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Galaxy Entertainment Reportedly Searching for brand New Casino Site After Boracay Plans Bust

Galaxy Entertainment Reportedly Searching for brand New Casino Site After Boracay Plans Bust

Galaxy Entertainment is reportedly searching for a brand new spot to create its next casino resort after its $500 million plans on the Philippines' Boracay Island recently came to a screeching halt.

A government official in the Philippines says Lui Che Woo's Galaxy Entertainment is making picturesque Boracay Island and seeking a new place to build its casino resort.

The Hong Kong-based casino operator led by billionaire Lui Che Woo is allegedly using his half of a billion dollars and looking for a considerably better locale after engaging in a public dispute with Philippines President Rodrigo Duterte.

Though the country's video gaming regulator PAGCOR (Philippine Amusement and Gaming Corp) issued Galaxy a provisional license for the island, the president stated recently he knew of 'no plans for the casino,' and which he would supply the land once it's reformed 'to farmers, to the Filipinos first.'

In mid-March, Galaxy Vice Chairman Francis Lui said the company was 'pleased to support President Duterte plus the Philippine government's initiative for the managed and sustainable development of Boracay.'

Boracay Island is planned to close April 26 at the direction of Duterte, who labeled it a 'cesspool.' The four-square-mile area is to be closed for 6 months and cleaned up underneath the direction of Environmental Secretary Roy Cimatu.

The island is amongst the many vacation that is popular into the Philippines. (more…)

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Genting To Set Sail for Bimini Casino with Miami Residents on Board

Genting To Set Sail for Bimini Casino with Miami Residents on Board

The Genting Group may have didn't bring a casino to Miami, but that hasn't stopped them from making use of the regional market. It would appear that if they can't create a casino in the city, Genting wants to do the following most useful thing: bring the city to their nearest casino.

Seeking Port Agreement with Miami

That's why Genting is seeking to access an agreement with Port Miami that will allow the enterprise car rental reviews company to run a cruise that is small from the port. The ship, which would be able to hold more than 1,500 passengers, would run from Miami to a casino that is new Bimini that Genting recently opened. The trip would take only about couple of hours, and would allow Genting to tap into a gambling market that is lucrative.

The move comes after Genting failed in a bid to open a casino in Miami it self. The company bought the former headquarters of this Miami Herald in 2011, hoping to construct a casino regarding the site. However, anticipated changes to convey video gaming regulations did maybe not materialize, meaning the casino project must be abandoned. Genting still plans on using the site to build a hotel and residential complex under the true name Resorts World Miami.

The contract between Genting and Miami need Genting pay about $11 million to greatly help refurbish Terminal H, which will then be used by the new ship. Over time, Genting could have that money reimbursed to them through rent credits (more…)

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$40 Million Guy Archie Karas Charged with Casino Cheating

$40 Million Guy Archie Karas Charged with Casino Cheating

Archie Karas was searching good straight back within the mid 1990s when he won $40 million. Now he is been charged as a card cheat in a California casino.

One of the entire world's many gamblers that are famous been charged with cheating and defrauding a casino; Archie Karas, now 62, who was believed to have built up $40 million in winnings over three years in the mid 1990s from a genuine $50 stake years ago only to lose it all back, was presumably caught marking cards at a blackjack table in a California casino recently.

Arrested at His House

According to authorities, Karas was taken into custody last week at his Las Vegas home. Karas will be extradited to San Diego to face charges of burglary, winning and cheating by fraudulent means. Karas may potentially confront 3 years in jail if he is convicted of all fees.

'This defendant's fortune ran out thanks to cooperation that is extraordinary many different law enforcement agencies who worked together to analyze and prosecute this case,' said Bonnie Dumanis, north park County District Attorney.

The case was opened in July, after Karas whose genuine name is Anargyros Karabourniotis had been seen on safety cameras marking cards in a blackjack game using small amounts of dye. Karas had been marking most of the cards worth ten (tens, jacks, queens and kings), also as aces, to be able to gain an advantage over the Barona Resort and Casino in Lakeside, California, which is situated inland in North San Diego County. (more…)

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