Jew wrote:I doubt they are worried about competition or being associated with a casino.
They absoultely are. Disney has stated many times they don't want to be associated with gambling. This has come up many times with their cruise ships and why you don't see casinos on any of Disney Cruise Lines.
I still don't buy that as the reason for trying to get out of this deal though. I understand them being anti gambling for anything that carries the Disney brand (the same way they won't release R rated movies under Disney label), but this is slightly different IMO since it's not directly Disney branded.
Really believe it goes back to the place just being sketchy and Fox/Disney wanting out because it will damage the brand. This was 2-3 years ago now, but someone I know who was brought in as one of the vendors in an important role did not hesitate to say that he left after a few months because of what a mess the project was.
The wording in the Universal contract says something along the lines of "the area must be kept up to current industry standards," which is why you saw Spiderman get 4K projectors and the complete re-build of Hulk...Don't think Genting is even doing that currently, so...
This is my understanding as well. They were huge donors in support of Florida's recently-passed Amendment 3, which effectively limits the expansion of gambling in the state.
The Seminole tribe was also a huge backer of that proposition. In that case, IMO, Disney was just looking to block competition.