Don’t mess with all the Ohio Casino Control Act, the Ohio Administrative Code, or the Casino Internal Controls into the ‘Birthplace of Aviation’ state; they’re 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 fine that is first a slot machine being released into the casino with unapproved pc software; that has been merely a $15,000 hit, which to a casino, would be just like a cop giving you a ticket for a penny. But now, the price is rising, 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 right into restricted game pit areas; removing, storing and shipping three slot machines using their software (no indication of to whom or why this is wrong); and…drum roll, please…the worst sin a casino can perpetrate: neglecting to include the hotline contact number on their ‘When the Fun Stops’ issue gambling adverts. Whoops.
Senior V.P. Not Overly Concerned
The Horseshoe’s Senior V.P. and manager that is general Marcus Glover, wasn’t excessively apologetic about any of it, simply saying that ‘[we] have actually taken actions to handle the issues and embarked on significant training for personnel.’ With a 6.7% increase 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 battered enjoy Atlantic City, new CEO Jeffrey Hartmann, who had been brought in to clean up the financial mess (and maybe not a moment too early, it seems), has wasted no time doing what the President can’t: cutting costs. He’s experienced his payroll, and determined that at minimum 83 of 3,300 employees are doing the same job that is essential 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 present time, as he faces the other side of the coin and figures out how to ramp up revenues at AC’s newest and least lucrative casino.
Barely Saved from Bankruptcy
According to documents filed at bankruptcy court in March, Revel was days away from literally running out of money, if you can believe that may happen to a casino. Apparently a judge’s approval of a temporary funding plan for $250 million saved the day, and kept it from shutting down and going on the auction block. Word is, it wouldn’t have fetched much, by casino requirements anyhow; somewhere within $246 and $331 million is all which was projected for a possible purchase price.
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 favor of lower class, but higher revenue-producing, eateries. And while a portion associated with the casino has already reverted to smoker-friendly, they now can be taking a look at lifting the ban totally; apparently, gamblers who smoke have more something or money like that. We’ll have to puff on that one for the short time to understand it.
Las Vegas is the epicenter of all plain things replicated: the Statue of Liberty..the Eiffel Tower…pyramids and palaces…so why not include a replica ny City park to the mix? We realize you’re laughing right now, thinking, a park? In Las Vegas? the wilderness where it hits 110 pretty consistently from July through September? Yes, a park. Get over it.
Naturally, you’d assume this might be going to be considered a replica Central Park, the huge, sprawling greenway that divides Manhattan in half in the center associated with the area. Well, you would be wrong; MGM CEO Jim Murren states this new $100 million park and promenade that is public, which goes up outside its 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 haven’t either. Oh well.
New Era in Casino Customer Retention
Looks that the days that are old casinos attempted to keep you from once you understand just what hour, time or year it was are over; Murren says that ‘tomorrow’s customer does not want that limitation. They’re much more spontaneous.’ Okay.
Murren added that the likeness to the NY park is somewhat metaphoric; ‘We’re not going to try out Frisbee on the Great Lawn, but I would personally explain it as a city park having a dramatic boulevard,’ he stated.
Just Like 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 casinos. Between your two bits of construction, MGM will be using 10 acres to produce this ode to outdoor town life. Adding to its inauthentic authenticity will likely be things like a replica Brooklyn Bridge (minus the gridlock rush hour Manhattan exodus traffic, of course), an alcohol garden (a thing that strikes us as more Berlin-y than New York-y), and differing casual ny eateries, because there’s nothing Las Vegas tourists like to do more than pay three times the rate that is going a Reuben sandwich. Construction is expected to be completed by late 2014.
Now, they should go down to Fremont Street and import some homeless people and drug addicts and scatter them hither and yon if they really want to capture New York. In addition they certainly need some guys selling knock-off Chanel purses from the relative back of a vehicle.
Texas lawmakers whom for years have actually rejected measures aimed at legalizing slots and enabling full-scale casinos become built in the state for which poker’s most game that is famous known as may finally have to budge, after a research by the Texas Association of Business (TAB) showed that expanding legalized Texas gaming into the Lone celebrity State could generate one more $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, perhaps that’s the nagging issue; they do not desire the competition. We hear large amount of those games are pretty lucrative for the ‘hosts’.
Casinos Will be Allowed
If the new bill makes it through a Texas Senate committee hearing, it would allow for slot devices to be installed in 13 state racetracks, as well as the creation of six full-scale casinos: three with Indian tribes, and three more in Dallas, Houston and San Antonio. But also with the study that is big-ticket it isn’t a done deal; many previous gaming measures are shot down.
However the TAB won’t decrease with no fight.
‘For too much time, Texas has propped up neighboring economies during the expense of our very own; exporting jobs, revenue and investment as one of just 10 states that prohibits gaming that is casino-style’ said Bill Hammond, TAB’s president. Hammond says his group’s study shows that building the six gambling enterprises could create 74,000 jobs, add $3.4 billion in income, and generate that $11.8 billion in yearly economic activity.
Where’s Trump’s Home Loan?
Meanwhile, back in Atlantic City, the California company that was preparing to buy Trump Plaza for 1/10th what Trump initially built it for 30 years ago, now says it is delaying the deal while Trump Entertainment scrambles to obtain 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 promise to invest about another $100 million on much-needed upgrades to the now-dated casino-hotel. The offer had been 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, is not throwing in the towel yet regarding the deal, however. The business said in a statement that is recent it’s ‘heartened’ to note that Trump Entertainment is offering an alternative to them to get 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 an element of the (endlessly failing) Atlantic City casino community.
You can not just make a movie anymore; you need to connect it in with some greater occasion to milk all of the publicity you possibly can from it. With that concept in mind, the article 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 studies and tribulations of several Costa-Rica-based internet poker sites, as well as feature megastars Ben Affleck and Justin Timberlake. And to have the absolute bang that is most for their buck, the film’s manufacturers are cleverly arranging a release date of September 27, just in time to construct up lots of buzz before the ‘November Nine’ of World Series of Poker’s last Main Event table hit ESPN and somebody walks away having a cool $8 or $9 million.
An extra bonus, if most of the stars align, is going to be if Nevada’s online poker business happens to be kicked off by then.
The movie’s title, of course, describes what happens when the last 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 kind of sums up the glory and agony of poker in one usually used player expression. Timberlake apparently plays an university brainiac who pays his Ivy League tuition by grinding poker that is online games on a Costa-Rican site, while Affleck, we gather, plays the ubiquitous Russian mobster who has stated site. Affleck appears about since much like any Russian mobster we’ve ever seen as Timberlake looks like a black guy in the hood, but this really is Hollywood and hot dudes with bankrollable names draw investors, so we won’t quibble using this small detail excessively.
On the Set
Although it’s designed to take place in Costa Rica, Runner Runner had been actually filmed in Puerto Rico, and makes generous and good use of recent online poker history, with references to Ebony Friday, recently indicted ‘poker princess’ Molly Bloom (whom ran a https://casinopokies777.com/royalvegas-casino/ number of the high-stakes games of that the film’s producer, Leonardo DiCaprio, ended up being reportedly a frequent host, and at which Affleck had been thought to be a frequent player). Within an odd ‘life imitates art’ twist, Bloom’s recent indictment was part of a much larger Department of Justice roundup of some 34 Russian mobsters with, whaddya know, some pretty extensive online that is big-time gambling.
‘Twill be interesting to see how Runner Runner plays aided by the masses, now that Black Friday is largely wrapped up; with Ray Bitar’s current $40 million cash and asset forfeiture, all the while as he awaits a heart transplant that is much-needed.