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PM names date for gambling referendum

The Prime Minister of The Bahamas, Perry Christie, says a December 3rd referendum will decide if some forms of legalized gambling will be permitted for citizens. 

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Date:
Updated:
The Washington Post/AP
Friday, November 2, 2012
Friday, November 2, 2012

Bahamians are barred from gambling in the casinos at the islands’ tourist resorts. But underground gambling operations called “web shops” where islanders bet on numbers in televised U.S. lotteries have become increasingly popular.

This is an excerpt from The Washington Post/AP as it appeared on November 2, 2012. For updates or to read the current version of this post in its entirety, please click here.

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Morgans Hotel Group Co (NASDAQ: MHGC) yesterday reported financial results for its third quarter ended September 30, 2012, with adjusted EBITDA of $2.9 million.

Hundreds of spectators cheered as Sir Sidney Poitier and Prime Minister Perry Christie arrived for the rechristening of the Paradise Island bridge last Friday as part of the 40th anniversary celebration of Bahamian Independence.

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