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- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
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Category Archives: Architecture
Japan: The impossible happens
Just when even Wall Street analysts were giving up hope — and ahead of schedule — Japanese Prime Minister Shinzo Abe got a casino-legalization bill through the Diet. This isn’t the end of the process, although casinos are now legal, … Continue reading
Posted in Architecture, Boyd Gaming, Cannery Casino Resorts, Donald Trump, Economy, Geoff Freeman, Hard Rock International, Japan, Kazuo Okada, MGM Mirage, North Las Vegas, Regulation, Sheldon Adelson, Technology, Tourism, Transportation
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Japan: Another failure; Reading the Trump tea leaves
According to Morgan Stanley analysts, the chances of pro-casino legislation passing in Japan this year are “quite low.” Yes, Prime Minister Shinzo Abe has booted the ball yet again. His big push [sic] to bring casinos to the Land of … Continue reading
Posted in Architecture, California, Delaware, Donald Trump, Florida, Genting, Internet gambling, James Packer, Japan, Law enforcement, Macau, MGM Mirage, Nevada, Politics, Sheldon Adelson, Singapore, South Korea, Station Casinos, Tourism, Tribal
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Pennsylvania lawmakers screw the pooch; Adelson’s way or the highway
Pennsylvania communities are scrambling to reach voluntary revenue-sharing accords with the casinos they host after the Legislature left the issue in limbo. Rather than address the host-community fee on its own, the House of Representatives tacked on approval of Internet … Continue reading
Posted in Architecture, Environment, GLPI, Golden Gaming, Greenwood Racing, Harrah's, Internet gambling, Maryland, Massachusetts, Penn National, Pennsylvania, Politics, Regulation, Sheldon Adelson, Slot routes, Steve Wynn, Taxes, Technology
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Taj Mahal: Soon with 100% less Trump?; Sands jams up players
While the last vestiges of Donald Trump‘s ownership of Trump Taj Mahal were liquidated when Carl Icahn took over, it retained the name and continued to buy Trump Water. (The taste of douchebaggery?) What concerns politicians in Trenton is the prospect … Continue reading
Posted in Affinity Gaming, Architecture, Atlantic City, Carl Icahn, Charity, Cirque du Soleil, Donald Trump, Downtown, Entertainment, Harrah's, International, Politics, Sheldon Adelson, The Strip, Tilman Fertitta, Tropicana Entertainment
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Parisian debuts, Adelson still thinking big
Sheldon Adelson™ has refrained from pre-hyping his Parisian Macao, preferring to let the product speak for itself. It opened last night to the customary fireworks display, as well as a dazzling light show on the megaresort’s half-size Eiffel Tower. Additional … Continue reading
Posted in Architecture, Cirque du Soleil, Entertainment, International, Macau, MGM Mirage, Movies, Sheldon Adelson, Singapore, Stanley Ho, Steve Wynn
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Parisian opens amid uncertainty; Jones attacks old-boy network
While Sheldon Adelson‘s Las Vegas Review-Journal covered the opening of Wynn Palace from a safe distance, it has sent Richard Velotta to Macao to be on hand for today’s opening of Parisian Macao. What he discovered, among other things, was … Continue reading
Posted in Architecture, Boyd Gaming, California, Galaxy Entertainment, Harrah's, IGT, International, Japan, Macau, Melco Crown Entertainment, MGM Mirage, Nevada, Pinnacle Entertainment, Scientific Games, Sheldon Adelson, South Korea, Station Casinos, Steve Wynn, Wall Street
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Boulder Station goes union; Neon Museum sets records
Having finally bowed to management’s stipulation of a secret ballot election, as opposed to a card check, the Culinary Union can belatedly claim a victory in its long-running war with Station Casinos. Employees at Boulder Station, under the oversight of … Continue reading
Tax fight in Pennsylvania; Adelson donation goes awry
Sands Bethlehem could soon pocket another $10 million a year but it’s letting Mount Airy Casino do the heavy lifting. The latter is arguing to the Pennsylvania Supreme Court that the flat, yearly fee falls disproportionately on small casinos, not … Continue reading
Posted in Architecture, California, Eldorado Resorts, Greenwood Racing, International, Internet gambling, Law enforcement, Massachusetts, Neil Bluhm, Oklahoma, Pennsylvania, PokerStars, Sheldon Adelson, Steve Wynn, Taxes, Tribal
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Wynn: Overextended in Macao?
Daiwa Securities Group put “sell” ratings on Wynn Macau Ltd. and Sands China, arguing that projections that the Wynn Palace and Parisian megaresorts would reverse declines in Macao gambling “remain overly optimistic.” Analysts Adrian Chan and Jamie Soo wrote that … Continue reading
Posted in Architecture, Dining, Galaxy Entertainment, International, Isle of Capri, Macau, Melco Crown Entertainment, MGM Mirage, Neil Bluhm, New York, Sheldon Adelson, Stanley Ho, Steve Wynn, Technology, The Strip, Tourism, Wall Street
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Big month for Atlantic City; Wanna be president?
