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SAINT LOUIS – May 29 2009 - Isle of Capri Casinos, Inc. (NASDAQ: ISLE) announced today that it has entered into an agreement to continue operating the Isle of Capri Casino in Freeport, Grand Bahama during a transition period, following which Isle of Capri intends to exit the operation.
Government Ministers, Gaming Board officials and management of the Isle of Capri casino and Hutchison Whampoa met with the casino’s employees Monday night, to address concerns regarding the November 1 transition in casino ownership to the Treasure Bay group
After more than five years with Isle of Capri Casino at Our Lucaya, Estell Miller was promoted to the position of Sous Chef on Sunday at the weekly Sunday Brunch Buffet held at the Cove Restaurant on the property in Freeport, Grand Bahama.
The $70 million Caves Heights development is expected to complete construction of its fourth and final tower by the year's end.
The high-end residential development is also showing strong property sales.
Chris Herrod, the development's president revealed to Guardian Business there has been a significant boost in sales in 2011 in comparison to 2010.
Herrod is projecting that sales will continue to increase in 2012, as the development will be completed by November.
"Sales in 2011 were 300 percent higher than in 2010. The development team expect sales to continue to increase in volume in 2012 based on the comfort of buyers to see a completed development rather than taking the risk of a development under construction," according to Herrod.
He also believes that as the American economy begins to get stronger, this trend will undoubtedly have a positive impact on the Bahamian economy.
"Banks are easing up on its credit policies this year to lenders in the U.S. which in turn should reflect in a recovery in that economy, leading to more hotel rooms being booked in Nassau and therefore an improved Bahamian economy," he said.
By the end of 2012, Caves Heights will have constructed its four buildings that encompasses 82 condominiums, two swimming pools, a tennis court, gym and access to both the beaches and Caves Village shopping and office complex.
Once the project is completed, Herrod said there will be no further land for expansion.
Building one is 95 percent sold and building two is 65 percent sold.
"There's only one condo left in building one, out of the 20 that had been built. In building two, there are 10 left out of the 28 condominiums that were built," Herrod noted.
However, buildings three and four are set to come online at the end of the year ready for occupancy.
Condominiums in the Caves Heights Development start from $695,000 and go up to $2,400,000.
Capri, Provence, Monaco and the Penthouse are the available styles that potential buyers can choose from.
The Capri model is a two bedroom, 2.5 bath condominium with an ocean view that spans 1,855 square feet of living space along with a deep balcony.
The Provence model is three bedrooms, 3.5 bathrooms condominium with an ocean view that also spans 1,855 square feet of living space along with a deep balcony.
The Monaco model is three bedroom, 3.5 bathroom condominium with an ocean view that also spans 2,439 square feet of living space along with a 43-foot balcony.
The Penthouse model is four bedrooms, 6.5 bathrooms with an ocean view that also spans 4,594 square feet of living space.
To date, Herrod confirmed to Guardian Business that most of the homeowners are in fact Bahamian families.
"Sixty percent of the property owners are Bahamians, twenty percent are Europeans, South Americans, Canadians and Americans account for 10 percent each," Herrod shared.
"Families account for our biggest group of residents at 70 percent, 20 percent are single and 10 percent were purchased to be used as investment property."
Herrod, commenced phase one of Caves Development in 1996 - Caves Point. A gated community of 67 homes built on a seven acre track of oceanfront land that still stands today as one of the most sought after addresses in New Providence.
Caves Village, the second phase, started in 2000 is a 77,000 square foot retail, restaurant and office plaza designed as a courtyard development that is currently 95 percent leased.
Caves Professional Center was constructed in 2004.
Caves Heights began in 2008.
Prime Minister Hubert Ingraham admitted yesterday that the Government is "painfully paying the cost for the continued operation of the Isle of Capri Casino in Port Lucaya."
The 3rd Annual Miss Grand Bahama Beauty Pageant is one step away from crowning the new Miss Grand Bahama for 2009/2010. We have six beautiful young intelligent women competing for the prestigious title of Miss Grand Bahama.
South African researchers have made a scientific breakthrough in the fight against AIDS, with a vaginal gel that significantly reduces a woman's risk of being infected with HIV, the virus that causes AIDS.
Since the epidemic began nearly 30 years ago, scientists have been searching for a vaginal microbicide that women could use to protect them from contracting HIV.
Funeral Service for the late Minister Monique Bernadette Frazer-Sargent age 44 years of Shellfish Drive will be held on Saturday 25th February, 2012 at 10:00am at Trinity Full Gospel Baptist Church, Marshall Road. Officiating will be Rev. Pastor Talbot W. Collie I MBA, MSc. BSc. (hons.) Senior Pastor assisted by Associate Pastor Hugo Zarate, associate Pastor Byron Butler. Interment will follow in Old Trail Cemetery, Abundant Life Road.
