Bally’s buys Las Vegas’ Tropicana casino for $150M

first_img Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink Share via Shortlink (Tropicana Las Vegas via Facebook, Bally’s Corp)Bally’s is making a bet on the Tropicana Hotel & Casino in Las Vegas.Bally’s agreed to buy the operations business for the hotel and casino, while the REIT Gaming & Leisure would retain its ownership of the property itself and continue to collect rent, Bloomberg News reported.Bally’s has been on an acquisition streak lately, having recently struck a $2.7 billion deal to buy online gaming company Gamesys Group Plc. But this would be the Rhode Island-based gaming company’s first operation in Las Vegas. Chairman Soohyung Kim said the firm would likely remodel the property, adding slot machines and putting up new signage.ADVERTISEMENT“It’s hard to be a national player in gaming without a casino [in Las Vegas],” Kim said. “It’s a tried and true pathway that companies like Caesars and MGM have proven.”Kim is the founding partner at Standard General, a New York-based hedge fund that is Bally’s largest shareholder. With its latest acquisitions, it will have properties in 11 states.The casino and gambling industry is going through a major period of change. The Supreme Court struck down a federal ban on sports betting in 2018, leading many gambling companies to rush to break into the market.New York legalized sports betting and developers have lobbied hard to convince state legislators to allow a casino in Manhattan.Earlier this year, Sands Corp. sold all three of its Las Vegas properties for $6 billion as part of a pivot to its Asian market, although it’s unclear what role if any the pandemic had on the decision to exit the market.[Bloomberg News] — Dennis Lynch Tags casinosCommercial Real EstateLas Vegaslast_img read more

Stamp Duty cut: first-time buyers rejoice, but experts warn of price rises

first_imgIf Chancellor Philip Hammond thought his Stamp Duty cut for first time buyers announced during yesterday’s Budget would get a unanimous thumbs up, then things definitely aren’t going to plan.Firstly Robert Cote, Chairman of the Office for Budget responsibility, revealed that his organisation thought the tax cut would push up prices by 0.3% and that “the main financial gainers will actually be people who already own properties, rather than first time buyers themselves”.Treasury Chief Secretary has subsequently dismissed the OBR’s prediction and just a “minor increase”.But Mark Hayward, Chief Executive of the National Association of Estate Agents (NAEA) (pictured, left) also sounded a note of caution saying that although overall it was a positive move, it would increase house prices by pushing up demand for first time buyer properties.“We have seen this in areas where Help to Buy is offered, as it attracts a great deal of interest from first time buyers,” he said.Sarah Beeny, TV presenter and founder of online agent Tepilo (pictured, right), also weighed in, saying she thought the measures would not make a huge difference to the market.“Cutting stamp duty for first time buyers is unlikely to do much – the majority of first time buyers don’t pay anything or only a small amount presently, so it won’t make a huge difference to the masses,” she told The Express.“The only people it will really help are first time buyers purchasing high worth properties, who already have the funds to do so.“Essentially, it strikes me as a bit of a PR stunt designed to generate headlines, but something that will actually make very little difference to the market.”Surveyors weren’t impressed either – Lewis Johnston, RICS’ Parliamentary Affairs Manager (pictured, left), said the thought “scrapping Stamp Duty for first-time buyers may stimulate activity at a time when the market is subdued, but this does not tackle the underlying problem and is something of a distraction from the need to increase supply”.Alison Platt, CEO of Countrywide (pictured, right), however, didn’t think the Stamp Duty cut went far enough.“It is activity among movers that is most critical to the growth of transactions in the wider housing market,” she said. “While first time buyers face affordability issues, so do movers and without making it easier for these second steppers to move on the supply of property to buy will always be limited, adding more to price pressures.”Mark Hayward Philip Hammond Lewis Johnston RICS NAEA Alison Platt Autumn budget 2017 Budget 2017 sarah beeny stamp duty Countrywide first-time buyers November 23, 2017Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021 Home » News » Stamp Duty cut: first-time buyers rejoice, but experts warn of price rises previous nextRegulation & LawStamp Duty cut: first-time buyers rejoice, but experts warn of price risesFirst time buyers may be emboldened to make an offer following the Stamp Duty cut announced yesterday, but industry figures and experts warn it’s only a sticking plaster.Nigel Lewis23rd November 201701,591 Viewslast_img read more

