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A call for answers
February 21, 2016
A call for answers
There is great confusion surrounding whether former Cable Beach properties owner Phil Ruffin owes any casino taxes 11 years after he sold those hotels to make way for the now-troubled Baha Mar development.
PM should report on Phil Ruffin's casino tax bill
February 14, 2016
PM should report on Phil Ruffin's casino tax bill
Prime Minister Perry Christie previously indicated in Parliament that his friend and former client Phil Ruffin settled his casino tax bill upon the sale of the Cable Beach properties, but Auditor General Terrance Bastian has concluded that Ruffin owes the Bahamas government millions of dollars in casino taxes.
February 05, 2016
Closed casinos owed 51 mil. in taxes at end of 2013/2014
The government was owed more than $51 million in outstanding taxes from closed casinos and $10.8 million from casinos that were in operation at the end of the 2013/2014 fiscal year, according to the report of the auditor general.
Quote of the Week - A Citizen of the World
September 17, 2011
Quote of the Week - A Citizen of the World
Welcome to The Bahamas Weekly!
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September 18, 2013
Multimillion-dollar Grand Bahama airport upgrades underway
Hutchison Whampoa is undertaking millions of dollars in upgrades to the Grand Bahama International Airport to accommodate hundreds of additional travelers who are expected to descend on the facility when Canadian travel conglomerate Sunwing launches its direct flights to the island early next year...
May 29, 2013
Bahamians being considered to operate Our Lucayan casino
The government will reveal the new operator for Grand Lucayan's casino in mid-June, according to Minister of Tourism Obie Wilchcombe, who confirmed that Bahamians are among those being considered.
"We have some documents that we are going to look at today (Tuesday). We have to move quickly on it," Wilchcombe said.
"We know the people who have applied. We're just doing our due diligence and then, ...
Strong interest by investors in Grand Lucayan casino
May 07, 2013
Strong interest by investors in Grand Lucayan casino
Grand Lucayan's new casino operator is expected to be unveiled soon, according to a senior government official.
Minister of Tourism Obie Wilchcombe told Guardian Business yesterday that at least five companies have applied to take over casino operations at the Grand Lucayan resort on Grand Bahama. However, he revealed that number has been narrowed down to three.
In February, the government negoti...
Rollins Hits Out on Casino Spend
March 09, 2013
Rollins Hits Out on Casino Spend
Gaming Board Chairman Dr. Andre Rollins said he does not think Bahamians should have to fund and develop the local casino industry while it is off limits to them. Rollins revealed in the House of Assembly on Thursday night that $17.5 million in taxpayer money was spent...
Govt Secures GB Casino Extension
February 26, 2013
Govt Secures GB Casino Extension
The government has negotiated an extension with Treasure Bay to continue its operation of a casino at the Grand Lucayan.
While the exact terms of the deal are unknown, the agreement buys the Ministry of Tourism time until the end of April to find a replacement casino partner.
PM In Talks With Dominicans
February 21, 2013
PM In Talks With Dominicans
Freeport, Grand Bahama - Two senior Cabinet ministers are traveling to the Dominican Republic on special order of the prime minister to firm up major direct foreign investment in Grand Bahama. At an international forum boasting 27 countries including China, the United States, Canada and Russia, the Dominican Republic was most on the lips of politicians and investors.
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