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Live! Casino & Hotel Philadelphia Selects Gilbane Building Company As General Contractor For New $700 Million Project

George Miller

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Live! Casino & Hotel Philadelphia Selects Gilbane Building Company As General Contractor For New $700 Million Project
Reading Time: 4 minutes

 

World-Class Gaming, Hotel, Dining and Entertainment Destination Will Create Approximately 3,000 New Direct and Indirect Construction Jobs
New Project Website Launched – LiveCasinoHotelPhilly.com – Featuring Links and Information for Subcontracting and Other Vendor Partnership Opportunities
Pre-Bid Contractor Information Session Scheduled for January 11 at Xfinity Live!

 

Live! Casino & Hotel Philadelphia, an affiliate of The Cordish Companies, announced that GILBANE BUILDING COMPANY will serve as the General Contractor for the new $700 million project.

Located at 900 Packer Avenue between 10th and Darien Streets, in the heart of the South Philadelphia Stadium District, Live! Casino & Hotel Philadelphia will transform the area into the first integrated sports, entertainment and casino resort destination in the region. The 1.5-million-square-foot facility will include 2,200 slots and electronic table games, more than 150 live action table games, an upscale 200+ boutique hotel, nationally-recognized restaurants and live entertainment venues, valet parking and an approximately 2,700 space parking garage.

Gilbane will lead construction efforts which involve total demolition of the existing Holiday Inn and adjacent buildings to make way for the new development. Gilbane is a global, family-owned company with over 145 years of experience, covering a diverse range of building across various industries. The company also holds the same familial integrity as the Cordish family, giving back to its communities through corporate philanthropy, volunteerism and partnerships with small and diverse businesses to reach communities and support local job growth.

Live! Casino & Hotel Philadelphia will set a new standard for development in the City of Philadelphia and create significant economic opportunities for local residents and businesses. The Cordish Companies has committed to a groundbreaking Community Benefits Plan with the City that includes unprecedented goals in minority and local construction and hiring initiatives including opportunities for local, minority, women-owned, and veteran-owned businesses, as well as the creation of approximately 3,000 direct and indirect construction jobs.

A Pre-Bid Contractor Information Session will be held on Friday, January 11, 2019 from 10a.m.- Noon at Xfinity Live!, 1100 Pattison Avenue in the South Philadelphia Stadium District. The event is open to the contracting public and will include a project overview, bid package information, and the opportunity to meet one-on-one with the Estimating Team. Representatives from the Office of Economic Opportunity (OEO) will also be available. For information regarding contracting opportunities for minority, women, local and veteran-owned businesses, contact Jeffrey Smith at jeffreysmith@4globalsynergies.com or (215) 642-2201.

“Gilbane was a natural fit for this project because the team is so experienced in the hospitality industry and they bring a real understanding of our vision,” said Joe Weinberg, Managing Partner of The Cordish Companies. “Their reputation for quality and dedication to excellence is a core value we both share and expect for a project of this magnitude. We look forward to getting started.”

“We are excited to work with The Cordish Companies, one of the preeminent gaming hospitality and real estate developers in the nation, on building this transformative project for Philadelphia,” said Shawn Carlin, vice president at Gilbane Building Company. “Our expertise in building complex, schedule-driven projects within Philadelphia has prepared us well for Live! Casino & Hotel Philadelphia. Through dedicated contractor information sessions we plan to partner with local, small and diverse businesses to help build this unique project. Ultimately, these partnerships will have a positive impact on our Philadelphia community.”

The Live! Casino & Hotel Philadelphia website currently features a Project Overview, FAQs, preliminary information on community impact and career and vendor opportunities, and Live! and Cordish-related news. The website will be updated in the coming months as development progresses.

