David Mckee's Stiffs & Georges: Hot air at Harrah's

David Mckee's Stiffs & Georges

Recent Entries

No recent entries.

Advertisement

Archives By Month

STAFF BLOGGERS

Robin Camacho
Las Vegas Real Estate

David McKee
Stiffs & Georges

Jean Scott
Frugal Vegas

Archives By Subject

Alaska (7) [RSS]

Alex Yemenidjian (29) [RSS]

Ameristar (39) [RSS]

Animals (26) [RSS]

Architecture (48) [RSS]

Archon Corp. (1) [RSS]

Aristocrat (4) [RSS]

Arizona (2) [RSS]

Atlantic City (231) [RSS]

Australia (14) [RSS]

Bally Technologies (4) [RSS]

Baseball (17) [RSS]

Boulder Strip (35) [RSS]

Boyd Gaming (121) [RSS]

California (30) [RSS]

Cannery Casino Resorts (29) [RSS]

Carl Icahn (19) [RSS]

Charity (12) [RSS]

Cirque du Soleil (28) [RSS]

CityCenter (21) [RSS]

Cloverfield monster (5) [RSS]

Colony Capital (57) [RSS]

Colorado (18) [RSS]

Columbia Sussex (170) [RSS]

Cordish Co. (9) [RSS]

Cosmopolitan (19) [RSS]

Current (370) [RSS]

Detroit (46) [RSS]

Dining (39) [RSS]

Don Barden (24) [RSS]

Donald Trump (73) [RSS]

Downtown (113) [RSS]

Economy (309) [RSS]

Election (151) [RSS]

Encore (29) [RSS]

Entertainment (185) [RSS]

Environment (14) [RSS]

Florida (26) [RSS]

Fontainebleau (51) [RSS]

Gary Goett (7) [RSS]

Genting (6) [RSS]

George Maloof (15) [RSS]

Golden Gaming (4) [RSS]

Goldman Sachs (9) [RSS]

Harrah's (372) [RSS]

Harry Reid (13) [RSS]

Herbst Gaming (31) [RSS]

Holy Cow (1) [RSS]

Horseracing (32) [RSS]

Illinois (46) [RSS]

Indiana (46) [RSS]

International (149) [RSS]

Internet gambling (33) [RSS]

Isle of Capri (44) [RSS]

Jack Binion (3) [RSS]

James Packer (67) [RSS]

Kansas (56) [RSS]

Kentucky (16) [RSS]

Labor (86) [RSS]

Lake Las Vegas (7) [RSS]

Lake Tahoe (13) [RSS]

Laughlin (17) [RSS]

Lawrence Ho (21) [RSS]

Louisiana (38) [RSS]

LVCVA (28) [RSS]

M Resort (17) [RSS]

Macau (172) [RSS]

Marketing (88) [RSS]

Maryland (8) [RSS]

Massachusetts (11) [RSS]

Melco Crown Entertainment (29) [RSS]

Mesquite (10) [RSS]

MGM Mirage (399) [RSS]

Michael Gaughan (10) [RSS]

Minnesota (4) [RSS]

Mississippi (34) [RSS]

Missouri (20) [RSS]

Monte Carlo fire (20) [RSS]

Morgans Hotel Group (32) [RSS]

Movies (57) [RSS]

Neil Bluhm (18) [RSS]

New York (9) [RSS]

North Las Vegas (3) [RSS]

Ohio (13) [RSS]

Oklahoma (3) [RSS]

Oscar Goodman (16) [RSS]

Pansy Ho (1) [RSS]

Penn National (95) [RSS]

Pennsylvania (102) [RSS]

Pets (21) [RSS]

Phil Ruffin (30) [RSS]

Pinnacle Entertainment (60) [RSS]

Planet Hollywood (58) [RSS]

Plaza (5) [RSS]

Politics (215) [RSS]

Problem gambling (15) [RSS]

Racinos (5) [RSS]

Regulation (190) [RSS]

Reno (12) [RSS]

Riviera (36) [RSS]

Sahara (11) [RSS]

Sheldon Adelson (268) [RSS]

Shuffle Master (5) [RSS]

Silverton (2) [RSS]

Singapore (30) [RSS]

