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Case Bets: Orleans, El Cortez, Harrah's arena

Posted At : July 16, 2008 09:34 AM | Posted By : D McKee
Related Categories: Downtown,Harrah's,Boyd Gaming

I'm in the second day of stomach flu, so small portions are advisable ...

A "juice job" that followed two fatalities at The Orleans has come under federal scrutiny. In an unrelated development, Boyd Gaming board member Luther Mack has stepped down. Boyd says his seat will remain unfilled. Maybe he was irked by a rule change that requires a two-thirds vote of Boyd shareholders to call a special meeting, up from the former requirement of 50%. Maybe not. But with Boyd stock in the toilet (and unfairly so, IMO) it's a way to keep those unruly shareholders at bay.

El Cortez critiqued. $26 million of renovations were sufficient to lure City Life's Andrew Kiraly back to "the venerable El Cortez." He notes a significant winnowing-out of the slot floor, along with signs of still-in-progress work elsewhere. "The new carpet is bright, firm and strangely edible-looking," though, and "even the patrons seem to have a new spring in their skulk."

Don't be discouraged: Coming from the caustic Kiraly, this is an out-and-out rave.

If the Las Vegas Weekly's search engine weren't such and out-and-out frack-up, I'd be only too happy to point you toward a dispassionate, well-substantiated takedown of the dubiousness of piggybacking a sports arena onto Bally's Las Vegas. (One word: parking?) It's by Damon Hodge and well-worth reading ... if you can find it, that is. Hodge deserves better.

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