Miami’s New $87m Casino Opens

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In the midst of talk surrounding resort-style casinos in Miami, the city debuted the brand new Casino Miami Jai-Alai. The 40,000-square-foot addition to the Miami Jai-Alai facility cost $87 million, and includes 1,050 slots machines, a room for poker and dominoes, restaurants and entertainment venues too.

What’s interesting is that Casino Miami Jai-Alai almost didn’t come to fruition since the Florida Gaming Corporation was lacking serious funds. At one point, the casino was left unfinished and in limbo, which led to a leaky roof. Fortunately though, the company received the $87 million in financing they needed to complete the project.

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Florida Gaming Corp. Chairman William B. Collett discussed the casino’s completion by saying, “We are proud to be part of this dynamic community that we all love. Our privately funded expansion marks a major turning point for economic redevelopment and revitalization of our neighborhood.” The businessman continued by adding, “The successful construction and development of Casino Miami Jai-Alai is a result of the cooperative efforts of dedicated employees, committed management team, contractors, vendors and countless others who worked in tandem to ensure this day would come to fruition.”

Those in and around the Miami area hope that this casino expansion can bring hundreds of new jobs to the city, and revive the struggling Miami Jai-Alai club. The facility thrived in the 1980’s and 90’s when it’s fronton (courts) were filled with basque pelota players. However, the tennis-like sport has lost a lot of popularity in recent times, and the Jai-Alai club was suffering as a result.

But players are hoping that Casino Miami Jai-Alai can help the sport and business experience a major spike in growth over the next few years.

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