In Las Vegas, Steve Wynn is known as the father of the excess. In the late 1980s, he launched the Mirage on the Strip, a set of games. Risky at the time, the bet proved a winner. The Mirage has since been sold to MGM, but Wynn is one of the magnates of the game in Nevada and beyond.

The last weekend, Steve Wynn opened with great fanfare its new set premium, called “Encore” in Macao. The island, officially returned to China in 1999, is in full form: last year, the gaming tables have broken all records, with nearly $ 15 billion bet.

Sales are up 9.7% for the gambling industry in Macau … what dream western economies still very weak. Steve Wynn has been a hotel-casino in Macao, which provides 60% of the revenues of its group, against 40% for Las Vegas.

Obama “suffocating” growth
Precisely, it departs from Las Vegas is Steve Wynn does not like – but not really – the economic policy in his country. He said the U.S. economic policies play the role of “damper” and “kill-joys.” The U.S. government “delaying investment, delaying training, delaying the construction of a better life for citizens and that, despite the rhetoric of President Obama.”

You can almost read into the mouth of a billionaire criticism came straight from the extreme American left … It must be said that Steve Wynn is looking forward to seeing his fellow citizens out of unemployment, to refill the pockets … come and empty them into casinos.

In Las Vegas, the occupancy of its rooms are still trending down, even if he sees a slight improvement in bookings for corporate conventions, on the first months of 2010.

Wynn then turned to China without regret. Currently, he talks with Beijing and local authorities permission to build a new hotel on the Cotai Strip, the road that faces the ramp of Macao. It was on this boulevard that all new rollers from the Middle Kingdom to set foot from the onslaught of gaming tables of the island.

The financial operation of the casino on believe that elected officials worried about inside information.

It’s just a name change on the contract of delegation of public service that links the city and the group Lucien Barriere . This name is one of the walls of the casino owner who is not the hotel group GENEFIM but the company, a subsidiary of Societe Generale.

Retrieve cash

This sale of the casino walls of La Baule (and shopping) is explained by the strategy of international Barrière Group on financing its debt. He opted for the “lease-back, by which a firm owns the property sells to a leasing company that delivers it immediately available for rent. The advantage for the group is to recover the cash.

And the hotels?

Friday night, the board, it was questioned on this subject since the casino reported annually to the city subsidies. “It will affect our finances: the rent increases of 2000%, from € 83 000 € 1.8 million per year! “Noted Erwan Le Moigne, of the leftist opposition. The Mayor has reassured him saying that the rent does not the 15% of the games that the casino pays. However, Yves Métaireau shared the concerns of his opponent on the heritage of the group. “If the hotels became unprofitable, would be the Barrier Group to divest its real estate? “Are questions Erwan Le Moigne. “The only thing disturbing is that it is intended that part of what games used to invest in hotels, so we can say that there will be no investment in hotels, commented the mayor.

Recipe that goes

In recent years, the French casinos are experiencing a decline in revenues due to various parameters. On local finance, this means two years by a shortfall of 300 000 € on producing games that collects the city. “The situation of the casinos will not improve and I think that’s a recipe that goes,” concluded the Mayor.

Providing the latter asked what the future local plan has a regulation on the transformation of some hotels (including Barrier). Because the casino is one thing, palaces it is another.

The renovation of the facade of the Palace of Europe, the introduction of a thirteenth month to staff, the arrival of new slot machines, despite a decline of more than 20% of sales in two years the establishment of the Barrier Group intends to move forward. The point with Chris Jordan, head of a company of 90 employees.

“In two years, we lost a little over 20% of our business at the games. “The assessment made by Chris Jordan, president of the Casino Barrière SAS for three years, is hardly encouraging. Concerned, three factors add up: the introduction of identity checks on customers at the entrance (November 2006) then the smoking ban (1 January 2008), followed by the financial crisis Fall 2008, became a “crisis of confidence”. In 2009, gross gaming revenue is capped at 15 ME 2010 and prospects are “not very good” after a sluggish start to the year. “We continue to see deterioration in activity, which is general,” says Chris Jordan. Only consolation: “The Casino Barrière lose less than others. “In this economic environment where the jackpot is not valid, the Casino Barrière, however, continues to move forward. Through the intervention of the deputy mayor of Le Touquet, Daniel Fasquelle, the institution has obtained permission from the higher commission to install games twenty-five additional slot machines. Bringing their number from 151 to 176.

