Anyone who meets Caesars Entertainment Chairman/President/CEO Gary Loveman is likely to be overcome by a strong whiff of self-importance. It’s not just palpable, it’s quantifiable. This week we learned that Caesars had spent lugging Loveman hither and yon, at a cost of $536K, supposedly for “security reasons.” Is Loveman too afraid of his own workforce that he doesn’t dare fly commercial? Or would be rather not mingle with the hoi polloi? I suspect it’s more of the latter than the former. Anyway, Caesars is trying to wriggle out of a $12 million tax bill for its air corps, which is how Loveman’s half-million clams in free rides came to light.
Macao‘s government has denied rumors that it’s going to lift its cap on
table games in the enclave. What are the odds that one or more of the six casino operators started the rumor, perhaps in an effort to stampede Fernando Chui‘s administration? However, the local government is signaling its flexibility on the issue of croupiers from the mainland. Resident croupiers are dead set against it. Secretary for Economy and Finance Francis Tam Pak Yuen has proposed a governmental policy that stops short of an outright ban, leaving the door open for non-resident croupiers down the road.
