Showing posts with label Sebas Bastian Bahamas. Show all posts
Showing posts with label Sebas Bastian Bahamas. Show all posts

Wednesday, July 25, 2012

Web shop owners do not intend to get in to a fight with local church leaders over the impending gambling referendum ...says Sebas Bastian of the “We Care Coalition”

Web shops ‘not in war with churches


By Candia Dames
Guardian Lifestyles Reporter
candia@nasguard.com


Web shop owners are not in a war with local churches and do not intend to fight them in the lead-up to the gambling referendum expected by year’s end, said Sebas Bastian, the spokesman for the “We Care Coalition”.

“In any talks with the church that we may have had or tried to have, it was only to form a working relationship should the business become legal,” said Bastian, owner of Island Luck.

“Together we can work and deal with any kind of social issues.  It’s not in any way to gain the support of the church.  The church is the church and should be the church.

“We shouldn’t expect them to campaign with us, agree with us, or whatever.”

Bastian said yesterday that the coalition of web shop owners respects the right of the church to its position, as well as the right of all Bahamians to their views on gambling.

“It’s a democratic country,” he noted.  “People have their freedom to speak and ‘We Care’ has utmost respect for religious leaders.”

Bastian added, “We may be on two opposing beliefs on the issue, but in the end we share the same value.  I might say let’s legalize it to help others.  They are saying let’s not legalize it to help others.  But in the end we’re both trying to help and that’s the way it should be perceived.”

Bastian said the referendum will not be a vote for the web shops, the church or any political party.

“It’s a vote for a Bahamian citizen to express his democratic right to choose what he or she wants to do in their country,” he said.

“So you’re not supporting anyone by voting or not voting.  You’re only supporting yourself.  I’m pretty sure that if a government disrupts a country to deal with an issue of such great debate, they have a plan in place that will be entirely to benefit the country at large.”

Bastian said We Care has not yet seen the plan.  He also said the country appears to be wasting too much time on the gambling issue when there are more critical issues that need to be addressed.

“I would rather the [members of the] public spend a lot of time trying to be their brother’s keeper, and let’s go out there and try to help a lot of these inner city kids get back to school and focus on more important things,” he said.

Bastian said it is important that Bahamians be educated on the importance of moderation — and not just as it relates to numbers.

He said the coalition intends to stay in the background during the gambling debate, although it plans to release information from time to time.

“We are not going to campaign for a vote because a vote in the upcoming referendum is not a vote for We Care,” Bastian stressed.  “It’s a vote for your democratic right to choose.”

Asked about the $1.5 million the coalition has committed to education and community initiatives, he said web shops have long been quietly supporting various national development programs and will continue to do so.

The government has not yet provided details on how a legalized numbers industry would work.

Prime Minister Perry Christie has said that if Bahamians vote against legalizing gambling, the government would strictly enforce the law.

According to Bastian, web shops employ approximately 3,000 Bahamians.

July 25, 2012

thenassauguardian

Thursday, May 31, 2012

Sebas Bastian, CEO at Island Luck “web shop” applauds the Progressive Liberal Party (PLP) government for its pledge to address the gambling industry ...arguing that regulation will add revenue to the public treasury

Island Luck calls for end to ‘insane’ contradiction


By Scieska Adderley
Guardian Business Reporter
scieska@nasguard.com


The head of a major “web shop” is applauding the Progressive Liberal Party (PLP) for its pledge to address the gambling industry, arguing that regulation will add revenue to the public treasury.

Sebas Bastian, CEO at Island Luck, said the unregulated gambling industry already generates millions for the local economy each year.  Island Luck, he added, pays out million for salaries, rentals and to the National Insurance Board (NIB) for contributions, contributing $20 million to the local economy.

Island Luck and its more than 3,000 employees already contribute to The Bahamas, and to deem the operation illegal is “insane”, according to Bastian.

“The industry cannot continue to only be recognized as legal when we give out to the community, pay taxes, business license fees, national insurance and [when we are] taken to the labor board.  Yet, we are deemed as illegal on the other hand?  To me, that’s insane,” he said.

In last week’s Speech from the Throne, it was revealed that the PLP government would hold a referendum for the Bahamian people to decide whether a national lottery should be instituted and whether web shop type gaming should be decriminalized.

The issue is controversial in The Bahamas.  Some argue that if properly regulated, legal gaming could be a driver for the economy.  However, the Christian community stands against any move to legalize any form of gambling for Bahamians and legal residents.  Visitors can gamble legally in The Bahamas.

Winston Rolle, CEO of the Bahamas Chamber of Commerce and Employers Confederation (BCCEC), told Guardian Business that if the national lottery and/or web shops are properly regulated, a higher level of tax should be paid to the public treasury by the sector.

“In regulating it, persons should also be looking to ensure that funds generated from it are properly allocated and channeled into specific areas where there are significant economic voids,” Rolle explained.

“My concern would be over the proper structure and regulation so that we are setting up a regime that provides adequate tax returns and that whatever funds that are raised will be utilized to the benefit of the Bahamian people.”

Rolle said that at this point, Bahamians are kidding themselves viewing gambling as being illegal.

Another leader in the web shop business was contacted by Guardian Business on the issue of legalizing the sector.  However, the source declined to comment at this time, saying he will meet with the prime minister shortly on the issue.

For Bastian’s part, he said there should be a recognition that the industry has a positive impact on Bahamians.

“For example, when the Atlantis resort decided to downsize its staff, we at Island Luck employed most of those displaced workers.  Currently, we have more than 3,000 people employed,” he said.

“We payout more than $6 million in rental property, $4 million in national insurance contributions per annum and more than $10 million is spent on utilities like the Bahamas Electricity Corporation (BEC) and Cable Bahamas, along with supplies like paper.  The funds generated are spent locally.”

May 30, 2012

thenassauguardian