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Joined on Oct 6, 2023

  • It could be positioned to set a US record for the price commanded on a development parcel. The Malaysian conglomerate reportedly has five offers of $1 billion or more, with one approaching $1.5 billion. Last November, the company announced it’s looking to sell 16.5 acres of prime, undeveloped real estate along Biscayne Bay if it’s able to command $1 billion or more. Genting is expected to trim the field of bidders to three in the weeks ahead. If we get what we hope to achieve, this could be the highest price paid for any development site in the country,” Michael Fay, the broker at Avison Young in Miami, which has the listing, said in an interview with Bloomberg. The identities of the bidders weren’t revealed. With Florida’s commercial real estate market booming, it’s possible the aforementioned record is set. Potential uses for the land could include office space and pricey condos, among other ideas. Big Profit Potential for Genting As is the case with other real estate transactions in destination markets, Genting has the potential to wring a staggering profit from the sale of the Miami land.
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  • To show that the southern Chinese city is competing to become an Asian Las Vegas has a unique cultural heritage that makes it a valuable international destination, art exhibitions, photo exhibitions, and artists' demonstrations are scheduled every week in malls and resorts. "It is a celebration of rich cultural heritage," said Fernando Cui, presidential secretary for social and cultural affairs in Macau's Special Administrative Region, a designation enacted in 1999 when the Portuguese government handed the region over to the Chinese. Macau heated up its enthusiasm for the game industry in 2002 when the Macau government signed concession deals for the game industry with companies affiliated with Wynn Resorts Ltd. and Las Vegas Sands Inc., opening the area to foreign competitors. Las Vegas Sands quickly opened up Sands Macau last year, starting microcosm work in Venice, and Wynn began building a slimmed-down version of Wynn Las Vegas. MGM Mirage entered the market through a partnership with Panji Ho, managing director of Shuntak Holdings, which has real estate and tourism throughout Macau. Ho is the daughter of Stanley Ho, managing director, who held Macau casino exclusivity for 40 years before deciding to concede to outside companies. Stanley Ho still controls more than a dozen casinos in Macau, including Lisboa, the largest casino currently operating in Macau. Earlier this year, construction on the MGM Macau Hotel began. All three hotel-casino projects linked to Las Vegas are scheduled to open in 2007, with several stages of construction underway. Pansy Ho was one of the business representatives who came to Las Vegas for Macau week and met with MGM Mirage officials. He also acquired some of the cultural offerings. Fancy said the cultural event at the resort and mall this week was "very well received" and "provides an opportunity to show that we can have more experience in Macau." Bill Widener, president and chief operating officer of Las Vegas Sands, said Macao has a thriving gaming market but does not have the infrastructure to replace Las Vegas with the world's leading casino resort. Nonetheless, Macau's casino revenue is on pace to surpass Las Vegas thanks to a growing core market for Hong Kong-based Chinese high rollers who make day trips to casinos. Weidner said his company's strategy is to spend more than a day in the city and help develop other niche markets for tourists willing to house some of the cultural amenities Macau offers. To make the experience more appealing to the mass market, Las Vegas Sands and other companies in the U.S. are developing resort experiences similar to Las Vegas, complete with entertainment, dining, and shopping experiences as well as convention and conference facilities.
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  • The Rhode Island-based regional casino operator added that its Bally’s Chicago project will bring more than 3,000 permanent jobs to the city, and construction will commence in late 2024. The venue will be the operator’s most expensive project to date. The development is a fusion of green space, arts and entertainment spaces, and exclusive hospitality areas. The iconic form of the hotel tower, which includes a spa and food and beverage venues, anchors the master plan at the north end of the site and features a shimmering facade that reflects and responds to the movement of the nearby Chicago River,” according to a statement. The Illinois Gaming Board (IGB) must approve Bally’s application before the company can commence gaming operations at the venue. Bally’s Chicago Casino Plan Gaining Pace News of the Department of Planning and Urban Development approval arrived just days after Bally’s reached an agreement with Tribune Publishing on the Freedom Center — the 30-acre riverfront property on which Bally’s Chicago will reside. Under the terms of that accord, Bally’s will deliver cash payments to the media company to expedite its departure from Freedom Center to July 2024. Last November, Bally’s paid $200 million for that real estate. The casino operator later sold the property assets to a private equity firm in a $500 million sale-leaseback transaction to raise capital for the Chicago casino effort. Bally’s retained the right to eventually repurchase the land.
