Flowers: International opinions on local gaming sector ‘ill-informed’
October 28, 2017
CEO of FML Group of Companies Craig Flowers said comments from international institutions about The Bahamas’ gaming industry are “certainly not factual”, adding that they are “ill-informed”. A recently released International Monetary Fund (IMF) working paper that included a case study on The Bahamas stated: “Anecdotal evidence suggests that international correspondent banks are uncomfortable providing services to domestic banks that do business with either money transmission businesses (MTBs) or online gaming operators (so called web shops), which are perceived as a higher anti-money laundering/counter terror financing risk.
Valley Boys Look To Defend Junkanoo Title
December 24, 2016
THE Valley Boys will look to claim their fourth consecutive parade victory at this year’s Boxing Day festival on Sunday night and Monday morning in downtown Nassau. Tickets for the Boxing Day and New Year’s Day parades are available at the Junkanoo Corporation New Providence Ltd’s Administrative Office, Norfolk House, Frederick Street, daily from 10am to 6pm until January 1. Ticket prices are: