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

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

Maryland Live is once again the casino that is top the state following the Arundel Mills resort generated more gaming revenue during the month of February than its new rival MGM National Harbor.

Maryland Live, billed as the family friendly casino when compared with MGM National Harbor, saw the most gambling money come through its doors during February.

Collectively, their state’s six casinos pulled in $128.7 million in gross gaming win, Maryland’s second-best all-time performance. The record mark arrived in December after the opening that is grand of Harbor led to a win of $133.5 million.

Maryland Live’s revenue totaled $46.29 million last month, 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 earnings, with Horseshoe Baltimore coming in a distant third with $22 million.

Three smaller regional gambling facilities, Hollywood Casino Perryville, Rocky Gap Casino Resort, as well as the Casino at Ocean Downs, posted a combined $14.6 million.

The Cordish Companies, the parent organization of reside that is headquartered in Maryland, credited its ‘family approach’ for the home retaking the spot that is top. The group also says being locally owned allows it to provide a better experience to customers, in what’s certainly a slight jab at MGM in a statement.

Mixed Results

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

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

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

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

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

Nationwide Harbor Underwater?

MGM’s casino that is latest to start in america was downright packed during its opening month. The resort asked visitors that are would-be stay away unless that they had a reservation.

Just 90 days later, enthusiasm and excitement has seemingly calmed.

In the opening weeks, a nightly stay at the resort ran between $399 and $599. But midweek rates are now as low as $229, though weekends are nevertheless in the prior range.

MGM likely isn’t too focused on the February gaming report. 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 only gamblers but also visitors to the country’s capital.

Casino Bus Crash Kills Four, Charter Safety Concerns Continue

A casino bus 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 struck when an approaching train collided with the charter vehicle. (Image: Kevin McGill/Associated Press)

The event occurred in Biloxi following the coach reportedly became stuck while wanting to get a cross train tracks. Moments later, a freight train traveling at boosts to 45 MPH collided with the bus and pushed it some 300 foot before coming to a stop.

According to local reports, the coach was touring regional casinos in Mississippi and Louisiana.

During the time for the crash, the bus was traveling from the Hollywood Gulf Coast Casino in Bay St. Louis to the Boomtown Casino in Biloxi. That is about one hour’s drive east.

The weeklong excursion was organized by a senior citizens’ center in Texas. While investigators say it’s not immediately clear if the bus incurred technical problems, the area where the accident happened has road signs warning drivers of low ground clearance.

The names of this victims, and whether the motorist was one of the fatalities, was not released.

Charter Gambling

The casino bus crash comes lower than five months after a California gambling trip ended in tragedy. In October, 13 people aboard a tour coach had been killed after the driver slammed into the back of an 18-wheeler semi-truck on Interstate 10 near Palm Springs.

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

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

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

Growing Concern

After fall that is last tragedy in California, the National Transportation protection Board (NTSB) confirmed that the rise of casino bus accidents was a severe 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 passengers. But fatalities aboard chartered busses continue to be relatively uncommon compared to 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 deaths.

The NTSB is in Mississippi to investigate this week’s crash. Straight Back home at its Washington, DC, headquarters, the agency is attempting to determine if more stringent oversight of bus charter companies becomes necessary.

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

‘Our investigators found that oftentimes, the poor company that is performing on FMCSA’s radar for violations, but ended up being permitted to continue operating . . . until they had life-threatening crashes,’ the NTSB stated at the time.

Former US Secretary of the Interior Salazar Warns Connecticut Over Satellite Casino

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

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

Salazar, that is a paid up consultant for MGM Resorts International, 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 Casinos in south Connecticut, which may cost the state billions within the run that is long.

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

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

MGM has made no secret of the truth that it expects a large portion of footfall for its 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 two tribes, understood collectively as MMCT, to run the state’s first ever casino outside tribal lands. The tribes would be the only entities permitted by law to operate casinos in their state.

MGM has sued Connecticut on the grounds that this is unconstitutional as well as in violation of the Commerce Clause as it bars rivals that are out-of-state competing to produce gambling enterprises into the state, discriminating, claims MGM, in favor of the two tribes.

The casino giant also attempted to obtain an amendment added to a federal defense bill that would have prohibited indigenous American tribes from operating gambling enterprises in their home state outside their reservations however it had been scuttled by vigilant congressman from Connecticut.

But the question of legality lingers, and week that is last Malloy requested that the state AG George Jepsen prepare a formal viewpoint regarding the legal ramifications of the proposition and to assess the odds of MGM successfully blocking it into the courts.

Substantial Danger

Salazar’s intervention on behalf of MGM, then, is well-timed. Writing in an open letter addressed to Malloy, dated March 7, he writes that the 25 % revenue share that has existed between the state therefore the tribes for just two years is going to be threatened, despite the reality that MMCT has proposed amendments towards the agreements that would guarantee the payments to your state will never stop.

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

‘Based on that experience ( as well as on my work on Native American legal issues), in my opinion there is a substantial danger that the tribe’s proposed amendments wouldn’t normally receive the requisite approval, in which case Connecticut’s entitlement to the 25-percent income stream may likely terminate.’

AN MMCT spokesman ended up being unmoved by the articles of the letter. ‘MGM is willing to pay anyone and everyone else to stop our project from moving forward because they know our proposal is going to keep revenue and jobs in Connecticut,’ he stated.

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

Glenn Straub claims once you come to New Jersey, business owners ‘have to take all your clothes off’ and allow the state to take advantage that is full. ‘They do not understand just how to perhaps not rape you,’ he opined.

Glenn Straub (middle), seen right here at a Casino Control Commission meeting last month, is new to Atlantic City, but that does not suggest 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. Talking aided by the Associated Press, Straub lambasted the government and casino regulators in the Garden State.

Asked why he isn’t willing to play by the rules which have been set forth, such as taking part in the program that is PILOT re 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 Revel that is shuttered Atlantic, a resort that cost $2.4 billion to construct, for $82 million in bankruptcy court. But since his acquisition nearly two years ago, the businessman has engaged in a few fights with the state’s Casino Control Commission (CCC) and Atlantic City’s local leaders.

Straub argues he doesn’t require a casino license since he’s going to be leasing his gambling floor to a third-party that is presently in the act of obtaining a CCC permit.

But that doesn’t stick to Atlantic City laws. Morris Bailey received a license on his behalf for their Resorts Casino despite also hiring a vendor to operate the video gaming space.

Layers of Bureaucracy

Straub’s frustrations aren’t out from the norm regarding doing business in Atlantic City. The beachfront gambling town is infamous for the complicated environment that is regulatory.

The Casino Control Commission, Division of Gaming Enforcement, and Casino Reinvestment Development Authority are all involved in licensing properties, but incoming owners are often confused as to which agency is actually in control. Muddying the process may be the known fact that the town it self is responsible for building inspections and infrastructure jobs.

Mayor Don Guardian (R) happens to be trying to assist owners navigate the burdens that are complex. The controversial mayor who is during the center associated with the state’s takeover for the neighborhood federal government claims he routinely meets with owners who have invested at the very least $1 million in the city.

 

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