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  • The lawsuit claims Suncoast owner Boyd “negligently, carelessly, and recklessly maintained and allowed a dangerous condition to exist.” On July 26, 2021, Roberto Bernales, who used a walker, and his wife, Vivienne de Jesus-Bernales, stepped onto the escalator, but a “hump” on the walkway caused Bernales to fall backward, hitting his head, according to the lawsuit. Bernales’ shirt then became entangled on the moving walkway, and he was “continuously dragged” for several minutes, causing deep cuts on the back of his head, reads the suit. De Jesus-Bernales called for help, pleading with staff to stop the walkway, but it “continued to operate with Roberto stuck at the end.” Bernales suffered severe injuries, which caused his death on Aug. 3, 2021, per the filing.
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  • The book is currently located at the Machine Room at Great American Ball Park. But unidentified sources with knowledge of the matter told the WCPO 9 investigative team that the retail book is likely to be moved to a site formerly occupied by the Galla Nightclub, which surprisingly closed earlier this year. Real estate sources say the team bought a leasehold interest from Galla Park’s operators before the night club abruptly closed in February,” reported the ABC affiliate. Per Major League Baseball rules, retail sportsbooks cannot be located within ticketed areas of stadiums. BetMGM and the Reds were able to work around that rule because the book was accessible through Great American Ball Park’s plaza area. Location Change Could Benefit BetMGM Book Sports wagering launched in Ohio earlier this year, and data confirms it’s been a success, particularly on the mobile front. States that offer both mobile sports betting and retail sports wagering typically see 90% or more of wagers placed by computer or smartphones. Ohio has 11 casinos and racinos, and half a dozen stadiums where retail sportsbooks could be permitted. But the BetMGM location in Cincinnati failed to attract a large audience. To date, the best-performing retail sportsbook in Ohio has been one located at a casino — the Hard Rock Cincinnati.
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  • Taking place in the Mohegan Sun Poker Room, now located in the Hall of Lost Tribes in Casino of the Earth, the tournament will feature three flights across two days, finishing with a final day on Saturday 4 January. The buy-in is $230.00 and players can register at the Mohegan Sun Poker Room. In the $50,000 guarantee “Holiday Hangover Tournament,” players must make the final day (4 January) to be in the money, where the field will net out to approximately 12%. Blinds will also increase every 30 minutes, after starting at 100/100. Additionally, players who show up in the first level will receive a bonus of 5,000 in chips!Mohegan Sun Poker Room 1.jpg The following is the tournament schedule: Starting stack: 25,000 2 January — Flight A: 11:00am | Flight B: 5:00pm 3 January — Flight C: 11:00am 4 January – Day Two / Final Day: 11:00am
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  • From the exceptional Big Game and The Madness Zone viewing parties at the William Hill Sportsbook, to mouth-watering dining events at Topgolf Swing Suite, Ocean is sure to bring the heat this winter! Everything needed to make the season spectacular is right here at Atlantic City’s largest beachfront property. Staycation Why book a flight with long travel days while you can escape to Ocean Casino Resort with picturesque views of the ocean from every angle? Breathe in the salty air at Exhale Spa + Bathhouse ’s Himalayan Salt Grotto, take in the sunshine at the heated Eclipse Pool, get your game on at Topgolf Swing Suite to prepare for baseball & golf season, or kick back at the Lobby Firepit and sip on a hot or frozen drink from Frosé Daiquiri + Dessert Bar. You don’t have to wait for an outdoor concert to get your music fix, experience Rascal Flatts on 6 March in Ovation Hall. It’s the perfect destination to help combat the winter blues or anytime of the year. Special winter rates start at $59 for One King Bed Contemporary Room and $69 for a 2 Queen Bed Contemporary Room. Or, enjoy a 2-Day Staycation Package, which includes 2-nights from $99, beginning 1 January through 31 March.
