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Category Archives: Culinary Union
Culinary frets over Hard Rock; Puck jilts Caesars for MGM
What does Bethany Khan know that we don’t? Although Brookfield Asset Management has said nothing overt about selling the Hard Rock Hotel, the Culinary Union is obviously convinced that a sale is imminent and is ringing the alarm bell. In … Continue reading
Posted in Archon Corp., Culinary Union, Dining, Drugs, Hard Rock Hotel, Harrah's, history, MGM Mirage, Regulation, Station Casinos, Steve Wynn, The Strip
1 Comment
Murren blasts hate groups; 21st century strippers
Reverberations from Charlottesville were felt on the Las Vegas Strip last week when MGM Resorts International CEO Jim Murren wrote to all employees, saying in part, “You have my commitment that we will vigorously and zealously continue to reject hate speech … Continue reading
Posted in Cretins, Culinary Union, Dan Gilbert, Detroit, GLPI, history, MGM Mirage, North Dakota, Penn National, Pennsylvania, Pinnacle Entertainment, Politics, Sheldon Adelson, Technology
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MGM changes Macao strategy; Protest at the Hard Rock
MGM Resorts International isn’t counting on the whales to make ends meet at its Cotai Strip™ casino. “Our business model is not predicated on the VIP business. Our strategic plan is built on catering to this tremendously emerging more-affluent Chinese customer, a … Continue reading
Culinary boycotts beer; Wynn stock upgraded on Macao strength
Along with Organizing Beyond Barriers, the Culinary Union is calling upon Trader Joe’s to stop carrying Gordon Biersch beer labels Josephsbrau, Black Toad Ale, and Stockyard Oatmeal Stout. Why? Because the “principals are Frank and Lorenzo Fertitta, controlling owners of the Las … Continue reading
Posted in Atlantic City, Culinary Union, Donald Trump, Harrah's, Internet gambling, Lucky Dragon, Macau, MGM Mirage, Mohegan Sun, Politics, Station Casinos, Steve Wynn, The Strip, Tilman Fertitta, Tropicana Entertainment, Trump Entertainment Resorts, Wall Street
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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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Play dirty; Ayre beats the rap
One of the great things about Nevada‘s gambling industry is that it’s a free market. If you’ve got the capitalization and qualify for a license, any number can play. (Actually, some have gotten licensed only to be exposed as empty … Continue reading
Posted in Australia, Crown Resorts, Culinary Union, Donald Trump, Genting, International, Internet gambling, James Packer, Law enforcement, Nevada, Regulation
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Station, Culinary at it again; Attack of the Russian slot cheats
After reaching a fragile labor peace with Station Casinos, the Culinary Union is heading for another scrum with the company, publishing a petition to “Stations Casino” [sic!], detailing various and sundry workplace complaints, such as “first aid supplies were not … Continue reading
Posted in California, Culinary Union, Georgia, International, Law enforcement, MGM Mirage, New York, Penn National, Politics, South Carolina, Station Casinos, Technology, Tribal, Tropicana Entertainment, Wall Street
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Quote of the Day
“This country was built on the backs of slaves, on land stolen from Indigenous peoples, and most of its inhabitants are descendants of immigrants. We will not be silent as our government discriminates based on religion and national origin – … Continue reading
Posted in Culinary Union, history
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Boyd: The big squish; Trump’s double-dip
“Squishy.” That was how JP Morgan analyst Joseph Greff described Boyd Gaming‘s third quarter. The soggy verbiage was probably inspired by flooding that has vexed Boyd in Louisiana. The company is also facing stiff, new competition for IP Biloxi on … Continue reading
Posted in Atlantic City, Boyd Gaming, Cannery Casino Resorts, Culinary Union, Donald Trump, Economy, Geoff Freeman, Illinois, Louisiana, Mississippi, Regulation, Sports, Station Casinos, Taxes, Trump Entertainment Resorts, Wall Street
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Big Gaming meets the Street
Deutsche Bank analyst Carlo Santarelli has been in town and conducting a busy schedule of meetings. Pride of place must go to Wynn Resorts, which declared the opening of Wynn Palace “very clean,” with “solid” VIP business. Hotel occupancy is … Continue reading