Animate Station

In crisis, the establishment that employs 90 people (including employees of two restaurants and two bars) managed hitherto to maintain the workforce. “We got adjusted, it sometimes does not replacing people when departures and downsizing seasonal,” says Chris Jordan, who adds: “We even retain our staff by the establishment of a thirteenth month progressive.

“In order to be” even more partner with the city and the economic and local associations, “the Barriere Group has decided to “do more” than what is provided in the specifications of the public service delegation (DSP) for operating the casino, renewed in 2007 for eighteen years. Besides the renovation of the facade of the building (see cons below), the Casino Barrière “help traders and associations” and has an artistic quality growing season each year. “We all agreed with the city to develop this line,” says Chris Jordan, stressing have “almost doubled the financial commitment within two years.” The number nine shows a year is maintained (Florence Foresti was added in 2009). And the headliners of the caliber of Mark Schultz and Dany Brilliant are planned for the 2010-2011 season, with as ballet dance program.

To this’ support of tourism development policy “of the station’s ties with the Casino Barriere municipality are” close “the confession of Christopher Jordan. Who expects a positive impact in the medium and long term Le Touquet and … at least one of its two casinos (the second, St. John Street, belonging to the group Partouche ).

London WPT Poker Classic, sponsored by PartyPoker . com, will be held at May Fair Hotel from August 29 to September 5, 2010

The World Poker Tour ® (WPT) and The Palm Beach Casino have partnered to launch the first issue WPT UK: London WPT Poker Classic, sponsored by PartyPoker . com. A super satellite will kick off this series of programs on Aug. 29, followed the main event £ 5,000 + £ 300 from August 30 to September 5, 2010 * May Fair Hotel, a five star hotel in heart of London’s West End. The main event will be filmed to be broadcast.

“The Palm Beach Casino is delighted to host the World Poker Tour 2010 at London,” said Simon Tomsett, head of poker tables Genting Casino London. “We expect to see players from around the world compete for this prestigious title.”

The main event will include two days of starting and will be limited to 400 players. The winner of the WPT Poker Classic London will receive the first prize money, title, WPT, WPT Champion bracelet and a place in the 2011 WPT Championship Las Vegas.

Besides the online qualifiers on PartyPoker . com, the release of the series of satellite broadcasts land will begin this summer in the poker clubs and casinos in London. More information will be communicated in a forthcoming announcement.

The Palm Beach Casino is located in the former grand ballroom Art Deco May Fair Hotel and boasts one of the largest gaming rooms in London. The casino is part of Genting Casinos UK, the first operator of casinos in Britain. For more information, visit or www.thepalmbeach.co.uk http://www.themayfairhotel.co.uk/home.

“London is a prestigious destination for poker and has always represented a major objective of our expansion,” said Adam Pliska, President of WPT. “We are delighted to partner with such outstanding partners as The Palm Beach Casino, Genting UK and The May Fair Hotel London. With the additional opportunities afforded by PartyPoker . com, here’s a WPT event eagerly awaited on the international calendar. ”

For more information and get a full schedule of tournaments WPT, visit www.worldpokertour.com.

* Dates subject to change later.

ABOUT THE WORLD POKER TOUR

World Poker Tour (WPT) is one of the names of game shows and the most recognized international brand that organizes tournaments broadcast satellite, and broadcast on the Internet and mobile phones. Major innovation in the poker world since 2002, WPT has generated genuine enthusiasm for poker around the world, with the creation of a television show, first of its kind, based on a series of tournaments with high stakes. WPT is now distributed worldwide in 150 countries and its all-new eighth season, which will be broadcast on the network of national sports channels Fox Sports Net in the U.S., is currently being filmed. The WPT also offers an online subscription unique and a poker club based lotteries, ClubWPT.com, which is present in 38 U.S. states. WPT takes advantage of strategic opportunities to license brand partnership and sponsorship open to it. WPT is a subsidiary of PartyGaming Plc. For more information, visit www.worldpokertour.com.