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  • The news comes with a shocking revelation in January this year that KBC Aldini Capital Limited founder and chairman Kalani Lal filed a legal lawsuit against Mr. Bazov, claiming that Mr. Bazov benefited from his name in a strong push to take over the company he found. Despite David Bazov's departure from the initiative of Canadian gambling company Amaya, his name still appears to be linked to several scandals. This Friday, local news agency LaFresse reported that Mr. Lal filed a lawsuit against Mr. Bazov, claiming that he led the takeover bid in Mr. Lal's name without permission. The trial will take place in November this year. Bazov's intention to buy and privatize Amaya has come under intense public criticism. This is an underestimation of Amaya's price per share in the stock market. To boost the takeover bid, Bazov named KBC as a supporter, despite the company's Lal boss denying he was involved in the deal without giving approval. This has led to the current situation in which former chairman and CEO Bazov is brought back to court. Quebec securities regulator Marques Financiers (AMF) released a full official report on the incident, explaining that KBC's regular customers are mostly Muslims, and their religion strongly opposes any gambling behavior. KBC added that it would not put its customers at risk only to support Mr. Bazov's interests. David Bazov's previous track record To explain more clearly, it is worth providing certain details regarding Amaya's takeover bid and Mr Bazov's participation. In 2016, Mr. Bazov officially announced an acquisition offer to acquire Amaya for C$3.6 billion, or C$24 per common stock. The entire deal also included the company's debt acquisition, which was estimated to cost about C$6 billion. In a filing with the U.S. Securities and Exchange Commission, Mr. Bazov announced that he had received support from four companies, including KBC Aldini Capital Ltd., which may not seem entirely true.
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  • At yesterday's hearing, Springfield policymakers considered a number of suggestions on how to develop local funds wisely. 에볼루션 바카라사이트 On Tuesday, September 19, the state economic development co - committee held a hearing at Springfield Technical Community College in Springfield, with state senators Eric P. Lesser, D - Longmeadow and state representatives Joseph Wagner and D - Chicope chaired the panel. The main purpose of the meeting was to discuss how money generated from gambling activities should be distributed. Investment Proposal Summary Among others, Richard Sullivan, president of the Western Massachusetts Economic Development Council, suggested that the local Pioneer Valley should invest a certain amount in further development in the region because it is a popular tourist destination throughout the year and could revitalize the local tourism sector. It will also contribute to the economic growth of the city and the revival of SMEs. The committee also noted the social and economic challenges facing Massachusetts's gateway cities (11 cities in the state's metropolitan area) over the years. It suggested that some of the profits generated by gambling activities in the city could be invested in local economic development and business regulation. Another prospect discussed by legislators was that they could also invest in education and training of the labor force. The state legislature will have the task of deciding how casino funds will be used when drawing up the 2020 budget. Under the agreement with the state, the two casino operators are required to pay 25% a year in taxes, which state lawmakers have already decided to use 9.5% to finance various programs to support local economic development, and Sullivan predicts tens of millions of dollars will go into economic development.
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  • According to the association, gambling advertising has been growing at an alarming rate of 500 percent from 2007 to 2012, putting many young vulnerable children directly exposed to the negative effects of gambling advertising at risk, which minors gambling addicts. Simon Blackburn, chairman of the LGA's safe and powerful community committee, aims to establish gambling as a legitimate entertainment, but at the same time to stimulate people to gamble responsibly, he added that the number of gambling ads is extremely high and stricter laws should be enforced. The LGA required an impact test to properly assess the risk. Separately, the board has asked for permission to reject applications from new betting companies where there are sufficient number of betting companies. Finally, the LGA proposed reducing its controversial maximum stake in Fixed Odds Betting Terminals (FOBT) from £100 to just £2. This is expected to protect players from exhausting their bank rolls and causing huge financial losses. It should be noted that, although the British government raised the possibility of a crackdown on FOBT earlier this year, the future of gambling machines remains vague. It is being criticized for the increase in gambling problems. The Commission has announced that it is not entirely opposed to gambling operations, but is opposed to the clustering of betting shops and FOBTs in certain areas. Other anti-gambling advertising campaigns This is not the first UK campaign aimed at setting stricter rules for gambling advertising. As the casino report discovered earlier this year, British business tycoon Alan Michael Sugar, better known as Lord Sugar, is one of the main opponents of betting advertising. On the back of the same idea, he appealed to the government to revise the law and withdraw all broadcast betting ads.
