Could Atlantic City’s Boardwalk Also Catch Fire? It’s Numerous Times



This Atlantic City Boardwalk fire from 2009 is just one of many that have plagued the tourist attraction over the years november.

With casino revenues already mainly in the toilet for the majority of Atlantic City’s land casinos, and the gambling town nevertheless recovering from last year’s devastation brought on by Hurricane Sandy which shut down many of the town’s casinos for days the final thing this New Jersey town needed was any proximity at all to just one more disaster. Along with final week’s horrific Boardwalk fire in the Seaside Heights area not directly attached to AC, but along the same stretch that is 217-mile of shoreline that is frequented by lots of the same tourists and locals one can’t help but wonder if Atlantic City may also need an exorcist or even to put blood on its casino walls for the passover regarding the apparently ongoing plagues which can be being doled out from on high.

Or possibly, wooden boardwalks while charming whenever built 150 years ago are simply just not just a safe building material into the world that is modern. Fire experts are, in reality, now saying the destructive fire seems to possess been a bout of arson, though the motivation is unclear.

More Damage after Sandy

New Jersey’s Governor Chris Christie, upon visiting the fire scene that destroyed boardwalk that is many, referred to it being an ‘unthinkable situation’. It took a lot more than 400 firefighters and 35 motor companies to extinguish the raging finally inferno. The damage extended over six blocks and 20 businesses numerous just rebuilt through the Sandy catastrophe were destroyed. While no casinos were affected, one can’t assist but assume this may perhaps not do anything to simply help Atlantic City’s ailing profits.

Following Sandy during which the world-famous Jet Star roller coaster was torn and tossed into the ocean’s water by the intense storm the FunTown Pier on which it rested experienced finally reopened for business this summer. Those repairs cost Seaside Heights most well-known whilst the hangout for the TV ‘Jersey that is infamous Shore audience $8 million for boardwalk repairs and a total of $16 million for all the damage done to Seaside Heights, based on the town’s mayor, Bill Akers.

In 2012, the ‘Jersey Shore’ cast staged a fundraiser to help rebuild the boardwalk Sandy that is following with inevitable MTV live event from Times Square.

The fire evidently started in a custard that is frozen on a weekday afternoon, and had become a six-alarm incendiary event by two hours later on, impacting the entire FunTown Amusement Pier.

Boardwalk Fires in Atlantic City Popular

The fire ended up being just one of many that the numerous Atlantic City area-boardwalks have succumbed to in just yesteryear 20 or so years. The flames easily spread, making one wonder if it’s time to rebuild these walkways with a perhaps less charming, but more durable, substance because of the old wooden slats that comprise the boardwalks.

In fact, an intense blaze back in June 2007 destroyed five stores along the Atlantic City Boardwalk and also damaged the latest Jersey Casino Control Commission’s head office.

Five years before that, an Atlantic City fire destroyed two coastline patrol storage sheds, forcing the closure of a stretch that is three-block of boardwalk.

The underside of most gambling towns are numerous homeless, usually drug-addicted people, who literally decide to try living ‘underground’: in cases like this, Atlantic City officials say boardwalk fires within their city have actually frequently been caused by homeless people living under the panels, who start fires to keep by themselves hot at evening or even to cook food.

The iconic Atlantic City Boardwalk has survived for almost 150 years, and is, of course, the inspiration for the classic board game, Monopoly despite the many fires. Whenever it went up in June 1870, the AC Boardwalk was one of the primary of its sort in America.

Global Casinos Skyrocketing to $173.5 Billion in Next Five Years

Global gaming markets will be looking at healthier upward growth over the following five years.

It looks like the economy’s slow but steady recovery worldwide is right in line using the motion of international video gaming areas; that’s the word from CompaniesandMarkets.com, an outfit that assesses different industries and their market potential and growth. Based on the site, over the following 5 years, the gaming that is worldwide will stay its upwards swing, eventually reaching about $173.5 billion by 2018, predicated on a projected 5.5% annualized growth price. Other sources estimate growth to be on an even greater trend that is upward expecting it to reach $182.8 billion as early as 2015.

Global Markets Just Starting to Bounce Back

The trend that is upward reflect several key factors, including general global economic data recovery, new international markets opening up in places like Sri Lanka and Vietnam, the slow but constant motion of legalized on line gambling in the United States, as well as the potential opening of Japan being a new legal gaming arena in anticipation of this 2020 Tokyo Summer Olympics. Overall, it’s expected that significantly more than 5,000 gaming that is new online and on land will be entering the gambling market the next five years globally, which represents a 2.1% average yearly growth rate for the gaming industry worldwide.
The key driving factors for development overall could be the combined firepower of expanding legal online gambling sites (mainly within the U.S.) and by the exploding growth of brick-and-mortar casinos in Asia and Malaysia, including Macau, Singapore, the Philippines and Sri Lanka, and the likelihood of Japan.

