Borgata Hotel Casino And Spa
Borgata Hotel Casino & Spa is a hotel, casino, and spa in Atlantic City, New Jersey. It is owned by Vici Properties and operated by MGM Resorts International. The casino hotel features 2,798 rooms and is the largest hotel in New Jersey. Borgata opened in July 2003 and is the top-grossing casino in Atlantic City. History Borgata was part of a major project in Atlantic City nicknamed "The Tunnel Project", started around 1999. When Steve Wynn planned the List of Atlantic City casinos that never opened#Le Jardin, Le Jardin in Atlantic City, he wanted to connect a $330 million tunnel from the Atlantic City Expressway to the new resort, later named the Atlantic City-Brigantine Connector, which would funnel incoming traffic off the Atlantic City Expressway into the city's marina district. This caused major controversy, as it would cut through a residential neighborhood; competitor Donald Trump sued Wynn for it saying that it was a "driveway" to Wynn's casino. The Tunnel Project did p ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Tuscany
Tuscany ( ; it, Toscana ) is a Regions of Italy, region in central Italy with an area of about and a population of about 3.8 million inhabitants. The regional capital is Florence (''Firenze''). Tuscany is known for its landscapes, history, artistic legacy, and its influence on high culture. It is regarded as the birthplace of the Italian Renaissance and of the foundations of the Italian language. The prestige established by the Tuscan dialect's use in literature by Dante Alighieri, Petrarch, Giovanni Boccaccio, Niccolò Machiavelli and Francesco Guicciardini led to its subsequent elaboration as the language of culture throughout Italy. It has been home to many figures influential in the history of art and science, and contains well-known museums such as the Uffizi and the Palazzo Pitti. Tuscany is also known for its wines, including Chianti, Vino Nobile di Montepulciano, Morellino di Scansano, Brunello di Montalcino and white Vernaccia di San Gimignano. Having a strong linguisti ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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The Water Club
Borgata Hotel Casino & Spa is a hotel, casino, and spa in Atlantic City, New Jersey. It is owned by Vici Properties and operated by MGM Resorts International. The casino hotel features 2,798 rooms and is the largest hotel in New Jersey. Borgata opened in July 2003 and is the top-grossing casino in Atlantic City. History Borgata was part of a major project in Atlantic City nicknamed "The Tunnel Project", started around 1999. When Steve Wynn planned the Le Jardin in Atlantic City, he wanted to connect a $330 million tunnel from the Atlantic City Expressway to the new resort, later named the Atlantic City-Brigantine Connector, which would funnel incoming traffic off the Atlantic City Expressway into the city's marina district. This caused major controversy, as it would cut through a residential neighborhood; competitor Donald Trump sued Wynn for it saying that it was a "driveway" to Wynn's casino. The Tunnel Project did progress, even after Le Jardin was cancelled, and finally op ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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888casino
888casino, formerly Casino-on-Net, is an online casino founded in 1997 and based in Gibraltar. It is one of the Internet's oldest casinos, and in 2013 it became the first exclusively online casino to be licensed in the United States. History ''Casino-on-Net'' was established by brothers Aaron and Avi Shaked along with partners Ron and Shay Ben-Yitzhaq, also two brothers, in 1997. Aaron Shaked claims to have come up with the idea of the online casino while attending a dentistry conference in Monte Carlo. In 1994, the Free Trade & Processing Zone Act was passed in Antigua and Barbuda, opening the way for the development of legal online casinos. ''Casino-on-Net'' was re-branded as ''888casino'' in 2010 to unify the look and feel with other 888 brands. By 2015 the site was licensed and operating in Gibraltar, New Jersey, Denmark, Spain and a number of other countries and territories. In 2015, ''Gaming Intelligence'' magazine described 888casino as "the only truly pan-European casino. ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Craps
Craps is a dice game in which players bet on the outcomes of the roll of a pair of dice. Players can wager money against each other (playing "street craps") or against a bank ("casino craps"). Because it requires little equipment, "street craps" can be played in informal settings. While shooting craps, players may use slang terminology to place bets and actions. History In 1788, "Krabs" (later spelled crabs) was an English variation on the dice game hazard (also spelled hasard). Craps developed in the United States from a simplification of the western European game of hazard. The origins of hazard are obscure and may date to the Crusades. Hazard was brought from London to New Orleans in approximately 1805 by the returning Bernard Xavier Philippe de Marigny de Mandeville, the young gambler and scion of a family of wealthy landowners in colonial Louisiana. Although in hazard the dice shooter may choose any number from five to nine to be his main number, de Marigny simp ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Sports Betting
Sports betting is the activity of predicting sports results and placing a wager on the outcome. The frequency of sports bet upon varies by culture, with the vast majority of bets being placed on association football, American football, basketball, baseball, hockey, track cycling, auto racing, mixed martial arts, and boxing at both the amateur and professional levels. Sports betting can also extend to non-athletic events, such as reality show contests and political elections, and non-human contests such as horse racing, greyhound racing, and cockfighting. It is not uncommon for sports betting websites to offer wagers for entertainment events such as the Grammy Awards, the Oscars, and the Emmy Awards. Sports bettors place their wagers either legally, through a bookmaker/sportsbook, or illegally through privately run enterprises referred to as "bookies". The term "book" is a reference to the books used by wage brokers to track wagers, payouts, and debts. Many legal sportsbooks ar ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Sportsbook
