Global Gaming Asset Management, headed by former Las Vegas Sands Corp. President Bill Weidner, will operate the Baha Mar Casino & Hotel scheduled to open in December 2014 as part of a US$3.5 billion hotel-casino complex on Cable Beach in Nassau, The Bahamas.
Since 2011, Weidner, fired in March 2009 by Las Vegas Sands Chairman Sheldon Adelson after a high-profile dispute over the company’s financial restructuring, has been working along side former LVS colleagues Brad Stone, who is Global Gaming’s president and Garry Saunders, executive vice president. The three were involved in the opening and managing of LVS’s Venetian and Palazzo in Las Vegas and the Venetian in Macau, as well as the development of the Marina Bay Sands in Singapore.
The Casino City Times in Las Vegas reported that Global Gaming recently opened the first phase of the US$1.2 billion Solaire Manila resort and casino in the Philippines, and reportedly is also interested in building a US$2 billion hotel-casino complex in Taiwan.
The 1,000-room Baha Mar Casino & Hotel will have a 100,000-square-foot casino with more than 150 table games, 1,500 slot machines, private gaming salons, and sports wagering. The hotel-casino stands at the center of a 1,000-acre destination resort along 3,000 feet of oceanfront property.
Baha Mar will also include a 700-room Grand Hyatt, a 300-room Mondrian, and the 200-room Rosewood Hotels & Resorts. The property will also have more than 30 restaurants, nightclubs and bars.