Maryland Live Back over the Top After Taking Wind Out of MGM National Harbor’s Sails

Maryland Live Back over the Top After Taking Wind Out of MGM National Harbor’s Sails

Maryland Live is once again the top casino in hawaii following 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 in comparison to MGM National Harbor, saw the gambling money that is most come through its doors during February.

Collectively, their state’s six gambling enterprises pulled in $128.7 million in gross gaming win, Maryland’s second-best performance that is all-time. The record mark arrived 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 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 regional gambling facilities, Hollywood Casino Perryville, Rocky Gap Casino Resort, while 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 property retaking the spot that is top. In a statement the group additionally states being locally owned allows it to provide a better experience to clients, in what’s definitely a slight jab at MGM.

Mixed Outcomes

The February gambling report represents a 38 percent increase on the month that is same 2016. Casinos took $35.4 million more income during the month that is shortest of the season, but the information also highlights lots of issues for Maryland gaming.

Excluding MGM’s $1.4 billion resort, gambling was actually down more than 11 percent. And while Maryland Live is championing its victory, in truth the casino amassed 14.3 percent less revenue year-over-year february.

February Maryland Live’s $46.29 million is down $7.72 million compared to last. And conditions couldn’t are riper for strong revenues, as the month had been certainly one of the warmest on record.

Since MGM announced its plans to build National Harbor, Maryland Live has been scrambling to make sure its property stayed competitive against the behemoth outside of DC in Oxford Hill. Live and National Harbor are about 35 kilometers aside, but both are competing for the DC that is wealthy and Virginia demographic.

Maryland Live announced the construction of the 17-story resort tower with 310 guest rooms last summer. MGM National Harbor offers 308 hotel rooms.

National Harbor Underwater?

MGM’s casino that is latest to open in the US was downright packed during its opening month. The resort asked would-be people to stay away unless that they had a reservation.

Just three months later, enthusiasm and excitement has seemingly calmed.

A nightly stay at the hotel ran between $399 and $599 in the opening weeks. But midweek prices are now because 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 over 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 nation’s capital.

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 hit whenever an approaching train collided with the charter vehicle. (Image: Kevin McGill/Associated Press)

The incident occurred in Biloxi following the bus reportedly became stuck while trying to cross train songs. Moments later, a freight train traveling at speeds up to 45 MPH collided with the bus and pushed it some 300 feet before coming to an end.

According to reports that are local the bus was touring regional casinos in Mississippi and Louisiana.

At the time of the crash, the coach had been traveling from the Hollywood Gulf Coast Casino in Bay St. Louis to the Boomtown Casino in Biloxi. That is about an hour’s drive east.

The weeklong excursion was organized by a senior citizens’ center in Texas. While investigators say it’s not instantly clear whether the bus incurred mechanical problems, the region where the accident occurred has road signs warning drivers of low ground clearance.

The names for the victims, and whether the driver was one of the fatalities, was not released.

Charter Gambling

The casino bus crash comes significantly less than five months after a California gambling trip ended in tragedy. In October, 13 people aboard a trip coach were killed after the driver slammed in to the back of a semi-truck that is 18-wheeler Interstate 10 near Palm Springs.

In that incident, passengers paid around $30 for round-trip fare and slot that is free from Los Angeles to a remote casino near Salton City called Red Earth.

Tour organizations and regional casinos frequently reach agreements where gambling establishments provide slot money to passengers arriving on certain charters and pay the coach company a little per-customer stipend.

This is why busses like the main one active in the Palm Springs accident drive lengths that are great passing multiple gambling enterprises into the process, to reach at a destination like Red Earth.

Growing Concern

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 rare contrasted with other modes of transportation.

Based on 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. Back home at its Washington, DC, headquarters, the agency is wanting to determine if more stringent oversight of bus charter companies is needed.

In 2013, the NTSB publicly scolded inspectors during the Federal engine Carrier Safety Administration (FMCSA) for failing to detect clear and significant safety problems on busses that passed inspections.

‘Our investigators discovered that most of the time, poor people company that is performing on FMCSA’s radar for violations, but was allowed to continue operating . . . until they had deadly crashes,’ the NTSB said at the time.

Former United States Secretary of the Interior Salazar Warns Connecticut Over Satellite Casino

Kenneth Salazar, US Secretary to the Interior under Barack Obama, has warned Connecticut governor Dannel Malloy over ‘legal dangers’ regarding the state’s proposition to permit the construction of a casino that is tribal sovereign tribal lands.

