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- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
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Category Archives: Boyd Gaming
Case Bets: Boyd speaks, Kansas stalls & problem gamblers get the shaft
Boyd Gaming CEO Keith Smith weighs in on the subject of emerging markets. Significant by its omission: Florida. Boyd got its fingers burnt down there and knows better than some in the industry that it’s not the Land of Opportunity … Continue reading
Posted in Atlantic City, Boyd Gaming, Current, Detroit, Economy, Florida, Kansas, Lyle Berman, Midnight Jim Gibbons, Politics, Problem gambling, Regulation, Sheldon Adelson, Tamares Group, Tribal
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Case Bets: Sands in Singapore, casinos in Hawaii, Foxwoods’ prophecy
What a turnaround: Las Vegas Sands has finally ‘fessed up that India will be a top feeder market for Marina Bay Sands (left). There’s no shame in that — it simply gives S&G the opportunity to remind Sands that we … Continue reading
Posted in Boyd Gaming, Current, Economy, Genting, International, Labor, Sheldon Adelson, Singapore, Taxes, Tribal
3 Comments
Torino’s big gamble
At a time when the bottom has fallen out of Las Vegas Strip land prices what possessed Brett Torino to make an uncontested, above-market bid for a small and awkwardly configured piece of Strip real estate? Before we get to … Continue reading
Case Bets: Laughlin postmortem, Newton grounded, Gibbons robs problem gamblers
It’s an S&G Special Austerity Edition (i.e., no pictures) … Three grand. That’s the value of a human life in Nevada. The Washingtonian who crashed his car into Laughlin‘s Edgewater casino, killing two and injuring seven, is out on $6,000 … Continue reading
Posted in Alex Yemenidjian, Architecture, Boyd Gaming, Current, Detroit, Economy, Entertainment, Harrah's, IGT, Laughlin, MGM Mirage, Midnight Jim Gibbons, Movies, Politics, Problem gambling, Regulation, Reno, Transportation, TV, Wall Street, Wayne F. Newton
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Feast or famine
While we in Las Vegas struggle to reconcile long nightclub lines and (depending on which casino you visit) full gaming floors with but smallish increases in revenue and visitation, it’s one big-ass Christmas over in Macao. Revenue skyrocketed 63% last … Continue reading
Posted in Boyd Gaming, Economy, Entertainment, Harrah's, Harry Reid, James Packer, Lawrence Ho, Macau, Melco Crown Entertainment, MGM Mirage, Pansy Ho, Sheldon Adelson, Stanley Ho, Steve Wynn, The Strip
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Illegal casino bucks mar NV governor’s race
OK, with a candidate field that includes scandal-prone incumbent Midnight Jim Gibbons, you might ask, “What’s there to mar?” Well, how ’bout illegal overseas campaign cash funneled to former North Las Vegas Mayor Michael Montandon (left) by the reclusive owners … Continue reading
If you’re not in Vegas today …
… you’re not missing anything, I’m afraid. The skies are battleship gray and likely to remain so the rest of the week, dampening attendance at CityCenter‘s pocket park. On the other hand, that’s perfect weather to stay indoors and gamble, … Continue reading
Posted in Animals, Boyd Gaming, CityCenter, Current, Entertainment, Labor, Pets, The Strip
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From the S&G Twitter feed …
• Fertittas sell 10% of UFC to Abu Dhabi, new LV sugar daddy, presumably to stave off [Boyd Gaming] takeover of [Station Casinos]. http://tinyurl.com/yzhbmv2 • [Penn National Gaming] gets deadline extension in [Kansas]. http://tinyurl.com/yawfuqk • Aria room rates continue to … Continue reading
Posted in Boyd Gaming, CityCenter, Current, Entertainment, Florida, International, Kansas, MGM Mirage, Penn National, Politics, Regulation, Sports, Station Casinos, Steve Wynn, The Strip, Tribal, TV
5 Comments
Big payoff for Pennsylvania
Gov. Ed Rendell (D) and other state leaders have got to be feeling the love for the Keystone State‘s budding casino industry, which generated over $1 billion in tax revenue last year. That boffo return was achieved without table games … Continue reading
Isle of Capri is back
While I was taking a cat to the vet, Isle of Capri was throwing a spanner into the Boyd Gaming works. Its bold move complicates Boyd’s proposed takeover of Station Casinos … or does it? Should Boyd succeed, it will … Continue reading
Posted in Boulder Strip, Boyd Gaming, Colony Capital, Current, Isle of Capri, Station Casinos
5 Comments
Mutiny!
