GBP
562m SECC project will roll out Clydeside casino
As reported by The
Scotsman
NEW details of a proposed GBP 562 million redevelopment
of Glasgow's Scottish Exhibition and Conference Centre
(SECC) site were unveiled yesterday.
Kerzner
International, the global gaming group behind Sun City
in South Africa and other ventures in America, the Bahamas
and Dubai, has been announced as preferred developer to
build Scotland's first resort casino on the east end of
the 64-acre site by mid-2007, coinciding with a relaxation
in gambling laws.
At
the same time Glasgow-based developer Elphinstone has
been appointed to transform the west end of the SECC's
site into a GBP 350 million sustainable urban village.
The GBP 162 million casino resort will boast 1,250 slot
machines and 50 tables as well as a 150-room luxury hotel,
restaurants, bar and leisure facilities and a 1,600 space
car park. It will employ 1,200 full-time staff.
Subject
to planning consent, phased work on the urban village,
including 1,500 homes, could begin as early as next year,
providing homes for families and key workers as well as
work/live units, with completion expected by 2011.
The
development also will provide a primary school, nursery
and mini-supermarket to urbanise that area of the riverside
and to raise cash to help fund the proposed new GBP 50
million 12,500-seat arena.
Temporary
casino accord expected in Mexico
As reported by The Mexidata
Notimex
- The chairman of the Nacional Council of Legislative
Commissions on Tourism Subjects, Francisco Dávila
García, believes that the Secretariat of Government
could issue a decree within the next 30 days that will
allow the temporary operation of casinos during regional
fairs.
The
National Action Party (PAN) legislator explained that
the intent of the decree is for casinos, that currently
exist at fairs and in arenas (palenques) around the country,
to operate on a regulated basis and for a set period of
time even though establishments of this type are still
not allowed in Mexico.
Mexicos
Federal Gambling and Raffles Law of 1947 prohibits gambling
and betting games, based on the argument that they cause
damage to society. Still, there are various kinds of casinos
or gaming centers in Mexico.
The
PAN deputy said, that in order to facilitate the decision
on pending legislation to reform the Gambling and Raffles
Law and allow casinos to operate in Mexico, a series of
public hearing are now being held.
The
initiative that was submitted to Congress last April advocates
the installation of casinos in order to promote regional
and municipal development, and to stimulate national and
foreign investment.
Dávila
said that the reforms would also have to be discussed
with state legislators in the future, as approval of at
least half the nations 31 states and Federal District
would be required.