Sale of Casino Miami Jai-Alai completed
06/27/2014 7:07 PM
06/27/2014 7:19 PM
Fronton Holdings completed the acquisition of Casino Miami Jai-Alai on April 30, after prevailing in the auction set forth by the bankruptcy court following Florida Gaming Centers’ Chapter 11 filing, said Rene Guim, spokesman for Casino Miami Jai-Alai, now owned by Fronton Holdings.
Fronton Holdings’ financial partners also provided the original funding for the 40,000-square-foot expansion of the Miami Jai-Alai fronton, which added more than 1,000 Vegas-style slot machines, two new bars, a restaurant and a renovated poker room, according to Casino Miami Jai-Alai. The renovated Jai-Alai venue also offers concerts and boxing.
But Fronton Holdings also plans a host of additional capital improvements to enhance the customer experience.
“Work will commence in the next couple of months. The facade will be completely transformed creating a new and better sense of arrival for our customers,” said Guim.
“We are going to be developing a new high-end gaming area, and we are developing an exclusive area for our best customers,” said Guim. There will also be a state of the art electronic table games pit and new and improved restaurant concepts, he said.
The casino at 3500 NW 37th Ave. in Miami has remained open through the court process. All customer loyalty rewards and programs will continue and customer rewards points will be maintained and honored, Casino Miami said.
Dave Jonas, an executive who served on the casino development team, has been appointed interim president of Fronton Holdings, which owns both the Miami and Fort Pierce properties.
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