Tag: Development

Cora Alpha plans to create $13.5bn IR in Extremadura

Cora Alpha, Extremadura, spain, development
Headed by former Disney executive John Cora, American developer Cora Alpha has announced plans for an integrated resort in the comarca of La Siberia in Badajoz province. Extremadura looks set to finally see the fruit of new legislation which opened the door for the creation of integrated resorts in the region, as a US-based company confirmed it aims to built...

Chinese firm looks to create $100m IR in Cagayan Economic Zone

DEVELOPMENT, Philippines,
Chinese conglomerate Shanghai Jucheng Supply Management Group is set to invest a $100m to develop an integrated resort and casino in the Cagayan Special Economic Zone and Freeport. Cagayan Economic Zone Authority (CEZA) administrator and CEO Raul Lambino said the Chinese group planned to create a project modelled on South Korea’s Jeju Island which would capitalise on north-eastern Luzon’s tourism...

GeWeTe see in quarter of a century as Balkan market booms

GeWeTe, Balkan, europe, development
Hailing the “overwhelming customer response over the past two years,” GeWeTe will return to the Balkan Entertainment & Gaming Expo this year, following a significant increase in Balkan market demand. From 21 to 22 November, the cash handling expert will display its extensive product portfolio, aimed at further solidifying its reputation in the growing customer base. “We have been receiving more...

UK Gambling Commission outlines public trust strategy

gambling-commission-uk
UK Gambling Commission chief executive, Neil McArthur, has asked operators across the UK's betting industry to work together and make Britain the safest and fairest gambling hub in the world. Speaking at the Raising Standards Conference at the International Conference Centre, Birmingham, McArthur said: “I want consumers in Britain to be able to enjoy the fairest and safest gambling in...

Canadian pharmaceutical company to invest in European casino resort

Canada, Easton Pharmaceuticals, investment, europe, development
Canadian firm Easton Pharmaceuticals has officially submitted a Letter of Intent to become part of a project to develop a hotel and casino resort in Europe. At present, the property’s future location and other specifics remain a mystery, although further details are expected to be revealed in the coming months once negotiations have been finalised. The operator's project will reportedly feature...

San Manuel looks to hotel to stay SoCal competitive

San Manuel
Ground has been broken on a new $550m (E470m) hotel expansion at the San Manuel Casino in Southern California - representing the latest in a wave of big-budget redevelopment efforts throughout the region. The new hotel is set to house 450 rooms across seventeen stories, and will also include a 3,000-seat entertainment venue, spa and pool complex, and a number...

Cyprus Casinos “C2” welcomes 175,000 visitors in first three months

ICR 193 EUROPE CYPRUS
Melco’s temporary casino in Cyprus is “exceeding expectations”, while the company is set to open three more satellite casinos before the end of the year. Melco International Development has revealed that Cyprus Casinos “C2”, its temporary casino in Limassol has attracted over 175,000 customers since the property opened its doors on 28 June. On 25-26 September, Cyprus Casinos hosted a series...

Star looks to Asian high-rollers with new Sydney hotel plans

Star Entertainment Group
Australian operator the Star Entertainment Group has submitted plans to government for the construction of a new, six-star luxury hotel at its Sydney property - in a move aimed at increasing VIP visitation to the country’s capital. Alongside its Hong-Kong partner the Chow Tai Fook Group, Star has set aside A$361m for the project (E222m), which would see the creation...

Shorelines Casino opening unknown

Ontario Government building
The opening date of the Shorelines Casino in Peterborough, Ontario, is reportedly still up in the air having been initially slated for late summer/early or autumn this year. Construction on the project started in September 2017 and although there is no concrete date for its inaugural opening, the company behind it is confident it will be ready within the original...

$370m Emerald Queen Casino set to open in late 2019

Emerald Queen Casino
In Washington state, the Puyallup Tribe presented an update on its $370m Emerald Queen Casino (EQC) project to the Tacoma City Council on 24 July, confirming that the venue is scheduled to open in December 2019. The 110,000 sq ft casino inside the 310,000 sq ft property, which will replace the tribe’s existing venue, will rival the size of other casinos...

