Michigan Island Resort and Casino Unveils $33 Million Expansion

Island Resort & Casino has completed a $33 million expansion of its hotel and steakhouse. Now he is working on a sports bar.

USA.- The Island Resort and Casino, located on the Upper Peninsula of Michigan, has completed a $33 million expansion on time and within budget. The project includes 128 new rooms and suites, an elite steakhouse and a water park.

New amenities were added to the property just three years after an $8 million investment in a new spa, the addition of a second golf course, the renovation of the Hannaville Bingo hall (the property originally opened as a community bingo hall more than three decades ago) and the main Entrance.

The Island Resort & Casino, owned and operated by the Hannahville Indian community, is currently in the process of developing the area next to the T. McC’s Sports Bar and creating a new betting shop, which is expected to be completed by early May.

General Manager Tony Mansilla said:

“Most casinos in Michigan and northern Wisconsin are getting smaller due to a number of factors, such as online games and lotteries. But we just keep growing. There is a demand for it, and we are satisfying it.”

Expansion plans were announced in January 2020, just a few months before the restrictions of Coved-19. Due to the pandemic, the resort was closed for six weeks. Island Resort & Casino was one of the first gaming establishments in the United States, reopening in May 2020.

Source: Focus Gaming News

Mohegan Reported That The Construction Of Inspire Korea Is Resuming

The American tribal casino operator Mohegan Gaming & Entertainment has announced that it has resumed construction of its South Korean integrated resort Inspire Korea after funding was completed at the end of last year.

As previously reported by Inside Asian Gaming, Mohegan confirmed the completion of financing in November with full aggregate financing of US$ 1.55 billion, including US$575 million in equity, a financial loan of 1.04 trillion won (US$890 million) raised through a three-Korean consortium — KB Securities, NH Investment & Securities and Hana Financial Investment — and 100 billion South Korean won (US$85.5 million) from the general contractor, Hanwha Engineering & amp; Construction Corp.

After the funding was completed, Inside Asian Gaming interviewed Bobby Soper, President of Mohegan Gaming and Entertainment International, in December 2021.

As part of the announcement of the overnight results for the three months to December 31, 2021, Mohegan said that Hanwha Engineering & Construction Corp had “remobilized and resumed construction work at the site,” including metal structures and construction of underground utilities, as well as infrastructure-related work such as utility networks and roads. to the website. There is also a purchase of large goods and goods with a long delivery time.

After receiving final funding in November, Mohegan said they hoped to open Inspire Korea in the first half of 2023.

It is planned that the development will include three hotel towers, an arena, a casino for foreigners only, restaurants, shops, conference halls and entertainment venues, a year-round indoor water dome and an outdoor family park.

It will be the second integrated resort opened in Incheon after Paradise City, which is a joint venture between Korean Paradise Co and Japanese gaming firm Sega Sammy Holdings.

During an overnight phone call with analysts, the company said that the resumption of construction “demonstrates MGE’s desire for growth and diversification.”

Mohegan, which operates seven casinos in the U.S. and Canada, reported a net loss of $11.7 million for the December quarter, compared with a loss of $26.6 million a year earlier. Net revenue increased by 74.2% to USD 402.0 million, and adjusted EBITDA increased by 140.8% to USD 97.4 million.

Source: Inside Asian Gaming

Ocean Casino Resort Appoints Bill Callahan As General Manager

Callahan joined Ocean in July 2020 as Senior Vice President of Hospitality, and was named Executive Vice President of Hospitality and Gaming in July 2021.

“Bill is a veteran of the gaming industry with 25 years of experience, who has done a great job since joining the Ocean team—” said Bruce Doll, president of OCRM, LLC.

He was an integral part of improving the quality of guest service at the hotel, helping to create the best hospitality team on the market. We are confident in Bill’s ability to lead Ocean forward as we become the premier venue for Atlantic City games.”

After its most successful year ever, Ocean Casino Resort recently announced an upcoming investment of over $75 million, including the long-awaited addition of over 460 rooms and suites. Last summer, Ocean announced $15 million worth of property improvements, including an updated casino floor with new high-limit experiences.

Source: The official website of The Ocean Casino Resort

Wrest Point Casino in Tasmania Refuses To Give In To Hackers Attacking Slot Machines

The Australian casino operator Federal Group was the victim of a cyberattack last year, as a result of which slot machines were disabled and cost millions in lost profits and restoration costs, according to details contained in its financial statements.

According to the Australian edition of ABC News, Federal Group, which owns the Wrest Point Casino in Tasmania in Hobart and the Country Club Tasmania Casino in Launceston, was subjected to a “major cyber attack that led to the encryption of a number of systems” and led to the shutdown of its gaming machines and hotel booking system for several weeks.

