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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: Cosmopolitan
CG Technology in peril; Big first for New Mexico
GC Technology (formerly Cantor Gaming) hopes it can mollify the wrath of the Nevada Gaming Control Board with a $1.75 million settlement offer. CG is a repeat offender in the Silver State, which means that all options are on the table, … Continue reading
Posted in Boyd Gaming, Caesars Entertainment, Cantor Gaming, Cosmopolitan, Dining, Hard Rock Hotel, Internet gambling, Las Vegas Sands, M Resort, MGM Resorts International, Mississippi, New Mexico, Palms, Penn National, Problem gambling, Regulation, Sports, Sports betting, Station Casinos, The Strip, Tribal
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Japan fever; A Rose by any other computer program
“I want to properly nurture the tourism industry in Osaka as one of its pillars,” says Gov. Ichiro Matsui of the prefecture. To that end, Yumeshima island has been set aside for a prospective casino resort. And Las Vegas and Macao … Continue reading
Posted in Caesars Entertainment, Cosmopolitan, Entertainment, Galaxy Entertainment, Genting, Japan, Las Vegas Sands, Melco Resorts & Entertainment, MGM Resorts International, Regulation, Technology, The Strip
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Busted!
Former New York Knicks great Charles Oakley fouled out big-time at The Cosmopolitan of Las Vegas. The veteran roundballer, who made $46 million during his playing career, wound up in the clink over a $100 casino chip. Oakley tried to … Continue reading
Las Vegas thrives; Palms ad backfires
Yesterday, we spotlit the Debbie Downer view of Las Vegas of one online columnist. And while a lengthy slide in visitation numbers remains a concern, dark and anecdotal snapshots of Sin City are contradicted by the numbers. The latter are … Continue reading
Posted in Boyd Gaming, Cosmopolitan, Eldorado Resorts, George Maloof, Harrah's, Horseracing, Illinois, Indiana, Laughlin, Macau, Marketing, MGM Mirage, Mississippi, Palms, Pennsylvania, Politics, Racinos, Reno, Sheldon Adelson, Slot routes, Station Casinos, Tribal, Wall Street, Wynn Resorts
2 Comments
Culinary girds for battle; Let’s get it on
Collective-bargaining-agreement talks between the Culinary Union and 34 casinos must not be going well. The Culinary fired off an e-mail blast yesterday, publicizing the fact that it will hold a strike vote May 22 and, should it pass, will hit … Continue reading
Posted in Cosmopolitan, Culinary Union, Current, Dining, Downtown, Entertainment, Florida, Harrah's, history, MGM Mirage, Politics, Seminole Tribe, Sexual misconduct, Taxes, The Strip
1 Comment
Park MGM to eclipse Bellagio?; Cleveland does not rock
Park MGM isn’t even open yet and Bloomberg has already drunk its bathwater. Think I’m exaggerating? A fluff piece declares that the casino-in-progress will “steal attention from MGM’s highest-end hotel, the Bellagio, as well as the most recent hotel to … Continue reading
Negotiation time in Vegas; MGM China trounces expectations
Yes, it’s that exciting moment when the Culinary Union contract comes due and the local flexes its muscle to get results from the casinos. Frankly, we don’t expect much drama this year, given the excellent state of the Las Vegas … Continue reading
MGM’s $3.4 billion gamble; A.C. Trop, Vegas Strip show promise
With concession renewal lurking around the 2020 corner, this might seem a risky time for MGM Resorts International to open a $3.4 billion casino in Macao. But MGM China CEO Grant Bowie says, “The concession renewal will not be determined by … Continue reading
‘Tis the season for buying; Putin drives out Ho
Carl Icahn could make another big score soon: Tropicana Entertainment has been cited as a likely takeover candidate by Wall Street analysts. The combination of saturated markets and low interests has led stock pickers to predict that the industry will … Continue reading
Posted in Boyd Gaming, Carl Icahn, Cosmopolitan, Eldorado Resorts, Glenn Straub, Golden Gaming, Greenwood Racing, Harrah's, International, Internet gambling, Lawrence Ho, MGM Mirage, Neil Bluhm, Pennsylvania, Revel, Sheldon Adelson, Taxes, Tilman Fertitta, Tropicana Entertainment, Wall Street
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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
MGM rebounds; Harvey victims have mystery casino benefactor
Commercials practically begging people to patronize the Las Vegas Strip after the Mandalay Bay massacre turn out to have been needless. The company most affected, MGM Resorts International, reports that hotel bookings are “almost back to normal.” “I’m happy to … Continue reading
