ï»¿Genting Cruise Line Makes Maiden Voyage to Japan’s Okinawa
Genting Dream Cruises has made its maiden voyage to Okinawa. The ship owned by the Malaysian gaming conglomerate first set sail last November, but this week it harbored in Japan for the first time.
Genting Dream Cruises President Thatcher Brown, left, and Naha tourism official Takao Kadekaru, celebrated the cruise liner’s inaugural trip to Japan this week.
One of the largest gaming organizations in the world, the Malaysia-based Genting Group owns and operates casino resorts in its house country, also in the us, uk, Singapore, China, Philippines, Caribbean, and South Korea. It owns dozens of land-based gaming properties, but Genting’s latest investment is on the high seas.
Dream Cruises has ports in the Chinese urban centers of Guangzhou and Hong Kong, and travels to a variety of Pacific Ocean destinations Malaysia that is including, and Indonesia. This it added Japan by way of Naha, the capital city of Okinawa week.
Genting says the ship features all the comforts of authentic Asian hospitality. The Genting Dream is a non-gaming vessel though the company is known for gambling.
In addition to Dream Cruises, Genting also owns Star Cruises, the third largest cruise line in the planet behind only Carnival and Royal Caribbean.
Japan Casino Odds
In December, Japan’s nationwide Diet passed legislation to authorize two land-based integrated resorts, a monumental development for the country who has very long opposed commercial gambling. During the bequest of Japanese Prime Minister Shinzo Abe to really make the Asian nation more tourism friendly, the legislature consented to allow gambling to come onto its shores.
Casino companies around the world straight away began focusing on their proposals. Seen while the holy grail of untapped gambling markets, MGM, Las vegas, nevada Sands, Galaxy Entertainment, Melco Crown Entertainment (formerly Melco Crown), as well as others are expected to make multibillion-dollar pitches to get certainly one of the coveted casino licenses.
The conglomerates are searching for local partners and hyping their mammoth investments in hopes of luring Japan regulators for their side. But Genting Group might have the scheme that is best running.
With gaming properties established on three continents, and fully operational cruiselines that can transport site visitors from various Asian countries to Japan, Genting’s pitch might be too sweet to resist.
The Diet is currently in the process of choosing the legal framework that is regulatory gambling and determining where the venues might be allowed. Along with Osaka and Tokyo, Okinawa is thought to be a likely integrated resort destination.
Genting isn’t the only entity getting into the water and cruising the Pacific Ocean. Last month, the North Korean federal government announced it absolutely was looking for foreign investors to come aboard in developing a cruise line that will bring passengers to Mount Kumgang, one area of the heavily restricted country where tourists can occasionally enter.
The Kumgang Special International Tourism Zone is looking for a $20 million partner to build a ship that will ‘be equipped with different facilities to allow 1,000 travelers to do cultural and travel that is safe the ocean,’ the Korean federal government explained in poor English. So far, no takers.
UK Bookie Pays Out on Red Rum Bet 43 Years Late
A 1974 bet on the legendary racehorse that is british Rum to win that year’s Grand National was paid out 43 years after the race have been won this week.
Red Rum, who won the 1973 Grand National after coming back from 30 lengths behind. No wonder Bob Holmes’ late father-in-law backed him the year that is following. (Image: Liverpool Echo)
Bob Holmes, a retiree that is 74-year-old found the winning betting slip among the possessions of his late dad in law and contacted bookmaker William Hill, which confirmed the bet had never been cashed. William Hill not only honored the wager but also adjusted it for inflation for a pay-out of £130 (£160).
Sensing a PR op, the company also offered Holmes another £130 to bet on this year’s Grand National, approaching this Sunday, plus another £130 to donate to the charity of his choice.
Latest Cash-out Ever
‘My sister-in-law ended up being house that is moving we were helping her to see just what could be thrown out, therefore I was looking through an entire heap of old papers, tax returns, bank statements an such like,’ explained Holmes towards the Daily Telegraph. ‘we found a scruffy bit of paper that turned out to be a slip that is betting had been placed but never cashed. When I seemed more closely it absolutely was for Red Rum within the 1974 Grand National.
‘It is really a mystery [why he never cashed out]. My father-in-law probably lost the slip that is betting was not in a position to cash it. It was very rare for him to bet. He was not a man that is betting maybe a few of times a year on the National or the Derby.’
Certainly one of the Greatest
Not only is this considered to be accurate documentation for the cash-out that is latest ever, but it also supplies a little nugget of betting memorabilia. Red Rum is considered to function as British’s greatest ever steeplechaser
The Grand National, meanwhile, was described as ‘the ultimate test of the horse’s courage,’ a handicap steeplechase over four kilometers, with 30 fences to jump. Red Rum won the race an unparalleled three times, including the of course, that Holmes’ father-in-law placed his bet year.
In the last year’s race, in 1973, the thoroughbred came from 30 lengths behind to win the race, and ended up being transformed into an equine national celebrity. His 3rd victory, in 1977, ended up being voted by Britons in 2002 as ‘the 24th best sporting moment of all time.’
‘It is a record,’ said Graham Sharpe, spokesman for William Hill associated with 42 year-old slip that is betting. ‘I’ve worked at William Hill for 45 years and the record before was seven years, for a lady whose husband had passed away and she had not felt able to go through their clothes until then, and had found a slip that is betting.
Maryland Casinos Profit Record Monthly Total, MGM National Harbor Back on Top
Maryland gambling enterprises generated $141.2 million in revenue during March, hawaii’s best performance that is monthly gambling was legalized back in 2008.
