NASSAU, The Bahamas, and MACAU — Baha Mar Ltd. today 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 centerpiece of the $3.5 billion Baha Mar integrated destination resort in The Bahamas, scheduled to open in December 2014.
GGAM’s senior executives William P. Weidner, Chief Executive Officer; Bradley H. 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 $1.2 billion Solaire Manila, an integrated resort and casino facility in the Philippines that isgeared toward Asian and VIP clientele.
“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,” said Sarkis D. Izmirlian, Baha Mar’s Chairman and Chief Executive Officer. “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.”