Baha Mar has announced that Global Gaming Asset Management (GGAM), one of the casino industry’s most successful management teams, has been retained to manage the Baha Mar Casino & Hotel, the centrepiece of the $3.5bn Baha Mar integrated destination resort in The Bahamas, scheduled to open in December 2014.
GGAM’s senior executives William Weidner, Chief Executive Officer; Bradley Stone , President; and Garry Saunders , Executive Vice President, were involved with opening and managing the Venetian and Palazzo in Las Vegas and the Venetian Macao, and participated in the development the Marina Bay Sands in Singapore during their tenure with Las Vegas Sands. They formed GGAM in 2011, after ending their affiliation with Las Vegas Sands. Eric Chiu and his Macau-based Asian team were added shortly thereafter. GGAM’s most recent projects include the first phase of the $1.2bn Solaire Manila, an integrated resort and casino facility in the Philippines that is geared toward Asian and VIP clientele.
Sarkis Izmirlian, Baha Mar’s Chairman and Chief Executive Officer, said: “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. 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. They’re a powerhouse of casino management, database marketing, junket operations and convention business, all of which will help to position Baha Mar as the next iconic gaming destination.”
The Honorable Obediah Wilchcombe, Minister of Tourism, said: “We’ve been able to witness first hand the outstanding international gaming resorts developed by the GGAM team. 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.”
Mr. Weidner added: “We’re excited to be a part of Baha Mar. Few gaming destinations bring together such a desirable location, high-quality assets, and powerful brand partners. We see a tremendous opportunity to build the Baha Mar brand into a premier name in gaming resorts. GGAM’s global experience in developing, opening and operating some of the world’s biggest and most profitable casino resorts will be a perfect fit for Baha Mar in targeting customers in key markets, including Asia.”
The Baha Mar Casino & Hotel will feature 1,000 rooms and a 100,000-square-foot casino floor with more than 150 table games and 1,500 slot machines, in addition to private gaming salons, in-play sports betting and other cutting-edge technologies. It is the crown jewel of Baha Mar, a stunning 1,000-acre destination resort along 3,000 feet of pristine beach inNassau, The Bahamas. Baha Mar will also be home to Rosewood Resort, Mondrian and Grand Hyatt, offering a total of 2,200 luxury rooms, suites and residences amongst an array of unique amenities designed to please the most discerning traveller.