Maryland Live Back on Top After Taking Wind Out of MGM National Harbor’s Sails
Maryland Live is once again the casino that is top hawaii after the Arundel Mills resort generated more gaming revenue during the thirty days of February than its new rival MGM nationwide Harbor.
Maryland Live, billed as the family friendly casino when compared with MGM National Harbor, saw the gambling money that is most come through its doors during February.
Collectively, their state’s six casinos pulled in $128.7 million in gross gaming win, Maryland’s second-best performance that is all-time. The record mark came in December after the opening that is grand of Harbor led to a victory of $133.5 million.
Maryland Live’s revenue totaled $46.29 million last month, 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 regional gambling facilities, Hollywood Casino Perryville, Rocky Gap Casino Resort, and also 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. The group also says being locally owned allows it to provide a better experience to customers, in what’s certainly a slight jab at MGM in a statement.
The February gambling report represents a 38 percent increase on the same month in 2016. Casinos took $35.4 million additional money through the quickest month of the year, but the info also highlights lots of concerns for Maryland gaming.
Excluding MGM’s $1.4 billion resort, gambling was actually down more than 11 %. And while Maryland Live is championing its February victory, in truth the casino amassed 14.3 % less revenue year-over-year.
Maryland Live’s $46.29 million is down $7.72 million compared to final February. And conditions could not have been riper for strong revenues, as the month was certainly one of the warmest on record.
Since MGM announced its intends to build National Harbor, Maryland Live has been scrambling to make sure its property remained competitive up against the behemoth outside of DC in Oxford Hill. Live and nationwide Harbor are about 35 miles apart, but both are competing for the DC that is wealthy and Virginia demographic.
Maryland Live announced the construction of a 17-story hotel tower with 310 guest spaces summer that is last. MGM National Harbor offers 308 hotel rooms.
National Harbor Underwater?
MGM’s latest casino to open in america ended up being downright packed during its starting month. The resort asked would-be visitors to stay away unless they had a reservation.
Just three months later, excitement and enthusiasm has seemingly calmed.
A nightly stay at the hotel ran between $399 and $599 in the opening weeks. But midweek prices are now since low as $229, though weekends are nevertheless in the prior range.
MGM likely isn’t too worried about the gaming report february. While Live continues to fret throughout the competition, MGM CEO Jim Murren has over repeatedly stated that the house seeks to be a destination resort for not just gamblers but also visitors towards the country’s money.
Casino Bus Crash Kills Four, Charter Safety Concerns Continue
A casino coach crash in Mississippi has killed four passengers and injured 40 more, seven critically.
A casino bus crash in Mississippi allegedly became stuck on a railroad track, and tragedy struck when an approaching train collided with the charter vehicle. (Image: Kevin McGill/Associated Press)
The event occurred in Biloxi following the coach reportedly became stuck while trying to get a cross train songs. Moments later, a freight train traveling at increases to 45 MPH collided with the bus and forced it some 300 foot before coming to an end.
According to reports that are local the bus was touring regional gambling enterprises in Mississippi and Louisiana.
During the time associated with crash, the coach was traveling from the Hollywood Gulf Coast Casino in Bay St. Louis to the Boomtown Casino in Biloxi. That’s about an hour’s drive east.
The weeklong excursion was organized by a senior citizens’ center in Texas. The area where the accident happened has road signs warning drivers of low ground clearance while investigators say it’s not immediately clear whether the bus incurred mechanical problems.
The names associated with the victims, and whether the driver was one of the fatalities, wasn’t released.
The casino bus crash comes lower than five months after a California gambling trip ended in tragedy. In October, 13 passengers aboard a trip coach were killed after the driver slammed to the straight back of an 18-wheeler semi-truck on Interstate 10 near Palm Springs.
In that incident, passengers paid around $30 for round-trip fare and free slot money from Los Angeles to a remote casino near Salton City called Red Earth.
Tour companies and regional casinos frequently reach agreements where gambling establishments provide slot money to people arriving on certain charters and spend the coach company a tiny per-customer stipend.
This is why busses like the main one active in the Palm Springs accident drive great lengths, passing multiple gambling enterprises within the process, to reach at a location like Red Earth.
After fall that is last tragedy in California, the National Transportation Safety Board (NTSB) confirmed that the rise of casino bus accidents was a serious concern to the federal agency that is tasked with investigating civil accidents.
In mid-January, a Greyhound motorcoach crashed in San Jose, California, and killed two people. But fatalities aboard chartered busses are still relatively unusual contrasted to other modes of transportation.
In line with the NTSB, in 2015 just 49 bus passengers were killed in highway accidents. Passenger cars and trucks that are light vans accounted for over 22,400 fatalities.
The NTSB is in Mississippi to investigate this week’s crash. Straight Back home at its Washington, DC, headquarters, the agency is wanting to determine if more stringent oversight of bus charter companies becomes necessary.
In 2013, the NTSB publicly scolded inspectors during the Federal Motor Carrier Safety Administration (FMCSA) for failing to detect clear and safety that is significant on busses that passed inspections.
‘Our investigators unearthed that oftentimes, the poor doing company was on FMCSA’s radar for violations, but ended up being allowed to continue operating . . . until they had lethal crashes,’ the NTSB stated at the time.
