Genting Successful Bidder for Omni Bus Terminal Redevelopment; Proposes Hotel on Site

Casino megaowner Genting has been given the go-ahead to build a 300-room hotel or another commercial structure depending on market conditions on the site of Miami-Dade’s Omni bus terminal. The county commission’s transportation committee has backed up the proposal by a 90-year-lease contract for the public property.

There were no other applicants for the county bid to redevelop the bus terminal and revamp the adjacent Metromover station. The project foresees the construction of the Genting tower with a ground floor retail area, as well as a refurbished bus station with air-conditioned waiting rooms. As for improvements to the Metromover station, those will focus on the redevelopment of parking lots aiming at boosting train and bus ridership and reducing traffic congestion.

According to county authorities, Genting will generate about $55 million in rent and percentage of revenue for the county for the duration of the lease.

Miami-Dale Commissioner Sally Heyman has referred to the deal as “a win-win for the county that wants to get transit projects going”.

Recent Posts

UK Gambling Commission issues a £6m fine to online operator Casumo

The UK Gambling Commission has issued a £6m (EUR 7.0m / USD 8.2m) penalty to online operator Casumo for severe…

3 weeks ago

Dutch Remote Gambling Act comes into force April 1

The Dutch Gambling Authority (Kansspelautoriteit/Ksa) expects that by October 1 this year, roughly 6 months from the enactment of the…

3 weeks ago

888 Holdings report a staggering 52% increase in revenue during 2020

Amidst a global pandemic, 888 Holdings has reported a staggering 52% increase in revenue during full-year 2020 to $849.7 million…

4 weeks ago

Playtech and Flutter shake hands on another 5 years

Playtech, a leading global gambling technology company, have announced the extension of their partnership with Flutter Entertainment for its Paddy…

4 weeks ago

Will FUN Token be on solid ground in iGaming?, a large online (crypto) casino is ambitious and is looking to turn the FunFair (FUN)Token into the token of…

4 weeks ago

Has Swedish regulation failed?

Gustaf Hagman strongly believes so. In a recent interview with Gambling Insider, the LeoVegas Chief Executive Officer expressed his concern…

2 months ago