The Atlantis Casino in the Bahamas is a renowned entertainment destination that has captivated visitors from around the globe with its opulent resorts, luxury accommodations, and high-stakes gaming. However, many people are curious about the mystery behind its ownership. In this article, we will delve into the fascinating history and current ownership of the Atlantis Casino in the Bahamas.
History of Atlantis Casino in the Bahamas
The Atlantis Casino was originally envisioned by entrepreneur Kirk Kerkorian and was first opened in 1991. Known as the "Eighth Wonder of the World," the resort quickly became a favorite among tourists visiting the Bahamas. With a sprawling 2,000-acre site, the Atlantis Resort includes a hotel, a water park, a marine habitat, and a casino. The resort has undergone several expansions and renovations over the years to maintain its status as one of the world's most luxurious vacation spots.
Ownership Evolution
Kirk Kerkorian was the original owner of the Atlantis Casino, but his stake in the resort has changed hands several times over the years. In 2001, Kerkorian sold his interest in the Atlantis to the Kerzner International Group, a company founded by Sol Kerzner. Sol Kerzner was a renowned hotel and gaming magnate who had a vision for the Atlantis to become a world-class entertainment destination.
Kerzner International Group
Sol Kerzner's Kerzner International Group acquired the Atlantis Casino in 2001 and continued to manage the resort. The company, known for its innovative and unique resorts, has contributed significantly to the success of the Atlantis. Under their leadership, the resort has expanded its gaming facilities, added new attractions, and continued to enhance its overall appeal.
In 2007, the Kerzner International Group sold a majority stake in the Atlantis to Dubai World, a government-owned investment company based in Dubai. Dubai World has a reputation for its high-end projects, and their involvement in the Atlantis has resulted in further growth and development of the resort.
Current Ownership
As of now, the Atlantis Casino in the Bahamas is jointly owned by Dubai World and Kerzner International Group. The resort operates under the management of Kerzner International, ensuring that the same high standards of luxury and entertainment are maintained. The Atlantis Resort remains a shining example of what can be achieved when vision, innovation, and dedication come together.
Benefits of Ownership
The Atlantis Casino in the Bahamas benefits from its joint ownership by Dubai World and Kerzner International Group in several ways. Firstly, both parties bring significant resources and expertise to the table, allowing the resort to continue growing and evolving. Dubai World's vast wealth and investment power have enabled the Atlantis to expand its gaming facilities, improve its infrastructure, and introduce new attractions.
Secondly, the joint ownership ensures that the Atlantis remains a high-quality destination. Dubai World's reputation for luxury and quality ensures that the resort will continue to provide a world-class experience for its guests. Moreover, Kerzner International Group's commitment to innovation and excellence ensures that the Atlantis will always be on the cutting edge of entertainment and hospitality.
Frequently Asked Questions
1. Who founded the Atlantis Casino in the Bahamas?
The Atlantis Casino was founded by entrepreneur Kirk Kerkorian.
2. Who owns the Atlantis Casino in the Bahamas currently?
The Atlantis Casino is jointly owned by Dubai World and Kerzner International Group.
3. When was the Atlantis Casino in the Bahamas opened?
The Atlantis Casino was first opened in 1991.
4. How has the Atlantis Casino evolved over the years?
The Atlantis Casino has undergone several expansions and renovations since its inception in 1991. The resort has grown to become one of the world's most luxurious entertainment destinations.
5. What makes the Atlantis Casino in the Bahamas unique?
The Atlantis Casino in the Bahamas is unique due to its sprawling 2,000-acre site, which includes a hotel, a water park, a marine habitat, and a casino. The resort offers a wide range of activities and entertainment options for guests of all ages.
In conclusion, the Atlantis Casino in the Bahamas has become an iconic destination that showcases the best of what luxury entertainment can offer. From its humble beginnings to its current status as a world-class resort, the Atlantis has always been driven by vision and dedication. The joint ownership by Dubai World and Kerzner International Group ensures that the resort will continue to thrive and captivate guests for years to come.