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St. Lucia: Growth in the Gambling Industry

The gambling industry has always been the subject of fierce political debate. This is the case in nations throughout the Caribbean, the Americas and around the world. Opinions will differ over which side has the winning argument but, with a predicted yield in 2019 of US$ 495bn, and a projected value of $525bn by 2023, nobody can dispute the colossal financial aspect.

Between the back and forth, research has been done on the gambling industry — its economic pros and social cons, and its impact, for better or worse, on the community. With the gambling industry set to expand, in Saint Lucia via the Pearl of the Caribbean project, and further abroad via other new casinos and online gambling, it’s a fitting time to go beyond the day-to-day of the debate and look in-depth at the industry

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