THE TRIBUNE
Monday, March 13, 2017, PAGE 7
$477m deficit if prior year trends matched
PUBLIC NOTICE
INTENT TO CHANGE NAME BY DEED POLL The public is hereby advised that I, KENNY JOASSAINT of Arawak Avenue, off Chesapeake Road, New Providence, The Bahamas P.O. Box N-10744, intend to change my name to KENNY ETIENNE. If there are any objections to the change of name by deed poll, you may write such objections to the Chief Passport Officer, P.O. Box N-742, Nassau, Bahamas no later than thirty (30) days after the date of the publication of this notice.
From pg B2 for proposals, and of its 2 per cent buy back of BTC shares.” Mr Turnquest also expressed “shock” at the $14 million of debt in Poinciana SPV Ltd, the special purpose vehicle (SPV) created by the Government to acquire UBS House on East Bay Street as the new home for the non-Central Bank financial services regulators. He also called for more information from the Government and the Central Bank of the Bahamas over the latter’s increased Treasury Bill holdings, which jumped by $97.6 million in 2016, and urged the Government not to increase spending in a bid to win the upcoming general election.
PUBLIC NOTICE
INTENT TO CHANGE NAME BY DEED POLL The public is hereby advised that I, BARRY ULRICK DEVEAUX of #99 Sea Beach Blvd., P.O. Box CB-12480, New Providence, The Bahamas, P.O. Box SS-19334, intend to change my name to BARRY ULRICK ARMBRISTER. If there are any objections to the change of name by deed poll, you may write such objections to the Chief Passport Officer, P.O. Box N-742, Nassau, Bahamas no later than thirty (30) days after the date of the publication of this notice.
NOTICE
K P Turnquest
Flowers: Too many web shop issues ‘unresolved’ From pg B1 What are the number of licenses that currently exist? “If someone can tell me there are five licenses and we are putting a moratorium on those, then fine, but if you are going to tell me that there is a moratorium being put in place and don’t say how many licenses are now active, I don’t know how I can endorse it.” Nine companies applied for gaming house licenses when the Government began the process to legalise, regulate and tax the sector. Eight applicants were subsequently provided with provisional licenses, with Bet Vegas the only operator to have been denied. Bet Vegas has since mounted a legal challenge to that decision via Judicial Review. Island Luck, Nassau Games, Percy’s Island Games, A Sure Win, Chances, Paradise Games, Bahama Dreams and Asue Draw were all awarded licenses. However, Asue Draw + Spin later announced it would not renew its gaming house operator license for 2016-2017, and exited from the industry. And Bahama Dreams ultimately sold a majority 65 per cent equity stake in its business to rival web shop chain, Island Luck, raising questions as to the fate of two of the eight licenses, and how they will be treated going forward.
Alluding to this, Mr Flowers said: “There has been zero information back to us as to how many of us really qualified when the licenses were issued. “Companies have been closing left, right and centre. What are they doing with these licenses? Are they reissuing them? Have they been cancelled permanently, or is the Government allowing us to buy them and keep them active? “We need public disclosure on the amount of active licenses out there. The Government had indicated to us at a meeting that there will be another license issued. Is that included as well? They never said who the license was going to be for; they only said another license is going to be considered.” Obie Wilchcombe, who has ministerial responsibility for gaming, announced in a statement last week that the Government had decided to limit the number of gaming house operator licenses to eight until 2027. However, this moratorium does not prevent the Minister from issuing a request for proposal (RFP) for a gaming house operator license in the event that its existing holder goes out of business or has it revoked. And no such moratorium has been placed on the number of web shop houses that will be allowed to exist
in the Bahamas, or on the number of locations each operator will be allowed to have. This allows the Gaming Board and the Government to have the flexibility to “react appropriately to the development of the industry”, Mr Wilchcombe said. The number of permitted web shop locations per operator had been a key concern for Mr Flowers. “I’m hearing a lot of things come out from the Government as it relates to new activities in the industry, and we haven’t been able to address the outstanding ones,” he told Tribune Bsiness. “What is the limit on the amount of stores that a company will be allowed to have? All of us must be granted the opportunity to have the same number of locations. I need to know so I can plan and create a business plan conducive to my investment. “In addition to that, are we ever going to follow up on the fact that there are some of us operating in proximity to churches as well as schools that need to be removed. There has been no conversation about stores that need to be relocated. The Act speaks to these things.” A key objective of the newly-released regulations on gaming house premises licenses is to minimise any negative impact on communities, particularly places of worship, schools, premises where videos or similar games may be played by people, or premises at
PosITIon AvAIlAblE
GENERAL MANAGER Established distributor is seeking a General Manager. The successful candidate should have the following: • At least 5 years experience in management; • The ability to motivate and lead sales team; • Good interpersonal skills; • Good organizational skills; • Experience in sales; • Proficiency in Word, Excel and Quickbooks; • Marketing and advertising skills; • A desire and drive to succeed and take the business forward. Interested persons are asked to email their resume to bahamasbusinesscareers@gmail.com
which pensions or welfare payments are collected. The regulations say that no gaming house can be located “immediately adjacent, [or] at any property line, to a property whose dominant use is residential, unless zoned to be multiuse (commercial and residential)”. And no gaming house can be located “within 100 feet of a place of worship, school, games arcade or premises at which pensions or welfare payments are collected.” Gaming houses can also not be located “within 100 feet of any other licensed gaming house premise, unless the Gaming Board expressly determines there is good cause to conclude that proximity to another licensed gaming house of less than 100 feet does not offend the character of the area in which the premises is located, and the need to prevent over-proliferation of gaming house premises in any area”.
NOTICE is hereby given that RICARDO NELSON BASTIAN of Alocasia Road, Garden Hills #2, Nassau, Bahamas is applying to the Minister responsible for Nationality and Citizenship, for registration/ naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/naturalization should not be granted, should send a written and signed statement of the facts within twenty-eight days from the 6th day of March, 2017 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, Bahamas.