Jamaican-owned I-Bet gambling setup aiming for comeback after poor start

Supreme Ventures Chairman Gary Peart

Seeking, it says, to breathe new life into its operations here, the Jamaican-owned gambling establishment, Supreme Ventures Guyana Holdings, says that it has set March 2021 as a timeline for recovery from the shaky start to its operations which commenced here in 2019.

In what is likely to be seen here as a gesture of confidence in the Guyana economy, going forward, the company, during a recent exchange with the Sunday September 13 issue of the Gleaner, says that losses recorded during its startup year will not deter it, going forward. The Gleaner reports Gary Peart, Executive Chairman of parent company, Supreme Ventures Group, as saying that the local entity’s startup challenges had been compounded by the outbreak of COVID-19 and almost simultaneously, by the fallout from the March 2 general elections in Guyana. Peart reportedly said that while retailer recruitment and buildout of the network continues in Guyana, the two sets of unforeseen events had slowed down the process.