STX Finland Holds Keel Laying Ceremony for Highly Advanced OPV

first_img View post tag: Highly View post tag: Naval Industry news February 27, 2013 View post tag: Defence View post tag: Ceremony View post tag: OPV View post tag: Navy Back to overview,Home naval-today STX Finland Holds Keel Laying Ceremony for Highly Advanced OPV View post tag: Defense Share this articlecenter_img View post tag: holds View post tag: STX View post tag: LAYING View post tag: Advanced The keel of the offshore patrol vessel being built for the Finnish Border Guard was laid, on Monday 25 February 2013, at STX Finland Oy’s Rauma Shipyard. The event was witnessed by representatives of STX Finland, Finnish Border Guard, classification society and media.Scheduled for delivery in November 2013, the 96 metres long and 17 metres wide vessel is technically highly advanced, using the latest technologies and environmentally friendly innovations in accordance with the Government decision-in-principle on sustainable public procurement. The vessel is equipped with machinery using liquefied natural gas (LNG) and diesel as fuel. The requirements of energy efficiency and safe operation of the vessel in different accident situations have been taken more extensively into account in the design of the ship than earlier.In addition to border safety and frontier supervision missions, the offshore patrol vessel can also be used for maritime search and rescue, military national defence and various underwater assignments both independently and in collaboration with other authorities. The vessel will also feature substantial oil destruction capacity with important meaning for the maritime oil destruction capability of Finland and the Baltic Sea region. The Finnish Environment Institute has been closely involved in the design process of the vessel.“Today, we have reached an important milestone in the production of the offshore patrol vessel. Now it is time to begin the assembly of the ship’s hull, and thus the ship will gradually find its final form by the end of July. This order by the Finnish Border Guard is extremely important for the Rauma shipyard, as it combines the shipyard’s Arctic, environmentally friendly and technological competences. This vessel has a direct influence on employment by providing approximately 450 man-years of labour,” says Toivo Ilvonen, STX Finland Oy’s Rauma Shipyard Director.When completed, this vessel will significantly enhance Finland’s maritime search and rescue capability also in difficult accidents with multiple consequences. The vessel’s emergency towing capability facilitates protection of sea transport from damage. In addition, special attention has been paid to the vessel’s own damage control capacity to ensure reliability of operation.[mappress]Naval Today Staff, February 27, 2013; Image: STX STX Finland Holds Keel Laying Ceremony for Highly Advanced OPV View post tag: Finland View post tag: News by topic View post tag: KEELlast_img read more

Quiet deliveries help baked goods stay fresh

first_imgThe government has pledged to review the rules on night-time deliveries following several successful ‘quiet delivery’ pilots.In the Autumn Statement, the government said it would ask the Noise Abatement Society (NAS) and the Freight Transport Association (FTA) to further develop recent trials into a toolkit for quiet night-time deliveries, which could provide the basis for new guidance for logistics companies and retailers.Such a move would be particularly beneficial to bakeries, because bread is a time-sensitive product that needs to be delivered as freshly as possible. There is currently a range of restrictions on night deliveries across the UK, varying from area to area, which are designed to reduce the noise disruption. Under the current London Lorry Control Scheme, HGVs require a permit to enter the capital on weekdays between 9pm and 7am, and 1pm to 7am at weekends.British Retail Consortium director general Stephen Robertson said: “This review is a welcome response to our calls for greater flexibility on deliveries. Retailers literally drive for efficiency, but too often, outdated bans stop them delivering at night. That adds to costs and actually forces them to add to the congestion they want to avoid. Many of these restrictions have been in place for years and fail to take account of advances in technology that make vehicles and the unloading process much quieter.The Quiet Delivery Demonstration Scheme was developed by the NAS and the FTA in conjunction with the Department for Transport. Six trials took place at retail outlets across England in 2010, with measures in place such as a ban on slamming doors and installing rubber matting to reduce the noise of roll cages.last_img read more

