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- David McKee on Sibella scandal spreads; Supremes forestall Seminoles
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
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Category Archives: CityCenter
MGM Cotai gets rave review; Cracking the Millennial code
MGM Grand Cotai continues to miss opening deadlines, the latest obstacle being the government’s continued failure to issue a hotel license. “The licence application for the opening of the five-star hotel MGM Cotai and establishments inside the property is still … Continue reading
Posted in Architecture, CityCenter, Genting, Golden Gaming, Harrah's, Macau, Marketing, MGM Mirage, New York, Regulation, Technology, TV
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Steve Wynn: Time’s up
Yesterday, the penny dropped on Steve Wynn, as multiple reports of sexual predation made the news. According to the Wall Street Journal, we’re not talking about one or two accusers but “dozens,” over a period of decades. Without diminishing the … Continue reading
Favorable forecast for 2018; New look at Cosmo
Good news for casinos: “2018 is set to be a good year for gaming operators and suppliers globally amid a strong economic backdrop and a relatively benign new supply environment,” says Fitch Ratings analyst Alex Bumazhny, one of the more circumspect … Continue reading
Caesars bets on Hoosier tracks; Trump precedent revisted
Centaur Gaming, benefactor of Mike Pence (not that it did them any good), is back in the news. Caesars Entertainment already owns the two most lucrative casinos in Indiana, is doubling down on its commitment to the Hoosier State. By … Continue reading
Posted in Atlantic City, CityCenter, Donald Trump, Economy, Harrah's, Indiana, Iowa, Nevada, Racinos, Regulation, Tourism, Transportation, Tribal, Wisconsin
1 Comment
MGM gets potty-mouthed; New York casino flops
MGM Resorts International‘s casinos-without-gaming new ad campaign is playing to divided opinions. For instance, the company has 100,000 square feet of gaming at Bellagio but you won’t spot so much as a pair of dice in the ad, yet MGM … Continue reading
Posted in Cirque du Soleil, CityCenter, Genting, International, Lawrence Ho, Marijuana, Marketing, MGM Mirage, Neil Bluhm, New York, Philippines, Politics, Sports, Tribal, TV
2 Comments
Bye, bye, Vegas Club; Murren accepts minority status
One of our favorite sources, VitalVegas author Scott Roeben, is interviewed at length by Nevada Public Radio on what, if anything, the introduction of virtual reality to the Las Vegas Strip means for the big casinos. In part, Roeben says, … Continue reading
Slippage in Illinois; MGM carries Maryland
One less weekend day than last year proved costly for casinos in Illinois, where gaming revenue fell 2.5% in July. (It had been flat in 2016.) True, the creeping effect of slot routes may have played a role but speculation … Continue reading
Posted in CityCenter, Cordish Co., GLPI, Golden Gaming, Harrah's, Illinois, Maryland, MGM Mirage, Neil Bluhm, Penn National, Racinos, The Strip, Tourism, West Virginia
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Of clowns and hackers
If you miss the old Boardwalk Casino on the Las Vegas Strip (which died so that CityCenter could live; they don’t call it “City Cemetery” for nothing) and have $900,000 under the sofa cushions, do we have a deal … Continue reading
Posted in Architecture, CityCenter, history, Nevada, Technology, The Strip
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Pennsylvania bill gives some, takes more; MGM discloses new plans
Pennsylvania‘s House of Representatives has passed a gambling-expansion bill that gives with one hand but takes away more with the other. The bill, which still must pass the state Senate would: legalize DFS, pending a 19% tax and $50,000 licensing … Continue reading
Malloy: Stay the course; Wynncore automates
Although the courts may have the final say in the matter, Connecticut Gov. Dannel Malloy has scotched the idea of an open-bidding process for a third Nutmeg State casino. He would prefer to keep the bird in the hand that … Continue reading
Posted in Atlantic City, CityCenter, Foxwoods, Marketing, MGM Mirage, Mohegan Sun, New York, Sheldon Adelson, Steve Wynn, Taxes, Technology
1 Comment
Temporary relief for Illinois; CityCenter for sale?
