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Saturday, January 29, 2022
Friday, January 28, 2022
Casinos Of The World: Land Based And Online, Casino Awards By Media Man And Casino News Media; Flackback to 2012
Casinos Of The World (updated)
Punters, here's 10 of the world's top land based casinos for you to mark down in your travel plans.
Monte Carlo, Monaco: Perched above the Mediterranean and bounded by the French
and Italian coastlines on either side, Monaco provides a spectacular and luxurious setting for the wealthy and the wannabees. Home to the Monaco Grand Prix and the legendary Casino de Monte Carlo, this isn't the place for those on a tight budget. The magnificent Casino hosts the annual European Poker Tour and was also the scene of several James Bond Films, including the original "Casino Royale" and "Golden Eye".
Paradise Island, Bahamas: Located just off the shore of the city of Nassau, Paradise
Island is best known for its sprawling 'Vegas-by-the-sea' resort, Atlantis. The resort spans seven acres along a lagoon, where guests can soak up the Caribbean sun and choose from a variety of outdoor gaming areas. When in need of a break from the tables, guests can enjoy the private beach or one of the resorts 20 sunlit pools.
Melbourne, Australia: As Australia's sporting and entertainment capital, Melbourne
offers the perfect option for high rollers looking for a local break. Aussies need look no further than Crown Casino on the southern bank of the Yarra River, which is one of the largest casino complexes in the southern hemisphere. The main gambling floor stretches more than half a kilometre and the casino was the first to introduce the new game Rapid Roulette, which allows players to place bets on a personal electronic touch screen connected to a central roulette wheel.
Macau, China: Known as the 'Monte Carlo of the Orient,' and the gambling capital of Asia, Macau now rivals Monaco and Las Vegas as one of the premier gambling destinations in the world. With no less than 33 casinos, in addition to local horse and greyhound racing venues, Macau is perfect for the betting junkie. The Wynn Macau casino is a standout, highlighted by 24-carat gold 'Tree of Prosperity' at the entrance, extravagant water displays and Moon Jellyfish Aquarium at reception.
Baden-Baden, Germany: Situated on the western foothills of the Black Forest and on the banks of the Oos River, Baden-Baden is not your typical casino town. However, in addition to its hot springs and picturesque countryside, the town is also known for its 200-year-old 'Spielbank' casino - the oldest of its type in Germany. With French chateau-style salons rooms named after historical figures such as Madame Pompadour and Louis XV's mistress, the quirky casino provides visitors with a very unique gaming experience.
Las Vegas, United States: With over 1700 licensed casinos in operation, Las Vegas offers the ultimate package for travellers who fancy a flutter. A visit to the famous 'Strip' is a must for any player, whether they're looking for a spin on the roulette table or a game of blackjack - this city has it all. The iconic Caesar's Palace hotel and casino offers 129,000 square feet of casino space plus an endless smorgasbord of entertainment, shopping and fine dining options, including Cleopatra's barge, a floating lounge perfect for a relaxing drink after a jam-packed night on the casino floor.
Manila, The Philippines: With a favourable exchange rate, Manila provides great value for Aussies wanting to live the high-life overseas. The city offers a range of shopping and entertainment options, along with a world-class casino at the Hyatt Hotel. Spread across three levels, the sparkling casino offers the newest in gaming facilities for both hotel guests and visitors, and is just a short distance from Manila's tourist hub.
Sun City, South Africa: Known as 'Africa's Kingdom of Pleasure,' this luxury resort and casino complex, just two hours from Johannesburg, boasts two large casinos, two 18-hole golf courses and a wildlife reserve. At the extravagant yet picturesque Palace of the Lost City, guests are treated to stunning valley views from the guestrooms, along with exclusive access to the Grand Pool. The nearby Sun City Casino is the entertainment Mecca of the resort, featuring a myriad of gaming options as well as an indoor jungle of native foliage and water fountains.
Atlantic City, United States: Regarded as the US's 'Las Vegas of the East', Atlantic City in New Jersey is renowned for its gambling, shopping and fine dining. Towering above the banks of the Atlantic Ocean, the Trump Taj Mahal casino is an icon of the city, with an on-site shopping district and an abundance of restaurants and bars. The 157,000 square-foot casino is also hard to miss, with 3,500 slot machines and 200 table games. Unveiled in 1990 by a number of celebrities, including the late Michael Jackson, the casino is the second-largest in Atlantic City and well worth a visit.
