Don’t mess aided by the Ohio Casino Control Act, the Ohio Administrative Code, or the Casino Internal Controls into the ‘Birthplace of Aviation’ state; they are viewing you, and watching you closely. This year with fines for not doing things the kosher way so the swank Horseshoe Casino in Cleveland is finding out, after being hit for a second time.
The first fine followed a slot machine being released in to the casino with unapproved computer software; that was just a $15,000 hit, which to a casino, could be such as for instance a cop giving you a ticket for a penny. But now, the pricing is going up, after multiple additional and violations that are random reported, and now the slap has moved to a spank with a total of $180,000.
Among the odd melange of wrongdoings were utilizing dice from unapproved vendors in Fortune Pai Gow poker; encouraging cocktail waitresses to come into restricted game pit areas; removing, storing and shipping three slot machines along with their software (no indication of to whom or why this is wrong); and…drum roll, please…the worst sin a casino can perpetrate: failing to include the hotline contact number on their ‘When the Fun Stops’ problem gambling adverts. Whoops.
Senior V.P. Not Extremely Concerned
The Horseshoe’s Senior V.P. and general manager, Marcus Glover, was not acutely apologetic about any one of it, simply saying that ‘[we] have taken actions to address the problems and embarked on significant training for personnel.’ With a 6.7% rise in the casino’s gross revenues between and February (to $22 million), Glover’s probably not too worried about his job, regardless january.
Meanwhile, over at the revel that is battered Atlantic City, brand new CEO Jeffrey Hartmann, who had been brought in to clean up the financial mess (and perhaps not a moment too soon, it seems), has squandered no time doing what the President can’t: cutting costs. He’s gone through his payroll, and determined that at minimum 83 of 3,300 employees are doing the same important job as someone else, and require to go. That’s only going to save him 2.5% of their payroll, though, and Hartmann says that’s it for the time being, as he faces the other side of the coin and figures out just how to ramp up revenues at AC’s newest and least casino that is lucrative.
Barely Saved from Bankruptcy
According to papers filed at bankruptcy court in March, Revel was days far from literally running out of money, if you can believe that may happen to a casino. Apparently a judge’s approval of the temporary money plan for $250 million saved the day, and kept it from shutting down and going regarding the auction block. Word is, it couldn’t have fetched much, by casino standards anyhow; somewhere between $246 and $331 million is all which was projected for a purchase price that is possible.
Now Hartmann is incorporating a new nightclub that is fancy a lure to younger customers, presumably, and closing straight down some non-performing ‘celebrity chef’ restaurants in support of lower class, but higher revenue-producing, eateries. And even though a portion regarding the casino has reverted to smoker-friendly, they now may be taking a look at lifting the ban completely; apparently, gamblers who smoke have more money or something like that. We will have to puff on that one for the short while to understand it.
Las Las Vegas is the epicenter of all of the things replicated: the Statue of Liberty..the Eiffel Tower…pyramids and palaces…so why not include a replica nyc City park to the mix? We all know you’re laughing right now, thinking, a park? In Las Vegas? the desert where it hits 110 pretty consistently from through September july? Yes, a park. Get over it.
Naturally, you’d assume that is planning to be considered a replica Central Park, the huge, sprawling greenway that divides Manhattan in half in the middle regarding the area. Well, you would be wrong; MGM CEO Jim Murren states this new $100 million park and public promenade project, which will go up outside its brand New York-New York and Monte Carlo properties, will be based on Madison Square Park. You’ve heard of Madison Square Park, right? No? We have not either. Oh well.
New Era in Casino Customer Retention
Seems that the days that are old gambling enterprises attempted to keep you from knowing exactly what hour, day or year it was are over; Murren says that ‘tomorrow’s client does not want that limitation. They’re a lot more spontaneous.’ Okay.
Murren added that the likeness to your NY park is somewhat metaphoric; ‘We’re not going to play Frisbee on the Great Lawn, but i might explain it as a city park having a dramatic boulevard,’ he stated.
Similar to New York…Sorta
The park, which will extend down Las Vegas Boulevard (the Strip) around Tropicana Avenue, will lead customers towards a 20,000-seat arena that is also on the drawing board to go up between the two MGM gambling enterprises. Involving the two bits of construction, MGM will be using 10 acres to create this ode to city life that is outdoor. Adding to its inauthentic authenticity will be things like a replica Brooklyn royal vegas casino no deposit codes Bridge (minus the gridlock rush hour Manhattan exodus traffic, of program), a beer garden (something that strikes us as more Berlin-y than New York-y), and various casual ny eateries, because there’s nothing Vegas tourists like to do more than pay three times the rate that is going a Reuben sandwich. Construction is expected become completed by belated 2014.
Now, if they really would like to recapture New York, they should decrease to Fremont Street and import some homeless people and drug addicts and scatter them hither and yon. And they certainly need some guys offering knock-off Chanel purses from the relative back of a vehicle.