As a huge gambling expansion works its way through the Legislature, casino owners in Illinois must feel like condemned men awaiting the execution. At any rate, it behooves them to gather roses while yet they may. Fortunately, gamblers felt like … Continue reading
Posted in Boyd Gaming, California, CityCenter, GLPI, Harrah's, Illinois, Macau, MGM Mirage, Mississippi, Neil Bluhm, Penn National, Regulation, South Korea, Sports, Taxes, The Crown 18, Wall Street
1 Comment
Macao: Cautious recovery predicted; Straub sets Revel reopening
“Does the fact that Macao has an Eiffel Tower now bring extra people to the market,” asked Union Gaming Group analyst Grant Govertsen rhetorically. “Yes, but their main activity here will still be gaming.” “They” includes players from as far … Continue reading
Posted in Atlantic City, CityCenter, Dining, Economy, G2E, Glenn Straub, Internet gambling, Japan, Lawrence Ho, Macau, Revel, Sheldon Adelson, The Strip, Tourism, Transportation, Wall Street
1 Comment
Japan: Hold your horses!
Contrary to a press report over the weekend — and too credulously picked up by S&G — casino gambling is far from out of the woods in the Japanese Diet. True, it was voted out of committee in the lower … Continue reading
Posted in Cirque du Soleil, CityCenter, Cosmopolitan, Japan, Melco Crown Entertainment, MGM Mirage, Politics, Regulation, Sheldon Adelson, Singapore, Steve Wynn, Taxes, The Strip, Tourism, Wall Street
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Case Bets: Aria, Atlantic City, etc.
Inside Aria‘s “eye in the sky” … and also probably the last time you’ll see a player in a tuxedo on a Las Vegas casino floor. * After eight long years — and without including Internet revenue — all eight Atlantic … Continue reading
Posted in Atlantic City, CityCenter, Economy, Election, Internet gambling, Macau, MGM Mirage, New York, Oklahoma, Regulation, Technology, The Strip, Tropicana Entertainment
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Case Bets: Wynn Boston Harbor, sports betting, cockfighting and a fire
There’s big money to be made at Wynn Boston Harbor. Primary contractor Suffolk Construction is hoping to entice subcontractors with a bundle of bids valued at $1 billion for services and supplies. That’s almost half the construction budget for the … Continue reading
Posted in Animals, CityCenter, Geoff Freeman, Law enforcement, Marketing, Massachusetts, MGM Mirage, Sports, Steve Wynn, The Strip, Tribal
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Atlantic City goes to pot; MGM, Boyd, Pinnacle, Red Rock Resorts meet The Street
We’ve come a long way from the days of Reefer Madness. Latest case in point: Atlantic City, where Assemblyman Reed Gusciora (D) is pushing recreational “tea” as a cure to the city’s penurious condition. Weed would be legalized on the Boardwalk and … Continue reading
Posted in Atlantic City, Boulder Strip, Boyd Gaming, Cannery Casino Resorts, CityCenter, Economy, Georgia, Glenn Straub, Harrah's, Illinois, Indiana, Internet gambling, Macau, Marketing, Maryland, MGM Mirage, Mississippi, Missouri, Palms, Pinnacle Entertainment, Politics, Reno, Scientific Games, Station Casinos, The Strip, Wall Street
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New era at Trump Taj Mahal; Blasphemous gambling promo spanked
He’s been handed a small budget ($15 million) for the task at hand, but new Trump Taj Mahal boss Anthony Rodio has been charged with undoing the damage inflicted on the property during the Bob Griffin era. This includes “reactivating … Continue reading
Quote of the Day
“I believe that art is an essential element of quality of life. I believe that all people regardless of their level of interest, education in the arts or even inclination has a visceral positive experience when they are enriched visually. That … Continue reading
Posted in CityCenter, MGM Mirage, The Strip
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Poker Stars changes Atlantic City landscape; MGM budges (slightly) on parking fees
An extra month helped Atlantic City post a banner April, up 6%. Citywide, 5% higher slot handle produced a corresponding increase in revenue, while 4.5% table-game wagering translated into 10% more winnings for the house. Borgata ($56 million) was up … Continue reading
Posted in Ameristar, Atlantic City, Boyd Gaming, CityCenter, Golden Gaming, Harrah's, International, Internet gambling, Iowa, Isle of Capri, MGM Mirage, Mohegan Sun, Pinnacle Entertainment, PokerStars, Racinos, Sports, The Strip, Tropicana Entertainment, Warner Gaming
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MGM wows Wall Street; Lucky Dragon clears major hurdle
Stock analysts were expecting MGM Resorts International to report 1Q16 cash flow of $590 million but the lion overshot projections, bringing in the sheaves to the tune of $618 million. JP Morgan analyst Joseph Greff credited much of the success … Continue reading
Posted in Cirque du Soleil, CityCenter, Detroit, Entertainment, James Packer, Lucky Dragon, LVCVA, Macau, Melco Crown Entertainment, MGM Mirage, Mississippi, Sheldon Adelson, SLS Las Vegas, Steve Wynn, The Strip, Wall Street
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