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Prime Minister Perry Christie faces pressure as he fails to announce new buyer for failed Baha Mar Casino Resort

Renee Kingsley
Latest Casino and Gambling NewsCasino project updatesBahamasFines, Lawsuits & Litigation
August 21, 2016 0
The $3.5 billion Baha Mar Casino resort in the Bahamas was a very important project for the country as it...

Stalled Baha Mar Casino Resort caused the Bahamas to lose over $315 million in revenue

Renee Kingsley
Latest Casino and Gambling NewsGaming Law & LegislationCasino project updatesBahamasEmployment & CareersTaxationFines, Lawsuits & Litigation
August 16, 2016 0
Sarkis Izmirlian and his group of financial investors pumped in $3.5 billion to develop the Baha Mar Casino Resort in...

Bahamian Government backs decision over liquidation of the Baha Mar Casino after former Prime Minister levels criticism

Renee Kingsley
Latest Casino and Gambling NewsChinaCasino project updatesBahamasCaribbean Casino NewsEconomy/FinanceBankruptcyFines, Lawsuits & Litigation
July 31, 2016 1
The Baha Mar Casino and Hotel was the biggest integrated casino resort to be developed in Nassau, Bahamas at an...

MP calls for official inquiry into The Baha Mar Casino And Hotel

Adam Morgan
Latest Casino and Gambling NewsCasino project updatesBahamasEconomy/Finance
July 13, 2016 0
In the Bahamas, a Member Of Parliament (MP) has called on the ruling party of Prime Minister Perry Christie to...

Prime Minister agrees plan to salvage The Baha Mar Casino And Hotel

Adam Morgan
Latest Casino and Gambling NewsCasino project updatesBahamasEconomy/Finance
June 30, 2016 0
The Prime Minister of the Bahamas, Perry Christie, has announced that his government has entered into a “framework agreement” to...

Canadian property firm hired to find buyer for Baha Mar Resort: Updated

Sadonna Price
Latest Casino and Gambling NewsCasino project updatesBahamas
March 26, 2016 1
The Baha Mar resort seemingly has had trouble from the very start and while it remains unfinished, the property is...

Several parties interested in taking over 97% completed Baha Mar

Alex Lanter
Latest Casino and Gambling NewsCasino project updatesBahamasCaribbean Casino News
January 29, 2016 1
Joy Jibrilu, Bahamas Tourism’s leading person, revealed that so far there were several interested parties in taking over the infamous...

China’s anti-corruption crackdown will impact the progress of the controversial Baha Mar Resort

Renee Kingsley
Casino proposalsCasino NewsCasino openingsChinaCasino project updatesBahamasCaribbean Casino NewsMoney LaunderingAsian Casino NewsFines, Lawsuits & Litigation
January 7, 2016 0
The proposal to build the Baha Mar resort in the Bahamas was initially submitted in 2002 and over a decade...

China EXIM Bank announces preliminary plan for bankrupt Baha Mar Resort

Sadonna Price
Latest Casino and Gambling NewsCasino project updatesBahamas
December 20, 2015 0
It has been months since the Export-Import Bank of China has announced any news on the Baha Mar Resort, and...

Chinese company takes first position on Baha Mar with $50m finance deal

Lars Jones
Latest Casino and Gambling NewsCasino NewsChinaNew HotelsCasino project updatesBahamasEconomy/FinanceMergers, Acquisitions & PartnershipsBankruptcy
December 7, 2015 3
China Harbour Engineering Company (CHEC) has financed the bank-appointed receivers of Baha Mar Resort, Deloitte & Touche, with $50 million as...

Sun City, Mohegan Sun founder Kerzner may take over Baha Mar

Lars Jones
Latest Casino and Gambling NewsCasino NewsChinaNew HotelsCasino project updatesBahamasEconomy/FinanceMergers, Acquisitions & PartnershipsBankruptcy
November 14, 2015 0
The $3.5 billion Baha Mar Resort in the Bahamas was so close to opening in March that people were booking...

Chinese government bank forecloses on Baha Mar in Bahamas

Sadonna Price
Latest Casino and Gambling NewsCasino project updatesBahamasBankruptcy
November 4, 2015 0
Close to six weeks after bankruptcy protection from the United States was thrown out for the Baha Mar Resort the...

Baha Mar lays off 2,000 staff as talks continue

Sadonna Price
Latest Casino and Gambling NewsCasino project updatesBahamasLabor Relations
October 24, 2015 0
The project of the Baha Mar resort casino is having problems yet again as 2,000 employees have now been laid...

Baha Mar Resort negotiations begin again

Sadonna Price
Latest Casino and Gambling NewsCasino project updatesBahamasBankruptcy
October 9, 2015 0
The stalled project of the Baha Mar Resort may soon begin again as several groups met yesterday to begin negotiations...

Contractor returns to Baha Mar Casino Resort project

Sadonna Price
Latest Casino and Gambling NewsCasino NewsNew HotelsCasino project updatesBahamasBankruptcyFines, Lawsuits & Litigation
September 30, 2015 0
After a prolonged absence, the contractor working on the Baha Mar Resort Casino has returned. The owner of the new...
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