Bahamas – Baha Mar scheduled to open on April 21By Phil - 7 April 2017
Baha Mar, the long delayed project in the Bahamas, will open in two weeks having been granted a gaming license by Tourism Minister Obie Wilchcombe.
The licence application was submitted by Chow Tai Fook Enterprises subsidiary Sky Warrior Bahamas, trading as Baha Mar.
Mr Wilchcombe said: “As required by the Act, a comprehensive probity investigation was conducted into the application. Through this investigation, which was based on all the eligibility criteria for licensing contained in the Act, the applicant and all persons, whether natural or juristic, holding a direct or indirect financial interest of five per cent or more in it were thoroughly examined against these criteria.
“The Gaming Board, having considered the application and the report submitted to it in respect of the probity investigation, recommended the approval of the application for a gaming licence and the various related certificates of suitability. Having thoroughly reviewed these recommendations, as well as the investigation report and all other documentation pertaining to the application, I have reached the conclusion that the application, the applicant and its material stakeholders have all met the qualification requirements for licensing set forth in the Act, and therefore have resolved to grant a gaming licence (subject to appropriate conditions) to Sky Warrior Bahamas Limited and certificates of suitability to its material shareholders.”
He added: “The Gaming Board and its staff will continue to work with the applicant to ensure that the prevailing pre-opening requirements leading up to the soft opening of the Baha Mar Casino on April 21, 2017, are duly met.”