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

Intense Rock International does not like what it sees within the Trump that is former Taj in Atlantic City, that your company purchased in March for $50 million.

Complex 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 deal price selloff implied the intense Rock was acquiring a Boardwalk property for pennies on the dollar, as former casino developer turned US President Donald Trump built the resort for $1.2 billion in 1990.

But upon better assessment, rough Rock officials state it’s going to price a pretty penny to refresh the 2,010-room hotel and video gaming room, and rid it of a India-themed décor.

‘The amount of cash we’re going to have to invest 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 refers to are the spire and crowns that are onion-shaped ornaments found round the Trump Taj Mahal.

Hard Rock Ups Ante

Though the company owned by the Seminole Tribe in Florida got a premiere spot on the Atlantic City Boardwalk for a rock-bottom price, Hard Rock professionals state the initial budget of $350 million will not be nearly enough to trnsform the space into a proper tough Rock Hotel & Casino. Allen estimated that the project’ Continue reading

ESports Gambling Now Fully Recognized Under Nevada Law, Gov. Sandoval Signs Parimutuel Bill

ESports Gambling Now Fully Recognized Under Nevada Law, Gov. Sandoval Signs Parimutuel Bill

ESports wagering is finally getting the sort of recognition the rapidly emerging space maybe deserves. Over the weekend, Nevada Governor Brian Sandoval (R) made wagering on competitive gambling fully legal.

Nevada Governor Brian Sandoval has formally made eSports gambling a appropriate activity in their state.

By signing a bill that adds the tournaments to their state’s parimutuel code, Governor Sandoval solidified the legality of eSports gambling within the state of Nevada for the foreseeable future.

Senate Bill 240, authored by State Sen. Becky Harris (R-Clark County), amends Nevada’s legislation on parimutuel wagering to include ‘other events’ than just horse races, animal races, and athletic sporting events.

The legislation will allow Silver State sportsbooks to simply take odds on everything from eSports to whom will win Best Actor at the Oscars. It won’t, however, allow for gambling on politics.

SB 240 ended up being passed away unanimously by both the Nevada Assembly and Senate. Sandoval’s signature on the statute came as no surprise.

The Nevada Gaming Control Board, a three-member panel appointed by the governor, signed off on a suggestion through the state’s Gaming Policy Committee to allow books to take eSports wagers fall that is last. The Downtown Grand’s William Hill sportsbook immediately after became the location that is first just take eSports bets.

‘There’s a whole lo Continue reading

Soccer Generates Record £1.4 billion Revenues for UK Bookies

Soccer Generates Record £1.4 billion Revenues for UK Bookies

Soccer yielded a record £1.4 billion ($1.8 billion) in revenues for UK bookmakers in the year that is full October 2015 to September 2016, according to figures released this week by great britain Gambling Commission.

Premier League soccer player Joey Barton was recently sanctioned by the FA for gambling violations but he says the UK’s soccer governing body requirements to ‘look at a unique dependence’ on revenue from gambling companies.

That triggered all-time-high profits of £333.4 million ($432 million). The data comes once the sport and its regulating body into the UK, the FA, happens to be accused of experiencing too cozy a monetary relationship with betting companies, who provide it with multiple millions in sponsorship deals.

Meanwhile, there have recently been several high profile instances of soccer players succumbing to gambling addiction and the BBC has stated that gambling among players is widespread.

Many recently, Burnley midfielder Joey Barton admitted to bets that are placing 1,260 matches between 2006 and 2013, including at least five in which he was a player.

He was banned and fined from the game for 18 months, and later fired by Burnley. Pro soccer players are prohibited from placing bets on their sport that is own of whether they have been directly tangled up in the games or not.

Elephant into the Locker Room

Barton, an outspoken social media user, has admitted he is a gambling Continue reading