Posted in Baseball, Charity, Cordish Co., Cosmopolitan, Galaxy Entertainment, Greenwood Racing, Harrah's, Macau, Mandalay Bay Massacre, MGM Mirage, Neil Bluhm, Penn National, Pennsylvania, Politics, Steve Wynn, Texas, The Strip, Wall Street
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Quote of the Day
“It did rock my world. Reading in every newspaper around the world that Crown [Resorts] was a bad corporate citizen shook me to the core because I had put in so much effort over so many years to ensure Crown … Continue reading
Posted in Australia, Cosmopolitan, Crown Resorts, James Packer, Macau, The Crown 18, The Strip
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Freeman goes native; MGM hits a three-pointer
American Gaming Association President Geoff Freeman was in Oklahoma City yesterday to talk up the economic benefits of Native American gaming. While one might be tempted to say they speak for themselves, the AGA rolled out some pretty powerful numbers. … Continue reading
Posted in Alaska, Animals, California, Cosmopolitan, Florida, Foxwoods, George Maloof, Mandalay Bay Massacre, Marketing, Massachusetts, MGM Mirage, Mohegan Sun, Oklahoma, Sports, Texas, The Strip, Tribal, TV
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Mandalay Bay mystery a labyrinth
As the clouds of war gather again over our great country, we’re finally gaining some clarity regarding Mandalay Bay shooter Stephen Paddock. He was that seeming oxymoron: a video poker “whale,” one who didn’t blanch at wagering $100 a spin. … Continue reading
Posted in Boyd Gaming, Cannery Casino Resorts, Cosmopolitan, Downtown, Harrah's, Illinois, Law enforcement, Mandalay Bay Massacre, Massachusetts, Mesquite, MGM Mirage, Philippines, Politics, Problem gambling, Regulation, Reno, Texas
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Hot numbers in August; MGM Cotai postponed
Although visitation to Las Vegas was down 2% in August, room revenues and rates were both up 3% (with a hotel room costing you $125/night on average) and occupancy at 91%. JP Morgan analyst Joseph Greff credited the Floyd Mayweather-Conor McPherson … Continue reading
Posted in Atlantic City, Boulder Strip, Colony Capital, Cosmopolitan, Downtown, Economy, Fontainebleau, Foxwoods, Hard Rock Hotel, International, Lake Tahoe, Laughlin, Macau, MGM Mirage, Mohegan Sun, North Las Vegas, Politics, Problem gambling, Regulation, Reno
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Light at end of Atlantic City tunnel; Madonna gets played
There’s one reason to look forward to November in Atlantic City: Revenue comparisons will no longer have to include the dead weight of Trump Taj Mahal. Gaming revenues were up 3.5% on the Boardwalk last month but add the Taj … Continue reading
Posted in Architecture, Aristocrat, Atlantic City, Cosmopolitan, Dan Gilbert, Detroit, Entertainment, Harrah's, Marketing, MGM Mirage, Mohegan Sun, Paragon Gaming, Scientific Games, Sports, Technology, The Strip, Tilman Fertitta, Tropicana Entertainment, Trump Entertainment Resorts, Westgate LV
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Case Bets: Cosmo, Penn, California, Caesars, Boyd, etc.
It’s reinvention time at The Cosmopolitan of Las Vegas, where management is investing $100 million-plus into upgrades of most of its rooms. If you don’t constantly reinvest in your resort project, you end up with Imperial Palace, er, Linq. (Given … Continue reading
Mickey Mouse comes to Sin City; Unrest at MGM
Locals might cringe every time the “What happens in Vegas stays in Vegas” cliché is trotted out — in part because what happens there usually finds its way to YouTube within hours, if not minutes. However, the staying power of … Continue reading
Posted in Cosmopolitan, Culinary Union, e-sports, Economy, history, LVCVA, Marketing, MGM Mirage, Mississippi, Taxes, The Strip, Transportation
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Days of wine and roses; SCOTUS to weigh Bradley Act
After seven years of hesitation, The Cosmopolitan of Las Vegas has committed to a purpose for its top four hotel floors. They’ll be high-roller suites known as the Boulevard Penthouse will be the most expensive hotel rooms known to man. … Continue reading
Posted in Architecture, Australia, Cosmopolitan, Dining, Harrah's, history, International, Massachusetts, PokerStars, Regulation, Sports, The Strip, Tribal
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That wacky Glenn Straub; New York caves on ‘Net bets
Call it Revel, call it Ten but, whatever you do, call it “closed.” Because that’s what Revel is. Owner Glenn Straub is frittering away the prime earning weeks of the year while he fights with state and local officials, whether … Continue reading
Posted in Atlantic City, Cosmopolitan, Donald Trump, Environment, Glenn Straub, Internet gambling, New York, Pennsylvania, Politics, Regulation, Revel
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