Archive for the ‘Free Pokies’ Category

Melco Crown Calls Sheldon Adelson’s $10 Billion Bet on Japan, Hard Rock Scrambling for Partners

Tuesday, March 10th, 2020

Melco Crown Calls Sheldon Adelson’s $10 Billion Bet on Japan, Hard Rock Scrambling for Partners

Melco Crown Entertainment won’t be intimidated by Las Vegas Sands billionaire Sheldon Adelson’s comments this week that he’s ready to spend up to $10 billion on building a casino in Japan.

Melco Crown CEO Lawrence Ho says there’s no cap on how much his company is willing to spend on an integrated casino resort in Japan.

Hong Kong businessman Lawrence Ho, the billionaire son of Stanley Ho who held a gambling monopoly in Macau for 40 years, told reporters soon after hearing of Adelson’s pledge that his company is prepared to invest even more. During the same investor conference in Tokyo, Ho explained, ‘We’ll absolutely spend whatever we need to win.’

Japan legalized commercial casinos last fall, but hasn’t determined the specific regulations for the newly liberalized industry. The country’s parliament is working to decide how many gambling licenses will be issued, but the general consensus is that just two properties will be authorized.

In a press release unveiling Melco Crown’s integrated resort concepts for Japan, Ho added, ‘There currently is no predetermined cap on our intended investment. I prefer not to constrain our dreams… with price tags, particularly at this early stage.’

Melco Crown Entertainment was founded in 2004 through a partnership between Melco International Development and James Packer’s Australian Crown Resorts.

Between Rock and Hard Place

With Adelson, a man w (more…)

Macau Casinos Get Reprieve on Indoor Smoking Ban

Tuesday, March 10th, 2020

Macau Casinos Get Reprieve on Indoor Smoking Ban

The Macau government is easing its position on smoking inside casinos, and that’s much-welcomed news to resort operators who are desperately trying to stabilize revenues.

Smoking lounges will remain open inside casinos after the Macau government reversed its opinion on making the city a smoke-free territory.

The health bureau’s revision is a win for casinos, as patrons would have otherwise been forced to routinely exit the resort to smoke a cigarette or cigar. However, the agency is also suggesting to the legislature that while lounges should be permitted, special smoking exemptions for VIP rooms and tables should be annulled.

The city’s health bureau has been pushing a citywide indoor smoking ban dating back to July 2015. The effort was in response to the Macau Legislative Assembly passing a bill now seven years ago that set a goal of making the region a tobacco and smoke-free territory. In 2013, smoking inside casinos became restricted to designated lounges.

The office makes suggestions to the government’s legislative arm, and it hopes the chamber will introduce and pass a bill based on its latest recommendations this summer.

Macau’s Health Director Cheang Seng said the reason for his department’s policy change was in part due to a recent survey conducted by the University of Macau that found 55 percent of employees support retaining smoking lounges.

‘We cannot ignore this fact,’ Seng explained.

Lounge Modifications

Lounges inside (more…)

Atlanta Casino Drive Gains Powerful Lobbyist, Golden Nugget Owner Ready to Bet on Georgia

Tuesday, March 10th, 2020

Atlanta Casino Drive Gains Powerful Lobbyist, Golden Nugget Owner Ready to Bet on Georgia

Two identical Atlanta casino bills have actually been introduced to both chambers regarding the state’s General Assembly, and gambling organizations across the nation are readying for the fight that is legislative hiring high-profile lobbyists.

It’s tough to find fertile regions that are non-gaming the US, specially in major metropolises. An Atlanta casino bill seeks to create gambling that is land-based Georgia, much to your delight of billionaire Tilman Fertitta.

The absolute most name that is recent join the push for casinos in Georgia is former Mississippi Governor Haley Barbour. The Republican who served two terms leading The Magnolia State has filed lobbyist documents in Atlanta to represent the interests of Las Vegas-based Wynn Resorts.

Barbour joining the discussion is very important as a result of his long friendship with current Georgia Governor Nathan Deal (R). State lawmakers have been pressing to legalize gambling that is commercial Georgia for over a year in order to increase tax revenue.

Deal has opposed legislation that is such the past, but recently hinted he’d be open for a discussion should the casino legislation mandate that almost all the profits support training, plus the effect wouldn’t directly hurt hawaii’s lottery system.

Though Georgia doesn’t currently have land-based tribal or commercial gambling, nor pari-mutuel wagering, the Peach State sold $4.556 bill (more…)

Melco Crown Calls Sheldon Adelson’s $10 Billion Bet on Japan, Hard Rock Scrambling for Partners

Tuesday, March 10th, 2020

Melco Crown Calls Sheldon Adelson’s $10 Billion Bet on Japan, Hard Rock Scrambling for Partners

Melco Crown Entertainment won’t be intimidated by Las Vegas Sands billionaire Sheldon Adelson’s comments this week that he’s ready to spend up to $10 billion on building a casino in Japan.

Melco Crown CEO Lawrence Ho says there’s no cap on how much his company is willing to spend on an integrated casino resort in Japan.

Hong Kong businessman Lawrence Ho, the billionaire son of Stanley Ho who held a gambling monopoly in Macau for 40 years, told reporters soon after hearing of Adelson’s pledge that his company is prepared to invest even more. During the same investor conference in Tokyo, Ho explained, ‘We’ll absolutely spend whatever we need to win.’

Japan legalized commercial casinos last fall, but hasn’t determined the specific regulations for the newly liberalized industry. The country’s parliament is working to decide how many gambling licenses will be issued, but the general consensus is that just two properties will be authorized.

In a press release unveiling Melco Crown’s integrated resort concepts for Japan, Ho added, ‘There currently is no predetermined cap on our intended investment. I prefer not to constrain our dreams… with price tags, particularly at this early stage.’

Melco Crown Entertainment was founded in 2004 through a partnership between Melco International Development and James Packer’s Australian Crown Resorts.

Between Rock and Hard Place

With Adelson, a man w (more…)