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- Atlantic City rebounds; Sibella dumped; NFL suspicions
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- David McKee on Sibella scandal spreads; Supremes forestall Seminoles
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
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Category Archives: Atlantic City
Margaritaville on the rocks
Long-serving — and long-suffering — Biloxi Mayor A.J. Holloway has lost patience with Harrah’s Entertainment. He is convinced that the metamorphosis of Grand Casino Biloxi into Margaritaville Casino is kaput and that Harrah’s will tear down what little it has … Continue reading
Posted in Ameristar, Animals, Archon Corp., Atlantic City, Boyd Gaming, Carl Icahn, Charity, Current, Donald Trump, Economy, Encore, Environment, Fontainebleau, George Maloof, Harrah's, Holy Cow, Indiana, International, Louisiana, MGM Mirage, Mississippi, Movies, Pennsylvania, Pets, Phil Ruffin, Planet Hollywood, Plaza, Riviera, Sahara, Sports, Steve Wynn, The Strip, Tourism, TV, Wall Street
5 Comments
Quote of the Day
“I suspect we’ll be talking about growth in the next couple of months. I always think tomorrow is going to be better than today.” — Harrah’s Entertainment‘s East Coast chief, Don Marrandino, whistling past the graveyard that is Atlantic City, … Continue reading
Posted in Atlantic City, Current, Economy, Pennsylvania, Tropicana Entertainment
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Aqueduct: Penn screws the pooch
Since tout le monde is fixated upon where LeBron James will play next season (is it OK for me to say I don’t care?), this seems like the moment to observe that Penn National Gaming bricked an easy layup. That’s … Continue reading
New casino pitched for Massachusetts
Even though the Massachusetts state Senate has opted to go with destination casinos, Suffolk Downs racetrack is putting its chips on a racino-centric bill currently before the assembly. The track has three things going for it: proximity to Boston plus … Continue reading
Posted in Atlantic City, Current, Donald Trump, Horseracing, Macau, Massachusetts, Pennsylvania, Politics, Racinos, Sheldon Adelson
2 Comments
Aqueduct: Then there were three
As the contentious racino contract for Aqueduct Racetrack is rebid, the field has narrowed to three suitors, all of whom are in enviable cash positions. Penn National Gaming‘s bankroll has taken on Holy Grail status, Genting Bhd has a money-spinner … Continue reading
Posted in Atlantic City, California, Columbia Sussex, Cordish Co., Current, Election, Florida, Genting, Harrah's, history, Lake Tahoe, Maryland, Massachusetts, New York, Ohio, Penn National, Pennsylvania, Politics, Problem gambling, Racinos, Regulation, Reno, Taxes, Tribal
1 Comment
Dick Cheney, casino headliner
It’s no joke. The ex-veep is part of a new entertainment regime at the Atlantic City Hilton. After nearly mismanaging the property into extinction, owner Colony Capital has given President Michael Frawley $20 million, which Frawley’s plowing into a new … Continue reading
Posted in Atlantic City, Colony Capital, Dining, Economy, Entertainment, Marketing, Politics
5 Comments
MGM Mirage jumps the shark
A foolish band of MGM Mirage shareholders did its best imitation of a herd of sheep and voted through management’s absolutely dreadful idea of renaming the company MGM Resorts International. So June 15 marks the date that the Mirage Resorts … Continue reading
Posted in Atlantic City, CityCenter, Colony Capital, Current, Detroit, International, Marketing, MGM Mirage, Steve Wynn
4 Comments
Recovery: Wait ’til next year
Executives at MGM Mirage haven’t exactly changed their tune but they’ve tweaked the lyrics a bit. Whereas they used to predict a second-half upturn in 2010, now they say 2011 is the magic number and that they’ve got the numbers … Continue reading
Posted in Atlantic City, CityCenter, Current, Economy, Illinois, Iowa, MGM Mirage, Sheldon Adelson, Steve Wynn, The Strip
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“Yup, it’s in bad shape”
That’s what a correspondent wrote after seeing a ginormous photo of the sadly faded Paris-Las Vegas “balloon” marquee. For the grisly details click here. Planet Hollywood, this could be you. Just give it a few years. On the subject of … Continue reading
“The CityCenter shuffle”; Atlantic City saved … for now
That’s what subcontractors are calling the maze of paperwork they’ve had to negotiate while laboring on MGM Mirage‘s $8.5 billion metaresort. When it comes to real estate and construction coverage in Las Vegas, there’s Tony Illia and then there’s everybody … Continue reading
Harrah’s $1.5B Bratislava bet; Marina Bay Sands booms; Falcons swoop upon Hilton, etc.
With almost no exception other than The Newspaper That Shall Remain Nameless, a $1.85 billion Metropolis project headed up by Harrah’s Entertainment has flown completely under the radar of the U.S. media ever since its announcement last October. Oh, some … Continue reading
N.Y. casino expansion pimped
Casinos in the Catskills have been touted as an economic panacea for nigh unto a decade. We all know the ensuing score: much hype, little accomplishment. Still, that has not prevented one New York gubernatorial candidate from dusting this idea … Continue reading
Posted in Atlantic City, Current, Economy, Election, New York, Pennsylvania, Politics, Taxes, Wall Street
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When in doubt, attack
With New Jersey Gov. Chris Christie waffling and threatening to sidle over to the horsey set, granting them their long-held wish for racinos, former Atlantic City mayor and current state Sen. James Whelan (below) launched a preemptive strike. He wants … Continue reading
Posted in Atlantic City, Horseracing, Macau, Politics, Racinos
1 Comment
The Ribis Factor
Today’s a hectic one: four bylines due and not much time for S&G. However, I am the beneficiary of some number-crunching conducted by a reader, who’s been following the decline and fall of Colony Capital‘s two Atlantic City casinos under … Continue reading
Posted in Atlantic City, Colony Capital, Current, Donald Trump, Economy, Entertainment, George Maloof, Harrah's, Marketing, Mississippi, Planet Hollywood, Politics, Racinos, Taxes, The Strip, Wall Street
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“The American consumer is toast”
If you think MGM Mirage CEO Jim Murren sounds apocalyptic when he forecasts no major development on the Las Vegas Strip until circa 2020 (heck, Carl Icahn may keep Fontainebleau on ice until 2015) then get a load of this … Continue reading
From the mailbag
A reader writes … “I have noticed a definite reduction of postings to this blog. Is there just nothing to write about or is everything going to Twitter? I don’t twitter and really miss the information from this blog.” Where … Continue reading
Posted in Atlantic City, Current, Station Casinos, Technology
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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
Blasts from the past
Steve Wynn‘s been taking himself a mite too seriously of late, which makes me wonder whatever happened to this guy? At least the “hair helmet” look is a thing of the past. Sadly, so too is the Golden Nugget Atlantic … Continue reading
Posted in Atlantic City, Colony Capital, Harrah's, James Packer, Marketing, Phil Ruffin, Steve Wynn, The Strip, TV
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How ’bout “Frankie & Lon’s Shack o’ Slots”?
So, will $10 billion Viva precede or follow those condo towers next to Palace Station in the grand Station scheme of things? There are any number of gaming companies about which one can write with approbation. Station Casinos is not … Continue reading
Quote of the Day
“[Steve] Wynn does business in Las Vegas, where Gaming Inc. pays a 6.75 percent tax rate and casino bosses bray like thunderstruck donkeys when someone reminds them Mississippi casinos pay 8 percent, Atlantic City casinos contribute 9[%], and Louisiana riverboats … Continue reading
Posted in Atlantic City, Louisiana, Macau, Mississippi, Steve Wynn, Taxes
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