Who Owns The Hard Rock Casino In Tampa Fl

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Best Renovation (within the past year) – Southeast, Seminole Hard Rock Hotel & Casino Tampa: Seminole Hard Rock Hotel & Casino Tampa is a premier entertainment destination in Central Florida touting 800 guest rooms and suites and more than 28,000 square feet of meeting and event space that allows guests to find the perfect harmony for any. Owned and operated by the Seminole Tribe of Florida, Seminole Hard Rock Hotel & Casino Tampa is one of the largest and most successful casinos in the world offering award-winning gaming, hospitality. An Analysis of Slot Machine Payback Percentages at Seminole Casinos in Florida by Steve Bourie. The Seminole Tribe of Florida has six casinos in the state: Seminole Hard Rock Hotel & Casino-Tampa; Seminole Hard Rock Hotel & Casino-Hollywood; Seminole Casino-Coconut Creek; Seminole Classic Casino-Hollywood; Seminole Casino-Brighton; and Seminole Casino-Immokalee.

  1. The Hard Rock Casino Atlantic City
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Robert Toussie — a New York developer with enough clout to secure a presidential pardon for his son in 2008 that was revoked the same week it was issued — bragged about using his friendship with Donald Trump as part of an alleged revenge scheme against a former business partner who also has ties to the president, according to an explosive lawsuit filed in Miami-Dade Circuit Court last month.

The Hard Rock Casino Atlantic City

Richard Fields, and his Delaware company Coastal Development, are suing Toussie for fraud, negligent misrepresentation, breach of fiduciary duty, tortious interference and defamation in connection with their partnership that co-developed the Seminole Hard Rock Hotel and Casino in Hollywood and its sister gaming resort in Tampa.

Attorneys for Fields declined comment. Jonathan Lupkin, Toussie’s attorney, said Fields’ complaint has no merit. “This case is a Hail Mary,” Lupkin said. “It is an attempt to come out from under a multimillion-dollar judgment entered in New York State Supreme Court against Mr. Fields and Coastal.”

In late 2016, arbitrator and New York attorney Elias Leo Milonas ruled that Fields and Coastal violated the partnership agreement by refusing to pay Toussie its share of a lump sum payment that was part of a 2007 settlement agreement from the Seminole Tribe for more than $200 million to buy out the two partners. The previous year, Toussie settled a lawsuit against Fields over the casino resorts’ profits in which both parties agreed to handle any future disputes through arbitration. Milonas identified other breaches by Fields, including his leveraging of the partnership’s casino resort revenue to finance loans that fueled a lavish lifestyle filled with property purchases in New York, Florida, Texas and Wyoming, where he borrowed nearly $30 million from Bank of America to buy a ranch.

Charles Ramos, a justice in the New York Supreme Court’s commercial division, confirmed Milonas’ findings in April 2017.

According to Fields’ lawsuit, Toussie “significantly supported Trump’s presidential campaign” and attended the president’s Jan. 20, 2017 inauguration. A former show business promoter, Fields learned the casino business as a consultant for Trump’s Atlantic City gaming properties from 1995 to 1999, according to media reports. The pair subsequently teamed up to strike a deal with Florida’s Seminole Tribe to develop the Hollywood and Tampa casino resorts.

But Trump backed out and sued Fields in 2004 over the failed partnership.

The litigation was terminated four years later when Fields’ company Coastal Marina agreed to buy the Trump Marina Hotel Casino in Atlantic City for $316 million, although the deal never closed amid the 2008 real estate market crash. In 2011, Trump Entertainment Resort sold the casino resort at a deep discounted price of $38 million to Houston-based hospitality company Landry’s.

Meanwhile, Fields brought in Toussie as a minority partner in the Seminole development deals, in which the New York real estate mogul saw his initial $2.88 million investment turned into more than $40 million in profits over a 15-year span, the complaint states.

However, Toussie sought arbitration against Fields two years ago after he stopped receiving monthly payments that represented his share of the casino resort revenue. Milonas awarded Toussie $6.7 million in future gaming revenue payments from the Seminole casinos deal covering the period from 2016 to 2029, and $812,430 in attorney fees, according to the complaint. During a summer 2017 meeting with a mediator, Toussie allegedly named-dropped Trump while complaining about Fields, the complaint alleges. Fields has a pending appeal of the arbitration award.

“Robert further stated that if Fields did not pay Robert the arbitration award that he will follow through and have Fields prosecuted and thrown in jail,” the lawsuit alleges. “And that Fields would then have to beg Robert to appeal to Trump to have Fields pardoned.”

