Issue 213
October 12 - 17, 2004
Volume 4
page 1
 

This Issue

Gaming News

Caesars to Partner in Luxury London Casino Project

Northern Lights Casino Holding World Poker Satellite Tournament

Barrick buys two more properties

Isle of Capri Casinos, Inc. to Build New Casino at Biloxi, Miss. Property

Gambling Bill to be introduced this week

 

Show Time Paul Anka, one of the most successful songwriters in history, performs at the MGM Grand.

Column Blackjack's Strategy of Maximal Boldness By John May

Check out our entertainment highlights & upcoming tournaments

See the lucky winners

 

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Caesars to Partner in Luxury London Casino Project

LAS VEGAS, Nevada -- In its first move into Europe, Caesars Entertainment today announced plans to develop and operate a luxury casino resort in London, adjacent to the redeveloped Wembley National Stadium and the legendary Wembley Arena. The project is part of a major redevelopment effort intended to transform the historic sporting area into an international leisure and tourist destination.

Caesars' partner in the casino project is Quintain Estates and Development PLC, one of the United Kingdom's leading property investment and development companies. Each company will own 50 percent of the planned joint venture. Quintain specializes in strategic property acquisition, redevelopment and asset management across the UK.

The $600-million Caesars Wembley, to be built on 13 acres in the 58-acre redevelopment area, will comprise a world-class casino, a 400-room luxury hotel, an elegant spa and swimming pool, a collection of designer shops, convention and meeting facilities and a wide variety of exciting restaurants, bars and lounges.

The joint venture launches the next stage of Quintain's plans for the revitalization of Wembley, which when completed is expected to draw millions of visitors a year from London and its surrounding areas, as well as the rest of the United Kingdom and overseas.

The Wembley renewal project, to be financed and developed by Quintain, will surround the new National Stadium. The project will include the redeveloped Wembley Arena -- a major music and entertainment venue soon to undergo a design overhaul; designer shopping outlets; a dedicated sports mall; a nightclub and the largest cinema multiplex ever built in Britain.

Peter George, Caesars Senior Vice President for Development and Managing Director of the company's International Group, noted that Caesars has worked closely with officials of the communities in which it operates its 28 international casino resorts to promote economic development and new employment opportunities. George served as vice chairman and chief executive officer of London-based Ladbroke Group PLC (later Hilton Group PLC) before joining Caesars Entertainment's predecessor company, Park Place Entertainment, in 2002. In that role, George oversaw Ladbroke's extensive gaming, hotel and leisure businesses.

The plan to bring a casino to Wembley is subject to scheduled deregulation of the UK's gambling laws.

Caesars Wembley will include:

  • 75,000 square feet of gaming space accommodating 135 gaming tables and 1,250 slot machines, in line with the Draft Gambling Bill legislation.

  • A 400-room luxury hotel, to complement the Stadium, Arena and other facilities, located on 9 levels above the gaming area, overlooking Wembley and the surrounding area.

  • A new swimming pool and full-service spa, open to the public and which can be opened to the rooftop sun deck and gardens in good weather.

  • 26,000 square feet of flexible meeting space, with a large single, multi-purpose ballroom supported by smaller meeting rooms and a large outdoor covered breakout terrace. Additional event space will be available at the Wembley Arena and Wembley Stadium.

  • A diverse array of restaurants, bars, and lounges, all open to the public, including a 200-seat 24-hour cafe, Asian and Italian restaurants, steak-house and sports / entertainment bar. Several of the restaurants will offer outdoor cafe-style dining lining the pedestrian way.

  • 9,000 square feet of designer retail outlets

Northern Lights Casino Holding World Poker Satellite Tournament

WALKER, Minnesota -- The Northern Lights Casino & Hotel in Walker, Minnesota is hosting the World Poker No-Limit Hold 'Em Satellite Tournament throughout October. Northern Lights is Minnesota's home for the event for the second straight year, and is the only tribally owned venue in the state that is hosting a satellite tournament.

The winner of the tournament will join the world's best professional poker players at the Foxwoods Resort Casino in Mashantucket, Connecticut for the World Poker Finals, November 13 through November 17.

Contestants can enter the No-Limit Texas Hold 'Em satellite tournament Thursdays and Sundays through October 24 in the Northern Lights Poker Room, with the Finals to be held Sunday, October 24. Thursday tournaments begin at 6 p.m., while players should be in place by noon for the Sunday events.

"We're very excited about hosting such a prestigious event two years in a row," said Shawn Moore, table games manager. He added, "The turnout for the tournament has been great so far, and we've had to nearly double the amount of tables we normally use in the poker room."

The winner of the tournament will have their $10,000 buy-in at the World Poker Finals paid for by Northern Lights in addition to six days of VIP treatment at Foxwoods Resort Casino in Connecticut, site of the World Poker Finals.

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