Wednesday, September 07, 2022

Property News Media Blog: Media Man, Casino News Media and Greg Tingle Promotions news: Pop culture, casinos, gaming, sports...

Media Man, Casino News Media and Greg Tingle Promotions news: Pop culture, casinos, gaming, sports...


New Las Vegas resident Mark Wahlberg promises ‘Hollywood 2.0’ 

Nevada (Las Vegas) - John Katsilometes, Review-Journal - Mark Wahlberg is not moving to Las Vegas.  He already has.  We need to shift to the present-tense when referring to Vegas plans for the Hollywood A-lister, who has purchased a two-story estate in The Summit Club for $14.5 million. “My hometown,” is how Wahlberg referred to Las Vegas in the latest episode of BeondTV’s “Lights, Camera, Vegas,” hosted by Rachel Smith. “I live in Nevada. I plan on making, hopefully, a film studio, and we want to build a shoe factory in Nevada.  “We want to create a lot of jobs, and a lot of excitement. Hollywood 2.0.” 


Summer tourism profitable despite nagging inflation 

New Jersey (Atlantic City) - Eric Conklin, The Press - Between Atlantic and Cape May counties, tourism officials say the summer season may not have been as hindered by inflation as was feared months ago. “I think the summer was strong,” said Michael Chait, president of the Greater Atlantic City Chamber of Commerce. Cape May County tourism director Diane Wieland said, “This year, as we went into it, we kind of predicted that things were not going to be as great, but it was still going to be good,” Wieland said. Wieland said beach badge sales and occupancy tax collections — two revenue streams the county uses to gauge its tourism economy — were slightly down from a year ago 2021 but remain strong.


Turning Stone plans biggest expansion since it opened 

New York (Indian gaming) - Don Cazentre, Post Standard - Turning Stone Resort Casino is about to embark on its largest expansion project since opening in 1993. The project, which will be completed over a period of several years, will nearly double the Oneida Indian Nation-owned resort’s convention and conference space, while also adding a new hotel, dining options and other amenities. 


Suppliers relocate resources to other Asian gaming markets 

Asia (Macau) - Tony Lai, Macau Business - Suppliers of casino gaming equipment with operations in Macau are relocating manpower and resources to other gaming jurisdictions in Asia like the Philippines and Singapore, Bloomberg reported.  The financial news agency quoted Jay Chun, chairman of the Macau Gaming Equipment Manufacturers Association, saying at least four multinational casino suppliers in Macau were doing so. Data from Bloomberg Intelligence said the gaming revenue of Macau only recovered to about 18 per cent of the 2019 level…the Philippines and Singapore recuperated back to 79 per cent and 68 per cent of the pre-pandemic levels respectively in the six months ended June 2022. 


Circa still faces $4.5M overlay in football contests 

Nevada (Las Vegas) - Todd Dewey, Review-Journal - Five days before Saturday’s entry deadline, Circa Sports is a long shot to meet its $6 million in guaranteed prize money for its $1,000-entry Circa Million IV contest.  The downtown sportsbook needs 6,000 entries to meet its guarantee, up from $4 million last year. “I have a better chance of making the NBA than we do of reaching the guarantee in the Circa Sports Million,” said 5-foot-8, 130-pound Circa sportsbook operations manager Jeff Benson. 


Flanker at Mandalay Bay could be Las Vegas’ next big sports bar 

Nevada (Las Vegas) - Brock Radke, The Weekly - RM Seafood at Mandalay Bay was a paragon of Strip dining for nearly 15 years…seemed like an impossible act to follow after closing in late 2018…“As the sports scene in Las Vegas has evolved with professional teams coming to town, sports bar and grill concepts have also evolved,” Christie said in a statement. “Flanker Kitchen and Sports Bar will strive to become the next generation leader by delivering an approachable premium dining, drinking and sports-viewing experience.” 


‘If you’re a gaming company, wouldn’t you want to be in Nevada?’ 

Nevada (Reno/Sparks) - Howard Stutz, The Independent - Century Casinos’ pending $195 million acquisition of the Nugget Casino Resort in Sparks will rewrite the company’s corporate profile.  The regional casino operator, which began in Europe, doesn’t have what gaming observers consider a flagship resort…Northern Nevada provides Century an opportunity to prove its operational expertise in a destination market.  The Nugget has 1,382 hotel rooms, more than triple the combined hotel rooms Century has in its U.S. portfolio. 


Changes make Colorado an enticing casino market  

Colorado (Black Hawk/Cripple Creek) - Howard Stutz, The Nevada Independent - Nevada’s major gaming companies avoided Colorado for nearly two decades after casinos were legalized in the historic mining towns of Black Hawk, Central City and Cripple Creek.  Initially, bets in the state were limited to $5 and casinos were not open 24/7…There was zero interest by Las Vegas or Reno casino operators to enter Colorado. Expansion from tiny storefront casinos to mid-sized resorts has been taking place over the last few years. In Black Hawk, three properties account for more than 1,300 hotel rooms, roughly 85 percent of the total market. In Cripple Creek, a 300-room hotel-casino that is being built by Las Vegas-based Full House Resorts will double the market size when it opens next year. Las Vegas and Reno gaming companies committed millions of dollars to change the perception of the Colorado casino communities. 


Muckleshoot Tribe lifts final iron beam onto future hotel tower 

Washington (Indian gaming) - Robert Whale, The Reporter - To the beating of drums, dancing and the chanting of sacred songs, the Muckleshoot Tribe gathered to celebrate the topping-off ceremonies for its 18-story, 400-room, luxury hotel tower on Aug. 26.  Then, to a loud cheer, construction workers hoisted the final steel beam for the Muckleshoot Casino’s highly anticipated resort tower into place, and as it slid into place, the tribe celebrated the feat with fireworks. The event heralds the first major addition to the casino since the gaming establishment opened 27 years ago at 2402 Auburn Way S. 


Foxwoods’ new $85 million casino project will create “vibrant hub”, CEO says 

Connecticut (Indian gaming) - New London Day - Foxwoods Resort Casino’s plan to add a sixth gaming space is as much about rearranging the layout at North America’s biggest casino as it is expanding, Foxwoods’ top executive said Thursday. "The thought is to create a vibrant hub of activity in the heart of the property,” Jason Guyot, president and chief executive officer, said in a phone interview. "We’re spread out so far, from the Rainmaker Casino on one side to The Fox Tower on the other side, it’s difficult for guests to manage. There’s no better place to put it (a new gaming space) than Grand Pequot, the busiest section of the property ― the heartbeat of the property.” Guyot said the new gaming space, which will replace the Grand Ballroom, will have around 500 slots, including 175 high-limit machines, and 24 table games, including the usual mix of blackjack, roulette, craps and the like, as well as a 40-seat bar.