However, the company chose not to yield to the ransom demands and did not respond to the perpetrators.

In Federal Group’s 2020/21 statement, Executive CEO Daniel Hanna said:

“Federal Group has not estimated the cost of the cyberattack (including external specialists, internal resources and lost revenue), but estimates it at several million.”

He also described fiscal year 2020/21 as “Federal Group’s worst result in almost 20 years” due to site closures and capacity constraints caused by the COVID-19 pandemic. And this is despite the fact that the group announced revenue of 547 million Australian dollars (390 million US dollars) and profit after tax of 42 million Australian dollars (30 million US dollars).

In addition to operating casinos, the company also owns a number of hotels and other hospitality facilities and holds exclusive licenses for all slot machines in Tasmania. This monopoly will end in 2023, when a new law will come into force allowing owners of sites outside the Federal Group to directly buy or lease equipment.

In return, the Tasmanian government has agreed to reduce the tax that Federal Group pays on income from slot machines at Wrest Point and Country Club Tasmania.

Wrest Point Casino in Hobart, Tasmania, was the first legal casino opened in Australia. It opened its doors in 1973 after a Tasmanian-wide referendum in December 1968 voted to grant a casino license by a margin of 53% to 47%. This paved the way for the heyday of the casino industry in Australia, and to this day many high-ranking Australian casino executives began their careers at Wrest Point.

Source: Inside Asian Gaming

Wynn Resorts Prepares Development Plans Near Encore Boston Harbor

Encore Boston Harbor and its parent company Wynn Resorts will present their development plans to the Massachusetts Gambling Commission next week.

USA:

“Following the postponement of the January briefing to the Massachusetts Gambling Commission (MGC), Wynn Resorts is now ready to present its scaled-down land development plan near Boston’s Encore Harbor in Everett.”

According to Focus Gaming News, last month Joe Delaney, the head of the Gambling Commission’s public relations department, was ready to inform the commission members about the plan, which was to include an entertainment center with 1,800 seats, a restaurant with an area of about 20,000 square feet and a restaurant. garage for 2200 seats.

However, Wynn decided to suspend the permitting process in order to “do some reassessment” of whether the proposed development is the best use of the site.

Delaney said this week that Jacqui Cram, senior vice president and general counsel of Encore Boston Harbor, told him the casino company was now “ready to go.”

He said Cram indicated that Wynn had reduced the planned size of the entertainment venue to less than 1,000 seats.

The presentation will take place on February 10 . The field will also have a commission staff report and a question and answer period for commission members. Later in February, public hearings will allow community members to submit oral evidence about the development. The commission’s decision is expected in March.

Source: Focus Gaming News

Encore Boston Harbour Reopens Poker Room For The First Time Since Pandemic, But Reception Is Mixed

The facilities reopened on January 31, to great expectations. Poker fans from Massachusetts gathered for the first time since March 2020. However, they were soon met with long waiting lists, which arose not only because of the accumulated demand for two years, but also because the room offered only 12 tables, which is 60 less than before the pandemic.

“Due to the current state of our operations, we do not have real estate in our gaming hall to return poker to its pre-COVID capabilities,” Encore Boston Harbor employees told PokerNews in December.

Tournaments are also currently off the schedule, and it remains unclear if they will return in the near future.

In many cases, large lists meant that players did not participate in the game, especially given that the room closes at 8 p.m. But the second source of concern after the reopening was the high rake in cash games, which prompted players to express their dissatisfaction on social networks. The venue allegedly charges a 10% rake of up to $10 per hand, including low-limit games.

Among the poker enthusiasts who appreciated the venue with a high rake in cash games was Chase Bianchi, who took 9th place in the main event of the World Series of Poker 2021 with a prize of $ 1 million.

“I will not play 5/10 or lower on Encore Boston Harbour with their absurd 10% to $10 rake,” he wrote on Twitter. “Operation Nuclear Poker has begun! Guys, you have executed the plan perfectly!”

Encore Boston Harbour Poker Room is located in The Loft and is open from Monday to Thursday from 10:00 to 20:00. According to its website, it is open with 12 tables, free drinks during the game, a Bad Beat jackpot (up to 2-5 unlimited dollars), promotions (up to 2-5 unlimited dollars), 18 55-inch TVs and 6 large-screen TVs. and remote registration in Poker Atlas for various games.

Before the opening, the card room had already announced that it would return with a limited number of tables, which caused protests from local residents. At the time, the casino explained that problems with the “staff level” were also the reason the room was only open for a week at that time.