Ken Salazar, former US Secretary towards the Interior, now MGM consultant, believes that Connecticut will struggle to receive approval that is federal a brand new casino handle the Mohegan and Mashantucket tribes. (Image: Politico.com)

Salazar, who is a paid up consultant for MGM Resorts Global, informed the governor that the proposed ‘satellite’ casino could jeopardize the state’s revenue-sharing agreements with all the Mashantucket Pequots and Mohegans, which run the Foxwoods and Mohegan gambling enterprises in south Connecticut, that could price their state billions into the run that is long.

MGM is desperate to halt Connecticut’s plans to establish a casino just 13 miles south associated with MGM Springfield, currently under construction throughout the border in Massachusetts.

The Connecticut casino has been conceived solely as a method to blunt MGM Springfield’s competitive edge contrary to the Connecticut casino sector and also to protect Connecticut jobs.

MGM has made no secret of the fact that it expects a large portion of footfall for the own new casino to come from Connecticut residents.

Borderline Legal

The satellite casino is controversial plan because the Connecticut legislature would need to pass a law permitting the 2 tribes, known collectively as MMCT, to operate the state’s first ever casino outside tribal lands. The tribes would be the entities that are only by law to operate casinos in hawaii.

MGM has sued Connecticut on the grounds that this is unconstitutional and in violation of the Commerce Clause as it bars out-of-state rivals from contending to build up gambling enterprises in the state, discriminating, says MGM, in benefit of the 2 tribes.

The casino giant also attempted to have an amendment added up to a federal defense bill that would have forbidden indigenous American tribes from running gambling enterprises in their home state outside their reservations but it ended up being scuttled by vigilant congressman from Connecticut.

However the concern of legality lingers, and last week Governor Malloy requested that hawaii AG George Jepsen prepare a formal opinion in the legal ramifications of the proposal and to measure the odds of MGM successfully blocking it into the courts.

Substantial Risk

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 that has existed between the state as well as the tribes for two decades are threatened, despite the reality that MMCT has proposed amendments to your agreements that would ensure the re payments to your state would not stop.

‘Under federal law … amendments to a gaming that is tribal need approval by the U.S. Department of Interior, which I led for five years through the Obama Administration,’ wrote Salazar.

‘Based on that experience ( as well as on my work on Native American legal things), in my opinion there is a risk that is substantial the tribe’s proposed amendments would not receive the requisite approval, by which instance Connecticut’s entitlement to the 25-percent revenue flow would probably terminate.’

AN MMCT spokesman was unmoved by the contents for the letter. ‘MGM is willing to pay for anyone and everybody to stop our project from moving ahead because they know our proposal is going to keep revenue and jobs in Connecticut,’ he said.

Glenn Straub Ups Attacks on Atlantic City, Says New Jersey ‘Rapes’ Businesses

Glenn Straub says once you come to New Jersey, business owners ‘have to take all your clothing off’ and allow hawaii to take advantage that is full. ‘They don’t understand how exactly to perhaps not rape you,’ he opined.

Glenn Straub (middle), seen right here at a Casino Control Commission meeting last month, is not used to Atlantic City, but that doesn’t mean the Florida-based businessman will probably play by brand New Jersey’s guidelines. (Image: Atlantic City Primetime)

Yep, Straub just went there. The Florida-based developer has officially removed any politically correct buffer he might have had in describing Atlantic City. Chatting using the Associated Press, Straub lambasted the government and casino regulators in the Garden State.

Asked why he isn’t prepared to play by the rules that have cleopatra ii slot been set forth, such as participating in the PILOT program ( payment in place of taxes), Straub responded, ‘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 regional leaders.

Straub argues he doesn’t need a casino license since he’s likely to be leasing their gambling floor to a third-party that is presently along the way of obtaining a CCC permit.

But that does not stay glued to Atlantic City laws. Morris Bailey received a license on his behalf for his Resorts Casino despite also hiring a vendor to run the gaming space.

Layers of Bureaucracy

Straub’s frustrations aren’t out from the norm when it comes to doing company in Atlantic City. The beachfront gambling town is infamous because of its 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 method may be the known fact that the city itself is responsible for building inspections and infrastructure jobs.

Mayor Don Guardian (R) is trying to assist owners navigate the burdens that are complex. The controversial mayor who is at the center of the state’s takeover of the local government claims he regularly meets with owners who have invested at least $1 million in the city.

 

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