Gov't blasted over 'feeble' GB water rate hike reply
The Opposition's finance spokesman yesterday blasted the Government for a "weak and feeble response" to the hike in water rates that will be imposed on Grand Bahama residents and businesses from next month.
Gaming discrimination end will 'go in both directions'
The Gaming Board's executive chairman yesterday indicated that casinos are open to Bahamians gaming at their resorts as the deputy prime minister conceded the separation from web shops is growing "thin".
DPM: Gaming reforms key to industry growth
THE Deputy Prime Minister yesterday said recommendations to upgrade The Bahamas' gaming laws will be assessed and consulted on over the "next several months" in a bid to enhance the sector's competitiveness.
Gaming Board agrees Turks regulatory cooperation deal
The Gaming Board yesterday signed an agreement with the Turks and Caicos Islands over the exchange of gaming information and services between the two.
DPM: Royal Caribbean being held to same standard as Atlantis, Baha Mar
The DEPUTY Prime Minister yesterday reiterated that Royal Caribbean's proposed $110m Paradise Island project must meet the same environmental standards as those imposed on Atlantis and Baha Mar.
Insurer 'pauses' expansion on EU blacklisting fall-out
A Bahamian insurer yesterday said it has been forced to "pause'" further Caribbean expansion ambitions, adding: "We cannot stress enough the importance of getting off these blacklists."
BISX fund 'back expanding' with $9m warehouse move
A BISX-listed real estate fund yesterday revealed it plans to invest up to $9m in developing its first New Providence warehouse and storage facility as it "gets back into expansion" again.
AML loses receiver bid over attorney's assets
An attorney and grandson of Sir Milo Butler has successfully fought-off a BISX-listed retail group's bid to appoint a receiver over his 25 percent interest in the family's trust.
Gaming regulator 'not here to police morality'
The Gaming Board's executive chairman yesterday hit out at discriminatory rules that bar Bahamians from gambling in hotel casinos, and said: "We're not here to police morality in The Bahamas."
Grand Bahama water regime enacted before rate rise disclosure
Grand Bahama businesses and residents yesterday said it was "amazing" that the island's new water regulatory regime appeared to have been implemented almost two weeks before they were warned of imminent rate hikes.
Web shops ‘carried’ gaming in COVID
A senior Gaming Board official yesterday hailed web shops for "carrying the industry" during the COVID-19 pandemic as no jobs were lost from the domestic sector.
Minister: BAMSI no longer 'wasteland'
BAMSI is now thriving and fruitful again, according to Agriculture and Marine Resources Minister Clay Sweeting, who reported that it has almost made a complete turnaround.
Caribbean states moving on gaming regulatory overhaul
The gaming sector throughout the Caribbean is rapidly evolving as multiple countries seek to overhaul their regulatory regimes in a bid to gain a competitive advantage, an international testing executive said yesterday.
‘Sky’s the limit’: New auto sales soar 40%
The Bahamas Motor Dealers Association’s (BMDA) president yesterday voiced optimism that “the sky’s the limit” for the sector in 2023 after new car sales increased by “almost 40 percent” year-over-year for the first quarter.
Tackle ‘structural inefficiency’ before capping banking fees
The Bahamas will cause more problems than it solves if it seeks to “cap” bank fees without first tackling “structural inefficiencies” in the industry, the Central Bank’s governor warned yesterday.
