Don’t mess with the Ohio Casino Control Act, the Ohio Administrative Code, or the Casino Internal Controls within the ‘Birthplace of Aviation’ state; they truly are watching you, and watching you closely. So the swank Horseshoe Casino in Cleveland is finding out, after being hit for a second time this present year with fines for not doing things the kosher way.
The first fine followed a slot machine being released in to the casino with unapproved pc software; which was just a $15,000 hit, which up to a casino, will be just like a cop giving you a ticket for the penny. But now, the pricing is rising, after numerous additional and random violations were reported, and today the slap has moved to a spank with a total of $180,000.
Various Violations
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 using their software (no indication of to whom or why this is wrong); and…drum roll, please…the worst sin a casino can perpetrate: failing woefully to include the hotline phone number on their ‘When the Fun Stops’ problem gambling advertisements. Whoops.
Senior V.P. Not Overly Concerned
The Horseshoe’s Senior V.P. and basic supervisor, Marcus Glover, was not exceptionally apologetic about any of it, simply saying that ‘[we] have actually taken actions to deal with the issues 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.
Revelations
Meanwhile, over at the battered Revel in Atlantic City, new CEO Jeffrey Hartmann, who had been brought in to clean up the financial mess (and not a moment too quickly, it would seem), has squandered no time doing what the President can’t: cutting costs. He’s experienced his payroll, and determined that at least 83 of 3,300 employees are doing the same job that is essential someone else, and need to go. That is 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 just how to ramp up revenues at AC’s newest and least casino that is lucrative.
Barely Saved from Bankruptcy
According to documents filed at bankruptcy court in March, Revel was days far from literally running out of money, if you can think that could happen to a casino. Apparently a judge’s approval of the funding that is temporary for $250 million saved the time, and kept it from shutting down and going on the auction block. Word is, it mightn’t have fetched much, by casino requirements anyway; somewhere within $246 and $331 million is all that 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 down some non-performing ‘celebrity chef’ restaurants in favor of reduced class, but higher revenue-producing, eateries. Even though a portion associated with casino has reverted to smoker-friendly, they now might be evaluating lifting the ban entirely; apparently, gamblers whom smoke have more money or something like that like that. We’ll have to puff on that one for a while that is little understand it.
Replica New York City Park Coming to MGM Resorts Las Vegas, Nevada
Las Vegas could be the epicenter of most plain things replicated: the Statue of Liberty..the Eiffel Tower…pyramids and palaces…so why not add a replica New York 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 will be planning to be described as a replica Central Park, the huge, sprawling greenway that divides Manhattan in half in the center regarding the area. Well, you would certainly be wrong; MGM CEO Jim Murren claims the brand new $100 million park and general public promenade task, which will go 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
Tends that the old days when gambling enterprises attempted to help keep you from knowing just what hour, day or year it was are over; Murren says that ‘tomorrow’s client doesn’t wish that limitation. They are more spontaneous.’ Okay.
Murren included that the likeness towards the NY park is notably metaphoric; ‘We’re not going to relax and play Frisbee on the Great Lawn, but I would describe it as a city park having a dramatic boulevard,’ he said.
Exactly 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 move up between the two MGM casinos. Between the two bits of construction, MGM will be using 10 acres to generate this ode to outdoor town life. Contributing to its inauthentic authenticity will be things like a replica Brooklyn Bridge (minus the gridlock rush hour Manhattan exodus traffic, of course), a beer garden (a thing that strikes us as more Berlin-y than New York-y), and different casual nyc eateries, because there’s nothing Las Vegas tourists prefer to do more than pay three times the rate that is going a Reuben sandwich. Construction is expected to be completed by belated 2014.
Now, if they really would like to fully capture nyc, they should go down to Fremont Street and import some homeless people and drug addicts and scatter them hither and yon. And they absolutely need some guys offering knock-off Chanel purses through the relative back of the truck.
Texas Gaming Reexamined; Trump Plaza Deal on Hold
Texas lawmakers whom for years have actually rejected measures aimed at legalizing slot machines and permitting full-scale casinos become built in the state for which poker’s most game that is famous named may finally have to budge, after a study by the Texas Association of Business (TAB) showed that expanding legalized Texas gaming in the Lone celebrity State could generate an extra $11.8 billion in revenues annually.
It’s all instead ironic in the state that probably hosts more high roller home games than royal vegas nz login you can shake a stick at. Or, possibly that’s the issue; they do not wish the competition. We hear a complete large amount of those games are pretty lucrative for the ‘hosts’.
Casinos Would be Allowed
In the event that bill that is new it through a Texas Senate committee hearing, it could enable for slot devices to be set up in 13 state racetracks, also 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’s not a done deal; many past gaming measures have been shot down.
But the TAB will not drop without a fight.
‘For a long time, Texas has propped up neighboring economies at the expense of our own; exporting jobs, revenue and investment as one of just 10 states that prohibits casino-style gaming,’ said Bill Hammond, TAB’s president. Hammond says his group’s study shows that building the six casinos could create 74,000 jobs, include $3.4 billion in income, 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 that has been planning 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 get a release of its mortgage that’s being held by its senior secured lender.
Meruelo Group is in negotiations to purchase Trump Plaza since February, and offered $20 million, which is bargain basement casino prices by any standards, with the promise to invest about another $100 million on much-needed improvements to the now-dated casino-hotel. The offer ended up being the latest to indicate how badly Atlantic City is doing into the gaming division; Resorts Atlantic City while the Trump Marina have also gone for next to nothing in recent years.
Contract’s Still On
Meruelo Group, which owns the Grand Sierra in Reno, Nevada, is not 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 is providing an option in their mind to acquire the Plaza later on into 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 only they understand), appears forward to becoming part of the (endlessly failing) Atlantic City casino community.
New Poker Flick ‘Runner Runner’ Timed for Pre-WSOP Final Table Release
You can’t just make a movie anymore; you need certainly to connect it in with some greater event to milk all the promotion you perhaps can from this. 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 film’s producers 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 having a cool $8 or $9 million.
An additional bonus, if most of the stars align, will be if Nevada’s online poker business happens to be kicked off at the same time.
Plot Overview
The film’s title, of course, relates to what happens if the last two community cards regarding the dining table in Texas Hold’em known as either the ‘turn and river’ or ‘fourth and streets that are fifth’ either make or break your hand, which type of sums up the glory and agony of poker in a single usually used player expression. Timberlake apparently plays a college brainiac who pays their Ivy League tuition by grinding online poker cash games on a Costa-Rican site, while Affleck, we gather, plays the ubiquitous Russian mobster whom owns stated site. Affleck looks about since much like any mobster that is russian’ve ever seen as Timberlake looks like a black man in the hood, but this will be Hollywood and hot guys with bankrollable names draw investors, so we won’t quibble with this particular minor detail excessively.
On the Set
Although it’s designed to happen in Costa Rica, Runner Runner was actually filmed in Puerto Rico, and makes generous and good usage of present online poker history, with references to Ebony Friday, recently indicted ‘poker princess’ Molly Bloom (whom ran a few of the high-stakes games of that your film’s producer, Leonardo DiCaprio, had been reportedly a frequent host, and at which Affleck was believed to be a frequent player). Within 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 just how Runner Runner plays utilizing the masses, now that Black Friday is mainly 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.
