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CASEARS REBRANDING THE QUAD
Caesars Entertainment’s is rebranding its Quad Resort in Las Vegas to transform it into the Linq Hotel & Casino
Nevada - New operations
US – GOLDEN NUGGET WINS ‘UNSHUFFLED’ CASE A Superior Court in New Jersey has ruled that the Golden Nugget in Atlantic City does not have to honour US$1.5m won by a group of baccarat players who realised the cards had not been shuffled. Judge James Isman instructed the casino it would be allowed to recover more than $500,000 it already paid them, ruling that the game of mini-baccarat played in April 2012 was illegal under state casino rules, due to the unshuffled cards.
Kansas City playing card manufacturer Gemaco, conceded in court that it had made an error in supplying unshuffled cards to the casino, however, a Golden Nugget lawyer said a confi- dentiality agreement prevented any further comment. Having realised the cards were being dealt in a specific pat- tern, the $1.5m in winnings was ‘won’ by 14 players over 41 straight hands. Many of the players were said to increase their bets from $10 a hand to $5,000. Nine players were able to cash out $558,900 in gaming chips but a further $977,800 had been owed. Following a preliminary court rul- ing two years ago Golden Nugget owner Tilman Fertitta had originally offered to pay the remainder of the disputed win- nings. However the players rejected the deal.
The Golden Nugget said: “We were 100 per cent vindicated by Judge Isman’s ruling. Remarkably, and despite this gener- ous proposal, the gamblers and their lawyers steadfastly refused, and selfishly wanted more damages than just the gambling winnings. Instead of walking away with over a $1.5m win, the gamblers must now return all of their gam- bling chips to the Golden Nugget. There are obvious lessons to be learned by all sides as a result of this incident. Unfortunately for the gamblers, it cost them over $1.5m.”
US – INTRALOT WINS GEORGIA LOTTERY CONTRACT The North American subsidiary of Intralot has signed a con- tract for a Central Monitoring and Accounting System and related products and services with the Georgia Lottery Corporation. Intralot will provide to the Georgia Lottery start- up services and operation of its iGEM Central Monitoring and Accounting System including the associated central site equipment, site controllers for the location venues, wide area communications that are needed to connect the site con- trollers to the central system, as well as reporting, training, staffing and other services as required by the contract.
The initial period of contract will commence on January 1, 2015 and run through December 31, 2022. The contract may be extended for three additional one-year extensions. In total, around 6,000 locations and over 26,000 amusement machines will be monitored through Intralot’s iGEM Central Monitoring System.
Debbie Alford, President and CEO of the Georgia Lottery Corporation, said: “ The system will assist the Georgia Lottery Corporation in meeting the requirements for the administra- tion and enforcement of laws related to coin operated amusement machines in Georgia.”
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Having rebranded Imperial palace on the Las Vegas Strip to the Quad Resort, Caesars Entertainment is now investing US$223m to transform it into the Linq Hotel & Casino. It will boast 2,256 brand-new urban and modern rooms and suites, a renovated entrance built around a lobby bar, all-new retail and spa amenities and a new pool deck.
The LINQ Hotel & Casino will be the premier por- tal to the LINQ promenade, which offers 12 restau- rants, eight bars, 14 retail shops and two concert venues and is anchored by the tallest observation wheel in the world, the High Roller, recently named by Travel & Leisure as the “World’s Coolest New Tourist Attraction.”
Tariq Shaukat, Executive Vice President and Chief Marketing Officer of Caesars Entertainment, said:
“With The LINQ, we pioneered the creation of a new type of space for the changing Las Vegas con- sumer. The LINQ Hotel & Casino will continue this revolutionary approach by offering a complete lifestyle experience at one of the best locations in Las Vegas. The resort will provide guests with a highly social and connected environment, with all the great restaurants, shops and experiences available at the LINQ promenade right at their fin- gertips.”
The LINQ Hotel & Casino will feature design details and elements with an eye towards social
interaction and catering to the “connected” con- sumer. The new resort will boast 2,256 rooms including 204 suites along with 29 cabana suites with private access to the all-new pool area.
The guest arrival experience will be centered around an automated check-in process, and a concierge touchscreen option for immediate bookings of favorite dining and entertainment offerings. At the heart of The LINQ Hotel & Casino, the all new lobby bar experience will feature a unique beverage program with wines on tap, and table games. High speed Wi-Fi will be available throughout the resort in all common areas, hotel rooms and on the gaming floor with guests able to stay connected seamlessly between The LINQ Hotel & Casino and the LINQ promenade.
“The LINQ Hotel & Casino will immerse guests into social lifestyle experiences through provocative yet approachable modern offerings,” said Bob Morse, President of Hospitality of Caesars Entertainment. “This new hotel is bold, graphic, social and digital with dynamic community spaces designed for the socially engaged traveler.”
Combined with the world’s largest observation wheel, the High Roller, and the Linq Promenade retail, dining and entertainment walkway, the Linq Hotel & Casino will welcome its first guests October 30.
Great Canadian casino renews licences in Halifax and Sydney
CANADA Great Canadian Gaming has exer- cised its renewal option with the Nova Scotia Provincial Lotteries and Casino Corporation to extend its operation of the casinos in Halifax and Sydney, Nova Scotia.
Under the terms of the contract option extension, the company will have a minimum of 10 years of term certainty as the casino oper- ator of the Nova Scotia casinos and has committed to make substan- tial capital investments totalling $10m in the casino properties in Nova Scotia by the end of 2015. The 10-year extension of the third AROC will be effective July 1, 2015.
Rod Baker, Great Canadian’s President and Chief Executive Officer, said: “We wish to thank the NSPLCC and its Board of Directors for their continued con- fidence in Great Canadian as the
operator for the two casinos in Nova Scotia. We are excited to continue our relationship with the NSPLCC and look forward to mak- ing exciting changes to the proper- ties that will enhance our guests’ entertainment experiences while meeting both the social and finan- cial objectives of the Government of Nova Scotia.”
Great Canadian has been the oper- ator of the two Nova Scotia casinos since 2005. The combined proper- ties feature dining options, show- rooms/ lounges, meeting facilities as well as an exciting selection of the latest casino table games and slot machines.
The company’s 17 gaming proper- ties in British Columbia, Ontario, Nova Scotia, and Washington State, consist of three community gaming centres, four racetracks, and 10 casinos.
US Optimal Payments is buying all of the partnership interests of California-based payment processing entity TK Global Partners, doing business as Meritus Payment Solutions, for US$210m. The payment will consist of $150m in cash and $60m of Optimal Payments shares. Optimal Payments has also entered into a definitive agreement to acquire the trade and assets of Global Merchant Advisors, a US based online payments company, for up to $15m in cash, $10m of which is payable on closing and the balance based on future performance of the business.
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