Slot routes (5) [RSS]

South Carolina (2) [RSS]

Sports (26) [RSS]

Stanley Ho (64) [RSS]

Station Casinos (142) [RSS]

Steve Wynn (183) [RSS]

Tamares Group (23) [RSS]

Taxes (86) [RSS]

Technology (79) [RSS]

Texas (9) [RSS]

The Mob (9) [RSS]

The Strip (543) [RSS]

Tilman Fertitta (17) [RSS]

Tourism (37) [RSS]

Transportation (21) [RSS]

Tribal (103) [RSS]

Tropicana Entertainment (90) [RSS]

Wall Street (241) [RSS]

WMS Industries (5) [RSS]

World Series of Poker (6) [RSS]

Recent Comments

Illinois: No country for big casinos
JohnTerez said: What your name? , <a href="http://pdabooks.org/membe... noir wine&l... [More]

Nevada: The Stupid State
PortoM0n said: Don't go far away. , <a href="http://cool-wallpapers.ev... cool wall... [More]

They burned the Monte Carlo ... and may get away with it
JohnTerez said: Try see it. , <a href="http://smart.fm/lists/152... glass supplies</a>... [More]

Nevada: The Stupid State
PortoM0n said: Hi brothers and sisters! , <a href="http://boxesandarrows.com...... [More]

They burned the Monte Carlo ... and may get away with it
SoloJ3ss said: Great... , <a href="http://boxesandarrows.com... to make deer a... [More]

Search

Subscribe

Enter your email address to subscribe to this blog.

TAGS

alex yemenidjian ameristar animals architecture atlantic city australia baseball boulder strip boyd gaming california cannery casino resorts carl icahn charity cirque du soleil citycenter colony capital colorado columbia sussex cosmopolitan current detroit dining don barden donald trump downtown economy election encore entertainment environment florida fontainebleau g2e george maloof harrah's harry reid herbst gaming horseracing igt illinois indiana international internet gambling isle of capri james packer kansas kentucky labor lake tahoe laughlin lawrence ho louisiana lvcva m resort macau marketing massachusetts melco crown entertainment mesquite mgm mirage michael gaughan mississippi missouri monte carlo fire morgans hotel group movies neil bluhm ohio oscar goodman penn national pennsylvania pets phil ruffin pinnacle entertainment planet hollywood politics problem gambling regulation reno riviera sahara sheldon adelson singapore sports stanley ho station casinos steve wynn tamares group taxes technology the strip tilman fertitta tourism transportation tribal tropicana entertainment tv wall street

Hot air at Harrah's

Posted At : February 6, 2009 02:49 PM | Posted By : D McKee
Related Categories: Harrah's,Technology

In the course of reading some of Jean Scott's observations (always a valuable learning exercise), I came across this Wall Street Journal profile of the troubles at Harrah's Entertainment. I'd seen it before but one thing struck me afresh. One of the ways that CEO Gary Loveman planned to save money was by slowing down investment in technology. So why did his CFO recently liken present-day slot machines to pre-World War II products, especially if keeping pace with technology is now a low-priority item? I guess this is the new line of blame-shifting at Harrah's: "It's the slot makers' fault!"

Print | Send to Friend | del.icio.us | Digg It! | Linking Blogs | 1047 Views

Comments (Comment Moderation is enabled. Your comment will not appear until approved.)

Harrah's might be slowing down investments in technology at many of their properties but at the RIO...for the first time (in a long time) I've noticed new 'lease' slot machines in Masquerade Village, the old Club Rio is opening again, Masquerade Tower is going through some 'new' room renovations...all this in the objective of slowing down investments while the new Caesars tower is put on HOLD???
I think the rumors of a FOR SALE sign going up in front of the RIO is closer than it's ever been...

# Posted By GREGRIO | 2/7/09 8:18 AM

If only they'd re-paint the exterior.

# Posted By David McKee | 2/9/09 11:07 AM

What makes this even more entertaining is that Loveman built his academic career talking about meterics and analytics, thisngs yhat require a huge investment in technology.

He even wrote the foreword in "Competing on Analytics"

# Posted By OTC | 2/9/09 4:19 PM

[Add Comment]