Hard Rock to Roll Dice on Trump Taj Mahal, Upping Renovation Budget to $500 Million

Hard Rock to Roll Dice on Trump Taj Mahal, Upping Renovation Budget to $500 Million

Rough Rock International doesn’t like what it sees in the previous Trump Taj Mahal in Atlantic City, which the company purchased in March for $50 million.

Hard Rock Chairman Jim Allen, A trump that is former entertainment employee, is now tasked with renovating his previous boss’s grand vision in Atlantic City.

Billionaire Carl Icahn’s discount price selloff suggested the tricky Rock was acquiring a Boardwalk property for cents on the dollar, as former casino developer turned US President Donald Trump built the resort for $1.2 billion in 1990.

But upon closer examination, rough Rock officials say it is likely to price a pretty penny to refresh the 2,010-room resort and gaming area, and rid it of an India-themed décor.

‘The amount of cash we’re going to have to spend to remove all those minarets and all that purple, Jesus! Exactly What were we thinking?’ Hard Rock Chairman Jim Allen told the Associated Press this week.

The minarets Allen relates to would be the spire and crowns that are onion-shaped ornaments found across the Trump Taj Mahal.

Hard Rock Ups Ante

Though the company owned by the Seminole Tribe in Florida got a spot that is premiere the Atlantic City Boardwalk for a rock-bottom price, Hard Rock professionals say the initial budget of $350 million will not be nearly enough to trnsform the room into a proper rough Rock Hotel & Casino. Allen estimated that the project’s Continue reading “Hard Rock to Roll Dice on Trump Taj Mahal, Upping Renovation Budget to $500 Million”

Negotiators from both chambers met Wednesday to try to thrash a compromise out on their diametrically opposed positions before the May 5 deadline.



Tribe Takes on Texas in Bingo Parlor Fight

Negotiators from both chambers met Wednesday to try to thrash a compromise out on their diametrically opposed positions before the May 5 deadline. Both bills seek to bring an end to protracted compact negotiations between the state and the Seminole tribe, which owns the Hard Rock Resort brand and operates seven casinos in Florida.

Your house has proposed offering the tribe nothing new in exchange for payments to the state totaling $3 billion over the next seven years. The Senate bill is a wide-ranging gambling expansion package that would charge the Seminoles equivalent charge on the same timeline but for the straight to offer craps and roulette, along with the blackjack games permitted under the terms regarding the compact that is previous.

Meanwhile, the right to offer blackjack would expand to parimutuel venues, while slots would be permitted in a few states.

Huge House Compromise

Nonetheless it seems that the House was the first to ever blink on Wednesday, establishing forth several compromise proposals, including one which would allow one new casino in Miami-Dade and grant the Seminoles additional exclusivity on craps and roulette at their seven existing casinos..

Also in the table was a proposal that allows a cut into the slot machine tax for Seminoles and pari-mutuels if they, in turn, agree to cut the number of slots.

They are some pretty big concessions, given that your house originally demanded no gambling expa Continue reading “Negotiators from both chambers met Wednesday to try to thrash a compromise out on their diametrically opposed positions before the May 5 deadline.”

Chinese Ping Pong Legend Suspended Over Gambling Debts with Sands Casino in Singapore

Chinese Ping Pong Legend Suspended Over Gambling Debts with Sands Casino in Singapore

Certainly one of the maximum players within the reputation for table tennis found himself in the worldwide spotlight this week, not for their accomplishments in dining table tennis, but rather for his apparent failures at the tables in a casino.

Kong Linghui ended up being just like the Michael Jordan of ping pong, a likeness even to the position in gambling troubles that he allegedly got himself.

Kong Linghui, advisor of the women that are chinese table tennis team, was summoned on Monday to return to China simply as the 2017 World Table Tennis Championships had been getting underway in Germany. He has been suspended from the united group in the wake of the scandal over gambling debts.

Kong, a 41-year-old champion that is former one of the best players in the real history of the game, was named in a lawsuit filed in Hong Kong that alleged he stiffed the Marina Bay Sands Hotel and Casino in 2015 on almost $720,000 in markers.

Alleged Debts and Gambling Regrets

On Tuesday, Kong posted on Weibo, a popular Chinese social networking website, to explain that the debts weren’t his. He said he visited the casino in Lion City, Singapore, with friends and family, and utilized his credit line so they could play while he ‘sat and observed.’

‘It is only until today after news reports have exposed the incident that I have discovered some one had kept some debt unsettled utilizing the casino,’ he said in Continue reading “Chinese Ping Pong Legend Suspended Over Gambling Debts with Sands Casino in Singapore”