Genting Cruise Line Causes Maiden Voyage to Japan’s Okinawa

Genting Cruise Line Causes Maiden Voyage to Japan’s Okinawa

Genting Dream Cruises has made its maiden voyage to Okinawa. The ship owned by the Malaysian gaming conglomerate first set sail last November, but this week it harbored in Japan for the first time.

Genting Dream Cruises President Thatcher Brown, left, and Naha tourism official Takao Kadekaru, celebrated the cruise liner’s inaugural journey to Japan this week.

One of the largest gaming companies in the world, the Malaysia-based Genting Group has and operates casino resorts in its home country, along with in the us, uk, Singapore, Asia, Philippines, Caribbean, and South Korea. It owns dozens of land-based gaming properties, but Genting’s newest investment is on the high seas.

Dream Cruises has ports in the Chinese towns and cities of Guangzhou and Hong Kong, and travels to many different Pacific Ocean destinations including Malaysia, Thailand, and Indonesia. This it added Japan by way of Naha, the capital city of Okinawa week.

Genting states the ship features all the comforts of authentic hospitality that is asian. The Genting Dream is a non-gaming vessel though the company is known for gambling.

In addition to Dream Cruises, Genting also owns Star Cruises, the 3rd cruise line that is largest in the world behind only Carnival and Royal Caribbean.

Japan Casino Odds

In December, Japan’s nationwide Diet passed legislation to authorize two land-based integrated resorts, a monumental development for the country which has long opposed commercial gambling. At the bequest of Japanese Prime Minister Shinzo Abe to make the Asian nation more tourism friendly, the legislature consented to allow gambling to come onto its shores.

Casino companies around the world instantly began focusing on their proposals. Seen once the holy grail of untapped gambling markets, MGM, nevada Sands, Galaxy Entertainment, Melco Crown Entertainment (formerly Melco Crown), among others are anticipated to make multibillion-dollar pitches to obtain certainly one of the casino that is coveted.

The conglomerates are looking for local partners and hyping their mammoth investments in hopes of luring Japan regulators with their side. But Genting Group might have the most readily useful scheme running.

With gaming properties established on three continents, and fully operational cruise companies that can transport visitors from different Asian countries to Japan, Genting’s pitch might be too sweet to resist.

The Diet is currently along the way of choosing the legal regulatory framework for gambling and determining where the venues might be allowed. Along with Osaka and Tokyo, Okinawa is thought to be a likely resort destination that is integrated.

Cruise Control

Genting isn’t the entity that is only in the water and cruising the Pacific Ocean. Last thirty days, the North government that is korean it absolutely was looking for foreign investors to come aboard in having a cruise line that would bring passengers to Mount Kumgang, one area of the heavily restricted country where tourists will often enter.

The Kumgang Special International Tourism Zone is looking for a $20 million partner to build a ship that will ‘be prepared with various facilities to allow 1,000 travelers to do social and safe travel in the ocean,’ the Korean government explained in poor English. Therefore far, no takers.

UK Bookie Pays Out on Red Rum Bet 43 Years Late

A 1974 bet on the legendary Uk racehorse Red Rum to win that year’s Grand National was paid out 43 years after the race had been won this week.

Red Rum, who won the 1973 Grand National after coming back from 30 lengths behind. No wonder Bob Holmes’ late father-in-law backed him the following year. (Image: Liverpool Echo)

Bob Holmes, a 74-year-old retiree, found the winning betting slip among the belongings of his late dad in law and contacted bookmaker William Hill, which confirmed the bet had never been cashed. William Hill not only honored the wager but also adjusted it for inflation for a pay-out of £130 (£160).

Sensing a PR op, the organization also offered Holmes another £130 to bet on this year’s Grand National, coming this Sunday, plus another £130 to subscribe to the charity of his choice.

Latest Cash-out Ever

‘My sister-in-law ended up being house that is moving we were helping her to see just what could possibly be thrown out, so I was searching through an entire stack of old papers, tax returns, bank statements and so on,’ explained Holmes to the Daily Telegraph. ‘I discovered a scruffy bit of paper that turned out to become a betting slip that had been put but never cashed. It was for Red Rum in the 1974 Grand National when I looked more closely.

‘It is just a mystery [why he never cashed out]. My father-in-law probably lost the slip that is betting wasn’t in a position to cash it. It was very rare for him to bet. He had been not a betting man, maybe a couple of times a year on the National or the Derby.’

One of the Greatest

Maybe Not only is this regarded as a record for the latest cash-out ever, but it also provides a little nugget of betting memorabilia. Red Rum is considered to end up being the UK’s greatest ever steeplechaser

The Grand National, meanwhile, has been described as ‘the ultimate test of a horse’s courage,’ a handicap steeplechase over four kilometers, with 30 fences to leap. Red Rum won the competition an unparalleled three times, including the of course, that Holmes’ father-in-law placed his bet year.

In the last year’s race, in 1973, the thoroughbred came from 30 lengths behind to win the race, and was transformed into an equine celebrity that is national. Their 3rd victory, in 1977, had been voted by Britons in 2002 as ‘the 24th greatest sporting moment of them all.’

‘It is certainly a record,’ stated Graham Sharpe, spokesman for William Hill of the 42 year-old betting slip. ‘I’ve worked at William Hill for 45 years and the record before was seven years, for the woman whoever spouse had passed away and she had not felt able to endure his clothes until then, and had found a betting slip.

Maryland Casinos Win Record Monthly Total, MGM National Harbor Back on Top

Maryland casinos generated $141.2 million in revenue during March, hawaii’s best performance that is monthly gambling was legalized back in 2008.