Genting Highlands, Malaysia: Nestled on the Titiwangsa mountain range, just an hour's drive from Kuala Lumpur and 6,000 feet above sea level, the Resorts World Genting offers 360-degree views of the surrounding countryside. This spectacular resort has first-class accommodation, dining and entertainment, while avoiding the hustle and bustle of a capital city. The on-site casino, which covers 200,000 square feet, is Malaysia's sole gaming venue and is divided into separate themed areas, such as Hollywood and Monte Carlo, for the ultimate gambling experience.
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Monday, January 17, 2022
Tuesday, January 11, 2022
Property News Media: Investments in New Projects on Tap for 2022 in Atlantic City
Investments in New Projects on Tap for 2022 in Atlantic City
Atlantic City’s casinos are forging ahead with ambitious new projects in 2022, even as the coronavirus pandemic continues to make it harder to do business.
And non-casino projects involving family entertainment, education and the offshore wind industry will take flight in the new year.
But challenges lurk, as well.
In-person gambling revenue at seven of the nine casinos is down compared with 2019, before the pandemic hit. Sports betting and internet gambling revenue has filled some of the gap, but that money must be shared with third parties, including technology platforms and sports books, and is not solely for the casinos to keep.
A law passed signed by Gov. Phil Murphy in December gives the casinos some relief from big increases in payments they were due to pay to Atlantic City, Atlantic County and the schools system in lieu of property taxes.
A big unknown is how long and how seriously the COVID19 pandemic, and particularly the fast-spreading omicron variant, will affect customers’ willingness to come out and gamble in person in 2022.
And a big challenge is right around the corner when New York begins allowing people to bet on phones or other mobile devices anywhere in the state, as soon as January but almost certainly in time for the Super Bowl in February.
Gambling industry executives and analysts expect New Jersey to lose at least 20% of its sports betting volume as New York residents who formerly had to cross over into New Jersey to bet will be able to do it at or close to home.
Mark Giannantonio, president of Resorts casino, said he is “tremendously optimistic for a great year” in 2022.
Starting in February, Resorts is renovating its rooftop pool, adding a retractable roof to enable it to be used year-round. Resorts also is investing $5 million into new table games and slot machines, remodeling its high-limit slots area, and creating a new VIP Asian-themed room.
The Ocean Casino Resort plans to begin a $75 million project in spring or summer to finish 12 floors of hotel rooms that were never completed when the casino first opened as Revel in 2012.
Caesars casino will start work in 2022 on a new theater and resident show due to open in the first quarter of 2023. The project will incorporate the facade of the former Warner Theatre from 1929, which is currently part of the casino’s exterior facing the Boardwalk.
Also planned for Caesars in 2022 is a new restaurant opened by a hospitality company involving actor Robert De Niro that also will renovate hotel rooms there. Caesars Entertainment is partnering with Nobu Hospitality for a project to be called Nobu Hotel Atlantic City.
Bally’s will unveil 750 renovated hotel rooms, a redone hotel lobby and bar, and an indoor-outdoor entertainment venue in 2022.
A $100 million indoor water park to be built next to the former Showboat casino, which now operates as a nongambling hotel, plans a ground breaking for early 2022.
Atlantic City will host a three-day country music concert on the beach in August headlined by Luke Bryan and Morgan Wallen.
Construction is to begin in 2022 on a new ShopRite supermarket in Atlantic City, designed to end the city’s status as a “food desert” without a major supermarket. The project should open in 2023.
Stockton University hopes to complete a new student residence hall in the city in 2022.
Atlantic City will play a big role in the burgeoning offshore wind energy industry. Atlantic Cape Community College plans to open a wind energy workforce training center on its city campus in the fall, and wind developer Orsted hopes to start work in 2022 on a maintenance and operations center in Atlantic City to support its offshore wind projects in the area.
And a plan that has gotten little attention outside of Atlantic City but which will affect most visitors to the city is due to begin in 2022.
The city plans to reduce Atlantic Avenue, one of its two main north-south thoroughfares, from two lanes in each direction to one lane in each direction, in the name of pedestrian safety.
But many residents and businesses oppose the plan, predicting that traffic that is already difficult to navigate under current conditions will become even worse with only one lane in each direction.
(AP)
Monday, January 10, 2022
Property News Media Blog: Newly Affirmed, Tribe Looks at Casino Plans With Fresh Eyes
Newly Affirmed, Tribe Looks at Casino Plans With Fresh Eyes
The new head of a Massachusetts tribe says he intends to take a cautious approach to gambling while turning attention to social challenges and other economic opportunities for tribal members.
