Category Archives: Cantor Gaming

What did Lee Amaitis know and when did he know it?

According to the Wall Street Journal, the founder of Cantor Gaming — Lee Amaitis (left) — is under federal scrutiny for an alleged role in illegal sports wagering. Already one Cantor exec, Michael Cantor, has copped a plea for facilitated the … Continue reading

Posted in Alex Yemenidjian, Cantor Gaming, Entertainment, Massachusetts, Penn National, Regulation, The Strip | Comments Off on What did Lee Amaitis know and when did he know it?

St. Louis: Pinnacle out, Icahn in; Cosmo’s death wish

After fielding several offers, Pinnacle Entertainment has liquidated Lumiere Place Casino and its affiliated Four Seasons hotel to … Carl Icahn. Uncle Carl spent $260 million to close the deal. Considering that the book value of Lumiere Place is $401.5 … Continue reading

Posted in Ameristar, Cantor Gaming, Carl Icahn, Cosmopolitan, Culinary Union, Missouri, Pinnacle Entertainment, Regulation, Sheldon Adelson, The Strip, Wall Street | 2 Comments

Big Brother Sheldon

Professional sourpuss Sheldon Adelson doesn’t think you should gamble … on the Internet, that is. (“In the history of bad ideas, this has to be one of the worst,” the ad glumly intones.) In Adelson’s intellectually dishonest world it’s perfectly … Continue reading

Posted in Cantor Gaming, Internet gambling, Problem gambling, Sheldon Adelson, TV | 1 Comment

Revel gets the memo; Sheldon Adelson knows what’s good for you

Wall Street really hates it when casinos buy business with “promotional allowances” (read: comps) but sometimes — and especially when you’re Revel Hotel-Casino — there’s no choice. In marketing policies as new as its expanded nomenclature, Revel is acknowledging its … Continue reading

Posted in Atlantic City, Cantor Gaming, Current, Economy, Environment, Harry Reid, International, Internet gambling, Marketing, Politics, Revel, Sheldon Adelson, Tribal | 1 Comment

No-win situation; October surprise

You might say Mitt Romney was for gambling before he was against it. Both as a 1994 Senate candidate and later as governor, he advocated slot parlors and later VLTs in Massachusetts. (He also proposed to extort $75 million apiece … Continue reading

Posted in Atlantic City, Cantor Gaming, Current, Election, Harrah's, International, Massachusetts, Regulation, Taxes, Tourism, Tribal, Wall Street | 1 Comment

High-profile Vegas divorce

This just in … peripatetic chef Carla Pellegrino has just released a statement in which “announces her mutual separation from Tropicana Las Vegas,” after 19 months overseeing its Italian restaurant, Bacio. The Brazilian chef, also late of Rao’s at Caesars … Continue reading

Posted in Alex Yemenidjian, Cantor Gaming, Current, Dining, Internet gambling, M Resort, Penn National, The Strip, TV, Wayne F. Newton | Comments Off on High-profile Vegas divorce

Black man frightens Steve Wynn, Part Two; MGM: Time to forget Harmon?

As Yahoo‘s Jeff Macke cuttingly puts it, he “found a real, live businessman who creates jobs,” thereby providing a Steve Wynn-to-sanity translation, courtesy of CIO Advisors‘ Hugh Johnson. If Wynn were truly being honest, he’d cut to the quick: He’s … Continue reading

Posted in Architecture, Cantor Gaming, CityCenter, Colony Capital, Columbia Sussex, Cosmopolitan, Cretins, Current, Donald Trump, Economy, Election, Fontainebleau, Goldman Sachs, Hard Rock Hotel, Harrah's, history, International, Louisiana, Macau, Massachusetts, MGM Mirage, Morgans Hotel Group, North Las Vegas, Politics, Sports, Station Casinos, Steve Wynn, Technology, TV, Wall Street | 2 Comments

Black man frightens Steve Wynn, Part One

Update: Today, Wynn got into the act in the ongoing Big Bird charade. As Steve Sebelius points out, it’s meaningless posturing, nothing more. Life’s been good to Steve Wynn. How good? Well, if you or I talked like a crazy … Continue reading

Posted in Atlantic City, Cantor Gaming, CityCenter, Colony Capital, Columbia Sussex, Cosmopolitan, Cretins, Current, Donald Trump, Economy, Election, Entertainment, Fontainebleau, Goldman Sachs, Harrah's, Macau, Massachusetts, MGM Mirage, Morgans Hotel Group, North Las Vegas, Pennsylvania, Plaza, Politics, Regulation, Sports, Station Casinos, The Strip, TV | 27 Comments

Big Brother is triangulating you; Dark days for LVH, Riv; Pinnacle’s Lone Star play

Just to make sure you’re not piggybacking onto its mobile-gambling systems, Cantor Gaming is partnering with Locaid to provide “geo-fencing” for its pocket casinos, which can now be played damn near anywhere on a casino property. (The real endgame, however, … Continue reading

Posted in Atlantic City, Cantor Gaming, Colony Capital, Colorado, Donald Trump, Entertainment, Goldman Sachs, Hooters, Horseracing, Internet gambling, Louisiana, Penn National, Pinnacle Entertainment, Racinos, Riviera, Sheldon Adelson, Taxes, Texas, The Strip, TV, Wall Street | 2 Comments

The wild bunch

There’s no one more depraved than a politician looking to close a revenue shortfall. So we’ve learned from the drive-by shootings hailing from the amoral outlaw band otherwise known as the Nevada Legislature. As sage political pundit Obi-Wan Kenobi observed, … Continue reading

Posted in Cantor Gaming, Colorado, Economy, MGM Mirage, Midnight Jim Gibbons, Movies, Politics, Problem gambling, Regulation, Taxes | 2 Comments

Low-rolling at Aria; MGM ups China ante; That doggone Desert Xpress

A SoCal-based player kindly shared this image from the latest Aria/M life offer: My friend ran an experienced eye over the chips on the rail and concluded that it “must be the lowest-minimum craps table Aria has ever seen,” as … Continue reading

Posted in Atlantic City, California, Cantor Gaming, CityCenter, Current, Harry Reid, Lawrence Ho, Macau, Marketing, Melco Crown Entertainment, MGM Mirage, Movies, Pansy Ho, Problem gambling, Regulation, Stanley Ho, Technology, The Strip, Transportation, Wall Street | Comments Off on Low-rolling at Aria; MGM ups China ante; That doggone Desert Xpress

Cantor’s new brand: Slots for tots

Other than as a medium for sports betting, mobile-gambling devices have resolutely failed to catch on in Las Vegas casinos. Provider/operator Cantor Gaming has made a few inroads but mostly at one-off properties like M Resort and the Hard Rock … Continue reading

Posted in Cantor Gaming, Cirque du Soleil, Cosmopolitan, Cretins, Current, Economy, Entertainment, Hard Rock Hotel, Harrah's, Internet gambling, M Resort, Midnight Jim Gibbons, Politics, Problem gambling, Regulation, Reno, Sheldon Adelson, Station Casinos, Technology, The Strip | 2 Comments