Grand Belize Entertainment Group plans to build a resort in the country combining a land based casino complex with a branded online gaming experience. The project will consist of up to 700 slot machines and 25 gaming tables, and will also have private gaming areas and mobile gaming facilities in the resort’s restaurants and lounges. Guests in the casino resort or online players worldwide will both be able to win and redeem points and use promotional offers either at the casino or online, a concept the company claims is the first of its kind. The grand opening of the casino resort is scheduled for 2015. The project will consist of a 300,000 feet complex with 200 guest rooms and suites, a spa, duty free retail center and up to 700 slot machines and 25 gaming tables.
Monthly Archives: January 2014
Poor and desperate Zimbabweans hang out in Harare’s crowded low-end betting halls, placing stakes as little as U.S. 20 cents on world soccer matches and international horse and dog races with fervent hopes of getting quick returns on their bit of cash. The gambling intensified in January, when many families were cash-strapped after year-end spending and children’s school fees were due. Many short of cash responded by flocking to Harare’s downtown licensed betting shops in search of a windfall. Five new betting agencies opened in the capital in the past year, frequented primarily by poor men.
Sports betting technology provider Offside Gaming has expanded its deal with Worldstar Betting Uganda on a new mobile offering for feature phones. Offside already supplies online and mobile technology for Wolrdstar’s 70 betting shops in Uganda, but the new offering supports the Opera Mini browser that is believed to power an estimated 200m feature phones across the continent. While operators in Europe and other developed markets have focused their development efforts on smartphones, BetTech Gaming CTO Ian Barnes has described feature phones as “the main if not only connection to the digital world” for hundreds of millions of Africans. Offside’s new mobile product plans to offer at least 100 live sporting events on a daily basis.
An investor in a Macau casino-hotel that was seized in December over a debt has now been ordered to pay rival casino operator Venetian Macau Ltd HK$83.16 million (US$10.7 million) for unpaid gambling loans. Chen Mei Huan, also known by the Cantonese-derived name Chan Mei Fun was ordered on Monday to pay the sum, including interest, by the High Court in Hong Kong. At one point Ms Chen’s name was linked with a possible initial public offering in Hong Kong for a Macau gaming company and even a Cotai casino project. But in the past 18 months mainland-born Ms Chen has been dogged by litigation and debt. Until recently she was involved in running the New Century Hotel, Taipa.
The total buildable area for five-star hotel space at the City of Dreams casino resort on Cotai is to expand by 47 percent according to a Macau government announcement yesterday. The constructible area for such accommodation will rise from 372,764 square meters (4.01 million sq feet) to 546,744 square meters, says the Official Gazette. Provision of extra hotel space in a market with 29.3 million visitors last year but only 22,000 rooms is seen as a key driver of gambling and shopping revenue. People that stay overnight normally spend much more than day-trippers according to Macau government data.
The police say travelers can expect to take 40 minutes getting through the Gongbei border post during peak periods over the Lunar New Year holidays… expects the number of people crossing the border in Gongbei over the holidays to be between 7 percent and 9 percent higher than normal… up to 2.7 million people to use the border crossing, Macau’s busiest.
President Xi Jinping has extended Lunar New Year greetings to Chinese people at home and abroad ahead of the traditional Spring Festival, which falls on Friday. Xi sent greetings to Chinese of all ethnic groups, both in China and overseas, and compatriots from Hong Kong, Macao and Taiwan while extending his wishes to local herdsmen in Xilingol League in north China’s Inner Mongolia Autonomous Region. “I wish good health, happiness for you and your families and may all go well with you,” Xi said. Xi said that he hopes the Chinese will continue to work hard and strive for prosperity and a better life.
Chinese people prefer a tone of optimism during Spring Festival, China’s celebration of lunar New Year, but the year of horse, off and running on Friday, is kicking up some dust. In the 12-year cycle of the Chinese zodiac, the horse symbolizes courage and strength, persistence and hardship. The horse has been the anchor of people’s endeavors to surpass their physical limitations since ancient agrarian times. This year is also known as “Jiawu” according to a traditional Chinese system, with 10 heavenly stems are used as serial numbers in combination with 12 earthly branches designating years, months, days and hours. The system is believed to have been used as early as the Shang Dynasty (17th Century B.C.-11th Century B.C.), the second dynasty of Chinese history. As the system rules, every 60 years make an era, which is long enough to leave much space for reflection among Chinese, over the centuries.
Canadian punters are still not allowed to place wagers on one of America’s biggest sporting events legally that is. The Canadian laws regarding sports betting online have not been changed to reflect the reality that thousands of Canadians like to watch and bet on the SuperBowl football match scheduled for this Sunday in New Jersey. Supporters of sports betting reform in Canada are again turning up the heat as Bill C-290, the sports betting legislation proposal to legalize single game bets in Canada is once again ready to debate in the Upper House of the Canadian parliament… Efforts by the various sporting organizations such as the National Football League and others put some doubt into Senators minds as to the safety of such a move by lawmakers. They argued that single event betting on sports would bring in corruption and destroy the integrity of sports in North America. Brian Masse, the MP for Windsor-West and lead sponsor of Bill C-290, commented, “They need to deal with the fact that the House of Commons, the elected members of this country, voted in favour of creating a law to allow single-event sports betting to exist in provinces that choose that.”
B.C.’s Lottery Corporation has lost its president and chief executive officer to the public sector. The Crown corporation responsible for gambling hired Michael Graydon for the job in March 2008. About a year and a half earlier, it terminated its CEO after an Ombudsman’s report concluded the corporation was at risk for potential retailer fraud. Board of directors chairman, Bud Smith says under Graydon’s leadership the corporation has increased its revenue by $235 million and significantly expanded its social responsibility programs. The board has hired Jim Lightbody, the corporation’s vice-president of casino and community gaming, as the interim president and CEO, and he will assume the position immediately.