Texas lawmakers whom for years have actually rejected measures aimed at legalizing slot machines and permitting full-scale casinos to be built in the state for which poker’s most game that is famous named may finally have to budge, following a study by the Texas Association of Business (TAB) showed that expanding legalized Texas gaming within the Lone Star State could generate an extra $11.8 billion in revenues annually.
It’s all instead ironic in hawaii that probably hosts more high roller home games than you can shake a stick at. Or, maybe that’s the nagging issue; they don’t really desire the competition. We hear lot of those games are pretty lucrative for the ‘hosts’.
Casinos Could be Allowed
In the event that bill that is new it through a Texas Senate committee hearing, it might allow for slot devices become set up in 13 state racetracks, along with the creation of six full-scale casinos: three with Indian tribes, and three more in Dallas, Houston and San Antonio. But even with the study that is big-ticket it is not a done deal; many past gaming measures have already been shot down.
Nevertheless the TAB won’t drop without a fight.
‘For too long, Texas has propped up neighboring economies at the cost of our personal; exporting jobs, revenue and investment as certainly one of only 10 states that prohibits casino-style gaming,’ said Bill Hammond, TAB’s president. Hammond says his group’s study implies that building the six casinos could produce 74,000 jobs, include $3.4 billion in earnings, and generate that $11.8 billion in annual activity that is economic.
Where’s Trump’s Mortgage?
Meanwhile, back in Atlantic City, the Ca company which was planning to buy Trump Plaza for 1/10th what Trump initially built it for 30 years back, now says it is delaying the deal while Trump Entertainment scrambles to get a release of its mortgage that’s being held by its senior secured lender.
Meruelo Group was in negotiations to purchase Trump Plaza since February, and offered $20 million, which is bargain basement casino rates by any requirements, with the vow to spend about another $100 million on much-needed improvements to the casino-hotel that is now-dated. The offer was the latest to indicate how badly Atlantic City is doing in the gaming division; Resorts Atlantic City and the Trump Marina have also gone for close to nothing in recent years.
Deal’s Still On
Meruelo Group, which owns the Grand Sierra in Reno, Nevada, isn’t throwing into the towel yet on the deal, however. The company said in a statement that is recent it’s ‘heartened’ to observe that Trump Entertainment offers an alternative for them to acquire the Plaza later on within the year if Trump can get things squared up with their current lender. Meruelo says it remains ‘fully committed’ to the deal, and (for reasons just they understand), appears forward to becoming the main (endlessly failing) Atlantic City casino community.
You can’t just make a movie anymore; you need to connect it in with some greater event to milk all of the publicity you possibly can as a result. The writers of the poker classic Rounders have teamed up again for the screenplay of a new poker film called Runner, Runner, which will showcase the trials and tribulations of several Costa-Rica-based online poker sites, as well as feature megastars Ben Affleck and Justin Timberlake with that concept in mind. And to obtain the absolute bang that is most for their buck, the movie’s manufacturers are cleverly planning a release date of September 27, simply in time to create up lots of buzz before the ‘November Nine’ of World Series of Poker’s final Main Event table hit ESPN and somebody walks away with a cool $8 or $9 million.
An added bonus, if all the stars align, is going to be if Nevada’s online poker business happens to be kicked off by then.
The film’s title, of course, means what happens as soon as the final two community cards on the dining table in Texas Hold’em known as either the ‘turn and river’ or ‘fourth and fifth streets,’ either make or break your hand, which sort of sums up the glory and agony of poker in one single usually used player expression. Timberlake apparently plays a college brainiac who pays his Ivy League tuition by grinding online poker cash games for a Costa-Rican site, while Affleck, we gather, plays the ubiquitous Russian mobster who owns stated site. Affleck looks about since much like any mobster that is russian’ve ever regarded as Timberlake looks like a black guy in the hood, but this might be Hollywood and hot guys with bankrollable names draw investors, so we won’t quibble with this small detail excessively.
On the Set
Although it’s designed to take place in Costa Rica, Runner Runner ended up being actually filmed in Puerto Rico, and makes generous and good use of present online poker history, with recommendations to Ebony Friday, recently indicted ‘poker princess’ Molly Bloom (whom ran some of the high-stakes games of that the film’s producer, Leonardo DiCaprio, ended up being reportedly a frequent host, and at which Affleck was thought to be a frequent player). In an odd ‘life imitates art’ twist, Bloom’s recent indictment was part of the much larger Department of Justice roundup of some 34 Russian mobsters with, whaddya understand, some pretty extensive online that is big-time gambling.
‘Twill be interesting to see how Runner Runner plays using the masses, now that Black Friday is mostly wrapped up; with Ray Bitar’s present $40 million cash and asset forfeiture, all the while as he awaits a heart transplant that is much-needed.