As he begins his first full year in office, the new head of a Massachusetts tribe says he intends to take a cautious approach to gambling while turning attention to social challenges and other economic opportunities for its members.
Mashpee Wampanoag Tribe Chairman Brian Weeden, who is 29 and is the youngest ever to old the post, said last month's decision by President Joe Biden's administration to affirm the tribe’s reservation and reverse a controversial Trump-era order gives the tribe legal footing to continue pursuing its long standing casino dreams.
But he said tribal leaders also want members to look at the idea with fresh eyes, given how much the landscape for gambling has changed.
Massachusetts currently has three major casinos — MGM Springfield, Encore Boston Harbor and the slot parlor Plainridge Park. The separate Aquinnah Wampanoag tribe has also broken ground on a more modest gambling hall on Martha’s Vineyard, though that’s been mired in legal uncertainty. And state lawmakers are weighing legislation to legalize sports betting in Massachusetts.
“We’re back to the drawing board, basically,” said Weeden, who took office in May, in a wide-ranging interview Thursday. “There’s still an appetite for gaming. It just needs to be a smart approach. It has to be different from the past. We need to learn from our mistakes and proceed with caution.”
Meanwhile, anti-casino residents in Taunton, the city where the Mashpee Wampanoag project is proposed, have asked a Boston federal judge to reopen their legal challenge.
They argue, as they have before, that the tribe wasn't eligible for a reservation because it wasn't an officially recognized tribe in 1934, the year the federal Indian Reorganization Act, which laid the foundation for modern federal Indian policy, became law.
The opponents have also argued the tribe's lands in Taunton shouldn't have been included in its reservation because they're some 50 miles from the tribe's home base on Cape Cod and weren't part of the tribe's historical domain. The tribe’s reservation encompasses about 170 acres in the town of Mashpee and another 150 acres acres in Taunton.
Weeden said the latest legal challenge won’t deter the tribe, which traces its ancestry to the Native Americans whom the Pilgrims encountered centuries ago but which was federally recognized only in 2007.
Just prior to last month’s decision, the tribe extended its deal with its Malaysian casino developer partners, Genting Berhad, for another year, according to Weeden.
But he said the tribe, which has roughly 3,000 members, is looking to reach new financial terms to rein in its debt to the gambling giant, which is about $600 million and growing, but which comes due only if a gambling hall actually opens. Company spokespersons didn’t respond to emails seeking comment.
Weeden said tribal members should also consider whether to scale back their casino ambitions.
Before litigation and the Trump administration order derailed it, the tribe broke ground in 2016 on a $1 billion resort casino in a former industrial park. Dubbed First Light, the resort was to include a hotel and shopping, dining and entertainment options, including a water park.
Opting to build a more modest slot parlor or bingo hall, Weeden said, would exempt it from a 17% state tax on gaming revenues, even if it meant not being able to offer popular table games like blackjack and poker.
Weeden said the tribe also shouldn’t rule out abandoning the casino plan altogether and finding other ways to bring financial stability to the tribe. He’d like to see it look into opening tax-free smoke shops, tax-free gas stations, recreational marijuana shops, and other economic development initiatives on its lands.
“We need to exercise our sovereignty,” Weeden said. “Casinos are just low-hanging fruit.”
The new chair says he also intends to focus more on homelessness, substance use and other social ills facing the tribe.
Next month, tribal leaders hope to present to members a plan to spend down the tribe’s roughly $15 million allocation from Biden's coronavirus stimulus bill. Weeden says they will also pursue federal funds through the $1.2 trillion infrastructure bill Biden recently signed into law, which includes some $11 billion for tribes.
Among the projects being considered is the construction of tiny homes or cabins where homeless members can live temporarily, Weeden said. The tribe also hopes to bolster staffing and programming for substance use, mental health and other critical health services.
And with the national reckoning on racism reviving calls for reparations for Black slavery, Weeden said the tribe also intends to step up its own calls for restitution.
He says the state should return seized lands or provide financial compensation as the tribe’s current landholdings represent less than 1% of its ancestral territory.
“Everything going on in this country around social injustice and racial injustice, that’s all fine and good," Weeden said. "But the original inhabitants of this country are still fighting for what little land we have. Native Americans still don’t have their fair share.”
(A.P)