Search results for : web shop

Showing 21 to 30 of 1000 results


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...

read more »


News Article

January 30, 2013
'Christie must keep his word and close web shops'

PRIME MINISTER Perry Christie must keep his word and carry out the mandate of the Bahamian people by closing all web shops and gaming houses, Christian Council President Ranford Patterson said yesterday.

read more »


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...

read more »


News Article
Web shop transition extended - without a new deadline
June 22, 2015
Web shop transition extended - without a new deadline

THE government has extended the web shop industry's transition period until an unspecified date, Tourism Minister Obie Wilchcombe confirmed yesterday.

read more »


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 ...

read more »


News Article

January 30, 2013
Bahamas Christian Council referendum victory is a Pyrrhic one

Dear Editor,
The Bahamas Christian Council (BCC) has won a major victory, albeit a Pyrrhic one, against the powerful numbers bosses and the Progressive Liberal Party (PLP) government. Despite having a very deep war chest, the Vote Yes camp was unable to gain a yes vote on Referendum Day. Despite holding massive rallies featuring renown Bahamian artists and showering attendants with expensive gif...

read more »


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...

read more »


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...

read more »


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.

read more »


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...

read more »