Cricket West Indies (CWI) and Caribbean CAGE have signed a groundbreaking long-term agreement projected to generate $100 million to support cricket development across the Caribbean. The historic deal, endorsed unanimously by the CARICOM Prime Ministerial Subcommittee on Cricket (PMSC), has been hailed as a game-changer for the future of West Indies cricket.
The agreement was signed by CWI President Dr. Kishore Shallow and Robert B. Washington, co-founder, chairman, and CEO of the CAGE Companies. Several Caribbean prime ministers attending the PMSC meeting in Guyana also expressed their support for the strategic partnership.
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A Vision for Cricket’s Future
President Dr. Kishore Shallow described the agreement as the culmination of extensive planning and collaboration with stakeholders, including CARICOM leaders. He remarked:
“This agreement secures the future of West Indies cricket, providing resources to empower both our men’s and women’s teams while strengthening the region’s cricketing ecosystem. It reflects a shared commitment to rebuilding West Indies cricket as a global powerhouse and a unifying force for the Caribbean community.”
Broader Socio-Economic Impact
Caribbean CAGE, a leading operator of video lottery, video gaming terminals, and licensed sports betting in the region, has recently expanded its operations to Antigua and Barbuda, Barbados, Guyana, Saint Lucia, and Puerto Rico.
Robert L. Johnson, co-founder of CAGE Companies, highlighted the deal’s significance beyond the game:
“This agreement will positively transform lives across the region, creating socio-economic opportunities through cricket. It also ensures financial benefits for CARICOM countries by generating revenue through legalized gaming, which can support education, sports, and cultural initiatives.”
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A Technological Milestone
CEO Bob Washington emphasized the transformative potential of the agreement, which includes the introduction of sports betting, virtual sports, and iGaming in the Caribbean. He noted that this would help combat the prevalence of unlicensed operators while ensuring proper tax revenues for governments in the region.
“This groundbreaking deal will help West Indies cricket reclaim its position as a global powerhouse and usher in a technological first for the region,” he said.
The partnership will launch its operations on April 1, 2025, and is anticipated to be the largest commercial agreement in the history of Cricket West Indies.
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