About Palm Beach Casino / Genting Casinos UK

The Palm Beach Casino offers a very sophisticated gaming environment for players of all levels and experiences. The Palm Beach Casino is part of Genting Casinos UK, the first British company to operate casinos. Genting UK, which operates under the name of Genting Casino, has three key brands nationally Circus, Maxims and Mint. Circus is for the mass market, with 12 locations, Maxim’s high-end clientele, with 8 sites, and Mint target more passionate and has 20 sites.

The text of the communiqué from a translation should in no way be considered official. The only version of faith is that which makes the statement in its original language. The translation must always be confronted with the source text, which will set a precedent.

The old lady is doing well but had a few wrinkles. We had to react. Since December 18 and for a period of one year, the Casino Barrière de Saint-Raphael is under construction. And parallel to the slot machines operating at full capacity, the facility had still managed to accommodate its customers, planning the new layout is on schedule.

Jean-Raymond Castaldi, CEO of the casino, agrees: “This expansion, it’s heavy! . In financial terms first, with 1.8 Me investment in terms of work then a succession of destruction, reconstruction and improvements which suggests that the local structure plans to carve out a promising niche, that of a city ??where entertainment is an integral part of the local economy, both locals and tourists.

For now, the entrance of the facility is undergoing renovation. While an emergency entrance has been placed at the bottom of the casino, the main pillars of the front entry were removed to make way for a metal leaving a wide space for the future home. The huge palm tree, near the staircase was moved three feet to facilitate this new entrance will provide access to new rooms, they also relieved of their pillars, enlarged and decorated. This access to the sea will also be fully adapted to the standards for people with disabilities, including an outdoor elevator that should work as early as December.

The restoration will take more space

Inside the loft was removed, walls are being slaughtered and the current restaurant and bar will be replaced with new games. Soon will rise much more spacious restaurant, a hundred seats in total, overlooking the old port. The room will be completely redone in polished concrete, wood and glass. It should be opened in October.

The other major project is to open a second restaurant in the basement. Why the casino has had to acquire the stores that currently operate there, including the restaurant “Les Ambassadeurs”. What revolutionize the neighborhood and give it new momentum. For the director, “it is clear that the Barrier Group is committed to a casino even bigger and more modern. ” More space and gaming machines, the facility currently number 158, while opening up new sites soon to compete in the Internet, it must be judged at the end of the year if the bet is successful

We can trust the team of the Casino Port La Nouvelle to listen to news and innovations in order to always satisfy its customers. So this Friday, April 30, we were able to discover the latest configuration of the slot machine room.

First major change, the gaming tables are found in the middle of the hall slot machines. Friendliness and chill covered.

Second big change and not least the arrival of a new machine last generation and Casino is one of the first French settlements in the offer to its customers.

The Hillbillies is a video machine, on the theme of minors in the U.S.: “You will be trained on an exhilarating odyssey to celebrate the culture of mountain people with Billy the Hillbilly. With four unique features three progressive jackpots and an exciting game.”

Third change: installing three new video slots reels.

Fourth change to the delight of lovers of video poker: a space specially dedicated to them.

Not to mention the staggering sum of Magic Casino Jackpot over five million euros! And to celebrate this new hall, most recently, the slot machine “Tower” has won a jackpot of a chunk.

Bern (ots) – Since opening in the years 2002/03, Swiss casinos have paid to 3,400 million francs in taxes. Of this amount, 2,700 million francs were paid to the AVS, 500 million francs to the cantons and 200 million francs were paid by way of income taxes. For the Swiss casinos can continue to operate successfully, they want to be able to compete on equal terms in the competitive war between them gambling on the Internet. They also need to know clearly the strategy of the Federal Council on gambling for the period after the expiry of concessions in 2022. This was said Monday Daniel Frei, President of the Swiss Casino, at a press conference in Bern. Gross proceeds from the Swiss casinos fell 5.6 percent in 2009, due to the prohibition of smoke and the difficult economic situation.

Daniel Frei, President of the Swiss Casinos (FSC), drew a record seven years after the opening of casinos in Switzerland. He noted that casinos are now a key sector of the leisure industry and stressed the economic importance of gambling: each year, they pay almost half a billion francs in tax, which comes mainly in the coffers of the AVS. Since opening in the years 2002/03, Swiss casinos have paid the state more than 3.4 billion francs, of which 2.7 billion to the AVS, the cantons and 500 million 200 million in taxes on profits.

