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Posted At : August 10, 2009 10:02 AM | Posted By : D McKee
Related Categories:
Downtown,Macau,MGM Mirage,Stanley Ho,Current,Entertainment
Not many of us make headlines by waking up in the morning and saying something. But when the future of over 50% of Macao's casino market hinges on A) your health and B) your plan of succession, and C) your name is Stanley Ho ... well, it's a big deal. Macau Daily Times is reporting that the elderly Ho is both conscious and articulate. However, it's also saying that he needs further surgery to extricate blood clots from his brain. My suspicion that the gambling oligarch suffered a stroke (or something very close thereto) and not a simple slip-and-fall -- was first reported -- is hardly dispelled by this latest news.
For reasons I was in the midst of outlining last Friday, just before the Big Computer Freeze destroyed it all, we're far from out of the woods on this. Also, the gathering of family members around the patriarch's sickbed is -- due to various business agendas -- somewhere between courtiers hovering around an ailing monarch and vultures circling potential prey.
Alas, all that must go onto the back burner until I deal with some outstanding business that includes reviewing L.A. Comedy Club at the Four Queens and Tickled Pink at Planet Hollywood. We had some extra time before the latter last night to contemplate CityCenter. Whether one likes it or not, it's going to make several nearby properties -- I'm looking at you Monte Carlo and especially New York-New York -- look very antiquated, bordering on tacky. With a few exceptions, the Wynn-initation themed resorts are proving to have surprisingly short shelf lives.
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- Shorter than Circus Circus? Can't be! After all, we're talking investments of $billions vs. $millions.
;-)
I love Stiffs & Georges. Please keep up the great information.