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Sleepin Hotel’s Carnival Casino finally gets licence

Six years later…

The owner of the Sleepin International Hotel and Casino, Clifton Bacchus sitting at one of the tables inside Carnival Casino.9

Kaieteur News – “Finally” was the caption of a Facebook post made yesterday by the owner of Sleepin International Hotel, Clifton Bacchus after he was granted his Carnival’s Casino licence on Monday.
This achievement by the hotel did come easily. It took six years, one rejection, delays and at least two re-applications, just to become the second property in Guyana to own a casino licence. The first to own a licence was Ramada International Hotel and Casino located at Providence, East Bank Demerara.
As a result of the setbacks, Bacchus had told Kaieteur News in an earlier interview that he was forced to send back the slot machines and other equipment to its owners. He even fell into a trap with bank loans.
However, when the new People’s Progressive Party Civic (PPPC), administration took office in August, Sleepin saw its chance to re-apply for a third time to get its casino licence. A new Gaming Authority (GA) was formed and mere months later Sleepin Hotel and Casino Inc. can celebrate a victory in obtaining its long awaited Casino’s Operating Licence.
Speaking with Kaieteur News, yesterday, the hotelier said that a grand opening will be held sometime in the near future. Nevertheless, Bacchus pointed out that the casino is currently operating on a trial mode.

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“We are currently doing a dry run of the place to look for bottlenecks and staff performances, et cetera,” Bacchus said.
Kaieteur had reported some years ago that during the former PPPC administration, which lost to the coalition in 2015, Sleepin Hotel and the Marriot hotel located in Kingston, were earmarked for casino licences.
However, the Granger administration when it took office had announced that it will be handling all casino applications as new ones and would review applications case-by-case.
On August 2, 2016, the hotel made an application to the Guyana Gaming Authority (GGA) for its Casino Operator’s and Casino Premises Licences, and also paid $9M as an application fee.
Three months later in November that application was thrown out by the then Guyana Gaming Authority (GGA) that was chaired by attorney-at-law Roysdale Forde. The GA had justified its decision by stating that it had unanimously found no evidence to determine the hotel’s qualification for the licences it had applied for.
Determined to have its casino operator’s licence, the hotel applied again in 2017 and paid another $9M application fee but the GGA never responded. This same year too, Sleepin came under scrutiny after a headline was published in the state owned newspaper, the Guyana Chronicle suggesting that its owner, Bacchus was associated with a Surinamese accused of money laundering.
The headline read, “Tracking the money…Sleepin boss, associate snared in money laundering probe…”
He later filed a libel suit against the media house and won in October 2020 and awarded the sum $27.5M.
Sleepin had also moved to the court seeking an order in early 2019 for the licences to be processed. That order was granted some months later by Justice Fidela Corbin-Lincoln. The order had compelled GGA to consider processing and determine an application for a Casino Licence for Sleepin International Hotel on or before February 8, 2020.
The licence was yet again pegged back by delays which was blamed on the post-elections conflict, COVID-19.

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Last Updated on Tuesday, 1 December 2020, 17:39 by

Sleepin Hotel’s Carnival Casino has received its licence on Monday after submitting a fresh application to the Gaming Authority, ending a six-year long wait and the initial employment of 150 persons, hotelier Clifton Bacchus said Tuesday.

He explained that while the application was submitted recently, he had been engaging the Gaming Authority for about three months, providing that regulatory and licensing entity with copies of court orders, other documents and financial information. He said it was only after those were provided that he was informed that the Authority would be meeting to make a decision.

“This a sigh of relief after close to six years that the investment was lined up,” he told News-Talk Radio Guyana 103.1 FM/ Demerara Waves Online News.

The hotelier said new financial statements and other documents were submitted two weeks ago to the Gaming Authority and “they had a look it and so on and did not see any problem.”

Mr. Bacchus said investment in the hotel and casino amounted to about US$8 million. He explained that costs escalated about another US$1 million due to the need to reexport equipment, paying for licences that had not been granted and the maintenance of the building.

He said two weeks ago he started importing slot machines and other casino-related equipment to replace those that had been re-exported when it had become apparent that Carnival Casino would not have been granted a casino licence by the Authority under the then A Partnership for National Unity+Alliance For Change (APNU+AFC). “Within the last month, we have been bringing back,” he said, even as he said he was repaying bank loans.

Mr. Bacchus said he was relieved at the decision by the Gaming Authority, after having spent at least GYD$18 million in paying upfront for two licences in recent years. He said he would be dropping legal action against the Authority now that the licence has been granted.

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Two related licences amounting to GYD$10 million are issued annually to casinos.

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The five-member Gaming Authority was appointed about one month after the People’s Progressive Party Civic (PPPC) was declared the winner of the March 2, 2020 general elections. They are 1.Mr. Manniram Prashad- Chairman of the Board; Ms. Abena Moore- Director; Mr. Sase Gunraj-Director; Ms. Genevieve Blackman-Director and Mr. Mark Conway- Director

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Mr. Prashad is a former Minister of Tourism, Industry and Commerce, Mr. Gunraj is a PPPC Elections Commissioner, Ms. Moore is Permanent Secretary of the Office of the President, Ms. Blackman is the Region Five Executive Officer and Mr. Conway is an Attorney-at-Law.