 

About The Cordish Companies:
The Cordish Companies’ origins date back to 1910 and encompass four generations of privately-held, family ownership. During the past ten decades, The Cordish Companies has grown into a global leader in Commercial Real Estate; Entertainment Districts; Sports-Anchored Developments; Gaming; Hotels; Residential Properties; Restaurants; International Development; Coworking Spaces; and Private Equity. One of the largest and most respected developers in the world, The Cordish Companies has been awarded an unprecedented seven Urban Land Institute Awards for Excellence for public-private developments that are of unique significance to the cities in which they are located. The Cordish Companies has developed and operates highly acclaimed dining, entertainment and hospitality destinations throughout the United States, many falling under The Cordish Companies’ Live! Brand, highly regarded as one of the premier entertainment brands in the country. In gaming, The Cordish Companies has developed among the most successful casino hotel resorts in the world including the Hard Rock Hotel & Casino Hollywood, Hard Rock Hotel & Casino Tampa and Live! Casino & Hotel Maryland. Welcoming over 50 million visitors per year, these developments are among the highest profile dining, entertainment, gaming, hotel and sports-anchored destinations in the country. Over the generations, The Cordish Companies has remained true to the family’s core values of quality, entrepreneurial spirit, long-term personal relationships, and integrity. As a testimony to the long-term vision of its family leadership, The Cordish Companies still owns and manages virtually every business it has created.

“The Cordish Companies,” “The Cordish Company” and “Cordish” are trademarks used under license by independent corporations, legal liability companies and partnerships (“Cordish Entities”). Each Cordish Entity is a separate, single-purpose legal entity that is solely responsible for its obligations and liabilities. No common operations or financial interdependency, and no intermingling of assets or liabilities of the Cordish Entities exists, or should be deemed to exist, as a result of the potential common reference to multiple independent entities operating under the names “Cordish,” “The Cordish Companies” or “The Cordish Company” here or elsewhere.

About Gilbane Building Company:
Gilbane provides a full slate of construction and facilities-related services – from pre-construction planning and integrated consulting capabilities to comprehensive construction management, general contracting, design-build and facility management services – for clients across various markets. Founded in 1873 and still a privately held, family-owned company, Gilbane has 48 office locations worldwide.

 

Source: Live! Casino & Hotel Philadelphia

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Fantasy Sports

Louisiana House Committee Passes Fantasy Sports Restriction Bill

Niji Narayan

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Louisiana House Committee Passes Fantasy Sports Restriction Bill
Reading Time: 1 minute

 

Louisiana House Committee has passed the fantasy sports restriction bill. Voters of 47 parishes approved fantasy sports betting last fall. The bill leaves committee with an amendment that stipulates “you can only play if you’re at card checking over-21 only in establishments like video poker stops, bars, or casinos.”

“This is obviously not what people voted for, this is not how fantasy sports works, this is not how online entertainment works anywhere, for any medium,” Fairness for Fantasy Sports Louisiana spokesperson Ryan Berni said.

“Right now the proposed tax rate does not cover the cost for the state to collect it. The state actually loses money at the proposed tax rate that they are proposing on fantasy sports,” Video poker lobbyist Alton Ashy said.

“Obviously the intention is that it is places that have video poker. It really is an end around and a subversion of what people know and like about fantasy sports,” Berni added.

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Gambling in the USA

Wynn Resorts and MGM Engages in Conversation about the Sale of Encore Casino in Boston

Niji Narayan

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Wynn Resorts and MGM Engages in Conversation about the Sale of Encore Casino in Boston
Photo Source: skift.com
Reading Time: 1 minute

 

Wynn and MGM Resorts have announced a joint statement related to the sale of Encore Casino in Boston. Wynn CEO Matt Maddox and MGM CEO Jim Murren met in person in Las Vegas to explore the possibility of a sale.

“Over the past several weeks, we have engaged in conversations around the potential sale of Encore Boston Harbor,” the statement reads. The companies add that the talks are “very preliminary” and the casino giants do not know “where these conversations will lead.”

Encore’s license is the only one the state will allow in the Boston area, making it highly desirable. MGM, on the other hand, owns the only casino license for Western Massachusetts for its Springfield location.

