VI News Staff 1 year ago

Casino Control Commission, WTJX present budget testimony

ST. CROIX — The Virgin Islands Casino Control Commission and WTJX were the latest entities to defend their 2025 budget requests before the Senate Finance Committee on Wednesday.

Marvin Pickering, chairman and chief executive officer, said the V.I. Casino Control Commission is requesting a $1,604,300 General Fund appropriation solely to pay salaries for commissioners and staff.

The commission has three other funding sources: the Casino Control Revolving Fund; the Casino Revenue Fund; and the Horse Race Track Casino Revenue Fund. But the commission hasn’t received funding from the last source since 2016, when operations at the Randall “Doc” James Race Track ceased. In April, an initial one-year license was granted to VIGL Operations LLC to operate a “racino” at the track.

“Once this racino commences operations, the commission will begin to receive monies” from the fund, Pickering said.

READ MORE:

U.S. VIRGIN ISLANDS WEATHER

Local Filmmakers Will Bring ‘Bottled Love’ and ‘Verified’ to the Big S...

VI News Staff
4 months ago

Bill to Create Independent Ethics Commission Stalled in Committee Amid...

VI News Staff
9 months ago

Relief coming for BVIEC’s residential customers — Premier

VI News Staff
3 years ago

Latest Snake Bill Imposing Fine of Up to $10,000 Moves Forward, But En...

VI News Staff
4 years ago

4 BFEC graduates on 3-week internship @Saba Rock Resort

VI News Staff
9 months ago