NASSAU, Bahamas –The government’s proposed increase in taxes for gaming house operators is a “death warrant” for the industry FML Group of Companies CEO Craig Flowers said yesterday who warned that operators may be forced back underground, the Nassau Guardian reported on June 5.
While he admitted that FML has “deep pockets”, Flowers said he it will be “almost impossible” for his company to continue operating if taxes are increased. “It is no way, it is no possible way that any of the existing web shops can continue to operate with any profit margin to take care of themselves and their expenses if these taxes are implemented,” said Flowers, who appeared on the Love 97 FM talk show “On Point” with host Wendall Jones. https://thenassauguardian.com/2018/06/05/death-warrant/
