The Virgin Islands Casino Control Commission on Friday issued an order to Treasure Bay VI, Corp., the Flamboyant Horsemen Association Inc., and TRAXCO Inc. requiring the parties to revert to the status quo ante, according to a statement from the CCC.
The order requires all parties to honor all the conditions of their various agreements for a period not to exceed 60 days or until the CCC’s independent hearing officer schedules and conducts a formal hearing on the Flamboyant Horsemen Racing Association’s “Request for order to show cause why Treasure Bay VI, Corp. should not be ordered to cease and desist its Racino activities at the Randall “Doc” James Racetrack,” according to CCC’s statement.
The extension of time will also include sufficient time for the independent hearing officer to report her findings and recommendations to the CCC, and the issuance of a final order by the Commission, according to the CCC.
The CCC has decided to intervene in this matter to ensure that there is no interruption in live racing, and no loss of jobs or economic activity at the racino as the parties prepare for their hearing before the independent hearing officer, the CCC announced.
“The commission remains committed to affording all parties an expedited hearing process, and will exercise every legal means to minimize any potential damage to the gaming industry, especially during these critical economic times,” reads the statement from the CCC. “While the Commission cannot guarantee a positive end for the parties involved, we expect the parties to remain respectful of the legal process until the IHO issues her recommendations to the Commission, and the Commission issues a final order in a meeting of the Commission to be scheduled within the next 30 to 60 days.”
The commission cautioned the parties to refer all gaming-related matters to the Commission, since it is the only duly established regulatory body created for the purpose of regulating casino gaming in the Virgin Islands, specifically on St. Croix.
“We are duty-bound, pursuant to 32 V.I.C. §415, to ‘hear and decide promptly and in reasonable order’ all license, registration, certificate, and permit applications and causes affecting the granting, suspension, revocation, or renewal thereof,” reads the CCC statement. “Any activity that violates the V.I. Casino and Resort Control Act of 1995 will be referred to the Department of Justice, Division of Gaming Enforcement for review and further action.”