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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

Complex Rock International doesn’t like what it sees inside the Trump that is former Taj in Atlantic City, which the company purchased in March for $50 million.

Tricky 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 intended the intense Rock was acquiring a Boardwalk home for pennies on the buck, as former casino developer turned US President Donald Trump built the resort for $1.2 billion in 1990.

But upon closer inspection, tricky Rock officials say it’s planning to cost a pretty penny to refresh the 2,010-room hotel and video gaming space, and rid it of an India-themed décor.

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

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

Hard Rock Ups Ante

Although the company owned by the Seminole Tribe in Florida got a spot that is premiere the Atlantic City Boardwalk for a rock-bottom cost, Hard Rock professionals say the initial budget of $350 million will not be nearly enough to trnsform the area into a proper Hard Rock Hotel & Casino. Allen estimated that the project’s price sh […]

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Galaxy Macau Expansion Devoted Nearly Entirely to Non-Gaming

Galaxy Macau Expansion Devoted Nearly Entirely to Non-Gaming

Galaxy Macau is readying to commence construction on the resort’s third and 4th phases, however the multibillion-dollar expansion won’t add much square footage in regards to gaming room.

Billionaire Lui Che Woo says the following two expansions at Galaxy Macau will focus on the non-gaming guest.

In its 2016 yearly report, which had been filed just last week, Galaxy Entertainment reveals some of the blueprints for its five-star flagship resort on the basis of the Cotai Strip. The company that is hong-Kong-based to commence construction on stage three in the belated first quarter or very early second quarter of 2017.

Citing Macau’s ‘Tourism Industry Plan,’ which aims to help make the gambling city less reliant on gaming revenue in favor regarding the mass market, Galaxy states its additions will be used for entertainment and activities that are recreational.

‘Galaxy Entertainment continues to move forward with Phases 3 and 4 . . . with practically all floor areas assigned to non-gaming and MICE that is primarily targeting, incentives, conferences, and exhibitions),’ Galaxy Chairman Lui Che Woo said in the report.

Mass Appeal

Galaxy Macau started in May of 2011 at a price of HK$16.5 billion ($2.1 billion). The resort at the time featured over 2,200 rooms across three hotels.

From the beginning, Galaxy Macau has been more focused on a wider demographic of guests compared to other companies committed to the spot. If […]

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Maryland Live Back on Top After Taking Wind Out of MGM Nationwide Harbor’s Sails

Maryland Live Back on Top After Taking Wind Out of MGM Nationwide Harbor’s Sails

Maryland Live is once again the top casino in their state after the Arundel Mills resort generated more gaming revenue during the month of February than its new rival MGM nationwide Harbor.

Maryland Live, billed as the family friendly casino compared to MGM nationwide Harbor, saw the gambling money that is most come through its doors during February.

Collectively, the state’s six gambling enterprises pulled in $128.7 million in gross gaming win, Maryland’s second-best all-time performance. The record mark arrived in December after the grand opening of National Harbor led up to a victory of $133.5 million.

Maryland Live’s revenue totaled $46.29 million month that is last narrowly edging MGM’s property that sits simply outside Washington, DC, at $45.77 million. The two casinos represented the lion’s share of gaming income, with Horseshoe Baltimore coming in a distant third with $22 million.

Three smaller gambling that is regional, Hollywood Casino Perryville, Rocky Gap Casino Resort, and the Casino at Ocean Downs, posted a combined $14.6 million.

The Cordish Companies, the parent organization of Live that is headquartered in Maryland, credited its ‘family approach’ for the home retaking the spot that is top. In a statement the group additionally says being locally owned permits it to provide a better experience to customers, in what’s undoubtedly a slight jab at MGM.

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