The Genting Group may have did not bring a casino to Miami, but that hasn’t stopped them from tapping into the market that is local. It seems that when they can’t build a casino into the city, Genting wants to do the next thing that is best: bring the city to their nearest casino.
Seeking Port Agreement with Miami
That’s why Genting is seeking to enter an understanding with Port Miami that will allow the company to run a cruise that is small from the port. The ship, which would find a way to hold significantly more than 1,500 passengers, would run from Miami up to a casino that is new Bimini that Genting recently opened. The trip would take just about two hours, and would allow Genting to make use of a gambling market that is lucrative.
The move comes after Genting failed in a bid to open a casino in Miami itself. The company purchased the former headquarters regarding the Miami Herald last year, hoping to create a casino in the site. However, anticipated changes to mention gaming regulations did maybe not materialize, meaning the casino project had to be abandoned. Genting still plans on using the site to build a hotel and residential complex underneath the name Resorts World Miami.
The contract between Genting and Miami has Genting pay about $11 million to greatly help refurbish Terminal H, which will likely then be used by the new ship. Over time, Genting may have that money reimbursed to the