Category Archives: Boulder Strip

Quote of the Day

"I predict a rough winter for Vegas. Swine flu may not be a pandemic, but it may really mess with the casino business. It could make the economic downturn look mild." — a locally based casino-industry expert, in an e-mail … Continue reading

Posted in Boulder Strip, Current, Downtown, Economy, The Strip, Tourism | Comments Off on Quote of the Day

Terror at Sam's Town?

On Sept. 15, local blogger Flipchip reported that Sam's Town was being swept by a crime wave. There was, he wrote, a "rash of robberies," including two perpetrated against his wife. She was, he wrote, "then berated by the on-duty … Continue reading

Posted in Boulder Strip, Boyd Gaming, Current | Comments Off on Terror at Sam's Town?

From the mailbag #4: California, tech troubles & 'resort fees'

Reader Kerr Mudgeon is less than amused by a recent dig at the cuisine offered by Commerce Casino to California firefighters. He writes: "The firefighters can go to numerous other nearby eateries if they don't like the FREE meals offered … Continue reading

Posted in Boulder Strip, Boyd Gaming, California, Current, Harrah's, Marketing, MGM Mirage, Morgans Hotel Group, Planet Hollywood, Sheldon Adelson, Station Casinos, Steve Wynn, Technology, The Strip, Tourism | Comments Off on From the mailbag #4: California, tech troubles & 'resort fees'

Optimism in Macao, euphoria at CityCenter

Relaxation of stringent visa restrictions from Guangdong Province came a full four months sooner than expected, starting Sept. 1. Now, residents will be able to visit Macao once a month instead of quarterly. While this has prompted J.P. Morgan to … Continue reading

Posted in Ameristar, Architecture, Atlantic City, Bally Technologies, Boulder Strip, Boyd Gaming, California, CityCenter, Cordish Co., Current, Economy, Entertainment, IGT, Indiana, Kansas, Macau, MGM Mirage, Penn National, Pinnacle Entertainment, Planet Hollywood, Sheldon Adelson, Station Casinos, Technology, The Strip, Wall Street, WMS Industries | Comments Off on Optimism in Macao, euphoria at CityCenter

Cro-Magnon economics; Packer play?; Harrah's boycotted

Still snowed under with non-S&G commitments, but here’s a brief dispatch. First, with apologies to Woody Allen … “The federal stimulus package is so bad” “Yes, and such small portions.” That’s the sum and substance of this diatribe, penned by … Continue reading

Posted in Atlantic City, Boulder Strip, International, James Packer, Pennsylvania | Comments Off on Cro-Magnon economics; Packer play?; Harrah's boycotted

Reality check

It's sackcloth-and-ashes time at the Las Vegas Review-Journal, which ran another "The end is nigh" story about falling gambling revenues. (The Aliante Station Effect appears to have petered out in North Las Vegas.) Yes, we're all the way down, down, … Continue reading

Posted in Boulder Strip, Boyd Gaming, Current, Downtown, Economy, Harrah's, Marketing, MGM Mirage, Michael Gaughan, North Las Vegas, Station Casinos, Taxes, The Strip, Tourism, Wall Street | Comments Off on Reality check

McKee vs. Lerner

Actually, the headline misstates what was a very collegial — if occasionally dissenting — exchange of views between Union Gaming Group's Bill Lerner and Yr. Humble Blogger on Jon Ralston's Face to Face show. It was only my second-ever gig … Continue reading

Posted in Atlantic City, Boulder Strip, Boyd Gaming, Colony Capital, Current, Economy, International, Kansas, Labor, M Resort, Macau, MGM Mirage, Sheldon Adelson, Singapore, Station Casinos, The Strip, TV, Wall Street | Comments Off on McKee vs. Lerner

Rough trade

May wasn't great for Las Vegas, to say the least, with hotel occupancy -6%, a figure somewhat amplified by the presence of 3% more hotel rooms. The local ADR of $96.96 would have been regarded as real money back in … Continue reading

Posted in Ameristar, Boulder Strip, Boyd Gaming, Downtown, Economy, Harrah's, Illinois, Indiana, MGM Mirage, Missouri, Neil Bluhm, Penn National, Regulation, Slot routes, The Strip | Comments Off on Rough trade

Quote of the Day

"From a purely employment standpoint, I think we are already in overcorrection territory. How long can you sustain that lower standard of employment before you really start to impact customer service?" — Jeremy Aguero of Applied Analysis, pointing out that … Continue reading

Posted in Boulder Strip, Downtown, Economy, Labor, The Strip | Comments Off on Quote of the Day

Station ixnays expansions

Stick a fork in Castaways Station — the forlorn patch of Fremont Street land is on the block … albeit at a considerable markup. Station Casinos, according to The Associated Press, is asking for $39.5 million on a vacant 30-acre … Continue reading