In the United States, a sportsbook or a race and sports book (sometimes abbreviated as book) is a place where a gambler can wager on various sports competitions, including golf, football, basketball, baseball, ice hockey, soccer, horse racing, greyhound racing, boxing, and mixed martial arts. The method of betting varies with the sport and the type of game. In the US, the Professional and Amateur Sports Protection Act of 1992 allowed only Nevada, Oregon, Montana, and Delaware to legally wager on sports other than horse racing, greyhound racing, and jai alai; the law was ruled unconstitutional on May 14, 2018, freeing states to legalize sports betting at their discretion. Winning bets are paid when the event finishes, or if not finished, when played long enough to become official; otherwise all bets are returned. This policy can cause some confusion since there can be a difference between what the sportsbook considers official and what the sports league consider official. Custo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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World Poker Tour
The World Poker Tour (WPT) is an internationally televised gaming and entertainment brand. Since 2002, the World Poker Tour has operated a series of international poker tournaments and associated television series broadcasting playdown and the final table of each tournament. The most prominent of World Poker Tour events belong to the WPT Main Tour. The WPT Main Tour focuses on the buy-in range of $3,500-$25,000, and winners of official WPT Main Tour events are awarded a membership to the WPT Champions Club. The WPT Champions Cup is the trophy awarded to all winners of WPT Main Tour events, and champions have their names engraved on the Cup. Business The World Poker Tour was started in 2002 in the United States by attorney/television producer Steven Lipscomb, who served as CEO of WPT Enterprises, Inc. (WPTE). In November 2009, PartyGaming announced its acquisition of the World Poker Tour for $12.3 million. In 2011, PartyGaming merged with bwin to form bwin.Party Digital Entert ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Borgata Slots, Atlantic City, Feb 2016
Borgata Hotel Casino & Spa is a hotel, casino, and spa in Atlantic City, New Jersey. It is owned by Vici Properties and operated by MGM Resorts International. The casino hotel features 2,798 rooms and is the largest hotel in New Jersey. Borgata opened in July 2003 and is the top-grossing casino in Atlantic City. History Borgata was part of a major project in Atlantic City nicknamed "The Tunnel Project", started around 1999. When Steve Wynn planned the List of Atlantic City casinos that never opened#Le Jardin, Le Jardin in Atlantic City, he wanted to connect a $330 million tunnel from the Atlantic City Expressway to the new resort, later named the Atlantic City-Brigantine Connector, which would funnel incoming traffic off the Atlantic City Expressway into the city's marina district. This caused major controversy, as it would cut through a residential neighborhood; competitor Donald Trump sued Wynn for it saying that it was a "driveway" to Wynn's casino. The Tunnel Project did p ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Leaseback
Leaseback, short for "sale-and-leaseback", is a financial transaction in which one sells an asset and leases it back for the long term; therefore, one continues to be able to use the asset but no longer owns it. The transaction is generally done for fixed assets, notably real estate, as well as for durable and capital goods such as airplanes and trains. The concept can also be applied by national governments to territorial assets; prior to the Falklands War, the government of the United Kingdom proposed a leaseback arrangement whereby the Falklands Islands would be transferred to Argentina, with a 99-year leaseback period, and a similar arrangement, also for 99 years, had been in place prior to the handover of Hong Kong to mainland China. Leaseback arrangements are usually employed because they confer financing, accounting or taxation benefits. Leaseback arrangements After purchasing an asset, the owner enters a long-term agreement by which the property is leased back to the seller ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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MGM Growth Properties
MGM Growth Properties LLC (MGP) was a real estate investment trust based in Summerlin South, Nevada, that invested in large-scale casino properties. The company had whole or majority ownership of 15 properties, all of which were operated by MGM Resorts International. The company leased the properties to MGM Resorts via triple-net leases. The company was acquired by Vici Properties in April 2022 for $17.2 billion. History The company was formed on October 23, 2015. On April 25, 2016, the company became a public company via an initial public offering and acquired The Mirage, Mandalay Bay, Luxor Las Vegas, New York-New York Hotel and Casino, Monte Carlo Resort and Casino, Excalibur Hotel and Casino, The Park, Gold Strike Tunica, MGM Grand Detroit, and Beau Rivage from MGM Resorts International. On August 1, 2016, the company acquired the real estate assets related to the Borgata Hotel Casino and Spa from MGM. In September 2017, the company acquired MGM National Harbor for $1.2 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Real Estate Investment Trust
A real estate investment trust (REIT) is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of commercial real estate, including office and apartment buildings, warehouses, hospitals, shopping centers, hotels and commercial forests. Some REITs engage in financing real estate. Most countries' laws on REITs entitle a real estate company to pay less in corporation tax and capital gains tax. REITs have been criticised as enabling speculation on housing, and reducing housing affordability, without increasing finance for building. REITs can be publicly traded on major exchanges, publicly registered but non-listed, or private. The two main types of REITs are equity REITs and mortgage REITs (mREITs). In November 2014, equity REITs were recognized as a distinct asset class in the Global Industry Classification Standard by S&P Dow Jones Indices and MSCI. The key statistics to examine the financial position and operation of a REIT include n ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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MGM Macau
MGM Macau (; formerly known as MGM Grand Macau) is a 35-story, 600-room casino resort in Sé, Macau. Under a sub concession approved by the Macau government, the project is owned and operated as a 50–50 joint venture between MGM Resorts International and Pansy Ho, daughter of Macau casino magnate Stanley Ho. The sub-concession is one of several examples of new casino construction following the end of the government-granted monopoly held for decades by Stanley Ho. History The MGM Grand Macau was opened on 18 December 2007 at a cost of US$1.25 billion. The property was renamed to MGM Macau, as part of MGM Mirage's 2010 rebranding to MGM Resorts International. On 18 April 2011, an initial public offering was announced. Under the agreement, Pansy Ho would receive a 29 percent stake in the company, MGM China Holdings Ltd, which was created as a listing vehicle for the IPO. MGM Resorts would hold 51 percent and the public woul ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |