Ocean Resort Casino to Ride Hard Rock Wave, Announces Same June 28 Opening Date

Ocean Resort Casino is opening June 28, the same time as Hard Rock, in what’s most likely to become Atlantic City’s unofficial start to the 2018 summer.

Ocean Resort Casino would be to start its doorways in June on the extremely same day as its neighbor down the Boardwalk.

Though summer technically begins a week earlier on June 21, the opening of Ocean Resort and rough Rock on the day that is same attract a mob of people to New Jersey’s beachfront gambling hub.

Ocean Resort, the revel that is former and Hard Rock, the former Trump Taj Mahal, are only a short walk from one another.

Ocean Resort was acquired in by Colorado developer Bruce Deifik’s Integrated Properties for $200 million from Glenn Straub january. The home, which cost $2.4 billion to construct but shut less than two and a half years after its 2014 opening, was offered to Straub in bankruptcy for just $82 million.

Deifik’s group is overhauling the resort at a cost that is unknown make it more appealing than its previous incarnation. The smoking ban is being lifted, two-night weekend that is minimum are no more, pedestrian traffic flow is being made simpler, and the overall ‘stuffy’ customer support are transformed to ‘treat people with respect,’ Deifik recently told the Associated Press.

After rumors emerged that Ocean Resort Casino was considering opening the same time as Hard Rock, Deifik confirmed the maximum amount of in a statement issued on Monday.

What you may anticipate

The complete 6.4 million-square-foot Ocean Resort Casino is ‘undergoing a property refresh,’ based on Deifik.

Notable new features are the globe’s largest Topgolf Swing Suite that provides simulated golf games, renovated 5,500-seat Ovation Hall theater, new time and nightclubs, spa, and 16 dining establishments.

Though smoking cigarettes will be permitted in designated sections of the casino flooring, Ocean Resort hopes to become more family-friendly at the time that is same. an eatery that is kid-focused ‘Cereal Town’ where kids can have ‘cereal from around the globe’ is one such ploy to get mothers and fathers in the doorways.

The casino will span 138,000 square feet. Before gaming operations can begin, the continuing state Casino Control Commission will need to review a suggestion from the Division of Gaming Enforcement and hold a hearing.

Cause for Celebration

Hard Rock Atlantic City purchased the shuttered Taj from billionaire Carl Icahn in March 2017 for $50 million. The company that is seminole-owned spending more than $500 million turning the resort into a rock ‘n’ roll-themed holiday destination.

Gambling, in accordance with tricky Rock CEO Jim Allen, should come second.

‘ As soon as we announced we had a different view point,’ Allen said last month that we were going to step in the Atlantic City gaming market. ‘It’s maybe not about gaming. It is about entertainment.’

But Atlantic City is about gaming, and while Allen is residing up to their claim 1xspor by reserving 300 concerts and shows in one, the resort’s future will likely heavily depend on revenues generated inside the casino year.

The seven remaining casinos have posted back-to-back annual gaming that is gross wins after suffering nine many years of declines that saw five resorts shutter. The reopening of two Atlantic City casinos is reason to celebrate, but with caution.

Anthony Marino, a professor that is former Stockton University, had written in the Lloyd D. Levenson Institute of Gaming quarterly publication final month that the new resorts have lots of wow factor. He believes they will attract new site visitors to Atlantic City, and not simply poach from existing properties.

‘The new arrivals towards the Atlantic City tourism market can certainly be likely to generate considerable publicity and large crowds,’ Marino concluded.

Derek Stevens’ Downtown Casino Plans Head to Las Vegas Preparing Commission

Derek Stevens, owner of the ‘The D’ and Golden Gate in downtown nevada, has submitted intends to the Las Vegas preparing Commission for his mysterious Fremont Street project, which will be the first brand new hotel and casino to be built from the bottom up downtown since 1980. The commission is scheduled to have a series of votes regarding the plans on Tuesday.

Natural-born showman Derek Stevens has been unusually quiet about his plans for the part of Fremont and Main, but Las Vegas Mayor, Carolyn Goodman, has promised they will ‘blow the lid off everything’ and complete the regeneration of downtown. (Image: Las Vegas Review-Journal)

Stevens has been uncharacteristically tight-lipped in regards to the development, which, since far as we know, does not yet have an official title. What we do know, from specs submitted to the commission, is the fact that 1,224,485-square-foot casino and hotel will be 459-feet-tall, with 777 guest spaces and 117,740 square legs of gaming space.

The property will have a parking that is 1,526-space across Main Street that are attached to the casino via a sky bridge. Other features consist of a rooftop lounge, a sports book, a ballroom with conference space, a nightclub, several bars and restaurants, a pool and spa.

