternative tax credits; bonds purchase contracts; project areas; allocation of moneys; housing facilities; accounting and returns; investment and returns; investments
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(a) (1) Effective with the first fiscal year beginning after December 31, 1995, an investment alternative tax is imposed on the gross revenue of the licensee in the amount of 2.5 percent of gross revenue, as defined in section 402 of this title. The tax imposed with respect to ea…
32 V.I.C. § 517 Casino Revenue Fund
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(a) There is hereby created and established in the Department of Finance a separate special account to be known as the “Casino Revenue Fund” into which shall be deposited all revenues derived from the tax imposed pursuant to Title 32, sections 515 and 516(a)(1) Virgin Islands Cod…
32 V.I.C. § 518 Use of moneys from the Casino Revenue Fund supplemented by contributions from casino licensees for programs of employment training and assistance in obtaining a GED; partial funding of JOVIG program; money to initially come from Tourism Fund
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(a) The Commission shall allocate ten (10%) percent of the moneys from the Casino Revenue Fund earmarked to youth related programs to assist in the partial funding of the following job training programs:(1) for financial assistance to help casino employees to obtain their G.E.D. …
32 V.I.C. § 519 Income from investments; credit to fund and determination of amount
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(a) Any income realized by reason of the investment of the moneys in the “Casino Revenue Fund”, shall be credited to the fund. (b) For the purpose of determining the amount of investment income to be credited to the “Casino Revenue Fund” the Commissioner of Finance shall calculat…
32 V.I.C. § 520 Profits
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The Commission, in conjunction with the Bureau of Internal Revenue, shall make rules and regulations for the determination of profits where not otherwise provided under this chapter or the tax laws of the United States and the Virgin Islands, under the provisions of this section.
32 V.I.C. § 521 Payment of taxes
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(a) The tax imposed under section 516 of this title shall be due within 30 calendar days following the last day of the month concerned and shall be based upon gross revenues derived during the previous month. A licensee shall file its first return and shall report gross revenues …
32 V.I.C. § 522 Determination of tax liability
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The Virgin Islands Bureau of Internal Revenue shall administer the taxes imposed under sections 515 and 516 of this title in accordance with the procedures set out in Title 33, Virgin Islands Code.
32 V.I.C. § 523 Penalties
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(a) Any licensee who shall fail to file its return when due or to pay any tax or deposit when the same becomes due, as herein provided, shall be subject to the payment of a penalty at the rate of five (5%) percent per month or any fraction thereof, but shall not exceed twenty-fiv…
32 V.I.C. § 524 Forms
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(a) Taxes—In addition to the other powers granted by this chapter, the Virgin Islands Bureau of Internal Revenue is hereby authorized and empowered to prepare and distribute all forms and returns necessary for the implementation of this chapter related to the taxes imposed by thi…
32 V.I.C. § 525 Application of the Virgin Islands Tax Law
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The taxes imposed by this chapter shall be governed in all respects by the provisions of Title 33 of the Virgin Islands Code, and the provisions of this chapter related to the administration of such taxes are intended to be consistent with the provisions of Title 33 of the Virgin…
32 V.I.C. § 526 Legislative declarations
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The Legislature declares that the opportunity for full participation of bona fide continuous resident's business enterprises and women's business enterprises in the tourism and casino industry is essential if social and economic parity is to be obtained and if the local economy o…
32 V.I.C. § 527 Definitions
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(a) As used in this chapter:(a) “Bona fide resident” is (1) a person who has been domiciled in the Virgin Islands continuously for at least five (5) years or was born in the Virgin Islands;(b) “Bona fide resident business enterprise is:(1) A firm, partnership or corporation in wh…
32 V.I.C. § 528 Set-aside contracts for bona fide resident's business enterprises; percentage requirements and goals
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(a) Notwithstanding the provisions of any law, rule or regulation to the contrary, every casino licensee shall establish goals of expending at least 65% of the dollar value of its purchased goods and services with bona fide residents business enterprises. Each casino licensee sha…
32 V.I.C. § 529 Noncompliance with provisions relating to expenditures and assignments to preferred contractor's business enterprises; suspension, revocation or other penalties compliance period
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If the Commission determines that the provisions of section 528 of this title relating to expenditures and assignment to preferred contractor's business enterprises have not been met by a licensee, the Commission may suspend or revoke the casino license, or fine or impose appropr…
32 V.I.C. § 530 Unified certification procedure for preferred contractor's business enterprises
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The Department of Labor shall establish and administer a unified certification procedure for preferred contractor's business enterprises that do business with casino licensees on contracts for goods and services.
32 V.I.C. § 531 List of certified enterprises; annual review challenge of designation
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The Department of Labor shall supply casino licensees with a list of those preferred contractor's business enterprises which it has certified. The Department shall review the list annually to determine which of those preferred contractor's business enterprises shall continue to b…
32 V.I.C. § 532 Regulations
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The Department of Labor and the Casino Control Commission shall develop such other regulations as may be necessary to interpret and implement the provisions of this chapter.
32 V.I.C. § 533 Full compliance requirement; applicability to contractors, subcontractors and their assignees
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(1) Notwithstanding any law to the contrary:(1) No special legislation or IDC certificate shall exempt the casino licensee from full compliance with the provisions of this chapter;(2) The provisions of this chapter shall be applicable to any and all corporations, businesses, or i…
32 V.I.C. § 601 Short title
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This Article may be cited and shall be known as the “Virgin Islands Internet Gaming and Internet Gambling Act”.
32 V.I.C. § 602 Legislative intent
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It is the purpose of this Article to make provision for the protection of persons participating in approved Internet gaming and approved Internet gambling by the licensing and regulation of such services.
32 V.I.C. § 603 Definitions
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(a) As used in this Article, the words and terms have the meanings ascribed unless a different meaning clearly appears in the context:(a) “Approved Game” or “Approved Gambling Game” means an Internet game or Internet gambling authorized and permitted pursuant to the rules and reg…
32 V.I.C. § 604 Authority of the Commission
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(a) Consistent with this chapter and in accordance with the provisions of section 421(a), (b), (c) and (d), of this title, the Commission shall promulgate such rules and regulations as may be necessary to effectuate the purposes of this Article. Internet Gaming shall not commence…
32 V.I.C. § 605 License required
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(a) Unless first obtaining a license pursuant to subarticle B of this Article, a person or entity shall not:(1) conduct an Internet gaming or Internet gambling business at or from a place in the Virgin Islands;(2) own, control, or operate a computer server in the Virgin Islands t…
32 V.I.C. § 606 Merger of approved licensees and casino operations
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An approved Internet gaming or approved Internet gambling licensee may consolidate or merge with a casino operation in the Virgin Islands as provided in this chapter with the approval of the Commission.
32 V.I.C. § 607 Application for license
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(a) A person applying for a license pursuant to this Article must do so in writing, under oath, and in a form prescribed by the Commission. The application must state or contain:(1) the legal name, residential and business addresses of the applicant and any fictitious or trade na…
32 V.I.C. § 608 Security
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(a) A surety bond, or other similar security acceptable to the Commission, in an amount of not less than $100,000 must accompany an application for a license. (b) Notwithstanding subsection (a), the Commission, may increase the amount of security required based upon the potential…