Casino Cruise Ship Financing Ready

Friday, September 15, 2000
Viva Gaming & Resorts has reported that all financing required for the company's Texas Treasure casino cruise ship project in Corpus Christi, Texas is now fully secured and in place. The Texas Treasure, presently the only casino ship in the state of Texas, will operate twice daily cruises, each five to six hours in duration, seven days per week from Harbour Island, with its inaugural cruise and soft opening set for Friday evening, September 15 as previously announced. "Despite numerous and unexpected delays, we've moved at an extremely fast pace to ensure this project opened on schedule," Viva Gaming President and Chief Executive Officer, Marty Gross said. Viva Gaming executives expect the ship to draw well in excess of 400,000 passengers annually from all over the state, since it is the only place for offshore gaming in Texas. Introductory fares have been set at $19.95 for day and evening weekday cruises and $24.95 for Friday evening and Saturday cruises. The project is expected to generate approximately $40 million in revenues during its first full year of operations.
Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Ardmore Shipping Secures Newbuilding Finance

Ardmore Shipping Corporation says it has signed agreements to upsize its existing senior loan facility with ABN AMRO Bank N.V., Nordea Bank Finland Plc, and Skandinaviska Enskilda Banken AB ("SEB").

Gulf Island Fab Sign Bechtel Offshore Cooperation Agreement

Gulf Island Fabrication, Inc. says it has signed a cooperative agreement with Bechtel Oil, Gas, and Chemicals, Inc. to work together to pursue opportunities for offshore projects for the U.

Crowley Christens New DP2 Tugboat 'Ocean Sky'

Crowley Maritime Corp. says that the third of four tugboats in the Ocean-class series, 'Ocean Sky' has been christend  in Houston.  The ceremony served to formally

Cruise Ship Trends

Maritime Reporter @ 75: The Daily Cartoon

Maritime Reporter & Engineering News was founded by John J. O'Malley (1905-1980) in 1939, and today ranks as the world's largest audited trade publication in the world serving the maritime industry,

Concordia Tow Update: Smooth Sailing

The Costa Concordia wreck removal team reported this morning at 10:30 a.m. that after 22 hours of navigation, the convoy was over 50 miles off Giglio Island with about 140 miles from Genoa Prà-Voltri.

Royal Caribbean Profit Jumps on Higher European Demand

Royal Caribbean Cruises Ltd's quarterly profit beat analysts' average estimate as demand for its European and Chinese cruises increased and passengers spent more on board,

 
 
Maritime Careers / Shipboard Positions Maritime Standards Offshore Oil Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Ship Simulators Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1798 sec (6 req/sec)