Search results for : casinos
Poll says no fee for casino entry
March 13, 2014
Poll says no fee for casino entry
Bahamians should NOT have to pay a fee to gamble in local casinos, according to the majority of voters in the Tribune242.com poll.
poll says no fee for casino entry
March 12, 2014
poll says no fee for casino entry
Bahamians should NOT have to pay a fee to gamble in local casinos, according to the majority of voters in the Tribune242.com poll.
February 28, 2014
Mexico firm 'last man standing' in GB casino negotiations
FREEPORT, Grand Bahama - The Ministry of Tourism is eyeing a Mexican-based firm to take over operations at Memories Grand Bahama Beach and Casino Resort.
While not revealing the name of the company, Minister of Tourism Obie Wilchcombe did tell Guardian Business that it is a well- known brand attached to a hotel in London.
Wilchcombe said despite several entities having expressed interest since Tre...
Delayed GB casino announcement 'next month'
February 26, 2014
Delayed GB casino announcement 'next month'
The new casino operator for the Memories Grand Bahama Beach and Casino Resort will be announced next month as negotiations are "wrapping up", Guardian Business can confirm.
Tourism Director General David Johnson has expressed confidence that a decision will be made soon on the matter. In fact, he estimates it could happen any day now. Calling the process a "very complex situation", Johnson admit...
Bimini resort offers casino training for residents
January 30, 2014
Bimini resort offers casino training for residents
Resorts World Bimini has launched a six-week training course for local residents aimed at furthering their opportunity for a career in the casino industry.
Grand Bahama casino negotiations drag on
December 18, 2013
Grand Bahama casino negotiations drag on
With less than a month to go until the opening of the Memories Grand Bahama Beach and Casino Resort, the name of the new casino operator at the resort could be made public early next week, according to the minister of tourism.
Sources close to the matter told Guardian Business yesterday that great progress was made during a key meeting with potential operators held on Monday. While a final decisi...
Bahamians and the casino business
December 05, 2013
Bahamians and the casino business
In your edition of December 3, 2013, James Smith correctly points out the risk to the foreign reserves of The Bahamas should Bahamians be permitted to gamble in local casinos...
December 03, 2013
Ex-central bank governor: Bahamian casino gambling would threaten dollar peg
As the government prepares to debate legislation that will upgrade the gambling options that can be offered to guests in The Bahamas, a former minister of state for finance has argued that any efforts to provide for Bahamians to gamble under the law could threaten economic stability.
James Smith, chairman of CFAL and former governor of The Central Bank of The Bahamas, told Guardian Business that T...
November 19, 2013
Wilchcombe: Incredible interest in GB casino contract
Two months before the Memories Grand Bahama Beach and Casino Resort is set to open, the government has still not made a decision as to who will operate its casino.
However, Minister of Tourism Obie Wilchcombe told Guardian Business that the decision will be made by the end of this week.
He said in an attempt to ensure the government finds the right fit, it is carefully vetting additional operators...
November 18, 2013
Financing proof sought for 1 bil. theme park/casino resort
Developers behind a nearly $1 billion project set for southwestern New Providence plan to submit an official proposal to the government within the next 45 days, as they seek to bring "Hollywood to Nassau".
On Friday, former Cabinet Minister Tennyson Wells, president of Hollywood Bay, confirmed to Guardian Business that plans are progressing and that the project's financiers, bankers and equity par...
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