Due to the impact of stiff competition in the market and government policy, Genting Group may lose its status as the casino king in the region, taken over by Philippines and Cambodia. JP Morgan pointed out that Genting’s casino business has been leading in Southeast Asia for the past 25 years. Genting International Casino at the Resorts World Birmingham is gearing up to host the 2019 Dealer of the Year competition on Mar. 4 where someone will walk away with a £2,000 cash prize and the prestigious reward of Dealer of the Year.
Enter our Meet@ competition for the chance to win a luxury overnight stay at the Genting Hotel, Resorts World Birmingham.
Promoter
The Promoters of this competition are: Genting Solihull Limited (t/a “Resorts World Birmingham” and “Genting Hotel”) a company registered in England (Company Number 06601106) whose registered office is located at Genting Club Star City, Watson Road, Birmingham, B7 5SA; and
Conditions of Entry
1. These terms and conditions shall govern the prize draw. 2. This prize draw will take place every quarter until the Promoter decides to withdraw the promotion. When the promotion is withdrawn, the promoter shall place a message at the top of these terms. 3. Subject to condition 4 below, all individuals aged 18 and over who are opted in to Meet@ marketing communications from Resorts World Birmingham on the last calendar day of each quarter will be entered in to a random prize draw. For the avoidance of doubt, the last calendar day for each quarter is 31 March, 30 June, 30 September and 31 December. 4. The following persons shall not be eligible for the prize draw: (i) employees of the Promoter, their affiliate companies and their agencies; (ii) anyone professionally connected with the promotion; and (iii) anyone who is not opted in to marketing communications on the last calendar day of the relevant quarter. 5. No purchase is required to enter the prize draw. 6. Only one entry is permitted per individual. In the event that the Promoter discovers the same individual has multiple email addresses opted in to marketing communications, the Promoter reserves the right to remove those email addresses from the prize draw and/or void any prizes if the prize draw has already taken place. 7. The competition prize is a luxury overnight stay and breakfast for two people at the Genting Hotel, Resorts World. 8. The competition prize is not transferable and may only be collected by the winner. 9. The Promoters reserve the right to: (i) refuse to accept any entry, including false and duplicate entries; (ii) void any entries (and any prize if necessary) in the event of entrant misconduct, fraud, or breach of these terms; or (iii) amend, alter or terminate this promotion or any specific entries in the event of circumstances beyond its reasonable control. 10. The Promoters accept no responsibility or liability for: (i) incomplete entries; nor (ii) any liability or responsibility otherwise arising from this promotion.
Your Data:
1. The use of personal data to conduct the prize draw will be processed in accordance with the Promoter’s Privacy Policy that is available at https://www.gentingcasino.com/privacy/.
Selection of Winner
1. The prize draw will take within 14 days of the last calendar day of each quarter. 2. The Winner will be selected at random from all eligible entries to the prize draw each quarter by a random number generator. 3. The Winner will be contacted by email at the email address which was drawn as the Winner. 4. If the Winner does not respond within one week, they will be contacted again and given a further week to respond. 5. If the Winner does not respond after the second week, the Promoter reserves the right to void and re-run any draw and nominate an alternative Winner(s). 6. Following the selection of the Winner, the name and county of the Winner is available to the general public on request from marketing@resortsworldbirmingham.co.uk.
Prize terms and conditions
1. The prize includes a luxury overnight stay and breakfast for two people, one to be the winner, at the Genting Hotel and access to Santai Spa between 7am-10am and 6pm-10pm (subject to availability on dates of hotel stay). Prize must be booked at least one week in advance, subject to availability. Once the date of the stay has been agreed with the Promoter, the date may not be re-scheduled and the prize will forfeited if the winner does not attend on the scheduled date. 2. The winner must provide suitable identification when collecting the prize. 3. The Promoter reserves the right to change or substitute the prize if it reasonably deems it necessary. 4. The Promoter accepts no responsibility or liability (i) for any costs associated with the prize (e.g. transport, meals, insurance or other incidentals) nor (ii) any responsibility or liability otherwise arising from this competition. 5. In accordance with the Hotel’s standard booking terms, the winner will be required to produce a debit or credit card upon checking in to the Hotel so that any incidental purchases not included in the prize can be charged automatically.
Governing Law and Jurisdiction
1. This competition and any dispute in connection with it (if any) shall be governed by the laws of England and subject to the exclusive jurisdiction of the English courts.
Casino giant Genting wants Miami-Dade to fund a $770 million monorail system linking the Miami mainland with South Beach, an elevated rail system that would require about $60 million a year in payments from the public.