Left to cherish the precious life of her is her loving and devoted husband of 25 years: Marlon Sargent Sr.; four children: Marlon Jr., Monica, Sebastian and Shekinah Sargent; one Grandson: Marlon Sargent III; two sisters: Garnell Cartwright and Janice Armbrister-Renard; two brothers: Nathaniel Boodle and Elkanah Armbrister Jr.; one Aunt: Parnell Boodle; two uncles: James and Prince Boodle; one niece: Wilthea Cartwright; nephews: Elkanah Armbrister III, Willard Cartwright Jr., Keno, Kenah and Kenneth Armbrister and Malik Renard; Mother-in -law: Wallis Sargent; Brothers-in-law: Willard Cartwright, Wismy Renard, Benedict Sargent, Kent Sargent, Mars Sargent, Darron Smith, Terrence Cartwright; one sister-in- law: Allison Sargent; Aunt-in-law: Leedoris and Patrice Boodle; Stepfather Elkinah Armbrister; Niece-in-law: Yocomica Sargent, Terea Beach, Terivia Davis, Angel Sargent, Lacey Sargent and Kimberly Renee Felix; Nephews-in-law: Darron Smith Jr., Benedict Sargent Jr., Neeko Sargent, Kishner Symonette and Jamaal Deron Smith; Cousins: Sharon Boodle, Stacey Boodle, Sheena Boodle and Kenya Boodle, Clarice Boodle-Heart, Joycelyn Miller, Melissa Capri-Miller, Christinar Davis, Jacklyn Cash, Jasmine Knowles, Lakeisha Woodside, Phillipa Boodle, Sharonda Curtis, Tamera Edgecombe, Alex Boodle, Nathario Boodle, Macio Boodle, Leonardo Boodle, Elvardo Boodle, Phill Boodle, Thorne Boodle, Prince Boodle Jr. and Lynden Williams. Other siblings include Judy Grant, Louis Knowles, Lisa Kemp, Linda Colebrooke, Nicola Frazer, Janet Miller, Ronnette Frazer, Ricardo Frazsr, and Robert Frazer; Other Relatives and Friends including: Pastor Talbot and Kendra Collie, The Workmanship Ministries International Family, The Seymour family, Rosalie Dean, Jennifer Darling, Stephen McKenzie, Katavia Balfour, Sharlee Longsworth, Joanne Johnson, D.E.H family, Emmette Munroe and family, Judy and Gary Grant and family.
Viewing will be held in the Irenic Suite at Restview Memorial Mortuary and Crematorium Ltd., Robinson and Soldier Roads on Friday from 10:00am to 6:00pm and at the church on Saturday from 8:30am until service time.
The family of a mother-of-two who was found dead in an apartment on Charles Vincent Street on Friday said they have yet to come to terms with her "terrifying" death and want to know why she was killed.
Police found the body of Kidlie St. Brave, 23, at the home around 7.30 p.m. on Friday. They were led to the body by a man who entered a police station and told officers about her death. Inspector Chrislyn Skippings said police were also told that a man and a woman got into a fight, which led to the killing. Police said the victim and her alleged attacker knew each other.
Assistant Commissioner of Police Anthony Ferguson said St. Brave had multiple injuries that appeared to be stab wounds. He added that a suspect was being treated for "lacerations to the upper body" and is under police guard at Princess Margaret Hospital (PMH).
When The Nassau Guardian arrived at the crime scene on Saturday a blood soaked mattress was in one of the apartment's two bedrooms. Ferguson could not confirm if the attack took place in the bedroom, but said St. Brave died in the apartment. He added that police have classified her death as a homicide, but said investigators do not yet know what motivated the attack.
He also could not say how much time elapsed between St. Brave's death and when police found her body.
"We learned about this incident Friday evening. We do not know what time she would have received those injuries," Ferguson said. "The suspect, he is detained in hospital there were some injuries to him. As soon as he gets out and as we continue to investigate, we will put all the pieces together."
St. Brave's cousin Jasmin Capri said the violent way the young mother died has compounded her family's grief.
"I still can't believe that's the way she died," she said on Saturday. "I don't mind her dying because everybody has to die one day, but the way she died, it was horrible; it was terrifying. I can just imagine in her last minutes how she felt and how scared she felt."
Yesterday St. Brave's brother, Kerby St. Brave, said his family does not understand why the young mother was killed. He described his sister as an "innocent" woman who was always cheerful.
"It's hurting to know that she is gone because she was really a nice person... Kidlie was the best sister to have," he said during an interview from his family's home near Quarry Mission Road.
"She was a humble child. She was like a newborn baby, couldn't harm a fly. You see her, she always had a smile on her face, if she is worrying about something or thinking about something or you do her something, she'll always have a smile on her face, she always looked happy, no matter what."
He said he last saw his sister on Wednesday, two days before police found her body.
"She looked happy," he said, his voice cracking with emotion. "She ain't look like she was worrying about anything."
He said his family needs closure and wants to know what happened the day St. Grave died.
"I just hope that justice is served. I just want to know why."
FREEPORT, Grand Bahama - Casino gambling on Grand Bahama has been negatively impacted by the influx of casinos popping up in Florida.
“Gambling is not the same as it was 10 years ago when Laker was doing its flights and people came here just to gamble,” said Our Lucaya Resort General Manager Michael Weber.
“Today when you have your Misackee gaming, your Hard Rock in Hollywood, Isle of Capri in Pompano Beach, gambling in Orlando, Tampa and Miami, it is just not as unique as it used to be because you can get it just about anywhere.”
The sole casino on the island, Treasure Bay, is situated on the Our Lucaya property. The resort is looking into various partnership ...