The prolonged closure of poker in 2021 led to a number of complaints from the Massachusetts Gambling Commission last year, as neither Encore nor the MGM Springfield Casino – the only two in the state offering the game -resumed it in May after reopening. Poker returned to MGM last October, and now Encore has followed suit, although it has caused a mixed reaction.

Source: Yogonet

Little Creek Casino in Washington Opens a Sports Betting Room with IGT Technology

The Little Creek Casino Resort in Shelton has announced that it will offer sports betting in its new lounge, which opened on Tuesday, February 1. In partnership with International Game Technology (IGT) and its PlaySports Technology platform, the Little Creek Sports Book has been opened at the main casino. floor.

The new space has eight betting kiosks, 30 luxury seating, eight 82-inch video screens and a 20-by-10-foot LED video wall.

The bookmaker, owned and operated by the Squaxin Island Tribe, is located 15 minutes’ drive from Olympia and is one of the first tribal casinos in Washington State to offer sports betting. Located an hour’s drive from Seattle and Tacoma, it is home to Salish Cliffs Golf Club, Seven Inlets Spa and Skookum Creek Event Center.

Sports betting became legal exclusively at the casinos of 16 tribes in September 2021. However, the situation may change, as a new federal lawsuit is aimed at opening the game with sports betting for non-tribal gaming facilities. In January, Maverick Gaming filed a lawsuit against Washington State officials, accusing them of illegally granting Indian casinos a “discriminatory tribal gaming monopoly” on sports betting and other types of gambling.

Source: Yogonet

Luxor Las Vegas Received High Marks on Tripadvisor

The object is the most popular housing in the 22-year history of the site.

At the Luxor Hotel and Casino in Las Vegas, Nevada, travelers talk and post messages.

According to the travel recommendation platform Tripadvisor, the Strip Hotel has become the most popular accommodation in history: more than 48,000 reviews.

On Tuesday, Tripadvisor noted that in January it reached the milestone of 1 billion reviews and opinions.

Tripadvisor was founded 22 years ago by current president and CEO Stephen Kaufer, Langley Steinert, Nick Shanni and Tom Palka. The company said that this milestone came after announcing that it had gained half a billion reviews and opinions in 2017.

Official description of the object on the website:

“The pyramid at the Luxor resort in Las Vegas with its beam of light provides an amazing sight even on the frankly glamorous Las Vegas Strip. One of the most recognizable buildings in Las Vegas, the 30-storey pyramid – an architectural marvel – arouses curiosity, and the interior rewards visitors with equal excitement, mystery and intrigue.”

Luxor has received 48,268 reviews on Tripadvisor with an average rating of 3.5 stars out of 5, which the site describes as “Very good”. This hotel is ranked 158th out of 290 hotels in Las Vegas. Users rate it 4 out of 5 stars for location, cleanliness and service, but 3.5 out of 5 for “value”.

In most reviews, Luxor is rated as 5 stars (“Excellent”) or 4 stars (“Very good”): 14,277 and 14,333, respectively. About 9,847 users rated it 3 stars (“Average”), then 4,997 users rated it 2 stars (“Bad”) and 4,830 users rated it one star (“Terrible”).

The best review as of Tuesday morning was written by a visitor from Sacramento, California, who gave Luxor 5 stars overall with the comment:

“The view was so good that the registration wasn’t cool, the mobile app was over, everything was pretty good. well spent money, we parked everywhere, it was good, so we didn’t drive for hours, Luxor was a great choice.”

The second 5-star review titled “Escape from the Pyramid” contained a long treatise that said:

“The room was CLEAN, spacious and with a modern decor. There was no refrigerator or microwave oven, they are only in the suites. I wish I knew that in advance, but always be prepared. The reception staff was VERY nice. Ask Cleo! She offered excellent restaurant options, 3 in the order of the price range.”

Two 5-star cars were followed by a pair of clunkers with 1 star. The first one said:

“Everything in the room was broken. Nothing seemed to be working properly. We waited 5 hours for the TV to be fixed. The air conditioner/heater was broken, so we had a very cold weekend. The number is very outdated. There were extension cords in the room, which I had never seen before, even in Circus Circus. Wow.”

The business traveler said in his 1-star review:

“Staying in Luxor, I was honestly upset, I had to score it. We got to our room and there was someone’s clothes, there were also stains all over the pillow, we asked them to do something and it took them a while, I called the front desk and they just called to check that they would come change the sheets.”

Source: Gaming America

The German State of Schleswig-Holstein Will Issue Five Licenses for Online Board Games

The Legislative Assembly of Schleswig-Holstein has approved a law confirming the availability of five licenses for online board games and a tax rate of up to 44% of gross gaming revenue.

