Operator News
US – Cala Corp. plans James Bond-like undersea structure for Miami
By Lewis - 19 March 2018
Houston-based, Cala Corporation has signed a construction agreement with Chinese ship-builder, Cosco Dalian, to build a Miami offshore development the size of 14 football pitches. Cala claims to be in the early discussion stage with casino companies to explore the possibility of co-developing the 120,000sq.ft. gaming space, which is set to include 2,000 slots and 100 tables.
The first location is planned to be permanently moored in international waters off the shore of Miami, within 25 minutes of the downtown area by sea. The location is set in international maritime waters, which means zero taxes and is outside the Federal and State Gambling Laws.
The rest of the bizarre press release (we haven’t made this up, it’s on BusinessWire) states the advantages are too many to mention, starting with being open for business 24/7. Not to mention the property’s total footprint of 500,000 sq.ft. The property is designed to accommodate up to 10,000 guests per day, with guest transportation either by tailored fast ferries several large helicopters, or presumably submersible cars.
From this moment on the company states it will focus exclusively on building offshore casino resorts as the ROI is much higher in respect to land-based casino resorts. On an ongoing basis, the company will seek to pre-sell each new property asset to gaming hospitality owners. It’s worth noting that Cala Corp. delayed its 10-Q filing in November 2017, with auditors raising concerns about the company as a going concern in June of last year. The company admits that raising funds for the project will be the hardest part of the venture. So if there’s an Ernst Stavro Blofeld out there looking for a new lair, please get in touch.
