January 4, 2013
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Webshop operators unhappy at fees imposed in Gaming Bill
LAWYER Wayne Munroe said yesterday that his clients, who will face millions of dollars in fees before applying to operate gaming houses, did not receive a “sweetheart” deal from the government with its decision to regulate the numbers industry.
Costs to webshops revealed as gaming rules are tabled
THE highly anticipated new Gaming Bill 2014 will leave the door open for the government to establish a national lottery at the discretion of the minister, while outlining yearly rates of taxation on webshops among other stringent industry regulations.
A year since gaming vote - and still no action taken
ONE year after the Gambling Referendum took place, FNM Senator Darron Cash said Bahamians will mark this anniversary as a “disappointing reminder” of the political “impotence” of Prime Minister Perry Christie.
Christian Council: Stop issuing web shop licences
THE Bahamas Christian Council wants all business licenses for new web shops to be suspended until the court has determined whether gaming operations will be permitted to continue.
Web shop damages fear 'rather hollow'
The Chief Justice yesterday ruled that the web shop industry had produced no “credible evidence” it would be irreparably harmed without an injunction preventing its shut-down, describing claims of ‘financial Armageddon’ as “rather hollow”.
Gov't: Web shops 'openly admitted' law breaking
Web shops have provided no evidence for their “bold assertion” that they are in compliance with the Business Licence Act, the Government alleging they “openly admitted, on numerous occasions and platforms”, to being involved in illegal gambling.
Web shops stay open as ruling delayed
THE INJUNCTION preventing law enforcement officers taking action against web shop gaming operators still stands after the government’s application to have the injunction lifted was delayed by three weeks.
Web shop gaming: US urges Bahamas to 'beef up' money laundering regime
The US government has urged the Bahamas to beef up its anti-money laundering safeguards ahead of this year’s impending expansion of casino and web shop gaming, describing the latter as an “illicit” industry that “flourishes” in this nation.
Flowers 'should have shut down business'
CRAIG Flowers, who heads the FML Group, should have shut down his business “a long time ago”, according to the Save Our Bahamas Vote “No” campaign.
Public has say on gambling
THE country could be on its way to a legalised and taxed webshop industry, according to some Bahamians who have voiced their intentions of a “yes” vote in the upcoming gambling referendum.
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