Business is proficient at MGM National Harbor, but maybe not all the Maryland casinos are celebrating March’s record haul. (Image: Getty Images)

MGM National Harbor, the casino that is newest in Maryland, had been the top earner with $51.2 million. The $1.4 billion resort across the Potomac River from Washington, DC, opened in December to much fanfare. After losing its spot while the top dog in February to Maryland Live, the megaresort has retaken the stronghold position.

Maryland Live in Arundel Mills near the Baltimore Washington International (BWI) Airport dropped to second with $46.6 million in winnings. Horseshoe Baltimore, the downtown Caesars property, placed a remote 3rd with nearly $27 million.

The state’s three staying casinos are smaller, regional gambling venues. Combined, Hollywood Casino Perryville, Rocky Gap Casino Resort, while the Casino at Ocean Downs netted about $16.4 million.

Maryland Goes to MGM

In 2012, voters approved a referendum to include a sixth commercial land-based casino resort to join the previous law’s authorization of five gambling establishments. Critics to the approval five years ago voiced issues that a massive resort would poach from existing casinos.

March’s $141.2 million total represents a year-over-year increase of a lot more than 44 percent in comparison to the exact same month in 2015.

‘There were a great deal of naysayers that said all MGM nationwide Harbor would do is cannibalize revenues that are existing’ gaming consultant and Harford Community university professor James Karmel told The Baltimore Sun. ‘This is really good.’

But when MGM’s March revenue is subtracted, Maryland’s five casinos actually saw gaming income decrease eight percent. Maryland Live saw its revenue fall by 14.6 percent, and Horseshoe Baltimore lost 2.4 percent. Combined, the 2 properties lost over $8.6 million.

While MGM and its own supporters will discover the bright side in that Maryland’s total gaming revenue grew by $43.3 million, those that are paying the purchase price, especially Maryland Live, won’t be sharing in the excitement.

Staying In Front Of the Game

Featuring its competition that is new from approximately 35 miles south, Maryland Live is investing heavily in its property to raised place its marketability. Locally owned by the Cordish Company, a private estate that is real based in Baltimore, the casino announced in 2016 so it would be investing $200 million to create a 17-story real time Hotel tower with 310 guestrooms.

For comparison, and also to highlight the bitter turf war, MGM National Harbor has 308 rooms.

Construction on the tower has begun, and to focus on overnight visitors for the time being, Maryland Live bought a nearby Hilton Garden Inn and Homewood Suites last fall. The hotel has since been rebranded as the Live Lofts, and offers free shuttle service to and through the casino.

Maryland Live is catering to the more blue collar crowd. An area is booking for $130 at Live Lofts, while National Harbor is sold out at rates that ranged everywhere from $399 to $529 tonight.

Connecticut Tribes up Ante for Third Casino by Offering State More Tax Revenue

The two Connecticut tribes that try to jointly build a satellite casino in East Windsor are sweetening their proposition to their state by offering up tax that is additional produced through the wished-for slots.

Mohegan Tribe Chairman Kevin Brown (left) and Mashantucket Pequot Chairman Rodney Butler are prepared to guarantee payments to the continuing state should the Connecticut tribes be allowed to create a casino in East Windsor. (Image: MMCT)

The Mashantucket Pequot and Mohegan tribal countries, operating under the partnership that is commercial MMCT, are petitioning lawmakers to allow them to place a third gambling venue within the north-central region of the state just south associated with the Massachusetts border. The native American groups are justly concerned with losing gambling money to the megaresort with the $950 million MGM Springfield set to open next year.

Connecticut’s General Assembly must decide whether to soon authorize the East Windsor site.

To entice votes, MMCT announced this week they are prepared to guarantee that revenue checks from their two current casinos, Foxwoods and Mohegan Sun, will continue being sent to the state. The tribes said they would be willing to share 25 percent of the East Windsor slot money as well as an additional incentive.

‘we don’t know if it changes the overall probability of the bill becoming law, but it willn’t harm,’ Connecticut House Speaker Joe Aresimowicz (D-Berlin) told reporters. ‘I think it’s still a 50-50 idea.’

Millions at Stake

Connecticut’s video gaming compact with the tribes mandates that 25 percent of their gross slots revenue is paid to the state. That equates to higher than a quarter of a billion dollars each year, a budget that is crucial supply that is in partial jeopardy of being lost, the tribes contend.

Connecticut’s General Assembly and its State Senate Public Safety and Security Committee are tasked with signing off on the East Windsor casino because the venue would not be constructed on sovereign tribal land. While enabling the tribes to add another casino to take on Massachusetts’ gambling expansion in order to keep money in the Constitution State appears like a no-brainer, there are serious potential consequences that are legal.

The principal interest is that by authorizing a third casino, despite being presented by the tribes on their own, hawaii would essentially be terminating a decades-old agreement with the Native American groups.

The two tribes have exclusivity to operate casinos on their sovereign lands under the longstanding compact. The contract states that will Connecticut free industry or authorize off-sovereign land gaming, the tribes would no longer be legally needed to share with you 25 percent of the slot revenue with Hartford.

AG Concerned

Asked by Governor Dannell Malloy (D) to prepare an opinion that is formal the matter, state Attorney General George Jepsen stated last month that the satellite casino raises an assortment of concerns, providing more unease for lawmakers.

‘The dangers . . . while impossible to quantify with precision, aren’t insubstantial and may not be mitigated with confidence,’ Jepsen opined.

MGM, which hopes the Connecticut General Assembly votes no regarding the satellite casino in East Windsor, argues if the state wants to expand gambling to off-sovereign lands, it should allow public bidding.

East Windsor is 13 miles south of Springfield. The Nevada-based gaming bigwig says Connecticut would really be discriminating against outside businesses in only allowing MMCT to win a gaming casino license that is non-tribal.