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  • The British Lottery Gaming Corporation (BCLC) has confirmed that Bingo Hall will be closed after April 21 this year. The closure of the Newton Community Gaming Center is the result of Gateway's intention to relocate its gambling facilities to Delta, transforming them into millions of casino resorts. Not long ago, BCLC chose Delta as its preferred host for the South Fraser Casino. In 2014, BCLC announced that it would relocate the slot machines of the Newton Community Gaming Centre, and since then the gambling house has only been offering bingo games. In September, BCLC announced that Gateway Casino & Entertainment was ready to relocate its gambling house in Surrey to Delta Town and Country Inn after receiving preliminary approval. Following the announcement, Gateway wasted no time submitting an application to build a casino in South Delta. Gateway's casino project has received the necessary zoning and public approval. The company behind the project described the wide range of economic benefits casinos can bring to the city to win over local residents. Set the stage for Gateway's casino proposal The consultation process has already begun with three public information meetings in the book. Surprisingly, locals had mixed feelings about Gateway's casino offer. Casino supporters were excited to hear that the city would soon be the host of the Premier Casino. Casino opponents, on the other hand, praised concerns related to the negative social costs associated with gambling. The future of Gateway's casino proposal remains ambiguous. Assuming Gateway is approved to build a full-fledged casino in Delta, the company will either own or lease the facility on behalf of BCLC. BCLC spokesperson Anjee Gill said Gateway's location lease contract would expire this year and the company had already taken steps to transfer employees to other properties close to the Newton facility.
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  • Supported by strong third-quarter earnings growth, the gaming device manufacturer is expected to have driven earnings before interest, taxes, depreciation, and amortization leverage to 3.6x last year, according to Fitch Ratings. That puts IGT on pace to pare leverage to 3x by 2026. Management has a 2025 2.5x-3.5x net leverage target, and was at the midpoint of the band at Sept. 30, 2023. Fitch focuses on gross metrics and subtracts minority distributions from adjusted EBITDA (approximately 0.5x difference in leverage due to the latter),” noted the ratings agency. Fitch affirmed IGT’s corporate credit rating at “BB+” — a junk grade. The outlook on that rating is “stable.” IGT Asset Sales Helped Prior asset sales helped IGT generate cash used to lower liabilities, and it’s possible that the theme could be repeated in 2024. Last June, the company announced it was considering strategic alternatives for its global gaming and PlayDigital units. It’s possible that IGT could merge, sell, or spin-off those businesses. Alone, the sale of the global gaming unit could command a price tag of $4 billion to $5 billion, which could go a long way toward funding IGT’s debt-cutting plans and its shareholder rewards programs.
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  • In a press release announcing its lawsuit, the civil rights organization called the ordinance “unconstitutionally vague,” claiming that it fails to accommodate protected First Amendment activities such as holding political signs or even stopping to take selfies.” The ACLU sued on behalf of Brandon Summers, a violinist who has performed for tips on the Strip since 2009, and Lisa McAllister, who uses a wheelchair to get around due to a spine injury. “Due to her disability, Plaintiff McAllister often must stop unexpectedly,” the lawsuit reads. “For example, she must stop when there is a mechanical malfunction with her wheelchair, her arms tire from using her wheelchair, or when her vision of her path is blocked by other people who are walking in front of her.” Stop Stopping The ordinance was passed by a unanimous vote of the Clark County Commission on Jan. 2. It establishes “pedestrian flow zones” on the bridges — and within 20 feet of adjoining escalators, stairs, and stairs — that make it unlawful to “stop, stand, or engage in an activity that causes another person to stop or stand.” “The bridges were not designed for pedestrians to stop, stand or congregate,” Clark County Counsel Lisa Logsdon explained at the time. “The pedestrian flow zone is similar to pedestrian zones located in other large cities, such as New York City.”
