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Bahamas' Laws Help Contain Social Problems Arising From Gambling23 November 2004BAHAMAS -- As reported by Channel News Asia: "The Bahamas has hit the jackpot in terms of tax revenues with its casinos but only foreign tourists are allowed through their glitzy doors. "...The four casinos in the Bahamas contributed US$23 million to the government's coffers last year, its highest windfall from gaming taxes in over 30 years. "And nearly all of that came from some of the 5 million tourists who visited the country. "...Bahamians caught gambling could face a US$500 fine or 6 months' jail or both. "The government is also looking for ways to curb illegal gambling in the Bahamas. "...However, many locals hope the authorities will revise legislation barring them joining in the fun..." |