Search results for : web shop

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News Article

September 22, 2014
New day for web shops

A leading accountant has stressed the proposed economic benefits of regularizing the country's web shop industry, arguing that it will "grow the economy immensely".
During an interview with NB12, HLB Galanis & Co. Managing Partner Philip Galanis welcomed the opportunities for investment and employment following the passage of the 2014 Gaming Bill, which will regulate and tax the country's web shop...

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News Article

March 03, 2014
Tourism leaders say tax web shops

Tourism industry leaders intend to present a five-point 'smart tax plan' to the government, which will include a recommendation that the government tax web shops as part of efforts to improve its revenue.
Specifically, the plan will call for legislation to "regulate and tax web shop numbers".
The Nassau Guardian confirmed that tourism industry leaders also intend to recommend to the government tha...

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News Article

March 13, 2014
Roberts agrees with Cash, says Minnis hypocritical

Progressive Liberal Party (PLP) Chairman Bradley Roberts yesterday called Free National Movement (FNM) Leader Dr. Hubert Minnis "hypocritical" for his stance on the web shop issue.
Roberts, who was contacted for comment, said he agreed with FNM Chairman Darron Cash, who has urged the party to publicly support regulating the web shop sector.
But Minnis has called on the government to abide by the r...

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News Article

November 07, 2012
Bahamians must stop govt from playing games with the game of chance

Dear Editor,

Prime Minister Perry Christie Tuesday finally confirmed what I and other informed, discerning Bahamians already knew from day one - there is no actual U.K. consultant report on gambling in The Bahamas; the report Christie told Parliament and the country would be a basis for his government deciding what question(s) would ultimately appear on the December 3 referendum ballot on web sho...

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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

March 14, 2014
PM: MPs can vote their conscience on web shops

Prime Minister Perry Christie said last night he is not ashamed that his views on web shop gaming have evolved and said "the whip will not be on" when a bill to regulate web shop gaming is introduced in Parliament.
Christie, who was wrapping up debate on the mid-year budget in the House of Assembly, said every MP will be given the opportunity to vote on the "divisive" issue based on their conscien...

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News Article

June 25, 2014
Pindling Foundation defends accepting web shop donation

The Sir Lynden Pindling Foundation yesterday defended a decision to accept a luxury car from Island Luck web shop to raffle as part of its Legacy Ball, which will honor the memory of the late former Prime Minister Sir Lynden Pindling.
The Legacy Ball is a featured event listed on the 41st independence anniversary celebrations calender.
On Monday, Minister of Tourism Obie Wilchcombe, who has respon...

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News Article

July 08, 2014
AG to update PM and Cabinet on FATF meeting about web shops

Attorney General Allyson Maynard-Gibson said yesterday she will update her Cabinet colleagues today about her recent meeting with representatives of the Financial Action Task Force (FATF).
Maynard-Gibson traveled to Paris on Sunday, June 29 at the request of the prime minister to discuss the government's plans to regularize the web shop industry.
She returned to The Bahamas on Sunday night.
When a...

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News Article

June 28, 2014
Munroe: Temporary closure of web shops would be harmful

Attorney Wayne Munroe, who represents a group of web shop owners, said he does not see the logic in closing down web shops for a period of time before they are regularized as it would hurt web shop employees.
"It doesn't make sense from a point of view that, when you close, you terminate people and you have to pay them all their severance packages," said Munroe when contacted for comment.
"Then if...

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News Article

September 20, 2014
Less than a year for web shop regularization, says minister

While one observer has projected that it could be two years before the web shop regularization process is complete, Tourism Minister Obie Wilchcombe said he expects the process to wrap up in under a year.
The Gaming Bill was passed in the House of Assembly on Monday and is expected to be debated and passed in the Senate next week, Wilchcombe said.
However, he said that the process would not end t...

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