{"id":31449,"date":"2022-07-26T07:38:48","date_gmt":"2022-07-26T15:38:48","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/?p=31449"},"modified":"2023-09-26T14:51:06","modified_gmt":"2023-09-26T22:51:06","slug":"jottings-for-a-tuesday","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/blog\/jottings-for-a-tuesday\/","title":{"rendered":"Jottings for a Tuesday"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-content\/uploads\/2022\/07\/Mirage.jpg?w=980&#038;ssl=1\" alt=\"\" class=\"wp-image-31450\"\/><\/figure>\n\n\n\n<p class=\"has-drop-cap\">You know it&#8217;s a slow news week when today&#8217;s front-and-center lead story in the <em>Las Vegas Review-Journal<\/em> is that a <strong>Lotus of Siam<\/strong> will open <a href=\"https:\/\/www.fox5vegas.com\/2022\/07\/25\/famed-las-vegas-eatery-lotus-siam-open-red-rock-resort-part-casino-wide-transformation\/\">in a refreshed<\/a> <strong>Red Rock Resort<\/strong>. With nothing of pressing urgency in the press these last few days, we&#8217;ll update you with various odds and ends, such as &#8230; <strong>Cirque du Soleil<\/strong>&#8216;s <em>Love<\/em> has received <a href=\"https:\/\/www.casino.org\/vitalvegas\/love-contract-extended-at-mirage-questions-abound\/\">a one-year stay of execution<\/a> at <strong>The Mirage<\/strong>, extended into and perhaps through 2023. All bets are off once <strong>Hard Rock International<\/strong> consummates the purchase. Only CEO <strong>Jim Allen<\/strong> knows for sure and he ain&#8217;t talking, including addressing the bigger question of whether The Mirage proper will remain open during the massive rebranding of the resort. <em>Love<\/em>&#8216;s marquee is conspicuously missing from the Hard Rock rendering above &#8230; <\/p>\n\n\n\n<!--more-->\n\n\n\n<p>The return of <strong>Adele<\/strong> to <strong>Caesars Palace<\/strong> <a href=\"https:\/\/www.casino.org\/vitalvegas\/adele-announces-new-residency-dates-at-caesars-palace\/\">has got off on the wrong foot<\/a>, with <strong>Ticketmaster<\/strong> arbitrarily reassigning dates to ticket holders, regardless of whether they can attend or not. (It&#8217;s not called &#8216;Ticketbastard&#8217; for nothing.) What remains to be seen is whether Adele 2.0 will be a music-first show or a reboot of the super-spectacle that crashed and burned last January &#8230; <strong>Bally&#8217;s Corp<\/strong>.&#8217;s August 4 earnings call will have to spin the holdup on its unpopular, $110 million <strong>State College<\/strong> satellite casino. The problem isn&#8217;t Bally&#8217;s but co-owner <strong>Ira Lubert<\/strong>, who <a href=\"https:\/\/www.casino.org\/news\/state-college-casino-near-penn-state-university-on-hold\/\">wasn&#8217;t qualified to partner<\/a> with Bally&#8217;s\u2014or so <strong>Cordish Gaming<\/strong> contends. Cordish, having lost out on State College, is not exactly impartial &#8230; With inflation still on the upswing and U.S. disposable income on the decline, the long-running casino recovery <a href=\"https:\/\/igamingbusiness.com\/has-us-ggr-growth-run-out-of-gas\/\">could be about to expire<\/a>. Recent state GGR revenue reports certainly support this. Economist <strong>Paul Girvan<\/strong> warns, &#8220;The next quarter of revenue data will be definitive.&#8221; &#8230; <\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-content\/uploads\/2017\/04\/californiastate-seal.jpg?w=980&#038;ssl=1\" alt=\"\" class=\"wp-image-19599\"\/><\/figure>\n\n\n\n<p>&#8220;Liar, liar, pants on fire!&#8221; is <a href=\"https:\/\/sportshandle.com\/latest-california-no-digital-wagering\/\">the latest campaign tactic<\/a> of <strong>California<\/strong> tribes who oppose private-sector-backed <strong>Proposition 27<\/strong>, arguing that 90% of the profits from sports betting will be exported out of state. We&#8217;re skeptical that Prop 27 will raise &#8220;hundreds of millions&#8221; to combat homelessness, as backers contend but both it and tribal-centric <strong>Proposition 26<\/strong> have serious drawbacks. The <strong>American Federation of State, County &amp; Municipal Employees<\/strong> came out against Prop 26, saying it would &#8220;bankrupt community cardrooms&#8221; &#8230;. Sports betting was a success in May in <strong>Arizona<\/strong>, generating $55 million in revenue\u2014less $14 million in free play and promos. 18 operators vied for a piece of the action but four were dominant: <strong>FanDuel<\/strong> ($25 million), <strong>DraftKings<\/strong> ($14 million), <strong>BetMGM<\/strong> ($10 million) and <strong>Caesars Sportsbook<\/strong> ($3.5 million), leaving crumbs for everyone else.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>You know it&#8217;s a slow news week when today&#8217;s front-and-center lead story in the Las Vegas Review-Journal is that a Lotus of Siam will open in a refreshed Red Rock Resort. With nothing of pressing urgency in the press these last few days, we&#8217;ll update you with various odds and ends, such as &#8230; Cirque [&hellip;]<\/p>\n","protected":false},"author":83928,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[1728],"tags":[],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/posts\/31449"}],"collection":[{"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/users\/83928"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/comments?post=31449"}],"version-history":[{"count":0,"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/posts\/31449\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/media?parent=31449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/categories?post=31449"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/tags?post=31449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}