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Category Archives: Alabama
Rio: The big gundown; CityCenter: The big showdown
While Caesars Entertainment struggles to rid itself of dilapidated The Rio, it’s attracted another problem that will diminish its “curb appeal.” A gang-related gun battle erupted in the wee hours of Sunday morning atop The Rio’s parking garage. At least … Continue reading
Posted in Alabama, Architecture, CityCenter, Current, Harrah's, MGM Mirage, The Mob, The Strip, Tribal
3 Comments
Lost: Steve Wynn’s marbles
Oh Christ, Steve Wynn, grow up already. Busy Wall Street analysts were held hostage to a 433-word talk-radio tirade while they were probably itching to write up quarterly earnings reports. When other CEOs might have been bragging on an “amazing … Continue reading
“Family friendly Vegas” is back; Putting the “gone” in Longoria; A mess in Mississippi
Actually, it never left, as any casual visit to the Strip will prove. But, strapped for a marketing position, Trump International is going for the wholesome niche with a vengeance. Stuck with a lemon, Trump marketing execs are making lemonade … Continue reading
Posted in Alabama, Architecture, CityCenter, Current, Donald Trump, Economy, Entertainment, Environment, Marketing, MGM Mirage, Mississippi, Politics, Regulation, The Strip, Tourism, Tribal
2 Comments
Gary Loveman, not so visionary
Here’s a hypothesis for why the lenders holding the note on Colony Capital‘s underwater (more like submerged in Davey Jones’ Locker), market-lagging Atlantic City Hilton believe they can get as much as $75 million for the old place. If state … Continue reading
Musical chairs at Trump (again)
High-ranking executive jobs at Trump Entertainment Resorts aren’t for “lifers.” Having steered Trump through yet another bankruptcy, CEO Mark Juliano is exiting stage right, “leaving to pursue other opportunities” — the latest executive to be purged. Nobody stays long atop … Continue reading
Off to the races
Several gubernatorial jousts have serious implications for casino expansion in this great U.S. of A. In Ohio, Gov. Ted Strickland (D and once tipped as a possible vice-president) is trailing former Rep. John Kasich (R), based on poll results aggregated … Continue reading
Posted in Alabama, Atlantic City, Economy, Election, Harrah's, Iowa, Maryland, Massachusetts, Minnesota, Ohio, Penn National, Politics, Racinos, Regulation, Texas, Tribal
1 Comment
Riviera: Non-story of the year
In what was 2010’s biggest foregone conclusion, Riviera Holdings filed bankruptcy yesterday. This has been coming a long time although the scanty news coverage leaves it unclear whether what’s taking place is the pre-packaged bankruptcy that would see the Riv … Continue reading
Posted in Alabama, Animals, Boyd Gaming, CityCenter, Current, Economy, Election, International, Macau, MGM Mirage, Michael Gaughan, Pansy Ho, Politics, Regulation, Riviera, Sheldon Adelson, Silverton, Steve Wynn, The Strip, Tourism, TV, Wall Street
3 Comments
Quote of the Day
“Gaming industry observer William Thompson, a professor of public administration at the University of Nevada, Las Vegas, said IGT is a credible, Nevada-regulated slot machine company that would be very careful about legalities.” — Yes, the same carefulness toward legalities … Continue reading
Posted in Alabama, California, Current, IGT, Internet gambling, Technology, Tribal
Comments Off on Quote of the Day
“Vote for me or I’ll bust a cap …”
Dale Peterson – political ad @ Yahoo! Video It’s primary day in Alabama, the day we find out if any of the candidates who make it to November are more amenable to electronic bingo than is outgoing Gov. Bob Riley … Continue reading
Case Bets: Macao, Maryland, Internet casinos
April was a bonny month for Macao, where overall visitation rose 13% and mainland Chinese tourism rose 17%. Now if only Peking would take its hand off the spigot known as visa quotas, we might have some honest-to-god year/year comparisons … Continue reading
Posted in Alabama, Cordish Co., IGT, Internet gambling, Kentucky, Macau, Maryland, Politics, Regulation, Sports, Taxes, Technology, The Strip, Tourism
2 Comments
While Atlantic City burns …
While Atlantic City burns, Gov. Chris Christie fiddles. After coming into office saying the right things about helping the state’s casino industry, Christie has spent most of first months in office dithering uselessly. Having waited until A) the Revel project … Continue reading
Wynn delivers
Surprising as ever, Steve Wynn showed up in Philadelphia yesterday bearing a sheaf of renderings for his proposed casinos — three weeks ahead of schedule. Wynn’s final design looks a mite grander than the one he let Steve Friess photograph, … Continue reading
Quote of the Day
“I believe the Indian gambling empire is a greater threat to American security than Islamic jihadists.” — anti-gambling zealot Randy Brinson, who’s had issues with the private sector, too.
Posted in Alabama, Cretins, Current, Sheldon Adelson
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Aqueduct: Penn got hosed
Despite its runaway hyperbole, this Empire State editorial makes a good point: The Aqueduct racino deal smells like a week-old fish and ought to be investigated. (It isn’t — but it should be.) Since all bids involved multiple players, sorting … Continue reading
Posted in Alabama, Atlantic City, Carl Icahn, Downtown, Fontainebleau, Harrah's, Macau, MGM Mirage, New York, Penn National, Pennsylvania, Politics, Racinos, Sahara, Steve Wynn, Tamares Group, The Strip, Tribal, TV
2 Comments
Aren’t we glad?
When given lemons, make lemonade. When hit with a throat infection, lay low and scrounge around for S&G fodder. So it is today — and I didn’t have to scrounge very far. While Las Vegas didn’t dodge too many bullets … Continue reading
Posted in Alabama, Architecture, Atlantic City, Bally Technologies, Carl Icahn, Dubai, Economy, Entertainment, Harrah's, IGT, Illinois, Indiana, James Packer, Pennsylvania, Planet Hollywood, Regulation, Steve Wynn, Technology, The Strip, Transportation, Tropicana Entertainment, Wall Street, WMS Industries
3 Comments
Case Bets: Mohegan Sun, Alabama, Weidner, Dubai & a big bet on MGM Mirage
Could default or bankruptcy be in the offing for Mohegan Sun? The tribal supercasino’s attempts to get out from under an onerous fee arrangement with Sol Kerzner and Len Wolman are not only facing heavy weather, Mohegan Sun is also … Continue reading
The evils of bingo; Wynn’s Aqueduct exit
America’s sixth-largest casino is in rural Alabama and it commands hotel prices comparable to CityCenter. Its 6,400 Class II devices mean that VictoryLand (above) is one gargantuan e-bingo hall. Due to the state’s patchwork set of laws, e-bingo is legal … Continue reading
Posted in Alabama, Cretins, Current, Economy, Harrah's, International, Isle of Capri, Louisiana, New York, Pinnacle Entertainment, Politics, Racinos, Singapore, Steve Wynn, Taxes
1 Comment