But the description may not justice do it. According to Mayor Carolyn Goodman recently, the project will transform the end that is west of Street and ‘blow the lid off everything.’

Grandissimo Planissimo

The casino will rise through the rubble of the historic Las Vegas Club, which had stood on the corner of Fremont and Main since 1949, until it was bought by Stevens and their brother, Greg Stevens, and demolished year that is last.

Also bulldozed in the true title of progress ended up being the Mermaids casinos and Glitter Gulch Strip Club, as well as the ‘Vegas Vicky’ neon cowgirl.

Stevens recently hinted that ‘Grandissimo’ could be described as a true name for the project. Jay Sarno, who built Caesars Palace, envisaged a resort that is mega the city with that name, but the plan never came to fruition, and now Stevens has the rights to the name.

‘The name, the story, the innovation and creativity of Jay Sarno is so important into the reputation for Las Vegas,’ he told the vegas Review-Journal in February, before adding Gramdissimo was only one possibility and that he remained undecided.

Downtown Upturn

Downtown has enjoyed a revival in modern times and Stevens believes his project shall attract much more visitors far from the Strip. Despite the location getting a revamp with of a host of non-gaming attractions, most recent downtown developments have been remodels or refurbishments.

The final brand-new casino to be built from the floor up was the Sundance in 1980, which later became the leprechaun-themed Fitzgerald’s, and then, in 2012, Stevens’ own D Las Vegas.

The Las Vegas City Council will have the final say, with a vote expected next month if Stevens’ plans receive planning commission sign-off.

Steve Wynn No Longer Has Control Over Namesake Company, Massachusetts Gaming Commission Rules

According to the Massachusetts Gaming Commission (MGC), the relationship between Steve Wynn and his casino that is former company been successfully dissolved.

The Steve Wynn signature no longer accompanies the $2.5 billion incorporated resort in Everett, Massachusetts, which is now referred to as Encore Boston Harbor. (Image: Chris Christo/Boston Herald)

In a ruling granted this week, state regulators concluded that the billionaire’s previous ownership and capacity that is executive Wynn Resorts doesn’t have any bearing on the future of the company’s $2.5 billion built-in resort being built in Everett called Encore Boston Harbor.

The five-member MGC said presented evidence generated their determination that Steve Wynn is no more an ‘individual qualifier,’ or person with a professional interest in the Massachusetts gaming permit issued to Wynn MA, LLC.

Though he continues to keep he committed no wrongdoing, Wynn resigned in February after numerous allegations of sexual misconduct made against came to light. The disgraced Las Vegas visionary sold his entire stake in the company he founded in 2002 in late March.

In a statement, the MGC said Steve Wynn ‘is not an officer or director of Wynn Resorts, and accordingly, he can no longer exercise control or provide direction.’

However, the commission added that as a result of Wynn’s 12 per cent stock ownership at the time of the start of March, he’d nevertheless be entitled to voting rights at the company’s annual shareholders meeting planned for might 16. The MGC says upon verification that Steve Wynn will not exercise their directly to vote, ‘he are de-designated as a qualifier.’

Win for Wynn Resorts

The MGC conclusion is the very first major victory for brand new Wynn Resorts CEO Matt Maddox. His company remains under investigation by their state gaming board that is regulatory to be it suitable to carry a casino license.

But the MGC getting rid of Steve Wynn’s title from the operating permit, conditioned on his presumed decision never to vote at this month’s shareholder conference, really says the Encore Boston Harbor no longer has any association to your casino tycoon that is former.

‘Steve Wynn is not Wynn Resorts,’ Maddox declared month that is last the MGC. In this week’s adjudicatory ruling, it appears the gaming commission agrees.

Wynn Shunned

The MGC’s Investigations and Enforcement Bureau continues to probe whether Wynn Resorts professionals and/or board people knew in regards to the sexual allegations, most specifically a $7.5 million settlement payment made in 2005 to a manicurist who claimed she was forced into having sex with the billionaire. The check was written from a shell limited liability company called Entity Y LLC.

During the bidding procedure, Massachusetts gaming regulators determined Wynn Resorts and connected individual qualifiers were ‘suitable’ for licensure. The MGC specifically noted that Steve Wynn had been ‘highly ethical,’ and ‘a perfectionist who is passionate about everything he does.’

MGC Chairman Stephen Crosby stated in the wake of the bombshell allegations that ‘the people of Massachusetts have actually the right to know what the hell occurred.’

Wynn Resorts will wait patiently to see where the commission’s investigation comes down. For the time being, the business is implementing an insurance policy that will require all executives and board members to notify their legal team within 48 hours of any communication with Steve Wynn, which in turn will disclose such correspondence to your MGC.

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