This Atlantic City Boardwalk fire from 2009 is just one of many that have plagued the tourist attraction over the years november.
The last thing this New Jersey town needed was any proximity at all to yet another disaster with casino revenues already largely in the toilet for the majority of Atlantic City’s land casinos, and the gambling town still recovering from last year’s devastation caused by Hurricane Sandy which shut down many of the city’s casinos for days. And 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 most of the exact same tourists and locals one can’t help but wonder if Atlantic City may likewise require an exorcist or even to put blood on its casino walls for a passover regarding the evidently ongoing plagues which can be being doled out from on high.
Or maybe, wooden boardwalks while charming whenever built 150 years ago are simply just not really a safe building material in the contemporary world. Fire professionals are, in fact, now saying the fire that is destructive to have been a bout of arson, though the inspiration is unclear.
More Damage after Sandy
Nj-new jersey’s Governor Chris Christie, upon visiting the fire scene that destroyed many boardwalk structures, referred to it as an ‘unthinkable situation’. It took significantly 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 from the Sandy tragedy were destroyed. While no casinos were affected, one can’t help but assume this can not do anything to greatly help Atlantic City’s ailing revenues.
After Sandy during which the Jet that is world-famous Star coaster was torn and tossed in to the ocean’s water by the extreme storm the FunTown Pier on which it rested had finally reopened for business this summer. Those repairs cost Seaside Heights most famous as the hangout for the TV ‘Jersey that is infamous Shore crowd $8 million for boardwalk repairs and a total of $16 million for several the damage done to Seaside Heights, based on the city’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 frozen custard shop for a weekday afternoon, and had become a six-alarm incendiary event by two hours later, affecting the entire FunTown Amusement Pier.
Boardwalk Fires in Atlantic City Common
The fire had been 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 even damaged the latest Jersey Casino Control Commission’s head office.
5 years before that, an Atlantic City fire destroyed two coastline patrol garden storage sheds, forcing the closing of the stretch that is three-block of boardwalk.
The lower of most gambling towns are many homeless, frequently drug-addicted people, who literally try living ‘underground’: in cases like this, Atlantic City officials say boardwalk fires within their city have actually frequently been brought on by homeless people living underneath 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. When it went up in June 1870, the AC Boardwalk was one of the first of its sort in America.
Global Casinos Skyrocketing to $173.5 Billion in upcoming Five Years
Global gaming areas will be looking at healthy upward growth over the following 5 years.
It looks like the economy’s slow but steady recovery worldwide is right in line with all the motion of international gaming markets; that’s the word from CompaniesandMarkets.com, an outfit that assesses various industries and their market potential and growth. In accordance with the site, over the following 5 years, the global gaming industry will continue its upwards swing, fundamentally reaching about $173.5 billion by 2018, based on a projected 5.5% annualized growth rate. Other sources estimate growth become on an even higher upward trend, expecting it to reach $182.8 billion as soon as 2015.
Global Areas Just Starting to Bounce Back
New Online U.S. Markets Will Help Spur Growth
Complete Tilt Poker Claims Process Begins
Full Tilt Poker administrator Garden City Group says player refunds should soon be coming.
Simply a month after the Garden City Group posted a change permitting Americans with outstanding account balances at Full Tilt Poker (FTP) know that the remission process would be starting soon, another update that is official been granted stating that those whom had filed as potential victims in the case is receiving emails 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 change reads, talking about the emails that are required to be delivered over the next few days. ‘you believe you are eligible to participate in the remission procedure, you’ll register a new petition online using the online filing tab regarding the left sidebar of this internet site beginning September 18, 2013. in the event that you would not receive a message notice and’
As reported final month, the calculation formula for the remission process depends on the final account balance held in players’ Comprehensive Tilt accounts on April 15, 2011 the afternoon of the ‘Black Friday’ indictments and shutdowns. All players are anticipated to get 100% of the funds back through the remissions process, though there’s always the opportunity that the sum total of the claims unexpectedly exceeds the amount of money set aside for players an amount known as the FTP Fund. If that occurs, players would receive payments on a pro-rated foundation. However, this just isn’t likely to be problem in cases like this at this time.
Would You Know What You Are Owed?
It’s most likely that many players have no idea the exact quantity of money that was sitting in their account nearly two and a half years ago, and some may not even have idea that is vague all of this time. However, players can retrieve that information when they receive an email notice from the Garden City Group. That notice will contain both a Petition Number and a Control Number, allowing them to log in to the claims site. From there, players can see their FTP account balance, permitting them to know their account balance.
Assuming that players agree with the balance stated, they will not have to submit any extra documentation in order to make a claim. Nevertheless, if a player believes that the stated balance is wrong and wish to dispute it, they could upload supporting documentation to be able to ascertain a balance that is different. The claims site mentions potential paperwork including terminated checks and wire transfer records.
Victims have until November 16 to submit a Petition for Remission. Funds is compensated electronically into a bank account of each petitioner’s choosing.
The Garden City Group is acting as the claims administrator for the Full Tilt Poker Case, and is dealing with the United States Attorney’s office into the Southern District of brand New York, because well once the Asset Forfeiture and Money Laundering Section of the usa 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 element of that deal, PokerStars agreed to take responsibility for all Full Tilt accounts outside of the usa, as the Department of Justice would handle the repayment of American players. PokerStars has since relaunched Full Tilt Poker, allowing players global to either use their particular account balances regarding the site or cash them out as they desire. The new Comprehensive Tilt Poker is not for sale in the united states of america, however.
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