Search results for : Web
September 12, 2014
Official: 'Effective implementation' of web shop regulation key
Various sectors of society will have to contribute to ensuring that The Bahamas' reputation as a financial sector "remains intact" once legislation governing the numbers industry is enacted, the country's top anti-money laundering official has argued.
Stephen Thompson, who was the first official to publicly raise alarm that external pressures could force the government to act on web shop regulariz...
Man Convicted of Web Shop Murder
December 18, 2023
Man Convicted of Web Shop Murder
NASSAU, BAHAMAS - A man is awaiting sentencing following his conviction for the 2018 shooting murder of Alvin Strachan.
Man admits hitting web shop security guard in eye
March 10, 2023
Man admits hitting web shop security guard in eye
A 29-year-old man who hit a security guard at a web shop in the eye with a phone was on Thursday sentenced to six months' probation and ordered to compensate his victim. During his arraignment before Magistrate Algernon Allen Jr., Kameron Rolle pleaded guilty to assaulting Marvin Munroe. The charge stems from an incident at Ultra ...
The post Man admits hitting web shop security guard in eye ...
Govt to issue web shop licenses by early 2015
October 21, 2014
Govt to issue web shop licenses by early 2015
A formal invitation to apply for web shop licenses will be released by mid-November and the government expects to "go live" and begin issuing licenses by early 2015, Minister of Tourism Obie Wilchcombe said yesterday.
Once the invitation is gazetted, applicants will have 14 days to obtain request for proposal (RFP) documents, Wilchcombe said.
The applicants will then be given six to eight weeks to...
Web shops prepared to bailout WhatFall employees
December 06, 2014
Web shops prepared to bailout WhatFall employees
After nearly a dozen employees claimed on Wednesday that WhatFall web shop closed its doors for good, the principals of Island Luck, FML Group of Companies and The Island Games pledged to assist those workers.
But WhatFall said its staff is secured and it is not looking for a "bailout".
The principals of the three web shop companies said had they been asked by WhatFall's owners, they would have st...
Galanis says tax web shops 10 percent
March 28, 2014
Galanis says tax web shops 10 percent
The government should consider taxing web shops at 10 percent of each operation's annual turnover, former Vote Yes coordinator Philip Galanis said yesterday.
Galanis, a chartered accountant and former senator, said taxing winnings may not yield as much revenue because web shop customers do not win every day.
"It has to be the turnover," he told The Nassau Guardian. "I think it was back in 2010 whe...
January 11, 2019
Web.com Tour expected to impact islands by over 1,000,000
ABACO, The Bahamas -- A total of 5.1 million viewers will know that golf is better in The Bahamas January 13-16 and January 21-24, 2019, during the Web.com Tour events in Exuma and Abaco, respectively. Golfers will tee off at Sandals Emerald Bay Resort and [...]
The post Web.com Tour expected to impact islands by over $1,000,000 appeared first on The Nassau Guardian.
Web shops legal as of Monday
November 19, 2014
Web shops legal as of Monday
Web shops will be "legal" as of Monday, Tourism Minister Obie Wilchcombe said yesterday.
However, Wilchcombe said those businesses, which meet the requirements of the government's request for proposals (RFPs), will be regulated in April or May 2015.
He called the gap an "amnesty period".
Wilchcombe revealed that an estimated $700 million worth of play occurs in the system on an annual basis.
In 20...
Bastian: Web shops seeking to launch IPO in mid-2016
March 11, 2015
Bastian: Web shops seeking to launch IPO in mid-2016
The country's web shops are moving "full steam ahead" in the hopes of launching an initial public offering (IPO) of the gaming industry by mid-2016, according to Island Luck CEO Sebas Bastian.
BTVI Students Soaring in Web-based Math Classes
January 04, 2021
BTVI Students Soaring in Web-based Math Classes
In the fall 2020 term, 87% of Math students at the Bahamas Technical and Vocational Institute (BTVI) passed their courses. According to Chair of the Math department, Ron Clarke, this represents the highest pass rate in Math that BTVI has seen...
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