Baha Mar

    Website: http://www.bahamar.com/‎

    Baha Mar is an integrated resort on the island of New Providence in the Bahamas, owned by Chow Tai Fook Enterprises. Amenities include four hotels – Baha Mar Casino & Hotel, Grand Hyatt at Baha Mar, SLS LUX, and Rosewood at Baha Mar – with a total of 2,200 rooms, 284 private residences, a 100,000-square-foot casino, a 30,000-square-foot spa, and the Tournament Players Club at Baha Mar golf course designed by Jack Nicklaus.

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    Former Baha Mar developer calls for moratorium on sale

    Original developer of the Baha Mar resort, BMD Holdings Ltd, is calling for a moratorium on the sale of Baha Mar to Chow Tai Fook over concerns of potential corruption with respect to the concessions granted by the Christie administration. The company on Monday said it had reviewed the Heads of Terms regarding concessions agreed […]

    SG to provide end-to-end solutions to Baha Mar

    Scientific Games has inked a deal with the Baha Mar Casino to provide its range of casino systems solutions, table products, games and platforms. Baha Mar, located in Nassau, The Bahamas, celebrated a soft opening on April 21, a few weeks after receiving government approvals for its gaming license. The first phase of the $4.2 billion […]

    Baha Mar celebrates soft opening

    The Bahamas’ newest integrated resort celebrated its soft opening on Friday, after receiving government approvals for its gaming license earlier this month. The first phase of the $4.2 billion integrated resort development, which was sold to Hong Kong-based Chow Tai Fook Enterprises (CTFE) in December last year, includes The Grand Hyatt Baha Mar; Baha Mar […]

    Baha Mar gets approval for gaming license

    Baha Mar has received government approvals for its gaming license, ahead of its launch in three weeks, reports The Bahamas Tribune. Tourism Minister Obie Wilchcombe confirmed on Tuesday, saying approvals for a gaming license and associated certificates of suitability were granted after a comprehensive probity investigation, and on the recommendation of the Gaming Board. He […]

    Baha Mar ready to open in April, but no casino license yet

    The Baha Mar resort in the Bahamas is scheduled to hold a soft opening on April 21 and its casino floor is stocked with machines, though the IR still has not received its casino license, local media reported. The resort, which is operated by a local unit of Hong Kong’s Chow Tai Fook, was scheduled […]

    CTFE to begin hiring process for Baha Mar

    Baha Mar’s new owner, Chow Tai Fook Enterprises (CTFE) is scheduled to hire thousands of Bahamian workers in order to meet its April 21 opening date, local media reports. “I can confirm we will begin the recruitment and hiring process on January 16,” Robert Sands, Baha Mar’s senior vice-president of government and external affairs, told […]

    Bahamas PM confirms sale of Baha Mar to CTFE

    Bahamas Prime Minister Perry Christie has confirmed the sale of Baha Mar to Hong Kong-based Chow Tai Fook Enterprises (CTFE), local media reports. The announcement, made on Monday morning follows a recent delegation of Bahamian government officials to Hong Kong for meetings with CTFE. Mr. Christie did not disclose the sale price. Following the announcement, […]

    Baha Mar’s phased opening planned for April 2017

    The Baha Mar resort casino is scheduled to open to the public in the second quarter of 2017, according to Bahamas Prime Minister Perry Christie. On Friday, Mr. Christie revealed that Hong Kong-based conglomerate Chow Tai Fook Enterprises (CTFE), would begin “a phased opening” of Baha Mar in April. The opening will see at least […]

    CTFE submits proposal for acquisition of Baha Mar

    Chow Tai Fook Enterprises has submitted its proposal for the acquisition of Baha Mar, a casino resort complex in the Bahamas, local media reports. The Hong Kong-based conglomerate first announced it had entered into negotiations for the ownership of Baha Mar in late October. CTFE is known also for its involvement in developing the US$2.3 […]

    Chow Tai Fook denies involvement with Stanley Ho

    Chow Tai Fook, which is currently in talks to acquire the Baha Mar resort has denied allegations that it is somehow involved with gaming mogul Stanley Ho in the deal. “The Cheng Family is an investor in Sociedade de Turismo e Diversões de Macau (STDM), which owns the gaming subsidiary, SJM Holdings Ltd (SJM),” CTFE […]

    Chow Tai Fook in talks for Baha Mar

    Chow Tai Fook Enterprises Limited has entered into negotiations for the ownership of Baha Mar, said the company in an announcement on Friday. The company has applied to the Government of The Bahamas for approval as a proposed investor and acquirer of the Baha Mar Resort. CTFE  is known also for its involvement in developing […]

    Clear path to completion for stalled Baha Mar casino resort

    The government of Bahamas says it has reached an agreement that will lead to the completion of a stalled Chinese-funded $3.5 billion hotel and casino resort. According to local media, Prime Minister Perry Christie announced that China Construction will finish the Baha Mar project with financing from the Export-Import Bank of China, which will then […]

    Bahamas government blasted over stalled China mega resort

    The Bahamas government has taken heat from its main opposition for its handling of the stalled Chinese-funded $3.5 billion hotel and casino resort, local media reports. Bahama’s Free National Movement (FNM) party reportedly remarked that Prime Minister Perry Christie party has been “disastrously negligent”, “delusional” and asleep at the wheel placing Baha Mar resort into […]
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