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Wallace Groves (20 March 1900 – 30 January 1988) was an American financier and fraudster. After release from federal prison in 1944, he moved to the Bahamas where he founded and operated a free trade zone, resort, and casino development at what would become Freeport, Grand Bahama.
Grand Bahama is the northernmost of the islands of The Bahamas, with the town of West End located 56 nautical miles (64 miles; 104 km) east of Palm Beach, Florida. [2] It is the third largest island in The Bahamas island chain of approximately 700 islands and 2,400 cays.
The amenities include three hotels (a Grand Hyatt, SLS Baha Mar, and the Rosewood) with a total of 2,200 rooms, 284 private residences, a 100,000-square-foot (9,300 m 2) casino, a 30,000-square-foot (2,800 m 2) spa, and a Tournament Players Club golf course designed by Jack Nicklaus. [2]
Freeport is a city, district and free trade zone on the island of Grand Bahama of the northwest part of The Bahamas.In 1955, Wallace Groves, a Virginian financier with lumber interests in Grand Bahama, was granted 20,000 hectares (50,000 acres) of pineyard with substantial areas of swamp and scrubland by the Bahamian government with a mandate to economically develop the area.
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Atlantis Paradise Island is an ocean-themed casino resort located on Paradise Island in the Bahamas. The resort spans 154-acre (62 ha) and includes a waterpark, marine habitat, and other recreational facilities. It is built around the Aquaventure waterscape and features multiple hotel towers, including The Royal, Coral, Beach, Cove, and Reef ...
The Xanadu Beach Resort & Marina, also known as the Xanadu Princess Resort & Marina, was a resort and marina on the island of Grand Bahama in the Bahamas.Built in 1968, the resort was purchased by Howard Hughes in 1972 and was for several years the most celebrated resort in the Caribbean and served as a hideaway for the Hollywood jet set of the era.