Category Archives: Columbia Sussex

Coming soon: Venetian Baghdad?

It’s not quite so crazy at it sounds. Well, OK, it does sound off-your-rocker crazy, at least while mortar shells continue to drop on the Green Zone: A $5 billion commercial development in the heart of the world’s most, um, … Continue reading

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Wynn tells Wall Street where to go

Not so long ago, Steve Wynn stated an obvious truth: The our deepening recession would impact Las Vegas sooner or later. Wall Street promptly punished him by selling down Wynn Resorts stock. Fast-forward a few months and now it’s the conventional wisdom … Continue reading

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Same as it ever was?

Nothing lasts. I’m finding that out the hard way as the acid in the paper labels in my CD collection eat through the discs, gradually rendering them unplayable and sending me into a race between preservation and catastrophe. (When last … Continue reading

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‘Luxoricana’?; When unions attack (each other)

Labor unions aren’t very popular these days but sometimes even the mere threat of one is enough to effect improvements. Such seems to be the case at Luxor, where the International Union of Security, Police & Fire Professionals of America … Continue reading

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MGM Mirage: What's it all about?

By now it’s old news that MGM Mirage took a paring knife to its personnel roster and gave 440 staffers the sack on Monday. Admittedly, saving $75 million seems like trimming a fingernail off a company whose 2007 profit was … Continue reading

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Columbia Sussex evicted (sorta)

In what has been described as an “abrupt” end to the Columbia Sussex/Park Cattle Co. lawsuit, playing out up in Douglas County, Nev., the former has paid out $40 million of an eventual $165 million and given Park Cattle the … Continue reading

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Quote of the Day

“Corporate thinking is to squeeze every penny, paying attention only to today’s bottom line and ignoring the negative effect that impersonal and greedy service has on future revenues. But is this not the style of business that has forced the … Continue reading

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High spirits in Evansville

The acquisition, by Reno's own Eldorado Resorts, of the Casino Aztar riverboat, is playing to the expected hosannas. Interestingly, while 21% of the workforce was pink-slipped by outgoing owner Columbia Sussex, that seems to be the least of players' concerns. … Continue reading

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The Westin scandal …

… is growing legs. No, not these kind of legs. (Well, that too.) It’s also unearthed another strange-but-true story of business as usual at Columbia Sussex. That $25/bedbug bounty at the Trop is unwontedly generous by ColSux standards — a … Continue reading

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Headline of the Day

 "New Jersey to casino: Trop dead" — from AFX Financial News

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Columbia Sussex sinks to new low

Let’s say you’re Columbia Sussex, owner of the Westin Casuarina and notorious for your pinch-penny ways. What do you do if a convention organizer can’t pay up on its $50,000 tab? Why simply — and sneakily — bill it to the … Continue reading

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Fun with Math, Columbia Sussex style

If you’ve noticed less blogorrhea from yours truly of late, it’s because I’m currently combing through old “Question of the Day” entries, working on a new cross-referencing system. But that doesn’t mean I haven’t found some interesting stats. For instance, … Continue reading

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Columbia Sussex loses one, wins another

Where to start? Well, Gov. Steve Beshear is about to throw in the towel on his casinos-for-Kentucky push, having decided he couldn’t get it past the House. And remember: That was supposed to be the easy part; the state Senate’s … Continue reading

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That wacky Columbia Sussex

According to The Press of Atlantic City, Columbia Sussex is countersuing its bondholders, which it contends are trying to force the company into bankruptcy or seize an ownership in the Atlantic City Tropicana Casino & Resort. 'ColSux,' you will remember, … Continue reading

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Plaza still a "go", Tropicana gets new boss, Gibbons still irrelevant

It's Day Five of the "Hell No, We Won't Go" crisis and Nevada State Board of Medical Examiners members Drs. Daniel McBride and Javaid Anwar continue to thumb their noses at Gov. Jim Gibbons. As does board Executive Director Tony … Continue reading

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Stalemate at The Orleans; Big Easy has big month

It’s been almost nine months since the majority of Boyd Gaming‘s stagehands voted to unionize. Since then, they’ve been subjected to a managerial smackdown and their elected representative, IATSE, is virtually powerless to alleviate the situation — or even to … Continue reading

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Exodus from L.V. Trop continues

There will soon be even fewer reasons (not that there are many left) to visit the Las Vegas Tropicana. Instead of having to navigate a defunct escalator to see Bodies … The Exhibition or Titanic: The Artifact Exhibition, you'll be … Continue reading

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Meet Bill Yung

That preening Master of the Universe wannabe you see above is Columbia Sussex CEO William Yung III, subject of a lengthy (and deeply unflattering) exposé in the Louisville Courier-Journal. The article basically explains what Missouri Gaming Commission Director Gene McNary … Continue reading

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Scant interest in A.C. Trop

So the deadline for bids on the Atlantic City Tropicana has come and gone, and there are only three bids on the table. Or maybe two. Though I may have a dollar figure on the Cordish Cos. offer later today, … Continue reading

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A.C. Trop to go begging?

You have to wonder after reading this story, which suggests that — out of a field of two-dozen potential suitors for the Atlantic City Tropicana — virtually everyone is heading for the tall grass. Or maybe it's an en masse … Continue reading

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