The long-term evolution of the industry of gambling is strongly influenced by technological innovations. The Internet provides today already offer gambling in any place and any time – but without any control. Games of chance offered at casinos are in turn subject to strict controls prescribed by law. The FSC therefore requires the Council to establish federal regulations relevant also for the electronic games of chance, respectively, to ensure that all suppliers are on an equal footing. To ensure long-term investment in the casino business, it is important to know already now what will be after 2022 the Federal Council’s strategy regarding casinos. Running a casino requires a lot of capital and investments are fixed over time. In addition, the FSC rejected the popular initiative “For gambling to serve the common good” from the Loterie Romande and supports the cons-planned project of the Federal Council.

The gross gaming casinos in Switzerland fell 5.6% in 2009. The decline is attributable to smoking bans and the cantonal economic hardship.

A decrease of 6% of gross gaming casinos has been recorded during the first six months of fiscal 2009/2010.

After two years in “sharp decline”, combining a decline of nearly 18%, the decline in gross gaming revenue (GGR, difference between the players and put their earnings) observed from 1 November 2009 to 30 April 2010 on more than 170casinos ( on 197installés in France) came to 6%, reported yesterday, the three unions. GGR of 2008-2009 all the casinos had already declined 9% to 2.3 billion euros. “Hopes fade little by little, the impact of the smoking ban (since 1 January 2008) are disappointed, while institutions have invested heavily in the provision of games and for the renovation sites, are the casinos. The profession also finds that the number of entries in the casinos is also suffering a decline. It involves “the impact of offers of online gambling sites legal and illegal.”

Impact on the finances of the municipalities concerned

“The economic contribution of casino to finance national and local (almost 56% of GGR in 2009) is very important and the casinos are often the main source of income and entertainment stations where they are located,” says the profession. The decline in casino revenue is reflected, in fact, directly on the budgets of 182communes friendly casinos (some of them home in two), since they have received 445millions euros of tax revenue in 2009 from casinos, the state garnering, meanwhile, 1.5 billion euros. In October2008, before the initial findings of the deteriorating situation, occupation, recall the three trade unions, had requested several measures to support government, whose primary (10% reduction on levies imposed by the state) , “has not yet been satisfied.”

17,000 direct jobs

“Protecting 17.000emplois direct depends on rapid adaptation of the taxation of casinos, no company can support three years during a downturn as important, ‘the unions.

Deauville: The board voted to renew the authorization of gambling.

Owns the housing complex which is located in the Casino Barrière de Deauville, the hotel and casino company Deauville (SHCD) informed the city of its intention to sell the casino to several appropriations donor whose company is the leader GENEFIM file as part of an operation to “lease-back. The city has signed a tripartite agreement to this effect.

DEPENDENCE | In Switzerland, about 30,000 people are addicted to the game’s Latin cantons will address the wrong.

Speaking cantons, the Ticino and the Bernese Jura want to fight against gambling addiction A poster campaign will be launched in the next 17 to 23 May and a free helpline will answer questions. In Switzerland, 120,000 people are considered problem gamblers.

This issue is a taboo subject, which often remains hidden, contacted Wednesday Program Intercantonal fight against gambling addiction (PILDJ). Yet one in five people knows someone in his entourage who encounter problem gambling and is estimated at 30,000 the number of addicts in Switzerland today.

If the game is fun for 98% of the population, for some the game has also become a compulsive act. Pathological gamblers consult on average only five years after the initial difficulties and present social situations, and financial health very serious. Not less than 92% of players who are in debt consult a quarter of them are divorced or separated and 93% of the game is causing the loss of their jobs.

Switzerland is the country that has so far the highest density of casinos in Europe. In addition, lottery games and paris, the success of Texas hold ‘em poker and connectivity to the Internet reinforce this important offer for gambling.

This prevention campaign on gambling will be launched in three languages ??throughout Latin Switzerland. The telephone line 0800 801 381, free and anonymous, available 24/24, answer all questions related to gambling. Applications for support are directed to specialized centers of each canton. A website is also available.

The PILDJ is a program of six speaking cantons, funded by a portion of the tax of 0.5% of gross gaming revenues (GGR) on business of lotteries and sports paris. This fund is entirely for the prevention and fight against gambling addiction in the townships. The cantons of Bern and Ticino have also decided to join the campaign.