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Adelson Casino Wages Ad War Against Pennsylvania VGT Expansion

Adelson Casino Wages Ad War Against Pennsylvania VGT Expansion An aggressive $1 million marketing campaign backed by Sheldon Adelson, chairman and CEO of Las Vegas Sands, is attempting to block legislation in Pennsylvania that would allow video gaming terminals (VGTs) in truck stops, restaurants, pubs, and off-track betting facilities. Billionaire casino magnate Sheldon Adelson is funding group to fight proposed legislation that threatens his hold on gambling activity in the Keystone State. Adelson’s Sands Casino Resort Bethlehem is leading the battle against House Bill 1010, which would permit certain establishments to install VGTs real-money that is offering, poker, as well as other casino games. You can find presently nearly 27,000 VGTs in Pennsylvania, most of them in the state’s 12 casinos. The number could more than double if HB 1010 passes. John Cunnane, a Wall Street video gaming and leisure analyst for Stifel Investment Services, told the Allentown Morning Call that this kind of expansion of VGTs and authorized locations that are VGT could harm founded gaming facilities. ‘That’s an insane number of vgts, and we’ve heard of impact that’s had on gambling enterprises in places like Iowa and Illinois,’ Cunnane said. ‘It won’t cause a mass exodus from casinos, but they will feel the pain, no doubt.’ Media Wars Through Sands Casino Resort Bethlehem, Adeslon gave $1 million to Pennsylvanians For Responsible federal Government (PRG), a newly created lobbying company creati […]

By | March 16th, 2020|Online Casino Real Money No Deposit Australia|0 Comments

Crown Resorts Looks to offer Las Vegas Property for $400 Million

Crown Resorts Looks to offer Las Vegas Property for $400 Million Crown Resorts desires to produce a deal for its vacant acreage regarding the Strip simply north of Fashion Show Drive in Las Vegas, but only for the right price. Crown Resorts is attempting to sell its land that had been said to be the home of Alon Las Vegas, plus the home comes with some instead prominent neighbors. In late 2016, Crown announced it ended up being abandoning Alon, a planned casino that is 1,100-room across from Wynn Las vegas, nevada. The Australian hospitality and entertainment conglomerate happens to be looking to offer the 34.6 acres where the project was become built for $400 million. And the massive listing price has a caveat: the client is actually just getting ownership in 18.4 acres, due to the fact remaining 16.2 comes an element of the package through a lease. Meaning each acre completely bought is being sold at $21.7 million. CBRE Group, a realty firm that recently executed the Las Vegas Raiders’ land acquisition, is listing the property. The commercial realtor says the Alon location warrants the cost. ‘This is certainly one of the very exciting properties to become available in nevada in a very long time,’ CBRE broker John Knott said in a press release. Crown Resorts’ biggest shareholder continues to be its founder, James Packer. The billionaire resigned from serving as chairman in August of 2015, but remains a director that is active. Crowning Achievement Should Knott be able to f […]

By | March 16th, 2020|Online Casino Real Money No Deposit Australia|0 Comments
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