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Category Archives: California
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
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A one-ton horse
If giant equestrian statuary isn't enough to make you pass up Las Vegas for a vacation in Chandler, Ariz., I don't know what will do the trick. Not impressed. One reader wasn't bowled over by Commerce Casino's largesse to a … Continue reading
Posted in Arizona, California, Tourism, Tribal
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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
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Quote of the Day
Sig Rogich’s choo-choo to nowhere. Some parts of Sig sold separately. “Even with the Victorville-Palmdale link, which is not a dead certainty, a Las Vegas rider who wanted to see the Magic Kingdom would have to travel from Sin City … Continue reading
Posted in California, Current, Politics, Reno, Tourism, Transportation
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Fertittas reinvest …
… not in Station Casinos but in Orange County real estate, it would seem. The neighborhood is popular with casino moguls who have run their companies into the ground: A nearby, $35 million crib is a domain whose master is … Continue reading
Posted in California, Current, Herbst Gaming, Station Casinos
1 Comment
Case Bets: CityCenter, W, Bernie Goldstein, Roger Thomas
Some rueful condo buyers are probably calling MGM Mirage‘s ultra-mega-super-duper resort “ShittyCenter,” judging by their ire. It’s difficult to know with whom to sympathize in this ongoing dispute. Condo depositors want to renegotiate prices (which range all the way up … Continue reading
Posted in Architecture, California, Current, Economy, Encore, Fontainebleau, G2E, Harrah's, Isle of Capri, MGM Mirage, Steve Wynn, The Strip
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Case Bets: California, Packer pickle, Macao pix, Holy Cow!, Singapore, RoboPoker, etc.
Editor’s note: An item involving Crown Ltd. contained factual errors, which have been corrected (as you’ll see). I apologize for the misinformation. My thanks to the reader who pulled my head out of my @$$. California gamblers stay and play … Continue reading
Posted in Atlantic City, Australia, California, Columbia Sussex, Current, Economy, Entertainment, G2E, Genting, Harrah's, Holy Cow, International, Lake Tahoe, Laughlin, Louisiana, Macau, New York, Penn National, Phil Ruffin, Problem gambling, Regulation, Sheldon Adelson, Singapore, Technology, The Strip, Tribal, Tropicana Entertainment
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Train to Nowhere II
Sig Rogich's choo-choo to nowhere won't really be the privately funded enterprise that it's being sold as, the Las Vegas Sun helpfully explains. Bottom line: Rail transportation is inherently unprofitable, so you and I will be ponying up for the … Continue reading
Posted in California, Harrah's, Politics, Technology, The Strip, Transportation, TV
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Case Bets: Colony Capital, Siegfried & Roy, Obama smacks poker players
“Bats hang over the doorway to the building that housed Mr. Jackson’s private arcade; guano stains the threshold.” That’s how the Wall Street Journal describes Michael Jackson‘s decaying Neverland Ranch. It gets even freakier from there, with the WSJ receiving … Continue reading
Posted in California, Colony Capital, Entertainment, International, Internet gambling, Movies, Politics, Regulation, Station Casinos, The Strip, TV
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Case Bets: Isle exits U.K.; no room at the Trop; Carlino channels Astaire, etc.
