Search results for : web shop

Showing 21 to 30 of 1000 results


News Article

January 24, 2013
'Vote Yes' storms Bay St.

Web shop businesses were temporarily closed until 2 p.m. yesterday as more than 1,000 Vote Yes supporters, workers and web shop owners united in Rawson Square to put a face to the web shop businesses that could be regulated or shut down following the January 28 gambling referendum.

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News Article

June 11, 2014
Clearing Banks: 'Difficult to anticipate' U.S. response to web shop plan

The head of the Clearing Banks Association said it is "difficult to anticipate" what the reaction of key international bodies and the United States will be to the government's plan to regularize the web shops, noting that a "challenge" in this regard is that there is "much speculation but little definitive information" about the web shops' business activities.
Commenting after banking executives w...

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News Article

January 21, 2013
Horses Enter the Race

Now that both the Free National Movement (FNM) and the Progressive Liberal Party (PLP) have quit pretending that they're not taking sides in the upcoming gambling referendum, perhaps there can now be an honest discussion of exactly what's at stake next Monday.

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News Article

July 08, 2013
Citizens For Justice Calls for Web-shops Closure

Citizens For Justice, headed by Bishop Walter S. Hanchell, is demanding answers concerning the blatant rejection of the will of the Bahamian people and failure by the government of the Bahamas and the police to aggressively enforce the gambling laws of the Bahamas.

"We would like to know why the will of the people is being frustrated. The gambling referendum was convincingly won in January by ...

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News Article
Galanis: Web Shops Are Legal
January 30, 2013
Galanis: Web Shops Are Legal

Vote "Yes" coordinator Phillip Galanis said yesterday web shops are legal entities and should remain open despite Bahamians' overwhelming "no" vote in Monday's gaming referendum.

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News Article

June 16, 2014
Minister: 'No doubt' web shops can meet standards

The minister with responsibility for gaming has stated that there is no reason to doubt web shops can meet strict international standards, while adding that any financial services products offered by such establishments are "not what we are seeking to regularize".
Obie Wilchcombe told Guardian Business that anyone who suggests that there are questions about whether web shops can meet strict intern...

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News Article

January 13, 2014
Strong support for web shops

Almost one year after the January 28 gambling referendum, a new scientific poll shows strong support for the legalization of web shops in The Bahamas.
The survey, conducted by Public Domain, a local market research and public opinion polling company, comes as the government and the church continue to lock horns over the prickly issue of regulating the numbers industry.
Respondents were asked wheth...

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News Article

June 18, 2014
RBC (Bahamas) throws web shop plan into question

RBC (Bahamas) is the latest local bank to go on record as not being permitted to do business with web shops, whether they are regulated or unregulated, claiming that these establishments' entire business model ensures they fall into a "high risk" category regardless of legal regulatory status.
Signaling yet further issues for the government's plans to regularize and tax the web shops, a position p...

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News Article

September 05, 2014
Up to 40 mil. from web shops in first year, says minister

Tourism Minister Obie Wilchcombe yesterday projected that the government could collect up to $40 million in web shop revenue in the first year of regularization and up to $25 million in the ensuing years.
During the budget process, the government projected it would generate approximately $12 million in web shop taxes. But Wilchcombe said when the taxes are added to other fees, "We will get more th...

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News Article

June 24, 2014
Gaming Bill to be tabled next week

The revised Gaming Bill will be tabled in Parliament next week, Tourism Minister Obie Wilchcombe confirmed yesterday.
However, Wilchcombe said the government has still not decided on the rate of taxation for web shops or the number of web shop licenses that will be approved.
"We're completing all the work on it right now and we're going to bring it to

Parliament when it next meets," he told The N...

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