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  • The live satellites run from October through to December all over Ireland. The PKR WPT Ireland will be held at the luxurious Citywest Hotel in Dublin, running from Thursday, 5 January through to Sunday, 8 January 2012. How to qualify live to win a seat Playing a live satellite is easy: There are around 200 local and 12 regional satellites (4 per month) across the country. The winning players of the local tournaments will get a seat to their nearest monthly regional tournament. Finally the winners of the regional events win a seat to the PKR WPT Ireland in Dublin. Local satellites All local poker tournaments will be held in pubs or poker rooms all over Ireland. The Buy-in for each event will vary. Each player who wins a local satellite will get a seat to a monthly regional tournament.
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  • Lim Chang-min signed an FA contract with Samsung on the 5th. The contract period is two years, with a total of 800 million won with a down payment of 300 million won, an annual salary of 400 million won and an option of 100 million won. As a C-class FA that does not generate compensation players, Samsung pays 150 million won, or 150% of the previous year's annual salary, to Lim Chang-min's former team Kiwoom. As a result, Lim has changed his affiliation for four consecutive years. Having played for the NC Dinosaurs for nine years until 2021, Lim was released after finishing the season of that year. He performed fairly well in 46 games (40 ⅓ innings), with three losses and 17 holds with an ERA of 3.79, but lost ground in the NC Dinosaurs, which is on the verge of a generational shift. However, he opened a new nest in Doosan Bears in recognition of his value as an experienced bullpen pitcher. Lim Chang-min, who was treated well for a player who was released with an annual salary of 120 million won (27,000 U.S. dollars), was informed of his release for the second consecutive year after recording two losses and six holds with an ERA of 3.95 in 32 games (27 ⅓ innings). Then, he was called upon by the Kiwoom Heroes this time. Lim Chang-min, who debuted as a pro in 2008, used to be a member of the Kiwoom Heroes' pro team before being traded to the NC Dinosaurs in November 2012. He rebounded from the team that returned after 11 years. He finished the game from mid-May, displaying stable performance with two wins, two losses, 26 saves and one hold with an ERA of 2.51 in 51 games (46 ⅔s). Lim Chang-min, who applied for the FA qualification for the first time after the season, moved back to the team at the invitation of Samsung, which rolled up its sleeves to reinforce the bullpen. It is significant that he overcame the challenge of release for the last two consecutive years with his first contract as an FA at a late age of 39. "I decided to join the team because Samsung, a prestigious Samsung team, has actively shown its intention to recruit players. Samsung has many passionate fans. I will repay them with performances that meet those expectations," Lim said.
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  • What will Christian Romero's injury absence bring. Tottenham Hotspur will face off against Brighton in the 19th round of the 2023-24 season Premier League (PL) at the Amex Stadium in Brighton, England, at 4:30 a.m. on Saturday. Currently, Tottenham (36 points, 11 wins, 3 draws, 4 losses, 37 wins, 24 losses, +13) is in fourth place. Sad news came before the game. Romero, who was replaced after halftime during the last Everton match, will be out of power for up to five weeks due to a hamstring injury. British public broadcaster BBC reported that Romero was injured. He had missed three games in the last two months. The same goes for Mickey Van der Pen and Ryan Sessegnon. Manager Enze Postecoglou said, "I am disappointed in the loss of Romero. The last scan revealed a hamstring sprain. I expect it will take four to five weeks." Romero's departure could lead to serious consequences. For now, Tottenham failed to win a single game without Romero this season. In the league, they failed to catch Wolverhampton (1-2), Aston Villa (1-2), and Manchester City (3-3 draw) in the 12th round, and were eliminated early in the English Football League Cup (EFL Cup), losing to Fulham (1-1 draw, 3-5 penalty shootout).
