The Virgin Islands Casino Control Commission (VICCC) will hold its last meeting of the year next Tuesday morning in St. Croix. On the agenda are plans to adopt regulatory amendments recommended at their last public hearing in October, according to an announcement on St. Croix Source.
The VICCC is also set to “render a decision on a resolution to extend the time for Treasure Bay VI to submit required documentation and permits for the expansion of the racino.” Earlier this year the commission began granting extensions to allow slots to operate at the Randall “Doc” James Racetrack, operated by Flamboyant Park Horseman Association and TraxCo, part of Mississippi based Treasure Bay VI Corp. The company and 100 member association sought hearings to determine if their slots offering could go forward.
The announcement made no mention of a potentially larger issue raised earlier this year wherein the VICCC claimed that Treasure Bay VI Corp., owners of Divi Carina Bay Resort & Casino in Christiansted, St. Croix, owed some $1.5 million to the government in fees, taxes and revenues and were to be “shut down” with only a few days notice of the disputed amount.
Treasure Bay reportedly ponied up about half a million in licensing fees on the understanding that when they were “vindicated” some of the money would be returned.
The public is invited to the meeting Tuesday December 29th at 10 a.m. but the commission does not have to render any decisions at the meeting. They may adopt, amend or repeal regulations once the hearing process is completed and all testimony is presented and reviewed.