Former US Secretary of the Interior Salazar Warns Connecticut Over Satellite Casino
Kenneth Salazar, US Secretary to the inner under Barack Obama, has warned Connecticut governor Dannel Malloy over ‘legal risks’ in regards to the state’s proposition to permit the construction of a tribal casino outside sovereign tribal lands.
Ken Salazar, former US Secretary to the Interior, now MGM consultant, believes that Connecticut will struggle to receive approval that is federal a new casino handle the Mohegan and Mashantucket tribes. (Image: Politico.com)
Salazar, that is a paid up consultant for MGM Resorts International, informed the governor that the proposed ‘satellite’ casino could jeopardize the state’s revenue-sharing agreements using the Mashantucket Pequots and Mohegans, which run the Foxwoods and Mohegan gambling enterprises in south Connecticut, which could price their state billions within the long run.
MGM is desperate to stop Connecticut’s plans to just establish a casino 13 kilometers south for the MGM Springfield, currently under construction throughout the border in Massachusetts.
The Connecticut casino has been conceived purely as a means to blunt MGM Springfield’s competitive edge from the Connecticut casino sector also to protect Connecticut jobs.
MGM has made no key of the truth that it expects a large portion of footfall because of its own casino that is new come from Connecticut residents.
The satellite casino is controversial plan because the Connecticut legislature would need to pass a law permitting the two tribes, understood collectively as MMCT, to operate the state’s first ever casino outside tribal lands. The tribes will be the only entities permitted by legislation to operate casinos in the state.
MGM has sued Connecticut on the grounds that this is unconstitutional plus in violation of the Commerce Clause because it bars out-of-state rivals from competing to build up casinos within the state, discriminating, says MGM, in favor of the 2 tribes.
The casino giant even attempted to have an amendment added to a federal defense bill that would have prohibited Native American tribes from operating casinos in their home state outside their reservations however it had been scuttled by vigilant congressman from Connecticut.
However the concern of legality lingers, and week that is last Malloy requested that the state AG George Jepsen prepare an official opinion on the legal ramifications of the proposition and to assess the odds of MGM successfully blocking it within the courts.
Salazar’s intervention on behalf of MGM, then, is well-timed. Writing in a letter that is open to Malloy, dated March 7, he writes that the 25 percent revenue share which includes existed between the state while the tribes for two years is threatened, despite the fact that MMCT has proposed amendments to the agreements that would guarantee the payments to the state would not stop.
‘Under federal law … amendments to a gaming that is tribal require approval by the U.S. Department of Interior, which I led for five years through the Obama management,’ wrote Salazar.
‘Based on that experience ( as well as on my work on Native American legal things), i really believe there is a substantial danger that the tribe’s proposed amendments would not receive the requisite approval, by which instance Connecticut’s entitlement to the 25-percent income flow would likely terminate.’
AN MMCT spokesman ended up being unmoved by the contents associated with letter. ‘MGM is willing to pay for anyone and everybody else to stop our task from moving ahead because they know our proposal is going to keep income and jobs in Connecticut,’ he stated.
Glenn Straub Ups Attacks on Atlantic City, Says New Jersey ‘Rapes’ Organizations
Glenn Straub claims once you come to New Jersey, business owners ‘have to take all your clothing off’ and allow the state to take advantage that is full. ‘They do not understand how exactly to not rape you,’ he opined.
Glenn Straub (middle), seen here at a Casino Control Commission meeting last month, is not used to Atlantic City, but it doesn’t mean the Florida-based businessman will probably play by brand New Jersey’s rules. (Image: Atlantic City Primetime)
Yep, Straub just went there. The developer that is florida-based officially eliminated any politically correct buffer he might have had in describing Atlantic City. Chatting utilizing the Associated Press, Straub lambasted the national government and casino regulators in the Garden State.
Expected why he isn’t willing to play by the rules which have been set forth, such as playing the PILOT program ( payment in lieu of taxes), Straub answered, ‘I’d be broke. They’re trying to create me do exactly what my predecessors did.’
Straub purchased the shuttered Revel Atlantic City, a resort that cost $2.4 billion to create, for $82 million in bankruptcy court. But since his acquisition nearly two years ago, the businessman has engaged in a few fights with hawaii’s Casino Control Commission (CCC) and Atlantic City’s local leaders.
Straub argues he doesn’t desire a casino license since he’s going to be leasing his gambling flooring to a third-party that is currently along the way of obtaining a CCC permit.
But that doesn’t follow Atlantic City laws. Morris Bailey received a license on their behalf for their Resorts Casino despite also hiring a vendor to run the gaming area.
Layers of Bureaucracy
Straub’s frustrations aren’t out of the norm in terms of business that is doing Atlantic City. The beachfront gambling town is infamous for the complicated regulatory environment.
The Casino Control Commission, Division of Gaming Enforcement, and Casino Reinvestment Development Authority are all involved in licensing properties, but owners that are incoming often confused as to which agency is truly in charge. Muddying the process is the undeniable fact that the city itself is responsible for building inspections and infrastructure tasks.
Mayor Don Guardian (R) has been trying to help owners navigate the complex burdens. The controversial mayor who is during the center regarding the state’s takeover of this neighborhood federal government states he regularly meets with owners who have invested at least $1 million in the city.