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JAMAICA: CELEBRATION & HARMONY
The first two casino resorts have been confirmed by Jamaica’s Finance Minister, with Celebration and Harmony green lit Jamaica - New Projects
Jamaica’s Finance Minister Dr Peter Phillips has now confirmed that Harmony Cove Limited and Celebration Jamaica Development Limited will be the country’s first two casino resorts.
The ‘provisional development orders’ allow the companies to now start construction of the first 1,000 rooms under the first phase of an eventual 2,000-room hotel before they can apply to the Casino Gaming Commission for a casino licence. This is likely to happen in mid-2016.
US – CAESARS COMPLETES THE LINQ’S RENOVATION The LINQ Hotel & Casino, Las Vegas’ newest resort, has now completed its full resort renovation. Designed with the mil- lennial traveler in mind, the resort offers 2,253 newly reno- vated guest rooms, the result of a close partnership between Caesars Entertainment Corporation and Elkus Manfredi Architects, including 244 suites, two unique urban loft-style penthouses and 25 poolside cabana guest
rooms.Guests are also offered a chance to be social, playful and interactive through a completely renovated welcome experience built around a signature lobby bar, new retail and spa amenities and a dynamic pool deck.
The LINQ Hotel & Casino’s $223m renovation marks the completion of The LINQ complex, comprising the LINQ Promenade, the High Roller and the LINQ Hotel & Casino and marks the last component of an approximately $1bn invest- ment by Caesars Entertainment Corporation to redevelop the Eastside of Las Vegas Boulevard. Located at the heart of Center Strip, the all-new LINQ complex has become the new social hub of Las Vegas, offering brand new modern and playful rooms and suites and more than 30 restaurants, bars and retail outlets, all steps away from the world’s tallest observation wheel, the High Roller.
“The reimagined, all-new LINQ Hotel & Casino is truly a Vegas Original, offering for the first time an experience at the heart of the Las Vegas Strip designed for millennials and the young at heart,” said Tariq Shaukat, CCO of Caesars.
US – SALAT LEAVES SCIENTIFIC Sebastian Salat, President of WMS International, has left Scientific Games. This move was mutually agreed by both parties. Commenting on the decision Mr. Salat said, “I am extremely grateful for the privilege of having led an incredible team of gaming professionals for so many years. Together we turned WMS into a world-class gaming organization, which grew much stronger after the merger with Scientific Games.”
Gavin Isaacs, President and Chief Executive Officer of Scientific Games, said, “Over the last 15 years, as President of WMS International, Sebastian has contributed greatly to the growth of WMS’ international business throughout Europe, Latin America, Australasia and Africa. By combining the WMS foundation built by Sebastian and his team with the solid Bally, SHFL, and Scientific Games’ international busi- nesses, the Company’s SG Gaming division is leveraging the wealth of collective resources and relationships to provide new value as a partner of choice to international casino oper- ators. We thank Sebastian for his years of service to WMS and wish him the very best for his future.”
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Harmony Cove and Celebration Jamaica were the only two contenders left in contention for the three integrated resort.
A senior government official explained: “The princi- ple of provisional approval is that they like what you have proposed. The final grant [of Approved Integrated Resort Development Order – AIRD] will depend on performance. Until they implement the plan, approval will be provisional.”
Harmony Cove will invest US$970m in its first wave of development with 1,000 hotel rooms, restaurants
and retail shops, a casino, golf courses, a luxury spa, marina facilities and convention facilities.
Harmony Cove is a partnership made up of state- owned Harmonisation Limited, with 49 per cent, and private-sector partner Tavistock Group, a global investment company, with 51 per cent. Shareholders in Harmonisation include Development Bank of Jamaica and National Housing Trust.
Celebration Jamaica Development Limited will invest US$500 in the first phase of its project in Montego Bay. Businessman Robert Trotta has con- ceptualised his project around the theme ‘Caribbean World Music’, Celebration Jamaica Hotel and Resort is positioned as a 365-day entertainment attraction for both tourists and locals. In addition to the hotel, the first phase of the development encompasses an entertainment complex with a multitude of facilities to include a full-service casino with table gaming and slot machines.
US BMM Testlabs has announced record first quarter financial results for 2015. “Continuing from a record 2014 financial performance, BMM achieved robust year-on-year growth in the first quarter of 2015. Revenues grew 12 per cent (22 per cent on a constant currency basis) whilst EBITDA and Cash growth outperformed Revenue growth in percentage terms,” said President and CEO Martin Storm. He added: “Growth is being driven by global customers who want better returns on their testing investments. They need their products tested better and faster than ever before without an overall reduction in testing quality. This is new value that BMM generates in the market on a continuous improvement basis. In Q1 2015 key US regulators recognized the importance of having more than one gaming lab certifying products and they chose BMM. These regulators included the key states of Delaware, Kansas, Indiana and Massachusetts. They join the rest of the gaming world internationally and nearly every other gaming jurisdiction in North America who have taken the same position.”
Greentube enters content deal with Genesis Gaming for US
NEW YORK Greentube has forged a content agreement with Genesis Software International Ltd (Genesis Gaming). The partner- ship further expands the Greentube presence in North America as Genesis Gaming con- tent will be included in Greentube Pro, Greentube’s social gaming platform for land- based casinos. Greentube will also integrate Genesis Gaming content into their real money and social platforms in Europe.
“This agreement enables Greentube operators to maximise
their game offerings and appeal to the broadest spectrum of play- er types,” said Gabriel Cianchetto, Greentube’s President of Market Development for North America. “Genesis’ omni-channel approach (mobile, desktop and application) is the future of gam- ing. We will look to Genesis Gaming to assist us in delivering rich gaming experiences across all three channels.”
With Studios in Vancouver and Las Vegas, Genesis Gaming is a key supplier of video slot content to the global gaming industry.
Client categories include land- based slot machine manufactur- ers, online real money gaming operators and social casino gam- ing apps and sites. Genesis Gaming software combines unique game mechanics and a variety of premium art styles across all 175 games it has brought to market to date.
“As a content provider, partner- ing with a comprehensive plat- form – especially with a respect- ed company like Greentube – will greatly expand our market reach,” said Geoffrey Hansen, Worldwide MD for Genesis Gaming. “Greentube Pro provides the complete solution for opera- tors to capitalize on our games portfolio and we look forward to contributing to the success of Greentube and its customers."
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