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Category Archives: CityCenter
Case Bets: Aria, IGT, Maryland & Detroit
There was a small setback for Bally Technologies when it had to pull its iView DM systems software out of Aria. Seems MGM Mirage gave Bally a scant five days to get iView DM up, running and certified. Expect to … Continue reading
Posted in Bally Technologies, CityCenter, Current, Detroit, Economy, IGT, Maryland, MGM Mirage, Regulation, Technology, Tribal
2 Comments
G2E, tweeted; Flop @ the Trop
Here’s a quickie précis of Global Gaming Expo 2009, as culled from the S&G Twitter feed: “G2E ’09 is G2E Lite. Upside: less walking, less crowding, less backache. Downside: less food. Also, seminar tracks more like Sominex … Slot floor … Continue reading
Posted in Alex Yemenidjian, CityCenter, Entertainment, G2E, Harry Reid, IGT, Steve Wynn, Taxes, The Strip
5 Comments
From the mailbag #12
A former colleague, a person of upbeat disposition and someone who, along with his wife, achieved the American Dream here, recently sent ’round the following dispatch. Were it coming from somebody who was a congenital naysayer, that’d be one thing. … Continue reading
Posted in CityCenter, Current, Economy, Michael Gaughan, Morgans Hotel Group, Planet Hollywood, The Strip, Tourism
2 Comments
Quote of the Day
“You’re going to get people who will come and sit here all day.” — Robin Leach, during a media tour of the new Crystals retail mall (above). Sit? All day? In Las Vegas? Unless they’re playing in slot or poker … Continue reading
Posted in CityCenter, MGM Mirage, The Strip, Tourism
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Quote of the Day
“It was intriguing to me that you can have a valley of 2 million people spread around the suburbs without the logical counterpoint that you would typically find in large metropolitan markets, having a large urban core.” — MGM Mirage … Continue reading
Posted in CityCenter, MGM Mirage, The Strip
4 Comments
Use found for The Harmon
Yes, “Dubai’s Diminuendo,” the “Harmonini,” Baldwin’s Bump, whatever you want to call it, has been given a purpose in life. Strip hotel guests awoke in the wee hours of Saturday morning to behold the following: If nothing else, the truncated … Continue reading
Posted in Architecture, Cirque du Soleil, CityCenter, Current, Entertainment, Marketing, MGM Mirage, The Strip
1 Comment
Best idea of the week … or year
From our Today’s News feed: “Until now, MGM Mirage exercised a policy of having each property in the group compete with the others, as if they were totally independent competing entities. It was a strategy designed to keep salespeople ‘on … Continue reading
Posted in California, CityCenter, Current, Economy, Entertainment, Environment, Harrah's, Marketing, MGM Mirage, Ohio, Penn National, Plaza, Steve Wynn
2 Comments
Wynncore: the best revenge
If Wynn Resorts legal beagle Kevin Tourek didn’t make a complete fool of himself with his self-aggrandizing cease-and-desist letter to VegasTripping.com, then VT.com owner Chuck Monster finishes the job with a lengthy and subtly humorous rebuttal. In a lightly ironic … Continue reading
Posted in CityCenter, Current, Encore, Entertainment, MGM Mirage, Pennsylvania, Steve Wynn, Technology, Tourism, Wall Street
1 Comment
Much ado about something?
