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Bahamas debates starting national lotteryNews Story
Chairman of the Gaming Board, Kenyatta Gibson, MP, announced to parliament last week that the Gaming Board is currently reviewing the feasibility of The Bahamas introducing a national lottery. To assist in the decision-making process, the Gaming Board has undertaken a comprehensive study on various authorised lotteries throughout the world and the current status of illegal gambling in The Bahamas.While some persons feel that it can be harmful, others believe that if properly controlled, a nation
Jun 29, 2004, 2:47 pm - Lottery News

Jamaica scales back lottery tax planNews Story
Only lottery winnings over $15,000 to be taxedThe Jamaica givernment yesterday announced a $15,000 threshold on lottery winnings, before the 15 per cent tax is applied, confirming Sunday's lead story in the Observer.Finance Minister Dr Omar Davies admitted at a post-Cabinet news briefing at Jamaica House that the decision to tax winnings had led to a fall-off in sales of the popular Cash Pot game run by Supreme Ventures, while fuelling underground gaming.Cash Pot sales, which generated $970 mi
Dec 16, 2003, 5:27 am - Lottery News