GERSHAN Major, CEO of The Bahamas Gaming Operators Association, announced yesterday that the association will allocate $7.1m this year to civic and corporate philanthropy, as part of its statutory requirement.
In a statement, Mr Major said the association has completed its 2018 budget and annual operating plan. It is estimated that a total of $4.1m will derive from the statutory requirement from the industry for its civic and corporate responsibility. The association has committed to inject an additional $3m, bringing its total commitment to $7.1m for 2018.
This increase will assist the association in executing its planned social and philanthropic initiatives for the calendar year.
“I am so pleased that the board of directors have agreed to increase the association’s commitment for 2018, to ensure we are able to effectively fulfil our broader community building mandate in meeting our civic and corporate responsibility,” Mr Major said.
“The BGOA set out very early in this year, to focus on the areas of education, culture, sports, wellness, innovation in technology and entrepreneurship,” the association said.
“We recognise the tremendous need to continue to build a civil and functional society, where our people are afforded the opportunity to add value to the process with their gifts, talents and skills. The local gaming industry continues to show its commitment to The Bahamas and its people in areas, which need the type and form of support we seek to provide. Additionally, the BGOA will significantly promote the awareness and education of gaming responsibly.”
The association it will soon launch an adopt-a-school programme, issue scholarships and create community centres, among other plans.
The BGOA is a non-profit organisation that represents the approved licensees of the domestic gaming industry.
Comments
John 6 years, 1 month ago
Just hope this money goes directly into the hands of the various organizations and not into the hands of some government agency, where it will sit, disappear or otherwise be used for purposes other than it was intended.
joeblow 6 years, 1 month ago
This is the equivalent of a drug dealer buying groceries for the elderly in the community while keeping the young people high on their 'product'!
ThisIsOurs 6 years, 1 month ago
Ill never forget the day I bought vegetables from an elderly woman wearing the tshirt of a well known drug dealer. I joked with her about where she got the tshirt because I thought she didn't know what she had on, I was shocked when she started to tell me what a good man he was, how he helped people and how they do him wrong...
bogart 6 years, 1 month ago
@joeblow ABSOLUTELY CORRECT,!!
The Legal held democratic REFERENDUM VOTED AGAINST this !!! The Church and majority of nation guided by Christian principles was against this, many churches do not even have activities vassociated with gambling!! Many gamblers must lose their money that few might win and now a lesser amount is being given back to the much impoverished community which in the first place legally democratically voted their conscience religeous beliefs against it.
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