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Category Archives: Carl Icahn
Uncle Carl’s Carpet Barn strikes again
You’ll never guess where high-end furniture and carpeting once destined for Fontainebleau has now turned up. The renovation explains the Buffalo Bill’s closure rumors from last autumn. So the trail of ex-F-blew furnishings now stretches from the Plaza in downtown … Continue reading
Posted in Alex Yemenidjian, Carl Icahn, Charity, Downtown, Fontainebleau, Herbst Gaming, Tamares Group
1 Comment
Let it (not) snow!; BP screws casinos
With Atlantic City currently in white-out mode, casino executives must be studying next weekend’s forecast and hoping that it holds true. A few days of above-freezing temperatures ought to give the Boardwalk a chance to melt and shovel its way … Continue reading
Pea soup in Vegas; Robosaurus attacks the wrong target
If you’re thinking of coming to Las Vegas for Christmas, I have one word of advice: Don’t. For the past week, Sin City has been steadily blanketed in rain, with no end in sight. It’s just miserable. (Instead of trying … Continue reading
Betting on crime; Anniversary in Indiana
Last week’s big chip heist at Bellagio may have left MGM Resorts International with a smidgen of egg on its face but it’s not as though others in the gambling industry have failed to see the opportunity to make money. … Continue reading
Atlantic City’s future: “Bleak”
Such is the prognosis from J.P. Morgan analyst Joseph Greff after the November revenues rolled in from the Boardwalk. Basically, the double-edged sword that was table games in Pennsylvania and a casino in Philadelphia has swung, and lopped 12.5% off … Continue reading
Posted in Alaska, Atlantic City, Boyd Gaming, Carl Icahn, Colony Capital, Cretins, Current, Dennis Gomes, Donald Trump, Economy, Entertainment, Harrah's, Marketing, Morgans Hotel Group, Movies, Neil Bluhm, Pennsylvania, The Strip, Tilman Fertitta, Tourism, Tribal, Tropicana Entertainment, TV, Wall Street
1 Comment
Old Sixty Votes folds again; Butera’s blunder
Hey, Harry Reid, the casino industry called. It wants its money back. In all-too-predictable collapse, Old Sixty Votes threw in the towel on efforts to explicitly legalize online poker in the U.S. Since the issue is now dead for two … Continue reading
Quote of the Day
“I’m completely sick and tired of thinking about what took place behind me. We’re ecstatic to be out of bankruptcy with new ownership. We’re well capitalized. I’ll be damned if we’re going to see this thing fail.” — Tropicana Casino … Continue reading
Posted in Atlantic City, Carl Icahn, Columbia Sussex, Current, Economy, Tropicana Entertainment
1 Comment
F-blew: The incredible bulk
A friend of S&G was recently staying at Wynncore and got this rude surprise when he looked out his north-facing window: No, somebody didn’t topple the Stratosphere in the dead of night. So immense is the unfinished hulk of Fontainebleau … Continue reading
Posted in Architecture, Carl Icahn, Economy, Encore, Fontainebleau, Goldman Sachs, history, Planet Hollywood, Steve Wynn, The Strip
6 Comments
Great moments in casino marketing
We associate Sega with video games but once upon a time, it was in the slot business. Those old machines do look awfully quaint unless … … you juxtapose a Sega one-armed bandit with über-mega-hot European sex goddess Edwige Fenech … Continue reading
Posted in Atlantic City, Carl Icahn, Columbia Sussex, Current, history, Marketing, Movies, Pennsylvania, Technology, The Strip, Tropicana Entertainment, Wall Street
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Atlantic City: It could have been worse; Hard Rock changes its tune
OK, so September’s numbers from Atlantic City only represent one month of competition from SugarHouse, in Philadelphia. However, with every other casino in Pennsylvania having enjoyed two full months of table games, a 12% dropoff isn’t as bad as I … Continue reading
Plaza gets an infusion of F-blew
(Editor’s note: Since I found this state-of-the art version of the previous Tex & Edna Boil video, I’ve replaced the old one with another in which Tex & Edna get into the curio-barn business … sort of like Carl Icahn, … Continue reading
Posted in Carl Icahn, Downtown, Fontainebleau, Tamares Group, Tilman Fertitta, TV
6 Comments
No (M)irage this time: Penn enters Vegas
They’ve been busy little beavers at Penn National Gaming, which is — would you believe it? — now the third-largest operator in the U.S. Never mind that Penn bought a horse track in Ohio, on top of building two casinos … Continue reading
Uncle Carl’s Computer Barn?
Thanks to the Vdara Death Ray, the big-ass garage sale Carl Icahn is holding at Fontainebleau has dropped off the news pages. But one blogger asks, What about those iMacs in every F-blew hotel room? To which I might add: … Continue reading
Inside Icahn’s F-bleau rummage sale
Hmmmm … I hear tell Pinnacle Entertainment just upped the budget* on its Baton Rouge casino. Maybe it can amortize that increase by bargain-shopping at Uncle Carl’s Honkin’ Big Hotel Furniture Emporium (aka “Hot Carl’s Fabulous Fontainebleau Garage Sale”) right-cheer … Continue reading
Posted in Carl Icahn, Economy, Harrah's, Penn National, The Strip, Tropicana Entertainment, TV
2 Comments
F-bleau on ice
Back in June, when I toured the “new look” Tropicana Las Vegas, it was intimated that much of the convention-area furniture and the HDTV sets in the Paradise Tower had been obtained on the cheap from Fontainebleau, when the latter … Continue reading
Posted in Alex Yemenidjian, Carl Icahn, CityCenter, Cosmopolitan, Current, Economy, Penn National, The Strip, Tourism
3 Comments
Fertitta to rescue A.C. Hilton?
Tilman Fertitta, that is. The Landry’s Restaurants CEO has sussed out a bargain on the Boardwalk, in the form of the unprofitable Atlantic City Hilton. No doubt Fertitta’s interest has not a little something to do with the fact that … Continue reading
Crisis point in Atlantic City
If nothing else gets recalcitrant legislators off their duffs and behind Gov. Chris Christie‘s intervention on behalf of Atlantic City, maybe these numbers will. In the last quarter, only four casinos turned a profit. Harrah’s Entertainment‘s Showboat and Harrah’s Marina … Continue reading
Posted in Atlantic City, Boyd Gaming, Carl Icahn, Colony Capital, Donald Trump, Economy, Harrah's, Penn National, Politics, Sahara, The Strip, Tropicana Entertainment
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Peril on the Strip
You wouldn’t know if from the wrap on Luxor’s west side, but Angelica Bridges is out as Fantasy headliner, replaced by Lorena Peril (late of Sin City Bad Girls at the Las Vegas Hilton). This alone is sufficient to bump … Continue reading
Who needs M most?; Station’s glass jaw
In a shocker of a scoop, The Newspaper That Must Not Be Cited revealed yesterday that a $700 million stake in $1 billion M Resort was being shopped around by the resort’s lead banker. While this probably says more about … Continue reading
Posted in Atlantic City, Boulder Strip, Boyd Gaming, California, Carl Icahn, Colony Capital, Cosmopolitan, Current, Downtown, Economy, Kansas, M Resort, Maryland, MGM Mirage, Michael Gaughan, North Las Vegas, Ohio, Penn National, Pinnacle Entertainment, Riviera, Station Casinos, The Strip, Tourism, Tropicana Entertainment, Wall Street
8 Comments