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Illinois: No country for big casinos
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Nevada: The Stupid State
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They burned the Monte Carlo ... and may get away with it
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Nevada: The Stupid State
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They burned the Monte Carlo ... and may get away with it
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Posted At : April 25, 2008 04:46 PM | Posted By : D McKee
Related Categories:
Detroit,The Strip
Here, to get the weekend off to a flying start, is some fun time-lapse video of Casino Windsor being re-crowned Caesars Windsor. The best part is the balls-y music cue. Where'd they get it?
Hooters sagging bonds: Deep in today's paper was a squib about the Hooters casino-hotel's bond rating sagging further into junk status (down to Caa3). The still-in-progress sale also left Moody's unimpressed. "Given the prolonged turbulence in the credit markets, the rating agency expresses skepticism regarding the materialization of the transaction in its current terms," it said. That seems to be bond-speak for, "It's been a year and this transaction still hasn't closed, and -- given that the credit market had dried up like a year-old prune -- we doubt that it ever will."
Seriously, if the lyrically named Hedwigs Las Vegas Top Tier LLC can't pull the trigger on that purchase already, it's time to shop this bosomy casino (whose new theme has been an unqualified bust) around somewhere else.
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