The proposal made public Monday night would give Miami-Dade the kind of “Baylink” system that’s been a local transit goal since Ronald Reagan was president. But the details of the plan that would put a transit station next to Genting’s planned waterfront casino also lay out the financial hurdles to getting it built.
The private group formed by Genting and partners that would build and operate the four-mile “Miami Beach Monorail” would turn over fare revenue to Miami-Dade, in exchange for yearly payments from the county of $59.4 million over 30 years. The payment would cover operating costs for the monorail trains and the developer’s construction costs with interest and would pay back the investors with profit over three decades.
If built, the three-car monorail trains would offer a five-minute ride over the MacArthur Causeway. The Genting proposal describes a $5 fare per trip, enough to generate about $4 million a year to offset required payments. Miami-Dade could choose to give discounts for riders with transit passes and extend free trips already granted seniors and veterans on county trains and buses.
There is no detailed information on potential fare revenue, which typically covers about 20 cents of costs in Miami-Dade for every dollar of operating expense. Because the monorail would be financed with private dollars and then paid back with interest by Miami-Dade, the payments cover both operating and construction costs.
Genting would contribute land to the project, and build a new Metromover station and bus terminal there as part of the monorail complex where the Miami Herald used to stand.
Genting was the lone bidder on what would be one of the priciest transit projects in the county since Metromover was launched in 1986.
Mayor Carlos Gimenez revealed the lack of competing bids in a memo to county commissioners on Monday evening, before the Genting proposal became public. In the memo, Gimenez said two other teams cited time constraints in their decisions not to submit bids after initial discussions with county contracting administrators.
Last July, commissioners accepted Gimenez’s recommendation to launch an accelerated timetable for the Beach transit corridor after Genting submitted an initial monorail proposal that has not been made public. In August, Miami-Dade agreed to invite proposals for the Beach corridor, based on the first Genting proposal looking attractive enough to consider.
The process began as the county and Florida were paying millions to a consultant to study which transit mode made the most sense for easing traffic between Miami and Miami Beach under the 2016 SMART Plan Initiative. That study by the Parsons consulting firm ended in December, and found extending Metromover to South Beach would attract the most riders. It recommended Metromover or monorail as the best options.
Genting was not obligated to stick with its initial proposal, which included Chinese-built trains to keep costs down. While that $400 million project was described as costing Miami-Dade just over $10 million a year, the new Genting proposal uses trains built by Canada’s Bombardier at significantly higher costs. After criticism of the first Genting plan, Miami-Dade approved rules banning Chinese trains from the project.
In its latest monorail effort, the main financial backing comes from Meridiam, which the proposal describes as the leader of the partnership. The firm also backed the PortMiami tunnel project, which was built with private funds under an arrangement that has Meridiam and partners operate it in exchange for yearly government payments.
Genting’s partners in the monorail project also include two lobbyists who were at the center of Gimenez’s 2016 reelection bid: campaign manager Jesse Manzano-Plaza and finance chairman Ralph Garcia-Toledo.
Gimenez, his wife, Lourdes, and Audrey Edmonson, the chairwoman of the County Commission that would vote on the contract, filmed a promotional video in early 2019 that had them pretending to ride the proposed monorail. Garcia-Toledo and Genting have not released the video, which the county declared a public record.
Genting Casino Uk
With no competing bids, Gimenez on Monday said his administration could review the Genting proposal and make a recommendation. Or it could scrap the process and start again if commissioners demanded competition in the process. “In light of the receipt of a single proposal, guidance is sought from the board for future steps,” he wrote.
Economic devastation unleashed by the coronavirus emergency has the county’s transit system bracing for a sharp drop in the sales tax that funds transportation projects in Miami-Dade, along with a slump in property taxes that subsidize bus and train operations.
But with Washington also pledging more than $200 million in transit rescue to Miami-Dade and the county hoping for even more in stimulus dollars for large projects, the monorail developers could see coronavirus relief as a financial boon to the effort. Even so, the proposal arrives at a time when future transit habits are in doubt amid depressed ridership during a pandemic that has buses and trains running at half capacity and demand down 80 percent.
Though not outlined in this proposal, the Genting team has said it wanted state funds and contributions from Miami and Miami Beach to reduce the money Miami-Dade taxpayers would have to pay for the monorail project.
Kelly Penton, a spokeswoman for the monorail group, said the nearly $60 million yearly payment was tied to the terms Miami-Dade required for initial proposals and “we expect that that number will be reduced once an optimal financial structure can be finalized.”
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