(a) “Bona fide resident” is (1) a person who has been domiciled in the Virgin Islands continuously for at least five (5) years or was born in the Virgin Islands;
(b) “Bona fide resident business enterprise is:
(1) A firm, partnership or corporation in which at least fifty-one (51%) percent of the legal or equitable ownership is held by a person or persons who have been a bona fide resident of the Virgin Islands for at least five (5) years, or who were born in the Virgin Islands, and the management and daily operations of which are controlled by one or more of the bona fide continuous residents who own it; and
(2) Said person, firm, partnership, or corporation is licensed in and maintains his/her or its principal place of business in the Virgin Islands and who owns, operates, or maintains a store, warehouse, or other place of business in the Virgin Islands or is duly authorized agent, dealer, distributor or representative in the Virgin Islands for the materials, supplies, articles, or equipment of the general character required by the licensee and casino service industry.
(c) A Women's Business Enterprise is:
(1) A sole proprietorship owned and controlled by a woman; or
(2) A partnership or joint venture owned and controlled by women in which at least 51% of the ownership is held by women and the management and daily business operations of which are controlled by one or more women who own it; or
(3) A corporation or other entity whose management and daily business operations are controlled by one or more women who own it, and which is at least 51% owned by women, or if stock is issued, at least 51% of the stock is owned by one or more women.
(d) Any person, firm, partnership, or corporation meeting the requirements of subsections (a), (b), and (c) of this section must register his/her name with the Casino Control Commission in order to insure their participation.