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  • Hwang Hee-chan (27, Wolverhampton) scored a double-digit goal in the English Premier League. Fans are excited about the "goal race" against Son Heung-min (31, Tottenham). Hwang Hee-chan scored goals in succession in the 14th minute of the first half and the 28th minute of the first half in the match against Brentford in the 19th round of the 2023-2024 EPL held at the G-Tech Community Stadium in Brentford, England on the 28th. It is the first goal in four games since the winning goal against Burnley on the 6th, and his 9th and 10th goal in the league. Wolverhampton, which had a landslide 4-1 victory thanks to Hwang Hee-chan's performance, ranked 11th with seven wins, four draws and eight losses (25 points). Brentford ranked 14th with five wins, four draws and nine losses (19 points). With multiple goals, Hwang scored double-digit goals for the first time since his debut in the EPL in the 2021-2022 season. He is the second Korean player to score double-digit goals for this season in the EPL after Son. He has narrowed the gap with Son Heung-min (11 goals), who is tying for fourth in the EPL ranking, to one goal. Hwang Hee-chan started as a left-side striker, intercepted a back pass to the opposing goalkeeper in the 14th minute of the first half with the team leading 1-0, and in the 28th minute of the first half, he beat the defender by receiving the ball from the back in front of the goal area and shook the net.
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  • Harrah's Entertainment officially changed its name to Caesars Entertainment Corp. Tuesday, a move the company first considered more than two years ago. The name Harrah's will remain as one of the company's primary casino brands, along with Caesars and Horseshoe. The company also operates the World Series of Poker and the Total Rewards player loyalty program. Company Chairman and Chief Executive Officer Gary Loveman said the name change reflects the company's luxury brand. In addition to Caesars Palace on the Strip, the company operates Caesars-branded casinos in Atlantic City and Windsor, Ontario, Canada. The company also placed the name Caesars on a golf course it acquired in Macau in 2007. "This re-branding of the corporate name can open exciting new opportunities for us in the future," Loveman said. "The change reflects our evolution as the industry's leading provider of branded casino entertainment."
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  • Boyd Gaming Corp. has launched new applications for a series of smart phones and tablet computers in an effort to give its customers a more personalized gaming and hotel experience. The free applications for Android, iPhones and the iPad, known as B Connected Mobile, provide up-to-the-minute offers and information directly to a customer's device. A BlackBerry version is in development and will be released in the first quarter of 2011, a company executive said. Brian Best, Boyd's corporate director for e-commerce, said applications would be developed for other tablets, but the company chose to release an application specific to the iPad because of consumer demand. He described the applications as an extension of B Connected online or its player's club gaming rewards program.
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  • Richest and most fun 10-day poker festival on the planet. With one month to go before the cards are in the air, more than 700 players have registered for the $10,300 buy-in Main Event. Tournament organizers expect to shatter last year's record of 1,529 players and $14,831,300 prize pool. Additional staff members have been hired, new tables have been built and extra hotel rooms reserved as the magic number of 2,000 players appears visible on the horizon. In response to the high player demand and rising interest from international television broadcast interests, some changes have been made to the previously-released PCA schedule. Most notably, the $5,250 buy-in NAPT Bounty Shootout Event, being filmed for broadcast on ESPN2 (USA), TSN (Canada) and Channel 4 (UK) among others, has been upgraded to a three-day, six-max triple-shootout format with a capacity for 216 players. The change was induced by the overwhelming interest in the 81-player NAPT Los Angeles Bounty Shootout Event. Super High Roller Event For the first time ever, the PCA is proud to host an open event for the most fearless players in the world: a $100,000 buy-in Super High Roller Event, also scheduled to be filmed for international broadcast. Team PokerStars Pros Daniel Negreanu, Lex Veldhuis, Humberto Brenes and Jason Mercier, plus Bill Chen and Dan Shak have already confirmed their attendance, with plenty more players expected. The Super High Roller is an event that is set to separate the fish from the sharks and the sharks from the whales, and is scheduled to take place from January 6-8. PCA Main Event The Main Event will again be the poker world's focal point come January, as the largest and richest poker tournament held outside Las Vegas gets under way. For the first time in PCA history, you'll be able to watch most of the action on television. Filming will start on Day 3 as the greatest players in the world battle it out for their piece of the PCA pie! Then, on Day 5, the webcast on will broadcast all of the action, showing every shocking river card, every crowd-pleasing check-raise, and each heart-breaking elimination, as 24 players are whittled down to one – the champion who will hoist the PCA trophy in the air!
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