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Unemployment in Grand Bahama is not 50%, says govt
THE government yesterday denied a recent international report that claimed unemployment in Grand Bahama stood at a staggering rate of nearly 50 percent following Hurricane Dorian, insisting the data came from no state agency or entity. According to
Dorian victims receive nearly $2m in benefits
STATE Minister for Grand Bahama Senator Kwasi Thompson said yesterday the government has paid out nearly $2m in unemployment benefits to hurricane victims in Grand Bahama since Hurricane Dorian. The revelation came as the state minister was giving a
PM predicts jobless rate will fall to 6% by end of 2021
PRIME Minister Dr Hubert Minnis yesterday predicted the national unemployment rate will drop to six percent or less by the end of 2021. Dr Minnis made the prediction while speaking to reporters about the reactions he received from residents in Abaco
Gambling and the Bahamas Constitution
Recently, I read a Tribune news story about the Chairman of the DNA, Mr Andrew Wilson, not being allowed to gamble in a local casino. Included in the news story is this incorrect statement: “The main reason he was escorted out of the casino was because the country’s laws allow for visitors to gamble legally in casinos while Bahamians and permanent residents cannot.”
Casino reforms can 'double' win
The Bahamian casino industry can “double the size of the win” if proposed reforms are enacted, a senior hotel executive saying it would give this nation “bragging rights” in attracting new and current gamblers.
Baha Mar purchaser challenged on casino
A key Sarkis Izmirlian ally has questioned the proposed Baha Mar purchaser’s ‘silence’ over its casino plans, given that the gaming facility is “the key engine” in ensuring the development’s profitable success.
150 to lose jobs as Treasure Bay Casino shuts
ABOUT 150 casino workers are expected to join the unemployment line in Grand Bahama this week due to the closure of Treasure Bay Casino on December 4.
Reforms can 'treble' casino gaming revenue
The Bahamas can “triple” its $146 million annual gross gaming revenues if the Government adopts comprehensive reforms detailed by the resort casino industry, which believes the 2013 second quarter is “not an unreasonable time” for implementing them.
Baha Mar 'will change way casino gaming is seen in Bahamas'
ON the heels of Baha Mar’s announced casino partner, Minister of Tourism Obie Wilchcombe said he believes that the hotel property will change the way casino gaming is seen in the Bahamas.
Bahamas casinos' revenue 20% of Las Vegas rivals
Bahamian casinos are currently earning just one-fifth of the annual revenue take enjoyed by their Las Vegas counterparts, Tribune Business was told last night, with proposed reforms having the potential to “quadruple” the industry’s income.
'Serious proposal' for Grand Bahama's casino
THE Government has received a “very serious proposal” from a Canadian group interested in taking over the Grand Lucayan Resort’s casino, tourism minister Obie Wilchcombe confirmed yesterday.
Baha Mar: No casino license 21 days out
Baha Mar’s prospective purchaser was yesterday said to be confident it will obtain the necessary casino license prior to its April 21 opening, even though one will not be issued before the end of March.
The day that Freeport and GB died
At the outset I would like to commend the Grand Bahama Port Authority (GBPA) for extending an olive branch to Mr William Del Zotto and his family. Their importance to Grand Bahama cannot be overstated. I am relieved that the principals at the GBPA appreciate the urgency in saving the jobs of 130 Grand Bahamians at a time when employment opportunities are scarce on the island. Gold Rock Concrete could play a pivotal role in the resurgence of the so-called Magic City.
Flowers: Who will profit if changes made on casinos?
Craig Flowers, the FML group of companies chief weighed in on Bahamians being allowed to gamble in casinos and the implementation of standalone casinos on the Family Islands.
Pastors calling for all gambling to be outlawed
AS the Bahamas Christian Council hits out at the government for rushing a gambling referendum, some local pastors are taking it one step further and calling for all gambling participation – including the participation of tourists in casinos – to be outlawed.
DNA chairman: I don’t expect to be punished for gambling in Atlantis
DEMOCRATIC National Alliance Chairman Andrew Wilson yesterday said although he remains steadfast in his recent assertions that he “ought not to accede to being discriminated against in my own country”, he will seek legal advice from his attorney before attempting to gamble in the Atlantis Casino in the future.
D’Aguilar: Casino hearing at Gaming Board was a sham
FREE National Movement (FNM) Free Town candidate Dionisio D’Aguilar yesterday hit out at the “sham” of last week’s Gaming Board mandated public hearing over Baha Mar’s casino licence application, claiming that the whole thing was “predetermined” given the mega resort’s importance to the country.
Casino reforms keep expat resident bar
The Government’s decision not to allow permanent residents and work permit holders to gamble in Bahamian casinos is a “miniscule” issue that will not delay much-needed reform, a tourism industry executive said yesterday.
Six months after web shop vote, govt looks at casinos
WITH six months past since the majority of voters said “no” to legalised web shop gaming, the government is now considering recommendations on whether Bahamians should be allowed to gamble in casinos, said Prime Minister Perry Christie yesterday.