Vive le Roi! After much coy hugger-mugger, Cirque du Soleil has just announced the name of its Aria show is … wait for it, people … Viva Elvis. (I cannot decide if the uninspired logo, which looks like a Ronco … Continue reading
“It’s a bargain hunter’s paradise”
So sayeth our own Anthony Curtis, toward the end of a superb MSNBC analysis of the impending impact of CityCenter. Other industry moguls, including Sheldon Adelson and Steve Wynn, take a cautious but hopeful view. Even the normally optimistic Bill … Continue reading
Posted in CityCenter, Cordish Co., Economy, Kansas, Maryland, MGM Mirage, Penn National, Regulation, Sheldon Adelson, Steve Wynn, Tourism, TV, Wall Street
2 Comments
From the Twitter feed
@VegasFunFacts: “McCarran Airport was named after former NV Sen. Pat McCarran, known for his anti-communism and for lobbying fed funds and projects for NV.” (Translation: Choke on it, China-loving, guvmint-bashing Steve Wynn.) @jccarcamo: “Republicans on a special committee considering the … Continue reading
Posted in CityCenter, Election, Florida, MGM Mirage, Politics, Steve Wynn, Taxes, The Strip, Tourism, Transportation, Tribal
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The Dollar Bills strike again; caution at IGT
Those masters of quality on a budget, Millennium Gaming CEOs William Paulos and William Wortman have found a new target of opportunity: New Hampshire. Using the Rockingham Park horse track as their base of operations, the Dollar Bills are helping … Continue reading
Posted in Cannery Casino Resorts, CityCenter, Economy, Harrah's, IGT, Massachusetts, Racinos, Technology, Wall Street
1 Comment
Case Bets: CityCenter, Boyd odyssey, Massachusetts & the “Admiral”
There’s continued apprehension about MGM Mirage‘s $8.5 billion, 7,200-unit CityCenter, especially now that hotel rooms there are going for less than ones at either the Venetian or Encore. (Thinking positively: Who knew CityCenter was going to be so affordable?) Business … Continue reading
Adieu F-bleau, hello Hollywood?
Look what just fell into the S&G mailbag: Beginning January 1, 2010 Penn National Gaming will partner with RPM Advertising to develop and execute a brand identity for Hollywood Casinos. The full service assignment will incorporate research, brand development, media … Continue reading
MGM: CityCenter worth $4.88 billion
MGM Mirage has announced that it's writing off approximately $1.3 billion (i.e., taking an "impairment charge") against CityCenter, with $348 million of that chalked up to falling real estate values. (Some $174 million of that will apparently be fobbed off … Continue reading
Posted in CityCenter, Columbia Sussex, Current, Economy, Kansas, MGM Mirage, Missouri, Neil Bluhm, Penn National, Pennsylvania, Pinnacle Entertainment, Politics, Regulation, Taxes, Tourism, Transportation, Wall Street
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A deal @ Vdara
Just as I said, CityCenter is becoming the mid-market epicenter of Las Vegas. Today's mailbag yielded a $129/night offer for Vdara, plus $50 in amenity credits — more evidence of the downward pressure CityCenter is exerting on the Strip. But … Continue reading
Posted in CityCenter, Current, Economy, Marketing, MGM Mirage, The Strip
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Aria drives prices … down
Contrary to repeated assertions by J.P. Morgan, it would appear that MGM Mirage is putting out promotional specials for Bellagio … and very aggressively so. Note however, that Steve Wynn's masterpiece is maintaining its price point and Aria is the … Continue reading
Posted in Alex Yemenidjian, CityCenter, Current, Downtown, Economy, Harrah's, Marketing, MGM Mirage, Riviera, Sahara, Station Casinos, Steve Wynn, The Strip, Tourism
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Night of the living dead
Will the last person leaving the Riviera please take down the Charo in Concert, Abra-ca-Sexy! and Tom Stevens posters? Everything about last night's visit to the casino suggested a business that's died but doesn't realize it. Not that it helps … Continue reading
Posted in Alex Yemenidjian, Boyd Gaming, CityCenter, Economy, Entertainment, Fontainebleau, Illinois, MGM Mirage, Regulation, Riviera, The Strip
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Why does Steve Wynn hate America?
Or maybe the question should be, What was Steve Wynn smoking before he told CNBC "Money Honey" Maria Bartiromo that Wynn Macau was making more than all other 30 Macao casinos combined? Perhaps he meant his joint is the single-highest-grossing … Continue reading
Posted in CityCenter, Economy, Encore, Entertainment, Harrah's, International, Macau, MGM Mirage, Planet Hollywood, Sheldon Adelson, Steve Wynn, Taxes, The Strip, TV
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Leaving Las Vegas
At least 28,000 have done so over the two years-plus (probably more when you allow for the people still moving here). What are the likely consequences of Las Vegas‘ pegging its future on a one-trick economy? And is it going … Continue reading
Posted in Atlantic City, CityCenter, Current, Detroit, Economy, Election, Horseracing, Indiana, MGM Mirage, Ohio, Pennsylvania, Racinos, The Strip, Tourism, Tribal
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