Deputy Chairman of Supreme Ventures Limited, SVL, Ian Levy has filed an application for an injunction seeking to bar the Betting Gaming and Lotteries Commission, BGLC, from issuing another gaming license without a survey of the market.
The application, which was was filed on behalf of SvL, is seeking a stay of proceeding until the issues are discussed in Court.
The application was filed on Friday.
SVL is being represented by the law firm, Henlin Gibson Henlin.
In its application, SVL says the BGLC did not conduct the crucial survey to see whether the market could accommodate another player at this time.
The application filed by SVL also accuses the regulator’s of not being transparent or fair.
SVL says when it acquired its licenses 20-years ago, the BGLC advised the company that it couldn’t introduce any games being played by the Jamaica Lottery Company, JLC.
SVL says it’s only after acquiring the JLC that they were able to play certain games.
But it notes in the case of new lottery applicants, Mahoe Gaming Limited, they’d be offering the same games as SVL.
In its application, SVL cited numerous investments over the years as a corporate citizen and added that it’s survivability among other things could change with a new player.
SvL also argued that Government revenue could be badly impacted should another player be give another lottery license.
Mahoe Gaming comprises a cadre of local business leaders including PB Scott, and William Mahfood.
Chairman of the BGLC, Clovis Metclafe told our news center last week that he was unsure whether a decision would be taken at a Board meeting on Friday about the issuance of a license to the new applicants..
It’s understood that the issue was raised during the Board Meeting but no decision taken.
