Jun 13 2017

Caesars Uses Closure

Roulette wheels were encased. Gaming chips were locked up. Caesars was an eerie place. Thursday with its banks of slot machines turned on as if ready for gamblers who wouldn’t be coming.

The $15 million Palace East Asian gaming area – just opened last week – resembled a museum piece. Carol and Charlie Yeager, both 57-year-olds from Philadelphia, couldn’t valet-park their car at the Hilton because staff was laid off due to a steep decline in occupancy.

The Hilton kept two restaurants open, including one gourmet room. Noncasino restaurants such as P.F. Chang’s in The Quarter at Tropicana remained open, a boon to Frank and Kim Izzi of Washington Township, in town with 14-year-old daughter Sam, and baby Gabriel.

Donna Lamaine, of Riverton and Atlantic City, said The Borgata resembled a ghost town Thursday, so she shopped at the Pier at Caesars. The bus company that brought them to Atlantic City refused to pick them up with the casino closed. Russo said: “This won’t keep me from coming back. It’s the only game in town.”…

Jun 8 2017

The Gambling Eden Of Asia

Marina Bay Sands and Resort Casino, the first ever casino in Singapore, will be constructed in downtown Marina Bay. The largest casino firm by market value, Las Vegas Sands, has bested three other casino industry rivals to win the casino deal.

Right now, Las Vegas Sands is in the final design of the US $3.6 billion facility. The construction of hotel towers, game arcades and three hundred convention rooms will start in the latter part of the year and it is expected to open in 2009.

According to Prime Minister Lee Hsien Loong last April, the projected casino is a reversal of a ban on casinos. With the new casino, Singapore will have the same buzz as London, new York and Paris.

The casinos plan to employ ten thousand people and will create twenty thousand jobs in other industries, but the possibility of an increased number of job oportunities does not appeal to all Singaporeans.

Christians and Muslims had made publicly known their concerns about the negative effects of gambling in the society.

To counter the possible gambling addiction, a national council to handle problem gambling has already been set up. They also plan to implace a levy of SIN $100 entry fee or $2,000 annually. The levy might be helpful to curb or prevent the possible problem gambling addiction in Singapore that are experiences in other parts fo the world.

Presently the gambling industry of Asia is now valued at US$ 14 billion annually and this figure is expected to grow as South Korea, Macau, Vietnam and the Philippines plan to expand their land based casinos.…