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Potential buyer of Baha Mar meets requirements set by government

September 29, 2016

Latest Casino and Gambling News, Casino project updates, Bahamas

Yesterday it was announced by Prime Minister Perry Christie that the potential buyer of the as yet unopened Baha Mar has met the requirements set by the government. Known only as a huge enterprise, the individu...

Opposition want Supreme Court in The Bahamas to disclose Baha Mar Resort deal

Renee Kingsley

September 8, 2016

Latest Casino and Gambling News, Casino project updates, Bahamas, Fines, Lawsuits & Litigation

Perry Christie, the Prime Minister of the Bahamas, announced in August that work on the stalled $3.5 billion Baha Mar Casino resort would commence from September 2016 after his government managed to work out a ...

Key Sarkis ally; CCA back on the job at Baha Mar is like “letting the kids in the cookie jar”

Kim M

September 5, 2016

Latest Casino and Gambling News, Casino project updates, Bahamas

2

Former Baha Mar Board member and key ally of Sarkis Izmirlian, the project’s original developer, Dionisio D’Aguilar, said that the recent decision by the government to complete the stalled $3.5 billion project ...

Prime Minister Christie Says EXIM Bank has signed agreement to complete stalled Baha Mar Casino Resort

Renee Kingsley

August 25, 2016

Latest Casino and Gambling News, Casino project updates, Bahamas, Bankruptcy

Bahamian Prime Minister Perry Christie and his administration had been under tremendous pressure for not being able to complete the stalled $3.5 billion Baha Mar Casino Resort. Christie had continued to promise...

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

Renee Kingsley

August 21, 2016

Latest Casino and Gambling News, Casino project updates, Bahamas, Fines, Lawsuits & Litigation

The $3.5 billion Baha Mar Casino resort in the Bahamas was a very important project for the country as it was expected to create thousands of jobs, generate millions in gambling taxes for the government and boo...

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

Renee Kingsley

August 16, 2016

Latest Casino and Gambling News, Gaming Law & Legislation, Casino project updates, Bahamas, Employment & Careers, Taxation, Fines, Lawsuits & Litigation

Sarkis Izmirlian and his group of financial investors pumped in $3.5 billion to develop the Baha Mar Casino Resort in the Bahamas and initially expected the casino resort to be opened in December 2014. The mega...

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

Renee Kingsley

July 31, 2016

Latest Casino and Gambling News, China, Casino project updates, Bahamas, Caribbean Casino News, Economy/Finance, Bankruptcy, Fines, Lawsuits & Litigation

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The Baha Mar Casino and Hotel was the biggest integrated casino resort to be developed in Nassau, Bahamas at an estimated $3.5 billion. The casino resort was initially scheduled to open in 2014 and generate tho...

Scientific Games reprising Shuffle Master Classic poker event

Adam Morgan

July 27, 2016

U.S.A., Latest Casino and Gambling News, Canada, Bahamas, The Players Lounge, Puerto Rico

Gaming products and services provider Scientific Games has announced that it will be holding the second annual installment of its Shuffle Master Classic poker event complete with a $250,000 prize pool to be sha...

Winning bid for Grand Bahama’s flagship resort property to be announced soon

Lars Jones

July 19, 2016

Casino News, Latest Casino and Gambling News, Bahamas, Mergers, Acquisitions & Partnerships

The Grand Lucayan Resort in Freeport, on Grand Bahama Island has been "on the market" for several months, since HVS Capital Corp. announced in March this year that the property would be sold in whole or in part...

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

Adam Morgan

July 13, 2016

Latest Casino and Gambling News, Casino project updates, Bahamas, Economy/Finance

In the Bahamas, a Member Of Parliament (MP) has called on the ruling party of Prime Minister Perry Christie to launch an official inquiry into the status of the delayed The Baha Mar Casino And Hotel. Accordi...

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

Adam Morgan

June 30, 2016

Latest Casino and Gambling News, Casino project updates, Bahamas, Economy/Finance

The Prime Minister of the Bahamas, Perry Christie, has announced that his government has entered into a “framework agreement” to complete construction on The Baha Mar Casino And Hotel “as expeditiously as possi...

FNM blasts Bahamas government over stalled China mega resort

Kim M

April 21, 2016

Latest Casino and Gambling News, Bahamas

Things haven’t been easy going for the Bahamian government regarding its handling of the $3.5 billion Baha Mar project, and according to local media reports, it’s taking heat from its main opposition. On Mon...

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

Sadonna Price

March 26, 2016

Latest Casino and Gambling News, Casino project updates, Bahamas

1

The Baha Mar resort seemingly has had trouble from the very start and while it remains unfinished, the property is now up for sale. The $3.5b project is currently being handled by Deloitte & Touche, who has...

Bahamas Grand Lucayan Resort & Casino to be sold at auction

Lars Jones

March 15, 2016

Latest Casino and Gambling News, Casino project updates, Bahamas, Economy/Finance

HVS Capital Corp. has just announced that the Grand Lucayan Resort complex, which includes the Treasure Bay Casino is to be sold in a Sealed Bid Auction. The assets can be purchased in whole or in part and ther...

Money Laundering Probe by U.S. tied to gaming/Western Union says

Kim M

February 22, 2016

Latest Casino and Gambling News, World Casino News, Gaming Industry News, Bahamas, Money Laundering, Costa Rica, Panama, Dominican Republic, Peru, Haiti, Fines, Lawsuits & Litigation, Philippines

A probe by the U.S. tied to possible money laundering is reviewing whether the Western Union Co. was aware of gaming transactions involving other nations, and if the firm had sufficient safeguards against such ...

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Potential buyer of Baha Mar meets requirements set by government

Opposition want Supreme Court in The Bahamas to disclose Baha Mar Resort deal

Key Sarkis ally; CCA back on the job at Baha Mar is like “letting the kids in the cookie jar”

Prime Minister Christie Says EXIM Bank has signed agreement to complete stalled Baha Mar Casino Resort

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

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

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

Scientific Games reprising Shuffle Master Classic poker event

Winning bid for Grand Bahama’s flagship resort property to be announced soon

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

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

FNM blasts Bahamas government over stalled China mega resort

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

Bahamas Grand Lucayan Resort & Casino to be sold at auction

Money Laundering Probe by U.S. tied to gaming/Western Union says

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Turning Stone Resort Casino Embarks on Monumental $370 Million Expansion

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