Barbados Bookmakers

Barbados is located at the easternmost part of the Lesser Antilles in the eastern Caribbean with a Coral Limestone terrain. Although it is famed for its beautiful sceneries and colourful population, Barbados has an interesting betting culture. This article aims to delve deeper into the Barbados Bookmakers, with regard to the legal framework of gambling, the regulating bodies, the types of allowed and prohibited bets, the licensing, the taxes, and the sports betting milestones.

Barbados Bookmakers

1905: Barbados Turf Club is set up.

1972: Due to this the Betting and Gaming Duties Act was put into place.

2005: GTECH obtains the right for conducting the lottery services.

2019: The taxes on the gaming machines and winnings have been introduced recently.

2023: The Minister of Finance has making an announcement for the online gaming regulation bill.

Barbados Gambling Laws over the Years

It has been a long history of betting in Barbados, which has gone through a long process of changes. This is where the journey of Barbados sports betting and bookmakers can be comprehended in order to get to the current situation.

  • 1905: Formation of Barbados Turf Club that manage the horse racing business in Barbados.
  • 1972: The Betting and Gaming Duties Act is presented with the rules and regulation on the conduct of gaming activities.
  • 2005: GTECH Corporation obtains the license for the provision of lottery services in Barbados.
  • 2019: This paper also recommends the adoption of a 17. 5% tax on the net-drop of all gaming machines and a 20% withholding tax on winnings from lotteries and betting.
  • 2023: A statement made by the Minister of Finance Ryan Straughn about enactment of the online gaming regulation bill in the near future.

Barbados Bookmakers Legal Regime

The ban of gambling activities in Barbados is governed by the Betting and Gaming Committee. This body has the responsibility of implementing the Betting and Gaming Duties Act and the compliance with the set standards.

  • Betting and Gaming Committee: Responsible for the regulation of all aspects of gambling; however, there is no known contact information and no official website of the division.
  • Betting and Gaming Duties Act 1972: Presents the legal framework for gambling business, namely the licensing and taxation procedures.

Allowed and Prohibited Bets

Barbados has certain guidelines that define which types of betting can be conducted in the country.

Allowed Forms of Betting:

  • Slot Machines: Locating them in hotels, bars, and pool halls with branches at Lucky Horseshoe (Worthing, Warrens, Bagatelle), Silver Fox Arcade and Fast Lime Casino.
  • Lottery: Some of the games are Pick 3, Pick 4, Caribbean Keno, Jackpot Bingo, Caribbean Lotto, Mega 6, Double Draw, and Instant Scratch Tickets and is operated by the Barbados Lottery Association.
  • Horse Racing: Held at the Garrison Savannah Race Track, one of the oldest race course in the world; the Heineken Stakes, Sandy Lane Gold Cup, The 5000, United Barbados Derby, or the Banks Guineas are just but a few examples.

Prohibited Forms of Betting:

  • Card Tables and Roulette Wheels: Prohibited in any way in the country at all.
  • Online Horse Racing Betting: Forbidden, and betting is allowed to be done at the racetracks and with bookmakers only.

Licensing and Fees of Barbados Bookmakers

To be in a position to engage in the business of bookmaking in Barbados, one has to secure a license from the Betting and Gaming committee. The licensing process is very much governed by certain guidelines so as to promote equity and probity.

  • License Types: These should also cover those for the owners of slot machines, lottery sellers, and horse racing betting shops.
  • License Fees: Fee structures are provided in the Betting and Gaming Duties Act but more on this has to be made from the committee.

Gambling Taxes

This paper reviews the taxes that Barbados charges on gambling activities which has greatly helped in revenue collection.

  • Gaming Machine Tax: 17. Deduction of 5% from the net-drop of all gaming machines.
  • Withholding Tax: 20 percent on the winnings from lotteries and betting.

For players, these taxes are deducted at the source by the operators meaning that the amount that is paid out to the winners is a post-tax amount thus making it easier for people to abide by the laws.

