Baha Mar Names Former Las Vegas Sands Team to Manage Hotel, Casino

By: - May 23rd, 2013

Above: a rendering of the Baha Mar

By the Caribbean Journal staff

Baha Mar has tapped Global Gaming Asset Management to manage the Baha Mar Casino & Hotel, the company announced Wednesday.

GGAM is comprised of a group of former executives from Las Vegas Sands.

The Baha Mar Casino & Hotel, the flagship of the largest resort project in the Caribbean, is set to open in December 2014.

“We’re excited to bring GGAM, Bill Weidner, Brad Stone, Garry Saunders, Eric Chiu and his Macau-based Asian team to Baha Mar. They believe in our vision,” said Sarkis Izmirlian, Baha Mar’s Chairman and Chief Executive Officer. “These executives have proven themselves in every major gaming market they’ve entered—Las Vegas, Atlantic City, Macau, Singapore and Manila—and have succeeded against the best in the business.”

The Baha Mar Casino & Hotel, which will be one of several hotels at the property, will include 1,000 rooms and a 100,000-square-foot casino.

The casino itself will include more than 150 table games and 1,500 slot machines.

“We’ve been able to witness firsthand the outstanding international gaming resorts developed by the GGAM team,” Bahamas Tourism Minister Obie Wilchcombe said in a statement. “They are uniquely qualified to take advantage of the pending modernization of the country’s gaming regulations to provide Baha Mar and The Bahamas with a sustainable competitive advantage.”

The GGAM team were involved with the opening and management of the Venetian and Palazo in Las Vegas and the Venetian in Macau. GGAM was founded in 2011.

Bahamas

Adventurers Race in Dominica

Above: Dominica (CJ Photo) By the Caribbean Journal staff Dominica is hosting a collection of adventure racers for its first-ever Nature Island Challenge this week. The four-day event, which began on Monday, pits teams of four from the United States and the Caribbean against one another in challenges like trail hikes, cultural activities and photography. […]

Bahamas

Cayman Islands Election: PPM Wins Most Seats, Coalition Government Likely

Above: the Cayman Islands Legislative Assembly (CJ Photo) By Alexander Britell The opposition People’s Progressive Movement has won a plurality of seats in the Cayman Islands’ election, according to official results. The PPM, led by Alden McLaughlin, took 9 of 18 seats, one shy of a majority. Five independent candidates won seats, while former Premier […]

Bahamas

Grenada, Kuwait Form Diplomatic Ties

Above: Grenada (CJ Photo) By the Caribbean Journal staff Grenada has formalized diplomatic relations with Kuwait, the government announced this week. Grenada Foreign Minister Nickolas Steele and Mansour Ayyad Al-Otaibi, Kuwait’s permanent representative to the United Nations, recently signed a “Jointed Communique” to establish ties. Grenada had already been receiving financial support through the Kuwait […]

Haiti, IDB to Partner on Green Energy Projects in Rural Areas

Above: Port-au-Prince (CJ Photo) By the Caribbean Journal staff The Inter-American Development bank has approved a grant for a $3 million cooperation project with the government of Haiti to test green energy projects. The projects will test models based on solar, sustainable biomass and hybrid approaches in a country that has the lowest level of […]

"We Were Ecological Before Ecological Was Cool"

Above: Bonaire (CJ Photo) By Alexander Britell While Bonaire is one of the smallest destinations in the Caribbean, its tourism sector is one of the most important of any individual country in the region, measured as a percentage of its GDP. But the island has found success not by marketing large-scale resorts, but with a […]

St Kitts and Nevis PM Visits Kuwait

 Above: Port-au-Prince (CJ Photo) By the Caribbean Journal staff The Inter-American Development bank has approved a grant for a $3 million cooperation project with the government of Haiti to test green energy projects. The projects will test models based on solar, sustainable biomass and hybrid approaches in a country that has the lowest level of […]

Caribbean Hotel Sector Growth Slows

Above: Jamaica By the Caribbean Journal staff After three months of year-over-year growth to start the year, the Caribbean hotel sector saw a mixed bag of numbers in April, according to data from STR. While hotel occupancy stood at 75 percent in April, a 1.3 percent increase over April 2012, average daily rates fell by […]