The way forward

first_imgCooperation and inclusiveness were the main messages Ahmet Davutoglu, minister of foreign affairs of the Republic of Turkey, delivered Tuesday night (Sept. 28) at a packed Harvard Kennedy School forum.Davutoglu, who holds a doctorate in political science, spoke as part of the Kokkalis Program on Southeastern and East-Central Europe. He has been credited with helping to transform his country into a major player on the international stage and an increasingly important bridge between East and West.He began by recalling Francis Fukuyama’s famous prediction that the end of the Cold War was “the end of history.”“History will find its own way,” said Davutoglu, adding that the Cold War was an aberration and that we are now entering a period of the “normalization of history” — and the first time the world is experiencing globalization, while still contending with strong regional forces. “Each of us, we are representing humanity here,” he said, “not individual nationalities.”He outlined the six principles he declared in 2004 as critical to the future of Turkey.First, he said, there must be a balance between security and freedom.Second, the country must seek to have “zero problems with our neighbors.”“I know it is impossible to have zero problems, even with brothers and sisters,” he conceded. But positing the concept will help to alter the vision of Turkey that most of its people grew up with. “In school I was told we have the sea on three sides and enemies on four sides,” he said. “Psychologically healthy people … cannot function” believing that everyone is the enemy.Third, Turkey has lifted its borders and is now allowing free movement of its citizens — along with those of its neighbors — back and forth between countries. “It’s [the] best way to peace,” said Davutoglu.Fourth, “we cannot identify Turkey with one geographical region,” he said. Whatever happens in neighboring countries affects Turkey, not only geopolitically but domestically as well, since it has become a nation of immigrants. “We need to use our soft power,” he said, “because it’s directly related to our domestic interest.”Fifth, the country seeks to develop strategic alliances with the United States, Europe, and Russia, and become more active in international organizations.Finally, he said, in the future Turkey will “be [a] dynamic force in trans-Atlantic alliance,” rather than just a “passive follower.”During the question-and-answer period, Davutoglu fielded a query about how domestic public opinion shapes his views of foreign policy: “This is the result of democracy,” he said. “We have to accept sometimes positive, sometimes negative public opinion.” He also answered how his country is dealing with Armenia, with which it has traditionally had strained relations: He proposed a “new Caucasia based on mutual respect, integrity, and coexistence,” and vowed that Turkey is “ready to discuss” and listen. The two nations started a negotiation process in Switzerland in 2007, he said, adding that “Armenian-Turkish ties are settled in the world, in Boston, California, Paris, and elsewhere where Armenians and Turks live side by side.”Davutoglu’s most impassioned moments of the evening came when he was asked about Israeli-Palestinian relations. “We can work with anybody if that party is willing to accept a vision of peace,” he said. “Palestinians have suffered enough. Today in Gaza 1.5 million people are living in an open prison. People are living in a concentrated manner and you are attacking from the air. This is not acceptable. We need solidarity of the international community. … If we think some countries have more rights than others, then it is difficult to achieve peace.”last_img read more

Africa Faith and Justice club presents at SGA

first_img“The purpose of the club is to promote awareness of issues in Africa and ways we can help,” Brown said.  Right now the club is promoting awareness of the conflict that is going on in Africa over a rare mineral called coltan. Brown said over 6.9 million people have been killed in conflicts related to the mineral.   Saint Mary’s Africa Faith and Justice group presented its plan to attend a conference in Washington, D.C., to the Student Government Association (SGA) at its meeting last night. SGA approved the group’s funding request to attend the conference. Junior Elizabeth Brown, a member of the club, said the club is one of only two campus divisions of this group. Notre Dame and Saint Mary’s are the only colleges to have an Africa Faith and Justice Club.  Another issue the club is focusing on is education. Brown said many children have to drop out of school to help take care of their families or because of illness.  She said a student misses an average of 30 days of school because of worms or parasites. The club raises funds to help pay for the medication needed to prevent these illnesses.  “We want to help,” Brown said, “because we feel that it is our duty.”  As the only college to have campus divisions of this group, the students have been asked to give a presentation on the last day of the conference. Brown said they would present what the clubs have been doing and how they have helped.  Saint Mary’s juniors Elizabeth Brown and Monica Aquirre and sophomore Katie Ciresi all plan to attend the event later in the semester along with a Notre Dame professor and members of the Notre Dame division.  The members said they hope to learn more ways to get involved in order to help with current issues in Africa. They also hope to come back with the ability to educate other students about the issues.last_img read more