New On The Web U.S. Markets Will Help Spur Growth

The global casino and gambling market is currently estimated to be in the $130.5 billion range. The impending debut of the latest Jersey’s online gambling enterprises which will offer a complete range of gambling options, not just poker, to its 9 million residents and probably a lot more week-end warriors as well as Delaware’s anticipated jump into the money that is real fray in the near future, are expected to aid spur the growth trend. New Jersey has announced an anticipated November 23, 2013 launch date for their real money games, and Delaware unveiled money that is free games this month, with a possible October jump into real money for that state.
During the period of days gone by five years, a stable shift has happened in the global casino markets’ epicenter: from Las Vegas as well as other main U.S. gaming areas to Macau, which now far exceeds any other gambling destination on the planet for annual income intake. According to the CompaniesandMarkets.com report, this trend shall carry on its groundswell.
Already in just 2013, Macau has added an additional 33 casinos to its offerings, a growth rate unmatched anywhere else. Singapore is also becoming a major force in the land casino industry, and that’s with just two mega-casino resorts to its name. These properties have tended to rely more on international VIP (i.e., extremely wealthy) players because countries like Vietnam and China allow only controlled and very limited local access to any of real-money-casino.club their casinos.
So far as growth and income spikes, Asia looks much more promising than the U.S., especially with regards to the land casino markets. This year alone), most of that growth will be from the expansion of the Asian brick-and-mortar casinos whereas revenue intakes overall are expected to bourgeon at an anticipated average annual rate of 2.4% to reach $132.9 billion this year (with a 3.2% growth rate. In fact, the more gaming that is established including Las Vegas, Atlantic City, and long-time European land gambling enterprises are actually likely to remain flat whenever it concerns earnings, while the surrounding economies are still in struggle mode to bounce straight back from the massive global recession of 2008.

Full Tilt Poker Claims Process Begins

Full Tilt Poker administrator Garden City Group claims player refunds should be coming quickly.

Simply a month after the Garden City Group posted a change permitting Us citizens with outstanding account balances at Full Tilt Poker (FTP) know that the remission process would be starting soon, another formal update has been released stating that those who had filed as prospective victims within the case will be receiving e-mails telling them exactly how to file a petition to receive their frozen funds.

Players Can File Petition for Funds Reimbursement

‘The Notice provides instructions for filing petitions online through the administration website,’ the upgrade reads, talking about the email messages that are expected to be sent on the next days that are few. ‘If you failed to receive an email notice and you think you are eligible to take part in the remission procedure, you can register a new petition online utilizing the online filing tab in the remaining sidebar of this site beginning September 18, 2013.’

The calculation formula for the remission process will be based on the final account balance held in players’ Full Tilt accounts on April 15, 2011 the day of the ‘Black Friday’ indictments and shutdowns as reported last month. All players are expected to receive 100% of the funds back through the remissions process, though there is always the opportunity that the sum total of the claims unexpectedly exceeds the amount of money set aside for players a quantity called the FTP Fund. If occurring, players would receive re payments for a basis that is pro-rated. However, this just isn’t anticipated to be issue in this case at this time.

Can You Know Very Well What You Are Owed?

It’s likely that numerous players don’t know the exact level of money that ended up being sitting in their account nearly two and a half years back, and some may not even have a vague idea after most of this time around. However, players can retrieve that given information when they receive an email notice from the Garden City Group. That notice shall contain both a Petition quantity and a Control Number, allowing them to log to the claims internet site. From here, players can see their FTP account stability, allowing them to learn their account balance.

Assuming that players agree with the balance stated, they will not have to submit any documentation that is additional order to create a claim. Nonetheless, if a player believes that the stated balance is wrong and wish to dispute it, they could upload supporting documentation in an effort to establish a balance that is different. The claims site mentions potential documentation including cancelled checks and wire transfer records.

Victims have until November 16 to submit a Petition for Remission. Funds is paid electronically into a bank account of each petitioner’s choosing.

The Garden City Group is acting once the claims administrator for the Full Tilt Poker Case, and it is working with the United States Attorney’s workplace in the Southern District of New York, as well due to the fact Asset Forfeiture and Money Laundering Section of the united states of america Department of Justice.

Funds for the repayment of Full Tilt Poker players came from a settlement in which PokerStars paid to purchase the residual assets of FTP. As a right part of that deal, PokerStars agreed to take responsibility for several Full Tilt accounts outside of the united states of america, while the Department of Justice would manage the payment of American players. PokerStars has since relaunched Comprehensive Tilt Poker, allowing players worldwide to either use their own account balances in the site or cash them down as they want. The new Comprehensive Tilt Poker is not obtainable in the usa, however.