Business is proficient at MGM National Harbor, but maybe not all of the Maryland casinos are celebrating March’s record haul. (Image: Getty Images)
MGM National Harbor, the newest casino in Maryland, was the top earner with $51.2 million. The $1.4 billion resort across the Potomac River from Washington, DC, opened in December to much fanfare. The megaresort has retaken the stronghold position after losing its place as the top dog in February to Maryland Live.
Maryland Live in Arundel Mills near the Baltimore Washington Overseas (BWI) Airport dropped to second with $46.6 myfreepokies.com million in winnings. Horseshoe Baltimore, the downtown Caesars property, put a distant 3rd with nearly $27 million.
Hawaii’s three remaining casinos are smaller, regional gambling venues. Combined, Hollywood Casino Perryville, Rocky Gap Casino Resort, while the Casino at Ocean Downs netted about $16.4 million.
Maryland Goes to MGM
In 2012, voters approved a referendum to include a sixth commercial casino that is land-based to join the prior law’s authorization of five gambling establishments. Experts towards the approval five years ago voiced issues that a resort that is massive poach from existing casinos.
March’s $141.2 million total represents a year-over-year increase of a lot more than 44 percent in comparison to the month that is same 2015.
‘There were a whole lot of naysayers that stated all MGM nationwide Harbor would do is cannibalize existing revenues,’ gaming consultant and Harford Community College professor James Karmel told The Baltimore Sun. ‘This is really positive.’
But when MGM’s March revenue is subtracted, Maryland’s five gambling enterprises actually saw gaming income decrease eight percent. Maryland Live saw its revenue drop by 14.6 percent, and Horseshoe Baltimore destroyed 2.4 percent. Combined, the two properties lost over $8.6 million.
While MGM and its supporters will discover the bright side in that Maryland’s total gaming revenue grew by $43.3 million, those who’re paying the cost, particularly Maryland Live, won’t be sharing in the excitement.
Staying Ahead of the Game
Having its new competition from MGM roughly 35 kilometers south, Maryland Live is investing heavily in its property to higher position its marketability. Locally owned by the Cordish Company, a private genuine estate developer situated in Baltimore, the casino announced in 2016 so it would be spending $200 million to make a 17-story Live Hotel tower with 310 guestrooms.
For comparison, and also to highlight the bitter turf war, MGM National Harbor has 308 rooms.
Construction on the tower has begun, and to focus on overnight visitors for the time being, Maryland Live bought a nearby Hilton Garden Inn and Homewood rooms last fall. The resort has since been rebranded as the Live Lofts, and offers free shuttle service to and from the casino.
Maryland Live is catering to the more blue collar crowd. An area tonight is booking for $130 at Live Lofts, while National Harbor comes out at rates that ranged everywhere from $399 to $529.
Connecticut Tribes up Ante for Third Casino by providing State More Tax income
The 2 Connecticut tribes that try to jointly build a satellite casino in East Windsor are sweetening their proposal to their state by providing up additional tax money produced through the wished-for slots.
Mohegan Tribe Chairman Kevin Brown (left) and Mashantucket Pequot Chairman Rodney Butler are ready to guarantee payments to the continuing state should the Connecticut tribes be allowed to create a casino in East Windsor. (Image: MMCT)
The Mashantucket Pequot and Mohegan tribal nations, operating under the partnership that is commercial MMCT, are petitioning lawmakers in order for them to place a third gambling venue in the north-central area of the state just south of the Massachusetts border. The native American groups are justly concerned with losing gambling money to the megaresort with the $950 million MGM Springfield set to open next year.
Connecticut’s General Assembly must soon decide whether to authorize the East Windsor site.
To entice votes, MMCT announced this week they are ready to guarantee that revenue checks from their two casinos that are current Foxwoods and Mohegan Sun, will stay being delivered to the state. As one more incentive, the tribes said they will be willing to share 25 percent of the East Windsor slot money aswell.
‘I do not understand it doesn’t hurt,’ Connecticut House Speaker Joe Aresimowicz (D-Berlin) told reporters if it changes the overall possibility of the bill becoming law, but. ‘I think it’s still a 50-50 proposition.’
Millions at Stake
Connecticut’s video gaming compact with the tribes mandates that 25 % of their gross slots revenue is paid to the state. That equates to more than a quarter of a billion bucks each year, a crucial budget funding supply that is in partial jeopardy of being lost, the tribes contend.
Connecticut’s General Assembly and its State Senate Public Safety and safety Committee are tasked with signing off on the East Windsor casino because the place would not be built on sovereign land that is tribal. While enabling the tribes to add another casino to take on Massachusetts’ gambling expansion in order to keep money in the Constitution State appears like a no-brainer, there are serious potential legal effects.
The main concern is that by authorizing a third casino, despite being presented by the tribes on their own, the state would essentially be terminating a decades-old agreement with the Native American groups.
The two tribes have exclusivity to operate casinos on their sovereign lands under the longstanding compact. The contract states that will Connecticut free the market or authorize off-sovereign land gaming, the tribes would no longer be legitimately needed to generally share 25 percent of the slot revenue with Hartford.
Asked by Governor Dannell Malloy (D) to prepare a formal opinion on the matter, state Attorney General George Jepsen stated last thirty days that the satellite casino raises a number of concerns, providing more unease for lawmakers.
‘The dangers . . . while impractical to quantify with precision, are not insubstantial and can’t be mitigated with confidence,’ Jepsen opined.
MGM, which hopes the Connecticut General Assembly votes no on the satellite casino in East Windsor, argues if the state really wants to expand gambling to off-sovereign lands, it will enable public bidding.
East Windsor is 13 miles south of Springfield. The Nevada-based gaming bigwig says Connecticut would basically be discriminating against outside businesses in just permitting MMCT to win a gaming casino license that is non-tribal.