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Category Archives: Colony Capital
Sheldon’s smokin’ (something)
If any other gaming CEO than Sheldon Adelson opened the most expensive casino ever ($5.5 billion) and projected it would recoup its tab in five years — requiring a return on investment well above 20% when you take operating costs … Continue reading
Gold Strike Tunica exonerated; “Trek” frittered away
The honor of MGM Mirage‘s Gold Strike Tunica has been restored by reader Sin City Cyn, who writes: “Speaking of resort fees … I promised to report back on the pool fee situation at Tunica’s Gold Strike. I’m happy to … Continue reading
Posted in Colony Capital, Current, Downtown, Entertainment, MGM Mirage, Mississippi, Station Casinos, Tourism, TV
5 Comments
Could Steve Wynn jilt Philadelphia?
What’s Steve Wynn supposedly doing in Atlantic City this weekend and why is he allegedly kicking the tires on casino properties there? Well, it is a buyer’s market and half of Borgata is up for grabs (as would be Trump … Continue reading
Case Bets: Gibbons vs. gaming; Pansy Ho; R-J shocked, shocked!; Rat Pack not back
First off, a hearty S&G salute to Steve Friess, named “Best Blogger” by the readers of Las Vegas CityLife. (Yes, I was nominated but didn’t even make it into second place. I’ll live.) As you scroll — and scroll — … Continue reading
CityCenter: Guilty by association
This new attack ad, fired today, represents the latest salvo in what might be called The War Over CityCenter. Sen. Harry Reid (D-NV), not having been shy to take credit for CityCenter’s completion, is fair game. Where the ad may … Continue reading
White-out in Atlantic City
Thirty-seven inches of snow in February was a problem Atlantic City could do very well without. While the white stuff takes some of the edge off the sobering realization that the Boardwalk is -34% since February 2006, you know the … Continue reading
Posted in Atlantic City, Boyd Gaming, Carl Icahn, Colony Capital, Columbia Sussex, Current, Donald Trump, Economy, Harrah's, MGM Mirage, Pennsylvania, Tropicana Entertainment
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LV Hilton pinches Andrew Dice …
LV Hilton pinches Andrew Dice Clay from the Riv. An LVH dagger thrust to the Riv, as bottom-feeders grapple unto death. Clay’s not worth it.
Posted in Colony Capital, Current, Entertainment, Riviera, The Strip
3 Comments
Isle of Capri is back
While I was taking a cat to the vet, Isle of Capri was throwing a spanner into the Boyd Gaming works. Its bold move complicates Boyd’s proposed takeover of Station Casinos … or does it? Should Boyd succeed, it will … Continue reading
Posted in Boulder Strip, Boyd Gaming, Colony Capital, Current, Isle of Capri, Station Casinos
5 Comments
Loveman loves him some Macao
By now the saga of Harrah’s Entertainment‘s Macanese golf course is the stuff of legend: a $578 million golden albatross around the company’s neck and a metaphor for the company’s misfortune-prone international strategy. While some of CEO Gary Loveman‘s ventures … Continue reading
CityCenter giblets
While I’m gathering my thoughts — and notes — from yesterday’s Orgy o’CityCenter (and trying to maintain a Cone of Deafness, as far as other commentators), here are a few stray tidbits: Even MGM Mirage CEO Jim Murren can’t hide … Continue reading
That’s a mouthful
To wit, the Wild Wild West is soon to be rebaptized as Days Inn – Las Vegas at Wild Wild West Gambling Hall. (Uff da!) Which kicks the prospect of “Viva” years further down the road. I mean, you know … Continue reading
Posted in Colony Capital, Current, International, Maryland, Regulation, Station Casinos
2 Comments
Blast from the past
In this case, it’s a blast of hot air from the pages of the defunct and dreadful Liberty Watch magazine, whose back numbers still adorn the Web, but whose ink-and-paper incarnation has devolved into a loose smattering of blogs. Let’s … Continue reading
Gossy-ed out; Peep-less Show; Phat Phantom
According to the latest issue of Las Vegas Advisor, bland-as-butter Palms headliner Matt Goss is not announced for any dates past Dec. 5. However, if Goss has Timberlaked his way across the lounge floor for the last time, S&G believes … Continue reading
Posted in Colony Capital, Current, Entertainment, George Maloof, MGM Mirage, Planet Hollywood, Sheldon Adelson, The Strip
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We *are* Dubai
“If anywhere is emblematic of the debt-fuelled extravagance of the past decade, it is surely [X], which strove to have the tallest, the biggest and the best of everything.” They’ve just got to be talking about Las Vegas, right? No, … Continue reading
Posted in Alex Yemenidjian, Architecture, Boyd Gaming, Cirque du Soleil, CityCenter, Colony Capital, Columbia Sussex, Cosmopolitan, Current, Dubai, Economy, Entertainment, Harrah's, International, James Packer, MGM Mirage, Morgans Hotel Group, Plaza, Sheldon Adelson, Station Casinos, Steve Wynn, Taxes, The Strip, Tourism, TV, Wall Street
6 Comments
Case Bets: Ensign, Angelica Bridges & the smell of Vegas
Look for ex-Mandalay Resort Group boss Mike Ensign to play a supporting role in Nightline‘s Nov. 23 exposé of, among other things, the 96 dimes in hush money he channeled to the cuckolded husband of his son’s mistress. You’ve got … Continue reading
F'bleau: Wait 'til 2012; Satre returns
That’s basically the message coming out of bankruptcy court, where Fontainebleau ownership requested permission to scrap all conventions and meetings through October 2011. Among many other disclosures in the fast-moving Chapter 11 was the sacking of seven top executives. (A … Continue reading
Posted in Atlantic City, Colony Capital, Cosmopolitan, Economy, Fontainebleau, Harrah's, IGT, Macau, MGM Mirage, Pansy Ho
2 Comments
Hope for Boardwalk?
As you know, S&G puts more stock in year/year comparisons than sequential ones, but the most recent set from Atlantic City affords a slender reed of hope. With the help of tighter slots, A.C. held its September decline to 6%, … Continue reading
Posted in Atlantic City, Boyd Gaming, Carl Icahn, Colony Capital, Current, Economy, Harrah's, Marketing, Maryland, Neil Bluhm, New York, Pennsylvania, Regulation, Sheldon Adelson, Tourism, Tropicana Entertainment
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From the mailbag #8
“Doesn’t the IOC realise it will be winter in Brazil in August, 2016?” — comment Blackberried in by a reader, regarding the award of the ’16 games to Rio de Janeiro. Y’know, I’d been wondering about that myself. The average … Continue reading