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Notes from the South

Posted At : October 28, 2008 01:50 PM | Posted By : D McKee
Related Categories: Penn National,MGM Mirage,Harrah's,Mississippi,Steve Wynn

From dealer to GM: New Grand Biloxi Casino General Manager Steve Ditchkus worked his way up from the bottom of the casino pay scale to the corner office. Also, Harrah's Entertainment is still shaking the tree for joint-venture partners on its postponed Margaritaville project.

Speaking of Margaritaville: The businessman who's going to re-brand Trump Marina as the newest "parrothead" hangout is among those involved with the Broadwater Casino project, also in Biloxi.

A scuttled LBO means a good third quarter for Penn National Gaming. Elsewhere, a company spokesman says, "No way, José" (or words to that effect) regarding Steve Wynn's claim that Penn CEO Peter Carlino asked his MGM Mirage counterpart, J. Terrence Lanni, if Bellagio was for sale. That story earned Carlino some S&G ridicule and, if Wynn was talking through his hat, I apologize for buying into it.

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