Search results for : luck
Island Luck to cut 350 jobs
June 22, 2018
Island Luck to cut 350 jobs
Island Luck (IL) says it will lay off 350 employees within 30 days. This is the second gaming house operator to announce significant terminations this week after Parliament approved a plan to raise taxes on gaming house revenues. In a letter to Gaming Board Acting [...]
The post Island Luck to cut 350 jobs appeared first on The Nassau Guardian.
Island Luck sponsors the CARIFTA Trials
March 15, 2018
Island Luck sponsors the CARIFTA Trials
Corporate Bahamas has once again come on board with the CARIFTA movement in the country, this time supporting the trials this coming weekend at the Thomas A. Robinson National Stadium. The CARIFTA Trials will get underway on Friday at 5 p.m. at the stadium, and [...]
Island Luck stops inter-island money transfers
November 09, 2017
Island Luck stops inter-island money transfers
Island Luck has "implemented systems and procedural changes" to stem the practice of using its system as a money transfer mechanism for inter-island remittances within The Bahamas, the company's Chief Financial Officer Dirk Simmons told the media yesterday, lamenting the fact that family island residents, [...]
The post Island Luck stops inter-island money transfers appeared first on The Nassau Gu...
Hundreds flock to Island Luck job fair
October 27, 2017
Hundreds flock to Island Luck job fair
HUNDREDS of Bahamians waited in line for hours on Friday hoping to secure one of the 150 jobs available at Island Luck as the gaming operator continues its effort to meet new industry regulations.
Spared from Hurricane Irma - was it prayer or luck
September 14, 2017
Spared from Hurricane Irma - was it prayer or luck
A recent editorial in one of the dailies, (The Nassau Guardian, Tuesday, September12, 2017) in The Bahamas, evoked a flurry of discussions regarding storms and the impact that prayers have on the outcome. The editorial noted, "the weather has nothing to do with gods, prayer, religious icons or chants. Rain falls. Earthquakes happen. Volcanoes erupt. Hurricanes pass over. Tornados ravage. If you ar...
June 15, 2017
Island Luck CEO interested in presenting proposal to govt on Junkanoo Carnival
Island Luck CEO Sebas Bastian revealed yesterday that he would be interested in presenting a proposal to the new government to help "significantly" reduce its subsidy for Bahamas Junkanoo Carnival, which he said could be carried out with a budget of less than $3 million annually.
Speaking with Guardian Business, Sebas also criticized the festival's marketing strategy, adding that "we have failed" ...
March 10, 2017
Bastian open to Island Luck moving into banking sector
ISLAND Luck CEO Sebas Bastian suggested yesterday that he is open to the idea of having his company enter the business of providing banking services to customers...
March 16, 2017
BISX explains IPO process after Island Luck announces bid to sell shares
Days after Island Luck CEO Sebas Bastian announced that he is working towards releasing an initial public offering (IPO), Chief Operating Officer (COO) of the Bahamas International Securities Exchange (BISX) Holland Grant explained to Guardian Business the procedures for any company to enter the securities market, highlighting the importance of updated financial records and other required factors ...
Island Luck launches OWN grant fund for a third year
March 09, 2017
Island Luck launches OWN grant fund for a third year
Island Luck has shelled out $300,000 in the past two years to jump-start Bahamian businesses, and its CEO Sebas Bastian is looking forward to helping another 20 businesses through another $150,000 in grants this year.
According to Bastian, the OWN Bahamas entrepreneurship program has had a 90 percent success rate, with the businesses funded "making a mark for themselves".
"In our 2016 successful a...
Island Luck to offer shares to public
March 09, 2017
Island Luck to offer shares to public
Bahamians might soon be able to own a piece of Island Luck as the company works towards releasing an initial public offering (IPO) as early as May.
The company's CEO Sebas Bastian said yesterday that he is awaiting confirmation on just how many shares will be offered and exactly how much the company hopes to raise through the IPO.
He added that Island Luck wants the widest participation possible f...
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