Isle of Capri Casinos is coming up for air, literally extricating itself from underneath Ricoh Stadium in Coventry, U.K. As part of CEO James Perry‘s attempt to refocus a company that spread itself too thin under his predecessor, he’s walking … Continue reading
Posted in Atlantic City, California, Colony Capital, Columbia Sussex, Current, Detroit, Economy, Florida, Goldman Sachs, Illinois, International, Isle of Capri, MGM Mirage, Penn National, Regulation, The Strip, Tropicana Entertainment, Wall Street
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Packer gets a discount; solving the I-15 problem
Though it can't seem to settle on a dollar figure for James Packer's renegotiated Cannery Casino Resorts purchase, this story makes one salient point: A $1.7 billion-plus acquisition could be converted into a 25% stake for $370 million-$390 million. That … Continue reading
Posted in Australia, California, Cannery Casino Resorts, James Packer, Technology
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Sludge Report
Kudos to the Las Vegas Review-Journal‘s Howard Stutz for keeping an eye on an especially skanky provision of the economic-stimulus package, a sweetheart provision engineered by Sen. Harry Reid (D-NV). It awards companies — like vocal supporter MGM Mirage — … Continue reading
Posted in California, Economy, Harrah's, MGM Mirage, Politics, Sheldon Adelson, Station Casinos
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Rogues' gallery
After a fitful start, blogorrhea is sweeping the business desk of the Las Vegas Review-Journal, resulting a veritable flood of news nuggets today … Planet Hollywood prexy Michael Mecca has resigned to pursue the proverbial "other opportunities" at a time … Continue reading
Posted in California, Cannery Casino Resorts, Columbia Sussex, Current, Dining, Economy, Entertainment, Harrah's, James Packer, Marketing, Mesquite, MGM Mirage, Planet Hollywood, Politics, Regulation, Reno, The Strip, Tropicana Entertainment
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Merry Christmas
LVA's Stiffs & Georges bureau is on holiday in Cameron Park, Calif., for the remainder of the week. As I write this, I'm only four miles or so from the new Red Hawk Casino (which looks to present as much of … Continue reading
Posted in California
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Harrah's honored
Harrah's Entertainment can use any business leverage it can get these days and it just received the endorsement of Stand Out for Equality, an opposition movement spurred by the passage of Proposition 8 in California (where Harrah's Rincon has been … Continue reading
Posted in California, Harrah's, MGM Mirage, Politics, The Strip
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Fire sale at Harrah's, MGM?
That was one of the bombshells dropped this morning at Global Gaming Expo. According to a member of a "state of the industry" panel of G2E's Casino Design track, Harrah's Entertainment has several unprofitable properties that were for sale. "Now … Continue reading
Posted in Architecture, California, Donald Trump, Economy, G2E, Harrah's, International, MGM Mirage, The Strip, Tribal
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Winners & Losers
And now the obligatory post-Election, What’s-it-all-about-Alfie roundup … Culinary Union 1, Casino CEOs O: True, the Culinary tripped all over its own feet in the early going, leading to Democratic caucuses that weren’t so much “Barackular” as “debacular.” But D. … Continue reading
Posted in Alaska, Ameristar, Atlantic City, California, Colorado, Current, Donald Trump, Economy, Election, Florida, Gary Goett, Harrah's, IGT, Internet gambling, MGM Mirage, Mississippi, Missouri, Pinnacle Entertainment, Politics, Sheldon Adelson, Steve Wynn, Taxes, The Strip, Tribal, Wall Street
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Case Bets: Sands bankruptcy?; California spite, Ted Binion still dead, etc.
The ‘B’ word. Yup, somebody finally said it. Stifel Nicolaus & Co. analyst Steven Wieczynski blames The Big Sands Sell-off on fears that “Las Vegas Sands is in jeopardy of running out of cash and going bankrupt.” Sands stock closed … Continue reading
Posted in Animals, California, Election, Harrah's, Marketing, MGM Mirage, Politics, Sheldon Adelson, The Strip, Tribal, TV, Wall Street
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Case Bets: Meow!; Dr. Death; Spineless Dems
Diss of the Day. “Having just raised the newsstand price for weekday and Saturday editions by 50 percent, the Las Vegas Review-Journal announced Monday it has eliminated sections of the paper as a cost-cutting measure.” — lead sentence of the … Continue reading
Posted in California, Current, Election, Environment, Politics, The Strip
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Gambling > Gas Prices
Although a new Precision Opinion study of consumer attitudes vis-a-vis Las Vegas concludes that there's "a direct correlation between rising gas prices and reduced Las Vegas visitation," the news may not be as bad as it appears at first blush. … Continue reading
Posted in California, Current
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