Baha Mar has named Global Gaming Asset Management (GGAM) to manage the Baha Mar Casino & Hotel in Nassau, Bahamas.
GGAM is a joint venture of investment bank Cantor Fitzgerald and three former Las Vegas Sands executives (Bill Weidner, Brad Stone and Garry Saunders). The company operates the Solaire Resort & Casino in Manila, Philippines, which opened in March.
"We're excited to bring GGAM to Baha Mar. The team is 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," said Sarkis Izmirlian, Baha Mar's chairman and CEO.
The Baha Mar Casino & Hotel will have 1,000 rooms and a 100,000-square-foot casino floor with more than 150 table games, 1,500 slot machines, private gaming salons and sports betting.
The $3.5 billion Baha Mar development also will be home to Rosewood, Mondrian and Grand Hyatt hotels. Baha Mar will have a total of 2,200 hotel rooms, plus a convention center, restaurants, shopping plazas, water sports and gardens.
The complex is scheduled to open in December 2014.
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