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Baha Mar will have just over a half share in the project, with Harrah’s Entertainment in for a third and Starwood holding ten per cent. The plan is to build a vast and fantastical resort in Nassau in the Bahamas where guests will be able to indulge in a variety of activities, including, of course, gambling.

Harrah’s Entertainment Inc. is the company that, among other assets, runs the Caesar’s Palace Casino in Las Vegas and also owns the rights to the World Series Of Poker – the biggest poker championship in the world which last year paid over $7 million to the winner.