Casino gambling revenue in Atlantic City was up 5%, to $258 million, last month and Internet gaming revenues pole-vaulted 39%, exceeding $17 million. Higher coin-in at the slots translated into a 3% growth in one-armed banditry while a 7% increase … Continue reading
Posted in Architecture, Atlantic City, Boyd Gaming, Election, Harrah's, Internet gambling, Massachusetts, MGM Mirage, Mohegan Sun, Tilman Fertitta, Tropicana Entertainment, Unite-Here, Westgate LV
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June in Vegas: The house won; Wynn gets spanked in Macao
While a 10% increase in June gambling revenues on the Las Vegas Strip fell short of some Wall Street analysts’ projections, it was a healthy month nevertheless. Slot winnings were up 10% ($253 million) on only 1% higher coin-in. Luck … Continue reading
Posted in Architecture, Boulder Strip, Downtown, Economy, Lake Tahoe, Laughlin, Macau, Nevada, North Las Vegas, Regulation, Reno, Steve Wynn, The Strip, Wall Street
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Tribal gaming reaches new high; New concept for Railroad Pass
Last year was the best ever for tribal casinos, up 5% from 2014, coming in just a bit shy of $30 billion. Recent efforts to align tribal and private-sector casino interests come at a time when the tribal sector could … Continue reading
Posted in Architecture, Dubai, Economy, Election, Indiana, Kazuo Okada, Macau, MGM Mirage, Mississippi, Nebraska, Philippines, Regulation, Transportation, Tribal, Tropicana Entertainment
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Happy ending for casino site; DFS not out of the woods in New York
There’s a happy ending to the saga of Bavarian Brewery, which had been purchased by Columbia Sussex a decade back in hopes that it would be Kentucky‘s first casino. The building has lain fallow ever since and ColSux has gone … Continue reading
Posted in Architecture, Boyd Gaming, Columbia Sussex, Geoff Freeman, GLPI, Harrah's, Illinois, Internet gambling, Kentucky, Law enforcement, Massachusetts, MGM Mirage, Neil Bluhm, New York, Penn National, Sports
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Station trumps stadium selection
Station Casinos has vaulted to the forefront of the parties vying to host an NFL-size stadium on their property. While Station’s vast real estate bank has long been viewed as the ace up its sleeve, the company has had difficulty … Continue reading
Posted in Architecture, Lucky Dragon, MGM Mirage, Riviera, Sheldon Adelson, SLS Las Vegas, Sports, Station Casinos, The Strip, Transportation
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Patient, heal thyself!; Copperfield’s new crib
Seemingly taking its talking points from Gov. Chris Christie (R), the Wall Street Journal opened a can of whup-ass on Atlantic City. (It also tried to drag casino flip-flopper Hillary Clinton into the argument but that was too much of … Continue reading
Posted in Architecture, Arizona, Atlantic City, Donald Trump, Economy, Regulation, Taxes, Technology
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Rumor du jour
Does imminent doom hover over Excalibur? An S&G source says MGM Resorts International is talking about imploding it and replacing it with a “higher-end resort.” The alleged motivation is to keep up with Steve Wynn and his Wynn Paradise Park … Continue reading
Posted in Architecture, Dining, Entertainment, MGM Mirage, Steve Wynn, The Strip
2 Comments
Quote of the Day
“It’s fun to see stuff get teared down, so …” — area resident Raiyanne Shepher, on the demolition prefacing construction of MGM Springfield.
Posted in Architecture, Massachusetts, MGM Mirage
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Revel … still not open; Cautious hope for Internet gambling in Pennsylvania
Glenn Straub‘s once-bold gambit to reopen Revel has turned into an embarrassing face-plant. Perhaps rushing to market in hopes of beating Bart Blatstein‘s Showboat to the hotel traffic, Straub announced a hasty revival of Revel as a casino-hotel without … Continue reading
High-stakes legal challenge in Florida; Free-for-all in New York
A relatively obscure dispute in the Florida panhandle could have huge ramifications for the state’s casino industry. Four years ago, voters in Gadsden County approved slot machines for Gretna Racing, a joint venture of two Tallahassee lobbyists and the Poarch Bank … Continue reading
Posted in Architecture, Atlantic City, Delaware, Economy, Election, Florida, Genting, Harrah's, Horseracing, Internet gambling, MGM Mirage, Nevada, New York, Politics, Racinos, Regulation, Seminole Tribe, Sheldon Adelson, The Strip
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Raiders to Vegas? Don’t bet against it
The boulder that is Mark Davis‘ and Sheldon Adelson‘s attempt to move the [your city here] Raiders to Las Vegas is gaining momentum as it rumbles downhill. The growing support among NFL owners is not unconditional. Sin City would be one … Continue reading
Posted in Architecture, Atlantic City, Carl Icahn, history, LVCVA, Macau, Massachusetts, MGM Mirage, Oklahoma, Sheldon Adelson, Sports, The Strip, Tourism, Tropicana Entertainment, Trump Entertainment Resorts, Unite-Here, Wall Street
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