by Lucky Gaming Writer on December 20, 2011

Do you want in on the Hooters Hotel and Casino in Las Vegas that has been a leader in what some may call the “breastaurant” industry for decades now? After filing Chapter 11 bankruptcy, the hotel has struck a deal in bankruptcy court with their debtors to have the hotel auctioned off to the highest bidder. Any takers?
Hooters took their unique burgers and wings concept and turned it into an empire with several franchise restaurants appearing from New York City to San Jose, Costa Rica. The Hooters Hotel and Casino in Las Vegas was opened in 2006 and took over the former San Remo Hotel located on East Tropicana Avenue.
After incurring $180 million in debt, the property was forced to file for bankruptcy back in August and a recent solution to auction the property was devised by both Hooters and Canpartners Realty Holding Company in order to help relieve some of the debt.
Canparters claims that they can expect to receive at least $70 million for the property that currently is in need of some serious upgrades. The plan now is for them to work toward finding what they call a “stalking horse bidder” or an initial bidder who will help them gauge the market so they can get an idea of what to expect once they proceed with the Hooters auction, claims the Las Vegas Review Journal.
Debtors claim that there have been several attempts to salvage the property but unfortunately there wasn’t much success. No date has been set as of yet for the auction.
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by Lucky Gaming Writer on December 2, 2011

Dr. Stanley Ho is known as the billionaire responsible for building the Macau gambling empire who at his ripe age can say that he has survived four marriages and 16 plus children, celebrated his 90th birthday last week together with his family members and a very special roulette wheel cake that was designed with the help of her daughter Florinda Ho, claims the Wall Street Journal.
Ho, who spent his birthday in a Hong Kong Sanatorium, as he has been ill since his brain surgery in 2009. He was joined by his family, who seemed surprisingly close in a press shot despite the recent squabbles over his casino fortune. Stanley who was responsible for creating the successful gambling mecca that Macau is today, owned 18% of SJM Holdings which is the company responsible for managing his empire.
Ho claimed that he was saddened by the feuding between family members and that it was his plan all along to divide the shares but somehow, it all got out of hand. One could speculate that all the back and forth with family lawsuits and arguing took its toll on Ho who has been in and out of the hospital.
Family disagreements aside, Stanley Ho’s 90th birthday was spent surrounded by his family members and it was his 22-year-old daughter Florinda that helped design a special cake for him in the shape of a roulette wheel complete with playing cards that were printed with Stanley and his wife’s faces on them.
He was too ill for a full fledged celebration but at least he didn’t spend his birthday alone.
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by Lucky Gaming Writer on December 1, 2011

The new Aspers Casino located in Stratford, London currently stands as the largest casino in the UK and as of today, the 64,000 sq. foot property is officially open offering guests 150 slot machines and over 40 table games, along with bars and restaurants all surrounded by a massive shopping center as well as the Olympic Park.
Aspers is part of an entertainment complex that was opened in order to revitalize the local economy as well as to support the 2012 Olympics that are to be hosted in the city. The casino which was built within the Westfield Stratford City shopping complex is expected to welcome 5,000 visitors today who will be taking advantage of several prize drawings totaling £10,000, claims This is London.
When the Olympics roll around next year, the Westfield complex should expect a lot of valuable foot traffic since visitors to Olympic Park must walk through the complex in order to reach it. “The opening of Aspers at Westfield is really good for us, as it provides our business visitors with another reason to stay close to our campus,” claims James Rees, Excel London’s director of conferences.
The project is currently wrapping up Phase I of construction with Phase II of Stratford City still in the works.
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