Germany. – The Legislative Assembly of the land, or Landtag, in Schleswig-Holstein adopted a law implementing the Fourth Interstate Agreement of Germany on gambling.

Federal legislation that came into force in July introduced a nationally regulated gambling and sports betting market, but allowed each state to choose between two models for regulating online table games.

States can choose between granting a monopoly on online table games, usually owned by a state lottery, or issuing the same number of licenses as the number of land-based casinos in the state. Schleswig-Holstein, Germany’s northernmost land, chose the latter. It has five land-based casinos and will therefore allow five licenses for online table games.

One of the five licenses will be transferred to the state bank Spielbank Schleswig-Holstein, so only four remain available. Christian Democratic Union parliamentary secretary Hans-Jorn Arp said they would be released in accordance with “respected and strict criteria.”

The tax rate established in the new state legislation assumes that income from online board games in the amount of up to 300,000 euros per month will be taxed at a rate of 34%. Income from 300,000 to 750,000 euros will be taxed at a rate of 39 percent, and income over 750,000 euros will be taxed at a rate of 44 percent.

Arp said:

“It was important for us to prevent the creation of a new Las Vegas and to control exactly who is playing what and how data and money flow.”

He also called on the German lands to support the new federal regulatory authority, which was established in Saxony-Anhalt, but has not yet issued any licenses.

Source: official website of Focus Gaming News

Bally Is Exploring a Rebranding for Tropicana Casino

The iconic Tropicana resort in Las Vegas could undergo big changes under the leadership of Bally, which is set to complete its acquisition this year. Chairman of the casino operator  Suhyeon Kim, whose investment company last week made an offer to buy the remaining shares of Bally’s, said that the company is open to exploring a number of options, including the demolition of the institution, KSNV reports.

Bally’s Corporation first entered into a $308 million real estate purchase deal in April last year, the deal is expected to close sometime this year. Whatever happens to the building, the chairman of Bally’s said that the building will most likely be rethought and renamed “Bally’s”.

Kim told the Las Vegas Review-Journal that the company would “almost certainly” rename the property and also probably try to redevelop it. The chairman acknowledged that the management has not yet decided what it will do, but will consider “everything”, from repairs to “demolish it and start all over again.”

“We are open to anything,” Kim said, according to the quoted source, saying that demolishing the casino hotel and building something from scratch could be one way to “maximize value.” “We have big plans that we are working on,” he added.

The possible name change to Tropicana follows Caesars Entertainment’s decision to rename its Bally’s resort on the Strip to the Horseshoe brand, which was announced last week as part of a major transformation of the venue. According to Kim, the rebranding will free up the Bally’s brand in Las Vegas, which means that Bally’s Corp. will be able to use it.

Bally’s Corporation, formerly known as Twin River Worldwide Holdings, until the casino operator acquired the Bally’s trademark from Caesars, first announced the acquisition of the iconic Tropicana institution for about $308 million in April last year. He acquired it from Leisure Properties, Inc., a publicly traded real estate investment fund focused on gaming.

The completion of the purchase and new plans for the venue will also be part of Bally’s national ambitions.

“It’s hard to be a national gaming company without a presence in Las Vegas,” Kim said, according to the Review-Journal.

The Tropicana Las Vegas Hotel and Casino is located on the Strip, on a 35-acre lot at the corner of Tropicana Boulevard and Las Vegas Boulevard. It has 1,470 rooms, a 50,000 square foot casino with 1,000 gaming seats, a 1,200-seat theater, and 100,000 square feet of conference and conference rooms.

The new plans submitted by Bally’s and Caesars for their respective facilities mark a period of change, including rebranding and transformation, at some of the most iconic Las Vegas Strip casinos.

The two giants are joined by Hard Rock International, which acquired The Mirage Hotel & Casino in a $1.1 billion cash deal with MGM Resorts International. The famous volcano that spews fire will be replaced when a Seminole tribe from Florida takes over, which intends to build a massive guitar-shaped hotel.

Last week, shares of Bally’s Corp. They jumped more than 20% after the hedge fund Standard General LP, the largest shareholder in the business, submitted an offer to buy the remaining shares it does not yet own at $38 per share. The deal values the company at about $2.07 billion.

Bally chairman Su Kim, founder and managing partner of Standard General, said his buyout offer had nothing to do with Bally’s desire to close the acquisition of Tropicana. The private equity firm intends to finance the transaction “through a sale with a leaseback” and other long-term financing mechanisms.

Source: official website of YogoNet