Tancoo: Stiffer penalties for illegal gambling
Legal
Business
Finance
October 13, 2025
Share this article
Click to view full size
IN an effort to stem the leakage of billions in revenue, stiffer penalties for "whe whe" operators and other illegal gaming houses are on the cards.
Finance Minister Davendranath Tancoo, in his budget presentation on October 13, gave this warning as he revealed that underground betting schemes were costing the State.
Tancoo said the National Lotteries Control Board (NLCB) earns almost $3 billion annually, but its profits are being eroded by an illegal parallel market worth an estimated $9 billion.
Legal
Business
Finance
Share this article
Comments (0)
Download our mobile app
The portable companion to gazettE. Get notifications, track read articles, and more. The latest news from Trinidad and Tobago, in one place.
