Issue 158
September 22-28, 2003
Volume 3
page 1
 

This Issue

Gaming News
The World Poker Tour Comes to Borgata Hotel Casino & Spa

Mandalay Mall Aims for Tourist, Local Mix

Analyst: Northeast US Ready for Gambling Expansion

Las Vegas Gaining Flights

Legal Challenges Delay Wisconsin Casino Expansion

Legal Challenges Delay Wisconsin Casino Expansion


Show Time

Kid Rock will perform at the Rain at The Palms Resort Casino on September 21, 2003


Column
Is It a Crime to Play Poker On-Line?

Check out our entertainment highlights & upcoming tournaments

See the lucky winners

 

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The World Poker Tour Comes to
Borgata Hotel Casino & Spa

/PRNewswire/ -- ATLANTIC CITY, NJ -- Borgata Hotel Casino & Spa announced on September 17th that it will host the World Poker Tour in its first visit to Atlantic City. The Borgata Poker Open will take place in Borgata's Poker Room from Saturday, September 20, through Monday, September 22, 2003, with the finals being held in The Music Box on September 22.

The World Poker Tour turns poker into a spectator sport, holding high-stakes tournaments at the world's most prestigious casinos and airing the finals of each event in weekly two-hour episodes on the Travel Channel Wednesday nights at 9:00 pm (ET/PT).

With an estimated prize pool of more than $500,000, the Borgata Poker Open will be televised nationally as part of the World Poker Tour. The tournament will feature the world's top poker players along with local fan favorites competing in No-Limit Texas Hold-'em. The buy-in and entry amount for the Tournament is $5,000 and $150 respectively. The final table TV taping is scheduled for 5 p.m. on September 22. Audience is invited to attend the TV taping free of charge on a first come, first served basis.

Borgata, a joint venture between Boyd Gaming Corporation and MGM MIRAGE, is located at Renaissance Pointe in Atlantic City and features 2,002 guest rooms and suites, 125,000 square feet of gaming, 145 gaming tables, 3,650 slot machines, 11 destination restaurants, 11 retail boutiques, a 50,000-square-foot spa, 70,000 square feet of event space and parking for 7,100 cars.


Mandalay Mall Aims for Tourist, Local Mix

Mandalay Bay Exterior/The Las Vegas Sun/ - LAS VEGAS – The newest mall on the Strip is going after locals with convenient parking and an eclectic mix of stores, many of which are not found anywhere else in the Las Vegas Valley.

Mandalay Place, a 100,000-square-foot mall built in a walkway connecting the Mandalay Bay and the Luxor resorts, will offer upscale restaurants and boutiques.

Nike's first Nike Golf store, which will stock high-end Nike apparel, shoes and equipment, and Urban Outfitters, which caters to the college crowd and "urban-minded" youths, are two of the stores unique to Las Vegas that will open in October.

"This is not a retail project built solely for visitors," Gordon Absher, spokesman for Mandalay Bay said. "This is a very unique mix of retailers that we think will attract local shoppers as well."

To give local residents easy access to the mall, a special valet section was built so that shoppers do not have to enter either the Luxor or Mandalay Bay.

And to set itself apart from the rest of Strip retail, where visitors can find many of the same stores at different themed properties, Mandalay Place will not be themed and most of its 41 stores and restaurants -- at least for now -- cannot be found elsewhere on the Strip. "It will just be an elegant space, the retailers will be the attraction," Absher said.

Mandalay Place also fills a market the Mandalay Resort Group has been absent from -- destination Strip retail shopping. Mandalay Place is the first large collection of stores between Mandalay Bay, Luxor and Excalibur, all Mandalay Resort Group hotels and casinos on the south end of the Strip.

The Mandalay Place mall will be dwarfed by other high-end retail centers on the Las Vegas Strip, including the 510,000-square-foot Forum Shops at Caesars, 500,000-square-foot Grand Canal Shoppes at The Venetian and the 475,000-square-foot Desert Passage at the Aladdin. The Fashion Show mall, also on the Strip, is about 1.9 millions square feet.

Mandalay Place is the second Las Vegas mall to open this year. The Las Vegas Premium Outlets, a 435,000-square-foot outlet mall, opened in August.

Early on, Mandalay had talked with British retailer Harrods and upscale chain Nordstrom about anchoring a much larger mall. Those talks were scuttled and the project was scaled back to about half its original cost.

One new retailer isn't worried about the draw of other malls and expects to attract customers from one of Mandalay Bay's restaurants, Charlie Palmer's Aureole. Named for the ideal temperature at which fine wine should be served, 55 Degrees Wine + Design will be run by Andrew Bradbury, Aureole's wine director and is not connected to the restaurant.

"This will be a one of a kind retail store for fine wine in the world," Bradbury said. The store will sell not only wines, but will have a wine-tasting bar and accessories.

Along with the mall's unique grouping of stores, several eateries are scheduled to open during the mall's rolling opening throughout October and November.

Restaurateur Piero Selvaggio, owner of Valentino's at the Venetian, will open a second Las Vegas restaurant, Caffe Giorgio, at Mandalay Place.

Selvaggio described the Italian restaurant like a tiramasu, a fine dessert with many layers.

The restaurant will have a deli counter, a gelato stand and finger-food at the bar. A casual dining area fronts the restaurant, while in the middle is a more intimate setting. At the back of the restaurant is an event space. "The restaurant is a place with many different things, but everybody can find something," Selvaggio said. Mandalay Resort officials did not give an exact opening date of the mall.

The company developed the mall itself, rather than partnering with a retail developer. It is expected to cost from $30 million to $40 million -- a fraction of the roughly $300 million the company spent on new projects in fiscal 2003. Mandalay executives are projecting annual sales of $750 per square foot for the mall.

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