Saint Mary’s hosts Second City improv actors

first_imgImprovisational comedy group Second City, which came to Saint Mary’s on Friday for an extended weekend of teaching classes as the Margaret M. Hill Endowed Visiting Artists, held a press conference and performance in O’Laughlin Auditorium at Saint Mary’s on Monday.According to troupe member Casey Whitaker, Second City loved interacting with Saint Mary’s students through these events.“Anytime there’s a group of strong women anywhere, it’s going to be awesome,” Whitaker said. “Everyone is so supportive and so open, and you can tell that you guys care and love each other, and that’s great when doing improv because you’re open and supporting each other.”Troupe member Jamison Webb said the improvisation group included some material exclusive to Saint Mary’s throughout its performance.“There’s some improvisation throughout the show where we get suggestions from the audience to inspire scenes or moments within scenes,” Webb said. “There’s also some custom material that we’ve put together about Saint Mary’s. The Saint Mary’s experience has been pretty unique.”Webb said he enjoyed watching students grow as performers throughout his time at Saint Mary’s.“When we’re doing shows on the road, we’re in that town for a day or two, so we don’t really have the luxury we’ve had here at Saint Mary’s, with kind of an extended weekend where we’re able to do multiple workshops with the same performers,” he said. “Building something together is pretty cool.”According to Whitaker, the lessons learned during last weekend’s workshops should continue to help students as they discover more about theatre.“We always talk about process at Second City, and I think that’s true for improv in general,” Whitaker said. “It’s always a process. We will never feel like we’ve conquered it completely or like there’s nothing left to learn from improv. That will never be the case. There is always something to learn from improv.”Webb said he hopes students learned the value of commitment to character development when acting.“A lot of the basic principles and things that are focused on in more traditional, kind of theatrical, script-based acting apply to improv,” Webb said. “It’s still about committing to a character. It’s still about giving the audience a compelling look into relationships and a certain time and place. The difference is you are in control of that in the moment, and you are creating that. It’s very ephemeral. Then it’s gone.”Whitaker said Saint Mary’s students should use the skills they learn as they progress in their acting careers.“You kind of have an advantage going into improv and sketch comedy because you already know about emotion and commitment,” Whitaker said. “When you’re improvising a scene, you’re writing as you go. So it’s kind of a completely different muscle. You can’t go home and practice your lines a bunch. You just do it in that moment, so you have to be super present when you’re improvising, which could of course then lead to a great scene.”Tags: improv comedy, Second City, visiting artistslast_img read more

Usborne Book Fair partners with College Uganda program

first_imgFor the ninth year, the Usborne Book Fair has returned to Saint Mary’s College. Every year, the organization brings books of every kind, from coloring to reference. The books will be available from Nov. 15 to 16 in the Saint Mary’s Student Center Atrium, and there will be activities for kids at the event.Usborne normally partners with The Learning Tree at Saint Mary’s program, which is a resource education center for those in the SMC community. The center is normally used by education or communication, sciences and disorders majors, which use them for classrooms or clinics. This year, half of all proceeds from the book fair will be contributed in books to the Learning Tree’s library, Jane Fogle, the director of Learning Tree, said. It will also be possible for students to order books for themselves, which will be stored in Learning Tree until they’re picked up. This year, Usborne has also partnered with Saint Mary’s education and nursing programs in Uganda, which will be in its 10th year this summer. With this partnership, people can purchase books for the Sisters of the Holy Cross Moreau Nursery and Primary School in Kyarusozi, Uganda. The school hosts students from primary school to seventh grade. Every year since 2009, Saint Mary’s has sent six students, three from education and three from nursing, to Uganda. Education professor Dr. Mary Ann Traxler, who started the program, explained how education students teach classes from pre-school to seventh grade, while nursing students help out in the local clinic. “We were able to teach in the school for six weeks in all different subject areas,” senior education major Christina McGuire, who went to Uganda last summer, said in an email. “We would teach together [the three Saint Mary’s education students] as well as alone. The students loved when we incorporated art into the lessons, and were extremely excited to have us at their school.” Traxler said the Saint Mary’s program has helped the school in Uganda since its beginning. “When we started, the school only had 20 children,” Traxler said. “Now, there are about 300 children. There’s a new school, more staff, student dorms and we’ve been taking over books and supplies, all while helping to build a library.”Students are also able to bring over supplies for their classrooms. “We brought over many resources such as scissors, paper, glue, markers and supplies that are hard for the schools to obtain in Uganda,” McGuire said. “Donations are essential to keeping this school running and functioning as well as it should.” The books from the fair will be sent over before the students. However, students going to Uganda may use the books and will be encouraged to bring their own supplies. They can also work with the teachers to plan curriculum around the books. Tags: education, nursing, The Learning Tree, Uganda, Uganda Summer Practicum, Usborne Book Fairlast_img read more

