Oakland Raiders Get New Stadium Proposal in Bay Area

Oakland Raiders Get New Stadium Proposal in Bay Area

The Oakland Raiders are set to pack their bags for Las Vegas, but one private investment company is hoping to convince the storied franchise to stay put in California.

Mark Davis would like to move their Oakland Raiders to Las Vegas, but investors in the Bay Area are hoping he reconsiders.

Fortress Investment Group, a publicly exchanged investment management firm based in ny City, is working together with former NFL celebrity and Hall of Fame member Ronnie Lott to preserve the Raiders in the Bay Area. This week, the company resubmitted plans up to a create a new stadium that is 55,000-seat keep owner Mark Davis in town.

The proposal is rumored to cost $1.3 billion, and you will be funded through Fortress putting up $600 million, the NFL and Raiders investing $500 million, and the populous City of Oakland funding $200 million. The football that is pro confirmed to media outlets that it had received the submission.

The group that is same presented a similar proposition, but the NFL rejected it on grounds that more information had been required.

Vegas Calls Bluff

The local government largely seems to support the Oakland Raiders coming to the Mojave Desert while there are plenty of Las Vegas locals who are less than enthused about the possibility of an NFL team calling the town home.

Nevada has committed $750 million to building a 65,000-seat domed stadium just steps from the Strip. The cash will have raising the hotel occu ادامه خواندن “Oakland Raiders Get New Stadium Proposal in Bay Area”

Atlantic City Casinos Win Again Thanks to Online Gambling, Atlantic Club Sold

Atlantic City Casinos Win Again Thanks to Online Gambling, Atlantic Club Sold

Atlantic City gambling enterprises are when again thoroughly enjoying counting their monthly income bounty. So when had been the instance in previous months, in February it was gambling that is online kept the seven remaining land-based venues in the black.

Originally known as the Golden Nugget and famed for its commercials starring owner Steve Wynn (left) and Frank Sinatra, the Atlantic Club is poised for yet another makeover after on the market week that is last.

Total gaming win for February came in at $205.36 million, a feeble 0.3 percent gain set alongside the $204.7 million Atlantic City collected in the same month in 2016. Nevertheless when the shuttered Trump Taj Mahal’s previous 12 months take is eliminated, the nevertheless in business resorts were up 6.6 per cent.

And that is only due to on the web gambling where New Jersey residents offered $18.7 million to casinos, a nearly 27 percent year-over-year increase. Table games had been down at the brick-and-mortar gambling enterprises, but slot play win was up 1.5 percent.

Borgata yet again led the way with almost $62 million in casino and internet gaming win. Tropicana came in a distance second with $31.5 million.

AC Adapters

Five casinos have closed since 2014, but the ‘Gambling Capital of the East Coast’ happens to be in the middle of finding some sort of brand new norm. Gaming profits have stabilized, and there is a bit of enthusiasm o ادامه خواندن “Atlantic City Casinos Win Again Thanks to Online Gambling, Atlantic Club Sold”

Michigan Launches Fresh On The Web Gambling Push But Path to Regulation Is Tough

Michigan Launches Fresh On The Web Gambling Push But Path to Regulation Is Tough

Michigan Senator Mike Kowall delivered legislation this week that would authorize online gambling in their state.

Kowall’s SB 203 ‘must include, but need not be restricted to, poker,’ and, if passed, would permit just Michigan’s commercial casino operators and federally recognized tribes already conducting gaming operations to apply for licenses.

Senator Mike Kowall was accountable of overoptimism in previous about his gambling that is online legislation Michigan. the getting tribal operators to just accept its terms will be a big hurdle.

Kowall has form that is previous. Last year, he introduced a bill that is similar ended up being overwhelmingly authorized by the Senate Regulatory Reform Committee before disappearing without a trace.

Kowall has also proved himself to be something of an optimist when it comes to evaluating the reality of success of his gambling that is online legislation.

His confidence was misplaced year that is last he would excel to adopt a more cautious line this year.

The the fact is, there are numerous hurdles along the road to legislation in Michigan.

Hurdles Ahead

Like last year’s legislation, as an example, Kowall’s current bill is big on interstate liquidity sharing. But Gaming Control Board deputy director David Murley said at last 12 months’s Senate hearing that this facet of the bill ‘raises significant legal and policy questions’ that would ‘need to be very carefull ادامه خواندن “Michigan Launches Fresh On The Web Gambling Push But Path to Regulation Is Tough”