One of the dirty little secrets of the “cruise to nowhere” business is that these vessels are crewed with seamen imported from foreign countries. (Americans, despite being citizens of one of the preeminent seafaring nations, apparently aren’t good enough.) So … Continue reading
Posted in Architecture, Boyd Gaming, CityCenter, Current, Economy, Florida, Harrah's, International, MGM Mirage, Ohio, Penn National, Planet Hollywood, Regulation, Riviera, Sahara, Station Casinos, The Strip
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Pelican State blues
November numbers are in for Louisiana and it’s the Pelican State’s worst gaming month in five quarters. Only the independent Eldorado Shreveport riverboat and Fair Grounds racino near New Orleans reported revenue growth. All major operators took it on the … Continue reading
Posted in Boyd Gaming, Columbia Sussex, Harrah's, International, Isle of Capri, Louisiana, Maryland, Penn National, Pennsylvania, Pinnacle Entertainment, Politics, Racinos, Regulation
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Blast from the past
In this case, it’s a blast of hot air from the pages of the defunct and dreadful Liberty Watch magazine, whose back numbers still adorn the Web, but whose ink-and-paper incarnation has devolved into a loose smattering of blogs. Let’s … Continue reading
Who’s better for F’bleau: Icahn or Penn?
That’s the unspoken question hanging over a lengthy piece in yesterday’s Las Vegas Sun. While Penn National Gaming is willing to commit $1.5 billion or more to finishing Fontainebleau, lead bidder Carl Icahn may be able to do the job … Continue reading
Crystals: Why?
Spare. That’s the word I’d use to describe Crystals, which opened yesterday. Having been in a self-imposed cone of deafness, I wasn’t exposed to any of the opening-day press. Thus, I came to Crystals last night as a blank slate … Continue reading
Posted in Boyd Gaming, CityCenter, Current, Dining, Downtown, Harrah's, MGM Mirage, The Strip, TV
5 Comments
Aria, Vdara discounting already
In its discussions with J.P. Morgan analysts, MGM Mirage has regularly been boasting that Aria’s room rates are running higher (very, very slightly higher) than Bellagio. Being a skeptical fellow by nature, my instinct was that Aria was being propped … Continue reading
Posted in Alex Yemenidjian, Boulder Strip, Boyd Gaming, Cirque du Soleil, CityCenter, Columbia Sussex, Current, Downtown, Economy, Entertainment, George Maloof, Harrah's, Herbst Gaming, Marketing, MGM Mirage, Sheldon Adelson, Silverton, Station Casinos, Steve Wynn, Tamares Group, The Strip, Tourism
6 Comments
We *are* Dubai
“If anywhere is emblematic of the debt-fuelled extravagance of the past decade, it is surely [X], which strove to have the tallest, the biggest and the best of everything.” They’ve just got to be talking about Las Vegas, right? No, … Continue reading
Posted in Alex Yemenidjian, Architecture, Boyd Gaming, Cirque du Soleil, CityCenter, Colony Capital, Columbia Sussex, Cosmopolitan, Current, Dubai, Economy, Entertainment, Harrah's, International, James Packer, MGM Mirage, Morgans Hotel Group, Plaza, Sheldon Adelson, Station Casinos, Steve Wynn, Taxes, The Strip, Tourism, TV, Wall Street
6 Comments
Now *this* is a scandal
During the early years of tribal gaming expansion, Native Americans had to go to Malaysia and South Africa for their startup capital — and it came at a hefty cost. Now Mohegan Sun is reeling from the delayed effects of … Continue reading