You can build it, but will they come?

Atlantic City Hard Rock
Build it and they will come, so the serially mis-referenced adage goes, and with the positive opening of two new casino properties in Atlantic City it would seem to ring true down the east coast shoreline. High profile ribbon cuttings, oceanside musical events and quintessentially American fourth of July celebrations swelled visitor numbers to the town in recent weeks, but...

Melco’s temporary Cyprus casino receives 34,000 visitors in three weeks of opening

Melco
Melco International Development’s temporary Cyprus 13m gaming facility, Cyprus Casinos (C2), has seen attendance rise in the first three weeks since it opened, raising hopes following a slow start. Within its first three weeks of operation, over 34,000 visitors from 41 different countries visited the property, the first licensed casino in the Republic of Cyprus, while more than 6,000 visitors...

Five operators appeal Andorran licence tender

ICR 191 EUROPE ANDORRA
The operators have launched individual appeals to challenge the Andorran Gaming Control Board's decision to award Andorran firm Jocs SA the licence for the microstate’s first casino. Five of the operators which participated the tender for Andorra's first casino licence have launched an appeal against the outcome. Andorra-based Jocs SA won the tender to build and operate the principality's first casino,...

Brockton Fairgrounds casino decision put back by Massachusetts Gaming Commission

ICR WEBSITE MASSACHUSETTS
The Massachusetts Gaming Commission has postponed until September the reconsideration of its 2016 rejection of a $700m casino on Brockton Fairgrounds. The court was petitioned in June by Mass Gaming & Entertainment to reassess the ruling, however, the decision has been delayed pending the development of other Massachusetts sites. “Reconsideration of MG&E’s application is not just the right thing to do...

Hard Rock announces Irish hotel and hints at casino offering

ICR WEBSITE HARD ROCK
Hard Rock International has announced its intention to enter the Irish hotel market with a four star, 120 room venue in Dublin. The hospitality and casino-operator, owned by the Seminole Tribe of Florida, stated a partnership with local developer Tifco Limited will see construction completed in 2022. "It only seems right to open a Hard Rock Hotel in Dublin,” said head...

San Manuel Casino joins expansion drive across Southern California

ICR WEBSITE SAN MANUEL
San Manuel Casino has broken ground on a $550m expansion, adding a 450 room hotel , to the former San Bernardino County bingo hall. The ceremony, held on 26 July, also marks the start of construction on a 3,000 seat entertainment venue, pool complex, spa and restaurants. “San Manuel has always been a locals and regional casino and we don’t have...

Local council throws itself behind Puyallup casino development

ICR WEBSITE PUYALLUP
The Puyallup Tribe has announced its $370m Emerald Queen Casino will open in 2019. The venue, located alongside Las Vegas Interstate Five, will feature a 110,000 sq ft casino inside the 310,000 sq ft building. “Gaming will identify Tacoma when you drive down the freeway and see this building all lit up with the LED boards and being beautiful," said general...

Landing finally secures Pagcor approval for Manila IR

ICR WEBSITE LANDING
Landing International Development Corp has received Pagcor approval for its $1.5bn IR development in Manila’s Entertainment City. The provisional licence has been granted after the project’s lease agreement was suspended in late June, pending approval by the Philippines regulator and the National Economic Development Authority. The suspension arose after development partner, and state-owned developer, Nayong Pilipino Foundation was ordered to cease...

Unlucky for some – The 13 Hotel faces further delays

ICR WEBSITE THE 13 HOTEL
The Macau Government Tourism Office has stated that The 13 Hotel, developed by South Shore Holdings Ltd, formerly The 13 Holdings Ltd, is still awaiting an operating licence. The announcement follows re-inspection of the luxury Cotai-Coloane border property by the MGTO this month, after a June assessment flagged a range of “unfinished works.” “The Macao Government Tourism Office is currently awaiting...

