Issue 129
March 3-9, 2003
Volume 3
page 1
 

This Issue

Gaming News
Caesars Palace Mall Expanding on Las Vegas Strip

Golden Gulch Casino Opens in Black Hawk, Colorado

California Casino to Open This Summer

Canadian Council Approves Huge New Casino

Georgia Lawmakers Want Video Poker Ban Lifted


Show Time

Ann-Margret will appear at the Hollywood Theatre in MGM Grand Hotel Casino March 27 - April 2, 2003


Column
What Language Does your Body Speak in the Casino?

Check out our entertainment highlights & upcoming tournaments

See the lucky winners

 

Not yet subscribed to the Casino City Newsletter? Sign up NOW!

Caesars Palace Mall Expanding on Las Vegas Strip

LAS VEGAS - Las Vegas casino Caesars Palace is expanding its Roman-themed shopping mall, raising it to three levels and adding an entrance on the Las Vegas Strip, Simon Property Group Inc. and Park Place Entertainment Corp. said late on February 25th.

The expansion will open by fall 2004, adding 175,000 square foot to the 500,000 square foot indoor mall, one of the world's most profitable retail spaces.

The 175,000-square-foot, three-level expansion will extend from the existing mall to the Las Vegas Strip. The addition will feature upscale specialty retail tenants as well as several new fine-dining restaurants, the companies said.

"This newest expansion provides the opportunity to further solidify the Forum Shops' position as one of the country's premier shopping and entertainment destinations for both domestic and international visitors," Simon Property Group Chief Executive Officer David
Simon said.

Recent additions to the mall include Valentino, Tod's, Chopard, MAC Cosmetics, D&G Sport, Dolce & Gabbana and Roberty Cavalli. Soon to open include Torneau, Jay Strongwater and Burberry. Joe's Seafood, Prime Steak & Stone Crab and Donald Pliner also expect to open restaurants in the mall.

The Forum Shop in Caesars Palace Las Vegas
The expansion will open by fall 2004, adding 175,000 square foot to the 500,000 square foot indoor mall, one of the world's most profitable retail spaces.

Louis Vuitton, which is tripling in size, and Christian Dior also are undergoing expansions at the mall.

The Forum Shops with 283,000 square feet in 1992 and was the first high-end shopping center on the Las Vegas Strip. Forum Shop officials say the mall greets 50,000 shoppers a day and 18 million in 2002.


Golden Gulch Casino Opens in Black Hawk, Colorado

RAPID CITY, SD – The Golden Gulch Casino, formerly Jazz Alley Casino, recently opened after renovations and improvements. The property opened with 125 gaming devices, with plans of expanding to 240 gaming devices by September 30, 2003.

Concorde Gaming Corporation purchased the former Jazz Alley Casino property located in Black Hawk, Colorado through its wholly owned subsidiary, Concorde Blackhawk Corporation, for approximately $1.6 million in December 2002.

"We believe the opening of our Golden Gulch Casino will enhance our profitability in the upcoming years," commented Jerry Baum, President and CEO of Concorde Gaming. "We plan to take full advantage of the operational efficiencies that exist between the Golden Gates and Gold Gulch Casino's to improve our financial results."

Concorde Gaming owns and operates three gaming properties with over 600 gaming devices in operation. The Company operates two limited stakes gaming properties, the Golden Gates Casino and Golden Gulch Casino, both in Black Hawk, Colorado, and a day-cruise gaming property, the Casino Princesa based out of Miami, Florida.

Tell us what you think about our newsletter.
Copyright 2000-2003 Casino City. All rights reserved
Casino City is a trademark of CasinoPromote.com. Please read our Disclaimer of Warranty