BELIZE CITY, Belize--(BUSINESS WIRE)--The Grand Belize Entertainment Group has announced plans to build a world-class casino resort and spa paired with an online casino, a concept slated to be the very first of its kind by integrating an online entity within the design of a casino resort.
Casino gaming is projected to be a $390 billion industry in 2013. The online gaming segment remains one of the fastest growing in the industry with an average growth rate of 23% per year since 2003 and 32% in 2011.
Michael Glauser, chief operating officer of The Grand Belize Entertainment Group, said, “we are excited to be on the forefront of this innovative concept in gaming. As one of only four licensed casinos to Belize, the launch of the online casino will attract gaming aficionados around the globe while promoting our world-class property in Belize, even before it opens.”
According to Glauser, Peak Gaming Group will support the development, launch, and management of the online casino, which is scheduled to launch worldwide second quarter 2014. Blue Sky Advisory Group has been selected to assist in the development and manage the day-to-day operation of the casino resort and spa.
Initial plans call for the resort casino to encompass nearly 315,000 square feet, with approximately 700 slot machines and 20 to 25 gaming tables. In addition to the casino, there will be private gaming areas as well as mobile gaming applications available throughout the property’s restaurant and lounges. In an effort to provide players an all encompassing entertainment experience, guests in the online casino as well as in the casino resort will be able to earn and redeem promotional offers in either space.
Designed by industry renowned architectural firm Westar in tandem with International Environments, the resort hotel will encompass up to 200 guest rooms and suites. The architecture and quality of construction will reflect its place as the finest overnight destination in Belize. The resort will include a world-class spa in addition to a pool deck complete with family-friendly water features.
Another key component of the project will be the development of a 40,000 square-foot duty free retail offering that will include upscale retail shops by many of the world’s leading designers.
Groundbreaking for the property is scheduled 2014 with a grand opening planned for 2015.
About The Grand Belize Entertainment Group
The Grand Belize Entertainment Group is known for their success in marketing casinos in the US and beyond. Developing and executing strong, focused branding differentiates the firm from the competition. The synergy of the combined brand for the Grand Belize Entertainment’s Casino Resort & Spa and its online gaming entity is a major component of the overall success in the project. For more information visit www.grandbelizeent.com.
About Peak Gaming Group
Peak Gaming Group employs some of the most talented and accomplished professionals in gaming, information technology and online marketing. For more information, visit www.peakgaminggroup.com.
About Blue Sky Advisory Group
Blue Sky Advisory Group helps clients discover opportunities and efficiencies, maximize growth, and increase profits. The company has a unique formula of over 100 years of hospitality and gaming experience and an innovative mix of disciplines including management, finance, development, marketing, and operations. For more information, visit http://www.blueskyadvisorygroup.com.
About Westar Architects
Westar Architects was formed in 1997 in Las Vegas in order to serve the casino capital of the world. Master planning, architecture, interior design, branding and restaurant development are all services provided as a cohesive effort. The firm has been built by gaming industry leaders and has become an award winning, nationally ranked hospitality force. For more information visit http://www.westararchitects.com.
About International Environments
International Environments is an all-inclusive firm providing a range of integrated services in development, architecture, planning, and construction. The firm boasts highly resourceful design teams that render powerful lifestyle, building and architectural environmental concepts worldwide. For more information, visit www.belize-architect.com.
“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995:
This Press Release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as The Grand Belize Entertainment Group or its management “believes,” “expects,” “anticipates,” “foresees,” “forecasts,” “estimates” or other words or phrases of similar import. Similarly, statements herein that describe The Grand Belize Entertainment Group's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.