October 1, 2004 News and Notes

first_img News and Notes Manuel A. “Alex” Reboso, of Rossman Baumberger Reboso & Spier, addressed the annual meeting of The Association of Trial Lawyers of America in Boston. The theme of his July 6 speech before ATLA’s Professional Negligence Section was, “Holding Hospitals Responsible Under Vicarious Liability.” Joseph Hernandez, of Greenberg Traurig, LLP, has been named chair of the board of Junior Achievement of Greater Miami. Sia Baker-Barnes, of Searcy Denney Scarola Barnhart & Shipley, P.A, was elected to the board of directors of the Young Lawyers Section of the Academy of Florida Trial Lawyers. Baker-Barnes also was recently elected secretary of the F. Malcolm Cunningham Sr. Bar Association, and was appointed to the board of directors of Inlet Grove Community High School. David W. Singer will be one of the “Jews of Broward County” in an exhibit at the Jewish Museum of Florida. The exhibit runs through January 30, 2005. Jill Riola, of Baker & Hostetler, LLP, was named to the panel of certified mediators for the U.S. District Court for the Middle District of Florida. Paul S. Jones, of Luks, Santaniello, Perez, Petrillo & Gold, recently spoke on “Automotive Liability — PIP” at a legal seminar sponsored by the CEU Institute. Richard M. Benrubi, of Liggio, Benrubi & Williams, recently lectured at the Seventh National Advanced Forum on Litigation Disability Insurance Claims in Boston on bad faith and punitive damages. Ernest J. Myers, of Marcus, McMahon & Myers, P.L., recently lectured on the topics of the insurance contract, first party coverage, ethical considerations, and elements of bad faith at the Insurance Coverage Law in Florida Seminar, presented by the National Business Institute in Orlando. Michael G. Whelan, of the Ogletree Deakins Law Firm, was elected to the Hands On Miami Executive Committee at its annual board meeting in June. Cynthia Crofoot Rignanese of the Law Offices of J. Kelly Kennedy presented “A Probate Primer for Public Accountants” to the Polk County Accounting Society at its August meeting. Charlie Gray, founding partner of GrayRobinson, has been appointed by local government officials to serve on the Blue Ribbon Panel on Education, which will evaluate the Orange County school district and offer recommendations for improvement. Frank N. Tobolsky presented “Commercial Lease Hot Spots” through the Pennsylvania Bar Institute. The seminar comprised part of PBI’s “A Day on Real Estate” program. Mercer K. Clarke, of Clarke, Silverglate & Campbell, was appointed chair of the Drug, Device and Biotech Committee of the International Association of Defense Counsel, for which he will serve a one-year term. Roy B. Gonas of Miami has been selected president and co-chair of Youth Ethics Initiative, Inc. David M. Seifer, with Stearns, Weaver, Miller, Weissler, Alhadeff & Sitterson, P.A. in Miami, has been appointed to serve as chair of United Way’s Young Leaders for 2004-2005. Yolanda L. Fox of Ft. Lauderdale has become a Florida Supreme Court certified county and family mediator. Marc John Randazza, with Weston, Garrou & DeWitt in Altamonte Springs, wrote an article titled, “Secretary of State Kiffmeyer and the Savaging of Vote-Pairing,” published in Minnesota Law and Politics. Lewis F. Collins was named president-elect of the Federation of Defense and Corporate Counsel. James E. Felman, of Kynes, Markman & Felman, P.A. in Tampa, has been appointed co-chair of the ABA’s Committee on Corrections and Sentencing. Eric A Gordon, of Arnstein & Lehr LLP, has been named co-chair of the South Palm Beach County Bar Association Labor and Employment Committee. George Meyer of Carlton Fields has been elected to the following positions: Governing Committee for the ABA