Business
The Bahamas Referendum: Overwhelming vote against gambling and national lottery
People of The Bahamas voted overwhelming in a national referendum on Monday to reject proposals legalizing web-shop gambling and a national lottery.
Preliminary results showed that by a margin of almost two to one, the voters in this Caribbean Community (CARICOM) country voted “No” to the questions on “Do you support the regulation and taxation of web shop gaming and Do you support the establishment of a National Lottery?
The referendum had been conducted in a campaign similar to a general election with the ruling Progressive Liberal party (PLP) urging supporters to give the thumbs up to the initiatives that Prime Minister Perry Christie said would finalize a new source of government revenue and will facilitate new areas for local employment. -(CMC)