Land-based casino industry engages with key topics for future development in Europe at annual forum in Monaco

Monaco
Promoting equal career opportunities and tackling money laundering were the key issues at the annual industry forum organised by the European Casino Association (ECA) and Monte-Carlo Société des Bains de Mer at the Casino de Monte-Carlo and Hôtel Hermitage…

Winner of Andorra casino announced

ICR 190 BUSINESS ANDORRA
Andorran firm Jocs SA has secured the licence for the microstate’s first casino, with the new venue scheduled to open its doors by the end of 2020. Andorra-based Jocs SA has emerged as the winner of the tender to build and operate the principality's first casino, which will be situated in the capital, Andorra la Vella. Launched in 1994, Jocs SA,...

Arica City Center to act as a ‘benchmark’ for Luckia

ICR 190 LATAM LUCKIA
Luckia’s president, Jose Gonzalez Fuentes, suggested that the company’s new property in Arica, could serve as a model for its future developments in Latin America. Spanish gaming firm Luckia has invested €82m in a casino resort project in Arica, Chile's northernmost city, which the company’s president suggests could serve as a benchmark for future investments. Arica City Center includes a 129-room...

Enjoy sets out investment plans for municipal properties

ICR 190 LATAM ENJOY
Chile-based Enjoy has informed its shareholders that it plans to invest as much as $116.7m over the next two to three years in the municipal casinos in Viña del Mar, Pucon, Coquimbo, and Puerto Varas. “We're very happy with this result, which allows us to consolidate our position as market leader in Chile and renew our commitment to each one...

Phu Quoc IR could be allowed to participate in locals gambling trial

Vietnamese flag
Vietnam has identified the first of two casinos that will be permitted to allow entry to local residents as part of a three-year trial. The Ministry of Planning and Investment has recommended that Vin Group’s Bai Dai integrated resort project on Phu Quoc island be allowed to participate in the pilot programme. In January 2017, the government drafted Decree 03/2017/ND-CP, regulating...

Government: Elliniko casino tender to launch by the end of August

ICR 190 EUROPE ELLINIKO
The bidding process for a casino licence at Elliniko, part of a multi-billion-euro integrated resort project at the site of the former Hellinikon airport near Athens, is set to launch by the end of August. According to a list of 35 pending privatisation actions issued by the Greek government, the Hellenic Gaming Commission will announce the tender by August 31....

Jocs SA receives approval for Andorra casino

ICR WEBSITE ANDORRA
Jocs SA has beaten Genting to Andorra’s first land-based casino, despite the local firm’s bid coming almost $150m under that of its multinational rival. Jocs SA will build and operate Andorra’s new casino following a bidding process which saw the disqualification of international operator Genting’s rival $164.6m bid. The successful $17.5m, four-storey, 4000 sq mt proposal from the local gambling information...

Marriott debuts first Western property in Accra

Accra Marriott International
Marriott international has thrown its considerable weight behind Accra as the premier leisure destination on the west coast of Africa with the opening of its first high end property in the region. Situated in the up and coming airport business district that is set to reap the rewards of growing internal tourism strategies and close to the central entertainment hubs...

Caesars to manage non-gaming luxury resort in Mexico

Ceasars Palace, Puerto Los Cabos
Caesars Entertainment has announced that it will operate a $200m beachfront hotel in Puerto Los Cabos, Mexico. The non-gaming property will feature 500 rooms and suites, a 40,000 sq ft convention centre, a spa, three fine-dining restaurants, and sports and entertainment amenities. “Bringing Caesars Palace to Puerto Los Cabos will represent further progress on our strategy to expand the company’s non-gaming...

Baha Mar drives tourism growth as Rosewood hotel opens

ICR 188 LATAM BAHAMAR
The launch of a Rosewood-branded hotel in late May has completed the $4.2bn Baha Mar integrated resort’s phased opening. The resort now operates a total of 2,300 rooms, suites and villas, in addition to the largest casino in the region and other amenities. The 237-room Rosewood Baha Mar is the third hotel to open at the resort, joining The Grand Hyatt...

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