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Bellagio sold again; Atlantic City sob story; Trump busted

It’s getting very difficult to tell the players without a scorecard in the game of the REIT-ification of the Las Vegas Strip. Case in point, Bellagio, which now has three owners. There’s MGM Resorts International, which holds a token 5% stake. Then there’s Blackstone Real Estate, whose ownership has just been diluted to 73%. And now there’s Realty Income, which is paying $950 million for the privilege of owning 22%. $300 million goes toward direct ownership, while the rest is channeled toward yield-bearing preferred equity interest. The deal should be consummated by year’s end and will probably have no discernible effect on your Bellagio experience.

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Buffet Update – September 2023

Buffet Update - September 2023

BellagioThe Buffet at Bellagio: Italian Grill Night dinner on Wednesday is completely removed. No dinner buffet on Thursday either. Dinner is Friday  

Circus CircusCircus Buffet: Until further notice, no buffet on Monday. Brunch is now Fri-Sun, 7 a.m.-2 p.m. for $30.99. Dinner is Fri & Sat, 4:30-10 p.m. for $32.99. Dinner is no longer served on Sunday.

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Sports Gambling Hall of Fame Launched at Circa

On August 14, sports betting legends Billy Baxter, Jack Franzi, Jackie Gaughan, Bob Martin, Roxy Roxborough, Scotty Schettler, Jimmy Vaccaro, Billy Walters, Charles McNeil, and Frank “Lefty” Rosenthal were inducted into the Sports Gambling Hall of Fame at Circa.

Located in an enclave inside one of the world’s two largest sports books, the HoF honors bookmakers and bettors who have notably transformed the sports betting industry.

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Exxcite: The Show — Does!

Exxcite: The Show — Does!

Just opened in late July, Exxcite: The Show is a late-night burlesque-style revue that features six female dancers and a singer. It’s produced and choreographed by Jennifer Romas, well known in Vegas for her topless show Sexxy, which played for years at the Westgate Cabaret, then for a while as Sexxy After Dark at Larry Flynt’s Hustler Club. This new show is staged in the 300-seat Duomo Theater at the Rio.

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La Popular — Another Winner for the Palms


La Popular is a one brand from Grupo Carolo, among Mexico’s most recognized and extensive restaurant groups. The original restaurant is a favorite in Mexico City; the first U.S. venue opened in Roseville, California, in 2022. Since then, two more have opened in California, one in Austin, Texas, and most recently at the Palms.

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No Pants by — Who Else? — Spiegelworld

No Pants 11

Spiegelworld is a good name for the Las Vegas-based live-entertainment production company: It’s definitely a world unto itself.

Producers of Absinthe at Caesars Palace, OPM at the Cosmopolitan, and Atomic Saloon Show at Palazzo, Spiegelworld also owns the entire town Nipton, California, 60 miles from Vegas, which it’s in the process of turning into a “circus settlement.” In addition, Spiegelworld operates Superfrico, the “psychedelic Italian” restaurant at Cosmo, and recently-ish opened No Pants at Caesars Palace.

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Main Street Station Dinner Buffet — Where Is Everyone?

We arrived on a Friday night right at 6 p.m., thinking we might have to wait in line for 20 to 30 minutes to get into the only downtown buffet, which serves dinner Fri. and Sat. nights only. Au contraire! We didn’t have to wait even 20 seconds. We just walked right up to the cashier, paid, and had plate in hand within a minute.

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Horseshoe can’t save Louisiana; Big Brother returns

Despite only grossing $7.5 million last month, Horseshoe Lake Charles was the difference between an unadjusted, 6% decline in gambling revenue for Louisiana and a same-store, 10% declivity (lagging prosperous 2019 by 4%). Even so, the country’s most adverse casino state was led by L’Auberge du Lac ($27 million, -13%), enjoying a temporary edge on Golden Nugget ($26 million, -18%), although Horseshoe is taking a big chomp out of both their backsides. Delta Downs didn’t get through unscathed, either, down 12% to $14 million. The reinvention of Harrah’s New Orleans into a Caesars continues slowly, very slowly, with the casino raking in $17.5 million in July, a 23% plunge. Nobody else seems to have picked up significant business, given that Treasure Chest was off 14% to $7 million and Boomtown New Orleans faded 13% to $9 million. Fair Grounds racino grossed $3 million (-14.5%), Amelia Belle did the same (-12.5%), whilst Evangeline Downs actually went 4% higher to $6.5 million. It’s good to see somebody improving in the Bayou State.

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Podcast – Bob Nersesian episode #6

This is a brief episode with our favorite gambling attorney Bob Nersesian. Bob is on with breaking news for professional gamblers regarding the trespass statute in Nevada.

You can reach me at [email protected], or find me on Twitter @RWM21 or @lifeisagamblepod on Threads. If you like the show please tell a friend you think might like it, or if you are really ambitious leave a review wherever you listen.

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