Posted in Boulder Strip, Boyd Gaming, Downtown, Station Casinos, Transportation | 1 Comment

The Company That Ate Itself

Perhaps it was with dry irony that the Las Vegas Review-Journal's latest Station Casinos story's subhead read, "Company blames economy, poached customers." And by whom might those customers have been poached? By Station Casinos itself! The company's imperial overreach has … Continue reading

Posted in Boulder Strip, Cannery Casino Resorts, Colony Capital, Economy, Herbst Gaming, M Resort, Station Casinos, The Strip | Comments Off on The Company That Ate Itself

Station vs. Boyd III: This time it's personal

You really have to hand it to Station Casinos CEO Frank Fertitta III. This dude has more lives than a cat. Every time you think his luck has run out, he slips the noose yet again. So it was Tuesday. … Continue reading

Posted in Boulder Strip, Boyd Gaming, Colony Capital, Current, Economy, Station Casinos, The Strip, Wall Street | Comments Off on Station vs. Boyd III: This time it's personal

Boyd vs. Station II

Well, that was a waste of a good hour. Boyd Gaming teased its Thursday morning conference call with intimations that All (or at least Some) Would Be Revealed about its surprise bid for most of the assets of Station Casinos. … Continue reading

Posted in Atlantic City, Boulder Strip, Boyd Gaming, Downtown, Economy, Florida, Harrah's, Indiana, Louisiana, Station Casinos, The Strip, Tribal, Wall Street | Comments Off on Boyd vs. Station II

Cannery sale on ice?

Nevada Gaming Control Board Chairman Dennis Neilander was kind enough to ring up pesky old NGCB detractor S&G today and provide some clarification on why Crown Ltd. and its supremo, James Packer, passed muster in the Silver State but have … Continue reading

Posted in Australia, Boulder Strip, Cannery Casino Resorts, James Packer, Macau, Melco Crown Entertainment, Pennsylvania, Regulation | Comments Off on Cannery sale on ice?

Station vs. Boyd

Seeing as I'm still trying to make sense of Boyd Gaming's offer to buy much (but not all) of Station Casinos — and some Station assets may not be worth obtaining — I'll just pass along Station's response to the … Continue reading

Posted in Boulder Strip, Station Casinos | Comments Off on Station vs. Boyd

Gibbons retreats, sorta

Gov. Jim Gibbons has scuttled away from one of his several proposals to jack up taxes on the only segment of Nevada that's carrying its own weight — the casino bidness. He's retreating from a demand that casinos pay taxes … Continue reading

Posted in Atlantic City, Boulder Strip, Boyd Gaming, Colony Capital, Columbia Sussex, Donald Trump, Downtown, Economy, M Resort, Marketing, Mesquite, Movies, Politics, Station Casinos, Taxes, TV, Wall Street | Comments Off on Gibbons retreats, sorta

Trop's agony soon to end?

The bad news is that the New Jersey Casino Control Commission has voted to grant yet another extension on the interminable sale of the Tropicana Atlantic City. The good news that it’s merely been pushed out another month, not the … Continue reading

Posted in Atlantic City, Boulder Strip, Carl Icahn, Columbia Sussex, Donald Trump, Pinnacle Entertainment, Regulation, Tropicana Entertainment, Wall Street | Comments Off on Trop's agony soon to end?

Looking for good news in Vegas

If I wanted to drive myself to strong drink, I could write about depressing, atrocious numbers coming out of Nevada casinos in December. But as that great philosopher, Linus in Peanuts, would remind me, it's better to light a single … Continue reading

Posted in Atlantic City, Boulder Strip, Boyd Gaming, Downtown, Economy, Gary Goett, George Maloof, Harrah's, Laughlin, MGM Mirage, Michael Gaughan, Morgans Hotel Group, Station Casinos, Tamares Group, Texas, The Strip, Tilman Fertitta, Tribal, Wall Street | Comments Off on Looking for good news in Vegas

False economies

In today's edition of "You Know What Really Grinds My Gears?" … As counterintuitive as it seems, one of the first things to take it in the neck during the present recession is customer service; cleanliness is the other. (Jean … Continue reading

Posted in Boulder Strip, Election, Station Casinos | Comments Off on False economies

Bargain$ tonight in Vega$

Suppose that you got a sudden urge to visit Vegas on a Tuesday night … tonight, to be specific. You’d find that the customer is king, at least as far as pricing goes. A few minutes spent browsing Travel.Ian.com yielded … Continue reading

Posted in Boulder Strip, Boyd Gaming, Columbia Sussex, Current, Don Barden, Donald Trump, Downtown, Economy, Harrah's, Marketing, MGM Mirage, Sheldon Adelson, Station Casinos, Steve Wynn, The Strip | Comments Off on Bargain$ tonight in Vega$