As per the Massachusetts law, a company can only hold one casino license. MGM did not comment, but if it buys the Encore casino it would have to sell its license for a casino in Springfield, Massachusetts.

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Gambling in the USA

What’s at stake at the 2019 World Series of Poker main event?

George Miller

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What’s at stake at the 2019 World Series of Poker main event?
The 2019 WSOP main event takes place this summer in the spiritual home of gambling – Las Vegas.
Reading Time: 3 minutes

 

The wait for the 2019 World Series of Poker is almost over with the event due to start in just a few weeks’ time. That hasn’t dampened the anticipation amongst poker fans or the thousands of players preparing to play in the WSOP tournaments.

This article gives you everything (almost) you need to know about the 2019 WSOP including estimated prize money, the best tournaments and a guide on how to enter the 2020 WSOP.

WSOP 2019

When is it?
The tournament starts on May 28th and last for just over a month and a half with the final table closing up on July 16th.

Where is it?
The Rio All-Suite Hotel & Casino in Las Vegas is the venue for the 50th WSOP event. This has been the official venue of the WSOP since it moved from original venue Binion’s Horseshoe in the mid-noughties.

How many players have entered?
Official participation figures are yet to be released for the 2019 WSOP but the figure is expected to be an increase on last year’s record-breaking figure of 123, 865. Of that figure only 7,874 featured in the WSOP main event.

What’s the prize money?
The 123,865 participants involved last year contributed towards a staggering figure of $266,889,193 in prize money. With numbers expected to increase this time around that figure will be slightly higher although it will still be some way off the $300 million mark.

What events are on?
Undoubtedly the biggest draw of the WSOP is the main event which will see the world’s best players battle it out for supremacy. This final table of this event finishes the entire poker festival with the winner scooping a minimum $10 million in prize money.

Elsewhere players can enjoy Millionaire Maker, Seniors No-Limit, Monster Stack, Big 50 and Crazy Eight’s. The competition in these events will be less fierce but there will still be a of prize money available with the winner of the Big 50 getting their hands on a minimum $1 million.

(In 2003 accountant and amateur poker player Chris Moneymaker took the world of poker by storm, winning the tournament with an epic bluff against Sammy Farha.)

 

How to enter the WSOP

Unfortunately the time to enter this year’s WSOP is almost over but you can always prepare to enter next year’s tournament. You can do that in two-ways by paying your way in or by qualifying through a number of licensed events.

The buy-in option

This is by far the easiest option if you just want to get involved and make sure you’re at the 2020 WSOP. Although at $10,000 the buy-in for the main event is slightly expensive. If money is no object to you then you may as well buy-in.
If like most of us ten thousand dollars sounds like a lot of money to spend on a poker tournament then fear not, there are other ways. Players sell stakes of their potential winnings to investors to raise the WSOP buy-in amount.

Alternatively if you’re part of a poker league you can persuade the rest of the league to front the cost of a buy-in for the league’s best player – you’ll of course have to ensure you’re the best player in the league.

Classic qualification
WSOP run a series of satellite events across the world in the run-up to their showpiece event where players can win entry to the WSOP main event. The vast majority of these tournaments tend to take place in the United States with a few taking place in Europe and Asia.

If you can’t make it to any of these tournaments keep your eyes on the 888 Poker website. The online gambling company are the only officially licensed online satellite for the WSOP and regularly run qualification events throughout the year.

Who will win the 2019 WSOP?
After 10 hours of gruelling back and forth play, John Cynn finally overcame Tony Miles in a heads-up to win the 2018 WSOP. You might expect then that Cynn will be the hot favourite to take the crown again this year.

However if history has told us one thing about the WSOP it’s that it is incredibly hard to retain your poker crown. Tony Miles will be among the front runners to go one better than last time with Joe Cada, Nicolas Manion and Michael Dyer all hoping to win the WSOP main event.

Where can I watch the 2019 WSOP?
Dedicated poker fans can get their card fix this summer on the WSOP live stream after subscribing. If you’d rather watch the action on your TV then the tournament will be shown live on ESPN in the United States.

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