Treasure Bay Gaming & Resorts will officially take over the operation of Our Lucaya Resort’s casino on Grand Bahama Island on or before Nov. 23, according to Vincent Vanderpool-Wallace, Bahamas' minister of tourism.

The transition will begin on Nov. 16, following the conclusion of the licensing process and an operating plan.

Biloxi, Miss.-based Treasure Bay will bring in upgraded equipment and launch a marketing campaign for the casino, Vanderpool-Wallace said.

Apart from some employees who elected to accept severance benefits, the staff of 200 will continue to work at the facility.

"This positive development coincides with expanded airlift from Canada, Florida and New York for the winter season,” the Vanderpool-Wallace said.

Treasure Bay also owns and operates Treasure Bay Casino and Hotel in Biloxi and the Divi Carina Bay Casino on St. Croix, the only gaming facility in the U.S. Virgin Islands. The company also manages the Alhambra Casino in Aruba and the Flamingo Casino in Bonaire.

Isle of Capri had operated Our Lucaya’s casino since 2003. The resort complex includes the Radisson Our Lucaya and the Our Lucaya Reef Village.

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