Forum on the Construction Industry; fellow of the American College of Real Estate Lawyers; and president of the Ronald McDonald House Charities of Tampa Bay for a second term. Nanci Landy, of Landy & Asselta, P.A. in North Palm Beach, has been elected president of the National Association of Women Business Owners, Ft. Lauderdale/Broward County Chapter. Dennis Wieczorek, of Piper Rudnick, LLP, has been chosen as the next chair of the ABA Forum on Franchising for a two-year term. Spencer Silverglate, of Clarke, Silverglate, Campbell, Williams & Montgomery, has been elected president of the Florida Defense Lawyers Association for the term of one year. Lara Donlon, of the Law Office of Glen J. Torcivia and Associates, P.A., recently spoke at the Florida Association of Special Districts Conference in Orlando regarding “Personnel-Employment Management,” discussing the new fair pay regulations under the Fair Labor Standards Act and other updates in employment law. H. James Catlin, Jr., of Salmon & Dulberg Mediation Services, Inc., has become a panel mediator with the firm. Mildred Beam, o f Mateer Harbert, recently spoke at the National Medical Association’s 2004 Annual Convention and Scientific Assembly in San Diego, CA. Beam gave presentations addressing “Contractual Aspects of Practice Management” and also co-moderated a session on tort reform. Stuart A. Goldstein of Miami was recently awarded an airline transport pilot certificate by the Federal Aviation Administration. “Put Something Back” presented a “Primer on Low-Income Taxpayer Issues” at a seminar held at Stearns, Weaver, Miller, Weissler, Alhadeff & Sitterson, P.A. James S. Benjamin, of Ft. Lauderdale firm of Benjamin & Aaronson, P.A., became president of the First Amendment Lawyer’s Association in August at its semi-annual conference in Portland, OR. Larry Stagg, of Akerman Senterfitt in Tampa, participated in the 2004 Annual Meeting of the National Conference of Commissioners on Uniform State Laws (NCCUSL) in Portland, OR. Charles V. Willie and Kelly Frels spoke on “ Brown and Education Law Association at 50: The Journey Continues,”at a recent Education Law Association Conference meeting. Rose Marie Antonacci-Pollock, of Michaud, Buschmann, Mittelmark, Millian, Blitz, Warren & Coel, was named to the board of directors of the Greater Palm Beach County Chapter of the Juvenile Diabetes Research Foundation, and was appointed to the Board of Visitors of The Bolles School in Jacksonville. Benjamin K. Phipps has been designated by the Institute for Professionals in Taxation as a certified member of the institute in property taxation. Christopher M. Shulman, of Christopher Shulman, P.A., Alternative Dispute Resolution Services, recently participated in the U.S. Equal Employment Opportunity Commission’s Technical Assistance Program Seminar, assuming the role of mediator in the presentation “Mediation: An Examination of Management’s Opportunities for Early Charge Resolution.” Shulman also serves as the president-elect of the ACR Florida chapter. October 1, 2004 News & Notes October 1, 2004 News and Noteslast_img read more

Taylor vs Gutierrez: Watch live stream of Katie Taylor’s weigh-in ahead of Saturday’s fight | Boxing News

first_img– Advertisement – Ireland’s undisputed world lightweight champion faces Gutierrez on Saturday night, live on Sky Sports, with Terri Harper and Rachel Ball also in action on an exciting bill at Wembley Arena.You can watch the weigh-in with Taylor, Harper and Ball from 1pm on the Sky Sports website and app, Sky Sports Boxing Twitter, Sky Sports Boxing YouTube and Sky Sports Boxing Facebook.- Advertisement – Terri Harper defends her WBC belt against Katharina Thanderz Terri Harper defends her WBC belt against Katharina Thanderz