Monthly Archives: May 2013

Baha Mar Taps Global Gaming Asset Management as Casino Managers

The mystery is over. After Caesars Entertainment bailed on his project in 2008, Baha Mar Chairman and CEO Sarkis D. Izmirlian was left in the lurch. When he improbably arranged financing through China Exim Bank and construction via China State Construction, the manager of the property’s gaming operations was suddenly a hot topic. Last week, more »

Posted in Press Room | Leave a comment

Bill Weidner to run US$3.5 bln Bahamas casino

By Michael Grimes | source Baha Mar being largely funded by state-owned Chinese bank Former Las Vegas Sands Corp president Bill Weidner has been chosen to operate a new US$3.5 billion (28 billion patacas) gaming resort in The Bahamas. Baha Mar is being majority-funded by the Export-Import Bank of China – a state-owned Chinese institution more »

Posted in Press Room | Leave a comment

Management team led by ex-LV Sands boss to oversee Bahamas project

By HOWARD STUTZ LAS VEGAS REVIEW-JOURNAL A management company headed by former Las Vegas Sands Corp. President Bill Weidner will oversee the centerpiece resort of a $3.5 billion hotel-casino complex in the Bahamas. Baha Mar Ltd. announced Tuesday night that Global Gaming Asset Management of Las Vegas will operate the Baha Mar Casino & Hotel, more »

Posted in Press Room | Leave a comment

Ex-Sands Executives to Help Manage Bahamas Casino

By KATE O’KEEFFE Wall Street Journal MACAU—A team of former Las Vegas Sands Corp. executives with experience in Macau has been chosen to manage the gambling operations of a $3.5 billion resort in the Bahamas, highlighting the growing importance of China in an industry once dominated by Las Vegas. Sarkis Izmirlian, chief executive of resort more »

Posted in Press Room | Leave a comment