Belize’s proposed Gaming and Lotteries Control Bill 2025, aimed at modernizing the nation’s gambling industry by consolidating four outdated laws, is facing intense scrutiny following a series of oversight failures and scandals. The bill, currently under Senate review, promises enhanced regulation but has been overshadowed by the Caribi Bleu Casino case, where illegal activities, including an unauthorized U.S. dollar ATM and questionable permits, went undetected for months. Critics argue that the bill grants excessive power to ministers without addressing systemic oversight gaps. Senators are advocating for mandatory audits, community involvement in licensing, and greater accountability. The bill has been paused for revisions, but the debate continues as stakeholders demand stronger safeguards to prevent future regulatory lapses. The case of Caribi Bleu Casino, whose owner Rima Ray is now imprisoned in the U.S. for fraud and illegal gambling, has exposed significant weaknesses in Belize’s regulatory framework. The Financial Intelligence Unit, Central Bank of Belize, and Gaming Control Board all failed to detect the illegal operations, raising questions about their effectiveness. Senators, including Patrick Faber and Janelle Chanona, have emphasized the need for transparency and accountability in the revised legislation. The Senate’s decision to shelve the bill for further review underscores the urgency of addressing these issues to restore public trust in the gaming industry.