Fields accuses Toussie of rigging the arbitration hearing and screwing him over as retaliation for making his business partner write an affidavit more than a decade ago that Toussie’s son Isaac has no involvement in the Seminole casino partnership, and that criminal investigations and civil lawsuits involving other Toussie projects would not have an adverse impact on Coastal’s stake in the Hollywood and Tampa gaming projects, as well as future casino deals.

Toussie attorney Lupkin declined to comment on the specific allegations in Fields’ lawsuit, but said the casino executive is trying to deflect from his own improprieties. “The conduct here by Mr. Fields was completely inappropriate,” Lupkin said. “The arbitrator, E. Leo Milonas, is one of the most preeminent appellate judges that has ever sat on the appellate bench in New York. He is widely respected by all. His findings are very damning in my view.”

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Seminole Hard Rock Hotel & Casino
Address 1 Seminole Way, Hollywood, FL 33314
Opening dateMay 11, 2004[1]
ThemeRock and Roll / Music
No. of rooms469
Total gaming space140,000 sq ft (13,000 m2)
Notable restaurantsHard Rock Cafe
Council Oak Steaks & Seafood
Kuro
Casino typeLand-based
OwnerHard Rock International
(Seminole Tribe of Florida)
Websitewww.seminolehardrockhollywood.com

Seminole Hard Rock Hotel & Casino, also known as 'The Guitar Hotel', is a hotel and casino resort near Hollywood, Florida, United States, located on 100 acres (40 ha) of the Hollywood Reservation of the Seminole Tribe of Florida.[2] The property currently has one hotel tower, a 140,000 sq ft (13,000 m2) casino, large poker room, a 4 acres (1.6 ha) lagoon-style pool facility with a center bar and many private cabanas, restaurants, shops, spa, bars and nightclubs, and the Hard Rock Event Center.[3][4][5] A large expansion was completed in October 2019.[6]

Rock

Hotel[edit]

Construction work in progress, December 2018
Hard

The resort currently has a 12-story 'classic Hard Rock Hotel'[7] with 469 guest rooms and suites.[8] Guests are greeted by a 50-foot (15 m) tall signature Hard Rock guitar, (based on a famous Gibson electric guitar model) at the entrance of the hotel, along with a massive LED advertising screen at the front of the main parking garage. The resort has 120,000-square-foot (11,000 m2) of meeting space, including a 38,000-square-foot (3,500 m2) exhibit hall.

The Hard Rock's $1.5 billion property expansion project added a 450-foot (140 m) 'Guitar Hotel'[9] with 638 rooms and a seven-story 168-room 'Oasis Tower' overlooking the pool cabanas[7]—these new buildings were scheduled to open on October 24, 2019,[6] several months in advance of Super Bowl LIV being held in Miami on February 2, 2020. The expansion also included a 42,000-square-foot (3,900 m2) 'Rock Spa', and over 20 new dining and nightlife destinations. Between the existing 12-story hotel, new Guitar Hotel, and new Oasis Tower, over 1,200 hotel rooms became available in October 2019[10].

On May 9, 2014, Seminole chairman James Billie announced a $100 million upgrade of the tribe's casinos, with much of that spent on the Hard Rock Hollywood location, including improved entryways, center pool bar, pool facility upgrades, updated hotel room and suite interiors, and a new restaurant.[11] As of March 2019, the tribe's upgrade budget was significantly increased to over $2.4 billion, split mainly between this location and the Seminole Hard Rock Hotel and Casino Tampa.[12]

Casino[edit]

The current casino layout covers over 140,000 sq ft (13,000 m2) featuring slot machines and various table games including blackjack, baccarat, mini baccarat, Pai Gow poker, Let It Ride and three card poker.[13] The casino does not have live craps and roulette, although there are electronic versions of those games available. As of June 2018, the poker room is located in a former ballroom area, relocated from its prior venue due to ongoing construction work.

The Hard Rock Casino Las Vegas

Blackjack is the most popular card game in the United States and was an addition to the casino. In a deal valued at $1.1 billion, former Governor Charlie Crist gave the Seminole Tribe a license for blackjack in its casinos. In exchange, The Seminole Tribe loaned the State of Florida $1.1 billion over the course of two years. On July 3, 2008, the Florida Supreme Court ruled that the governor's agreement was unconstitutional, but table games continue to operate because the Federal Department of the Interior approved the now-invalid pact with the state.[14] The addition of blackjack to the Hard Rock casinos in Hollywood and Tampa gave credibility to its claim of being a major gambling destination.[15]

Entertainment[edit]

Hard Rock Live[edit]

