Saturday, January 22, 2022

Tag: Sarkis Izmirlian

Izmirlian petitions government for review of Baha Mar sale

ICR - Izmirlian bahamas
While Baha Mar’s former developer Sarkis Izmirlian is calling on the Bahamian government to impose a moratorium on the sale of the mega-resort, the FNM appears to have had a change of heart.   Sarkis Izmirlian has urged the Minnis administration to impose “a moratorium” on completion of Baha Mar’s sale, suggesting that he was mulling legal action against what he...

Will Baha Mar mega-resort make an April opening?

Casino Review - Baha MAr April opening
The remaining pieces of the mega-resort - said to be 97 percent complete when it went into receivership - are falling into place. But with its casino equipment facing a customs probe and the ink still wet on its new gaming licence, can Baha Mar be set for its April soft opening?   Bahamian mega-resort Baha Mar still has a few...

Chinese firm could refloat Bahamian ghost-resort Baha Mar

Casino Review, Baha Mar
Hope could be on the horizon for Bahamian ghost-resort Baha Mar after a Chinese firm has shown interest in buying the unfinished $3.5bn project. The stalled $3.5bn (E3,3bn) Bahamian mega-resort project Baha Mar, set on Nassau’s white-sand Cable Beach, has stood empty since its failed opening in 2015. But this month, after weeks of opaque statements from the Bahamian government, Chinese...