Posted in Atlantic City, Boulder Strip, Boyd Gaming, California, Cannery Casino Resorts, Culinary Union, Economy, Glenn Straub, GLPI, Illinois, Louisiana, Macau, Marketing, Massachusetts, MGM Mirage, Mississippi, Missouri, North Las Vegas, Pinnacle Entertainment, Reno, Revel, Sheldon Adelson, Slot routes, Station Casinos, Steve Wynn, The Strip, Tribal, Wall Street
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Adelson expands; Caesars sweetens the pot
Las Vegas Sands never did get around to building that historical museum it promised Bethlehem, Pennsylvania, and it finished its hotel in quick-and-dirty (and fugly) fashion. But that doesn’t mean that Sands is still clinging to CEO Sheldon Adelson‘s pronouncement … Continue reading
Posted in Culinary Union, Donald Trump, Downtown, Economy, Harrah's, Pennsylvania, Regulation, Sheldon Adelson, Sports, Technology, Wall Street
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Boulder Station goes union; Neon Museum sets records
Having finally bowed to management’s stipulation of a secret ballot election, as opposed to a card check, the Culinary Union can belatedly claim a victory in its long-running war with Station Casinos. Employees at Boulder Station, under the oversight of … Continue reading
MGM’s China gambit; Mixed quarter for Station
MGM Resorts International and Pansy Ho are performing a fancy juggling act with MGM stock. The former is going to buy an additional 188 million shares in MGM China, increasing its hold on the property to 56%. In return, Ms. … Continue reading
Posted in California, Culinary Union, Economy, Election, Isle of Capri, Macau, MGM Mirage, Missouri, Nevada, Palms, Pansy Ho, Penn National, Reno, Station Casinos, Steve Wynn, Tribal, Wall Street
2 Comments
Pinnacle dominates Louisiana; Trump settles Vegas case
Pulled under by the Shreveport/Bossier City market (-6%), June gaming numbers in Louisiana came in 3% off last year’s. Pinnacle Entertainment‘s Boomtown Bossier ($5 million) far outperformed the competition, up 11%. Hardest hit were the Caesars Entertainment properties, with usually reliable … Continue reading
Posted in Atlantic City, Boyd Gaming, Carl Icahn, Churchill Downs, Culinary Union, Donald Trump, GLPI, Harrah's, Isle of Capri, Louisiana, Palms, Penn National, Pinnacle Entertainment, Racinos, Slot routes, Station Casinos, Tilman Fertitta, Tropicana Entertainment, Unite-Here
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Palms purchase confirmed; Adelson gets rapped
It’s official: Red Rock Resorts has purchased The Palms for $312.5 million. It got a bargain when one considers the inventory that comes with the deal — the Palms Place condo tower, 710 hotel rooms, 85 of the most famous … Continue reading
Posted in Culinary Union, Economy, Law enforcement, Macau, Palms, Philippines, Regulation, Sheldon Adelson, Station Casinos, The Strip
1 Comment
Genting comes to Massachusetts; Trump impasse on the Strip
As the Mashpee Wampanoag were preparing to break ground on Project First Light, halfway around the world Genting Malaysia was revealing the details of its management contract with the tribe. Genting holds a seven-year pact, by way of its Genting … Continue reading
Posted in Culinary Union, Donald Trump, Election, Genting, Geoff Freeman, Massachusetts, Penn National, Phil Ruffin, Sports, Steve Wynn, Taxes, The Strip, Tribal
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Secrecy prevails in Nevada; Doubletalk Down Under
In a step backward for public transparency, the Nevada Gaming Commission has decreed that privately held casinos no longer have to disclose their financial performance. Not only will this spare SLS Las Vegas the embarrassments that are its quarterly reports, … Continue reading
Posted in Australia, Charity, Cosmopolitan, Culinary Union, Harrah's, Phil Ruffin, Problem gambling, Regulation, SLS Las Vegas, The Strip, Wall Street
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Missouri: No misery here; Trouble at Trump
Foot traffic in Missouri casinos was up 3%, as customers spent 4% more than last year, leading to an 8% increase in casino revenue. Both Pinnacle Entertainment and Penn National Gaming came in comfortably above Deutsche Bank analyst Carlo Santarelli‘s … Continue reading
Posted in Culinary Union, Donald Trump, Harrah's, Isle of Capri, Missouri, Penn National, Pinnacle Entertainment, Taxes, The Strip, Tropicana Entertainment, Trump Entertainment Resorts, Wall Street
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Quote of the Day
“[Donald] Trump has got to be the first presidential candidate who’s ever owned a business that sold porn, and certainly the only Republican to have ever (openly) hawked gay porn.” — Josh Androsky, reporting on a stay at Trump International, where … Continue reading
Posted in Culinary Union, Donald Trump, Entertainment, The Strip
1 Comment