Hard Rock Live is a 7,000 seat multi-purpose theater, which opened on October 25, 2019 with a concert by Maroon 5. The theater replaced a 5,500 seat arena of the same name, which hosted different types of events including musical acts, comedians, boxing and other smaller events, along with a residency by Billy Joel. The arena was razed in March 2018 as part of the property-wide expansion which included the new theater.[16] During construction of the new theater, events were held at the temporary 3,500 seat Hard Rock Event Center, which hosted acts like Britney Spears on her Piece of Me Tour.[17]

Notable incidents[edit]

Model Anna Nicole Smith, who was staying at the resort, died in her hotel room on February 8, 2007. An autopsy ruled her death was caused by a drug overdose.[18]

See also[edit]

References[edit]

  1. ^'Tribe opens Hard Rock casino'. Florida Today. Cocoa, Florida. AP. May 11, 2004. Retrieved March 3, 2018 – via newspapers.com.
  2. ^'Fact Sheet'. Ictv1.com. Retrieved 11 August 2010.
  3. ^'Dining & Restaurants - Seminole Hard Rock Hollywood'. Seminolehardrockhollywood.com. Retrieved 30 December 2018.
  4. ^'Nightlife & Entertainment - Seminole Hard Rock Hollywood'. Seminolehardrockhollywood.com. Retrieved 30 December 2018.
  5. ^'Hard Rock Event Center Concerts & Shows'. seminolehardrockhollywood.com. Retrieved June 19, 2019.
  6. ^ ab'The New Hard Rock'. seminolehardrockhollywood.com. Retrieved June 19, 2019.
  7. ^ ab'Hotel'. seminolehardrockhollywood.com. Retrieved June 19, 2019.
  8. ^'Rooms & Suites - Seminole Hard Rock Hollywood'. Seminolehardrockhollywood.com. Retrieved 30 December 2018.
  9. ^'Guitar Hotel Tower At Seminole Hard Rock Hotel & Casino Begins To Rise'. Fort Lauderdale Daily. Retrieved 2019-08-13.
  10. ^Doss, Laine. 'Here Are All the Food and Drink Spots Now at Hard Rock Hollywood'. Broward Palm Beach New Times. Broward Palm Beach New Times. Retrieved 18 June 2020.
  11. ^Sortal, Nick (9 May 2014). 'Seminoles plan to spend $100 million this year'. Sun-Sentinel. Retrieved 10 May 2014.
  12. ^'The New Hard Rock'. seminolehardrockhollywood.com. Retrieved March 3, 2018.
  13. ^'Casino & Gaming - Seminole Hard Rock Hollywood'. Seminolehardrockhollywood.com. Retrieved 30 December 2018.
  14. ^Farrington, Brenda (July 3, 2008). 'Florida Supreme court nixes casino pact'. The Seattle Times. AP. Archived from the original on 2016-04-01. Retrieved March 20, 2012.
  15. ^Hafenbrack, Josh (April 22, 2009). 'Crist, Seminole tribe unveil $1.1 billion deal'. Sun-Sentinel. Archived from the original on April 24, 2009.
  16. ^'George Lopez Brings 'The Wall World Tour' to Hard Rock Event Center at Seminole Hard Rock Hotel & Casino in Hollywood, Fla. Saturday, May 26, at 8 p.m.'seminolehardrockhollywood.com (Press release). February 20, 2018.
  17. ^Maslow, Nick (January 23, 2018). 'Surprise! Britney Spears is taking her Las Vegas show on tour in the U.S. and Europe'. Entertainment Weekly. Time Inc. Retrieved January 27, 2018.
  18. ^Goodnough, Abby; Fox, Margalit (February 9, 2007). 'Anna Nicole Smith is Found Dead in Florida'. The New York Times.

Further reading[edit]

  • 'Are You Ready to Play?'. Sun-Sentinel. Fort Lauderdale, Florida. April 23, 2004 – via newspapers.com. Grand Opening Party, May 11
  • Holland, John (May 12, 2004). 'Odds-on favorite'. Sun-Sentinel. Fort Lauderdale, Florida – via newspapers.com.
  • 'Vegas-style slots debut at Hard Rock casino'. The News-Press. Fort Myers, Florida. AP. January 29, 2008 – via newspapers.com.
  • Sortal, Nick C. (June 7, 2008). 'It's a big deal: Blackjack starts June 22'. Sun-Sentinel. Fort Lauderdale, Florida – via newspapers.com.

External links[edit]

Coordinates: 26°03′05″N80°12′36″W / 26.051318°N 80.210034°W

Who Owns The Hard Rock Casino In Tampa Fl Address

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