Barbados Sports Betting

Sport betting in Barbados is becoming more popular and focuses mainly on cricket, football, basketball, volleyball, football and rugby. Some of the renowned athletes have been nurtured on the island and they have done their best in their sports category.

Sporting Event Glory Milestones

  • 1968: Barbados competed in the frame of the Summer Olympic Games.
  • 2000: Obadele Thompson was at the Sydney Olympic where he made a great achievement by winning the bronze medal in the 100m dash.
  • 2007: Welcome the Cricket World Cup, demonstrated the enthusiasm of the island towards the game.
  • 2009: Ryan Brathwaite thus won the gold in the 110m hurdles at the World Championships.
  • 2011: Co-hosted the World Cup of Golf and thus confirming the City’s position as the nation’s sports focal point.


Barbados is a very suitable environment for the bookmakers and fans of sports betting. The legal systems of the country are friendly and non-compromised, making it favorable for betting among the citizens and other people visiting the country. Looking to the future, with the strengthening of regulations on the island especially with the new online gaming regulation bill on its way, the picture is not so bleak for Barbados Bookmakers and the sports betting business.

FAQ about Barbados Bookmakers

North America Bookmakers

Jamaica Bookmakers

Jamaica Bookmakers

Jamaica is one of the Caribbean island countries and the third largest island in the Caribbean. Besides, the island nation has also emerged as a centre of the gambling business, especially for the Jamaica bookmakers and sports betting. It is ... Read More about Jamaica Bookmakers
Honduras Bookmakers

Honduras Bookmakers

Honduras is a country in northern Central America sharing its coastlines with the Caribbean Sea in the north and the Pacific Ocean in the south through the Gulf of Fonseca while sharing its land borders with Nicaragua and El Salvador ... Read More about Honduras Bookmakers
Bahamas Bookmakers

Bahamas Bookmakers

The Bahamas is an island country located on the west coast of the Atlantic Ocean, is home to a rather diverse and constantly developing environment for gambling and sports betting. This paper looks at the existing legal framework on gambling ... Read More about Bahamas Bookmakers
Haiti Bookmakers

Haiti Bookmakers

Haiti is a country situated in the northern area of the Caribbean Sea, on the island of Hispaniola and has always had a rather interesting approach to gambling regulation. This paper seeks to give a detailed analysis of the legal ... Read More about Haiti Bookmakers
Saint Vincent and the Grenadines Bookmakers

Saint Vincent and the Grenadines Bookmakers

Saint Vincent and the Grenadines is located in the southern Lesser Antilles in the Eastern Caribbean. It also has its interesting history of gambling laws and regulation in the direction of the companies and the market. This article will present ... Read More about Saint Vincent and the Grenadines Bookmakers
US Virgin Islands Bookmakers

US Virgin Islands Bookmakers

The US Virgin Islands, an unincorporated territory of the United States of America is located in the Atlantic Ocean and on the Caribbean Sea. Yet, the picturesque views are accompanied by the developed gambling sphere with a vast number of ... Read More about US Virgin Islands Bookmakers
Cuba Bookmakers

Cuba Bookmakers

Being an island country in the northern Caribbean Sea, Cuba has a long and rather complicated history of gambling and sports. Although today’s Cuba is famous for its prohibiting of gambling, the country has a rich history of casinos, Cuba ... Read More about Cuba Bookmakers
Panama Bookmakers

Panama Bookmakers

Panama is a country situated in the Central America and has Costa Rica to its northwest, Colombia to southeast, Caribbean Sea to the north and Pacific Ocean to the south, this makes the country a strategic position for various businesses ... Read More about Panama Bookmakers
Dominican Republic Bookmakers

Dominican Republic Bookmakers

The Dominican Republic is one of the countries of Latin American which is geographically located on the Caribbean island of Hispaniola. Over the years, the Dominican Republic has fostered a healthy gambling business with proper guidelines for bookmakers and sports ... Read More about Dominican Republic Bookmakers
Scroll to Top