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Atlantis Casino Upgrade To Create 350 Jobs
January 11, 2013
Atlantis Casino Upgrade To Create 350 Jobs
Atlantis will create up to 350 jobs following a $7 million revamp of sports betting and poker room facilities, according to its top executive.
George Markantonis, the president and managing director of Kerzner International (Bahamas), said the planned renovations will bring Paradise Island up to speed in the gambling arena. In recent months, hotel executives in The Bahamas have placed a renewed f...
Atlantis Projects To Create Jobs
October 05, 2012
Atlantis Projects To Create Jobs
Millions of dollars worth of capital works projects at the Atlantis Resort will bring new jobs to the property next year, President and Managing Director of Kerzner International (Bahamas) George Markantonis announced yesterday.
'No Jobs Being Lost At Atlantis'
January 20, 2012
'No Jobs Being Lost At Atlantis'
PRIME Minister Hubert Ingraham reassured Bahamians last night that the failed deal between Atlantis and Brookfield Asset Management will have no adverse affect on jobs. He insisted that the creditors of the property are seeking to keep it running and profitable.
January 20, 2012
Pastor calls for two televised national debates between political leaders
Dear Editor,
Whether those involved in frontline politics have realized it or not, the political landscape in The Bahamas has changed. With the proliferation of the Internet and international television, the new Bahamian voter is different from the voter of the past, even the last election. Through Facebook, YouTube, television houses like CNN, FOX News, etc., Bahamians can get ...
January 18, 2012
PLP: Ingraham's failure on Atlantis jeopardizes Bahamian Jobs
Forty-eight days after the
Progressive Liberal Party expressed serious concerns about the FNM
government's approval of the Atlantis deal, that deal has fallen apart,
leaving more than 7,000 Bahamians even more anxious about the security
of their jobs.
The Prime Minister and the FNM government have shown extraordinary
incompetence when it comes to dealing with our nation's largest private
em...
DNA leader: Atlantis dispute puts jobs at risk
January 17, 2012
DNA leader: Atlantis dispute puts jobs at risk
The legal battle that has erupted between Brookfield Asset Management and other Kerzner International creditors puts the true ownership of the Atlantis Resort and One&Only Ocean Club in question, said Democratic National Alliance (DNA) Leader Branville McCartney.
McCartney said while the government remains quiet on the matter, the latest development in Kerzner's debt crisis puts thousands of di...
ATLANTIS DEAL: JOB SECURITY FOR 8,000 IS 'EMBEDDED'
November 29, 2011
ATLANTIS DEAL: JOB SECURITY FOR 8,000 IS 'EMBEDDED'
By NEIL HARTNELL
Tribune Business Editor
KERZNER INTERNATIONAL yesterday said its debt-for-equity swap with a major creditor had gone "a long way" to removing its $2.6 billion debt burden, having "embedded in the agreement" with Atlantis's new owner "assurances" there would be no cuts to the resort's 7,500-strong workforce.
Unveiling the restructuring agreement with Toronto-headquartered Brookf...
November 29, 2011
Two Atlantis Employees Facing Gun Charges Lose Their Jobs
An arrest over the weekend on gun and ammunition possession charges cost two Atlantis employees their jobs, according to their lawyer.
Atlantis Teen Club set to create 30 jobs
October 21, 2010
Atlantis Teen Club set to create 30 jobs
By ALISON LOWE
Business Reporter
alowe@tribunemedia.net
Atlantis's 12,000 square foot 'Teen's Club', dubbed by Kerzner International as "the coolest thing we have done", is on schedule for completion, having created 40 construction jobs at peak build, with 30 new permanent jobs to be created at opening.
"The Teen Centre is progressing nicely," said Ed Fields, Kerzner International (Bahamas) vi...
100m Atlantis expansion leads to 90 new jobs
January 23, 2011
100m Atlantis expansion leads to 90 new jobs
By ALISON LOWE
Business Reporter
alowe@tribunemedia.net
Revealing a disappointing 2011 first quarter for bookings across the Bahamian hotel sector, Atlantis executives have confirmed that the resort is pushing ahead with its $100 million upgrade program, which has so far created 90 permanent jobs and will cause at least another 250 to 300 new hirings before the end of this year.
George Markanto...
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