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- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
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Category Archives: Culinary Union
Big month for Hard Rock Atlantic City; Sunset Station unionizes
Atlantic City‘s two heaviest hitters had a not-so-merry month of May. Borgata fell 15%, to $52 million, and Tropicana Atlantic City tumbled 18%, landing at $25 million and ceding second place for the first time to Hard Rock Atlantic City … Continue reading
Posted in Atlantic City, Boyd Gaming, Caesars Entertainment, Churchill Downs, Culinary Union, Detroit, Eldorado Resorts, Greenwood Racing, Hard Rock International, MGM Resorts International, Mohegan Sun, New Jersey, Ocean Resort, Penn National, Pennsylvania, Rush Street Gaming, Sports betting, Station Casinos, Tribal
1 Comment
Vegas jottings, with a touch of Atlantic City
If we need a workplace consultant, we certainly won’t hire the Seyfarth Shaw at Work firm. (Seyfarth Shaw? Wasn’t he a character in Game of Thrones?) It’s offering its services to come up with strategies that will deter your employees … Continue reading
Posted in Atlantic City, Caesars Entertainment, Culinary Union, Derek Stevens, Downtown, Entertainment, Golden Gaming, Las Vegas Sands, Marijuana, MGM Resorts International, Pets, Sheldon Adelson, Sports betting, Technology, Wynn Resorts
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Station loses another; Musk wins one
Despite a Trump-appointed majority on the National Labor Relations Board, it ruled against Station Casinos, voting unanimously that the company had failed to recognize and bargain with the Culinary Union vis-a-vis the Palms. “By failing and refusing since May 17 to … Continue reading
Posted in Culinary Union, LVCVA, Palms, Station Casinos, Transportation
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Tribe trumps Trump; Rockford pleads for casino
Despite being thrown off the fast-track legislative calendar by a blast of hot air from Donald Trump, a bill to restore land-in-trust status to the Mashpee Wampanoags has sailed through the House of Representatives, 257-146 in a bipartisan win. “Without support … Continue reading
The age of austerity?
While Station Casinos CEO Frank Fertitta III won’t be mistaken for a pauper anytime soon, he’s the most restrained of Las Vegas‘ top six gaming CEOs when it comes to compensation. On top of his $1 million base salary, his … Continue reading
Posted in Boyd Gaming, Caesars Entertainment, Culinary Union, International, Japan, Las Vegas Sands, Lawrence Ho, Melco Resorts & Entertainment, MGM Resorts International, Politics, Sheldon Adelson, Station Casinos, Unite-Here, Wall Street, Wynn Resorts
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Eldorado strong, Penn stronger; Caesars screws you
Were it not for inclement weather, Eldorado Resorts would have exceeded Wall Street’s consensus $172 million cash-flow prediction by $8 million for 1Q19, not come up $5 million short. For instance, Reno (pictured) had snow in 24 of February’s 28 days … Continue reading
Posted in Arizona, Atlantic City, Caesars Entertainment, Colorado, Cordish Co., Cretins, Culinary Union, Detroit, Dining, Economy, Eldorado Resorts, Florida, Hard Rock International, Illinois, Internet gambling, Iowa, Macau, Massachusetts, MGM Resorts International, Mississippi, Penn National, Pennsylvania, Pinnacle Entertainment, Racinos, Regulation, Reno, Sports betting, Station Casinos, Tribal, Wall Street, West Virginia, Wynn Resorts
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War of the Palms; Odds on the Avengers
In its latest salvo against Station Casinos, the Culinary Union has commissioned a study to determine if the Palms will achieve an ROI pleasing to Wall Street. Its conclusion is that the revamped casino-hotel will need to generate cash flow … Continue reading
Posted in Churchill Downs, Culinary Union, Downtown, Kentucky, Movies, Palms, Station Casinos, Terry Caudill, Tribal, Wall Street
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New date for The Drew
There are some stirrings of life around the Fontainebleau/The Drew carcass. This week developer Steven Witkoff announced the hiring of Diller Scofidio+ Renfro architectural team to finish the massive hulk, with a new completion date of 2022. (We never bought … Continue reading
MGM: The first shall be last … or something like that
Closing out the J.P. Morgan Gaming & Lodging Management Access Forum were execs from MGM Resorts International. The company’s four priorities were stated as 1) drive organic growth, 2) bring new properties up to speed in terms of revenue performance, 3) … Continue reading
MGM: No robots here; Resort fees fester
Our post yesterday about “robot” bartenders coming to MGM Resorts International properties on the Las Vegas Strip struck a nerve in the lion’s den. Understandably concerned with the mental image of customers expecting to get their drinks from a Cylon, … Continue reading
Stevens’ acumen questioned; Deejay era on downturn
A report has surfaced questioning the financial viability of $800 million Circa (written back when it was still 18 Fremont). In what seems like a preliminary shot fired across Derek Stevens‘ bow by Unite-Here, it asserts ” the project is … Continue reading
PGA gives itself a mulligan; MGM sharpens the axe
Despite having cried out for federal regulation of sports betting, the PGA Tour is willing to look the other way if its players opt to be sponsored by the gaming industry. “Because of the Supreme Court’s decision last year, and because … Continue reading
Posted in Charity, Culinary Union, Galaxy Entertainment, International, Japan, Las Vegas Sands, Law enforcement, Macau, Melco Resorts & Entertainment, MGM Resorts International, Sports, Sports betting, The Strip, Virginia, Wall Street, Wynn Resorts
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Wynn Resorts walloped
We’ve been down for a day and half for maintenance but S&G is back now with a doozy of a news dispatch: The good news for Wynn Resorts is that it gets to keep its Nevada gaming license. The bad … Continue reading
Posted in Cantor Gaming, Culinary Union, Donald Trump, history, Massachusetts, Politics, Prostitution, Real Estate, Regulation, Sports, Steve Wynn, Transportation, Wall Street, Wynn Resorts
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Station loses again; Starwood data raided
Station Casinos continues to be at cross-purposes with the National Labor Relations Board. Its latest misstep was stonewalling the Culinary Union with regard to labor talks at Green Valley Ranch. NLRB Chairman John Ring ruled, “By failing and refusing since … Continue reading
Posted in Arizona, Culinary Union, Donald Trump, Economy, Macau, Station Casinos, Taxes, Technology, Transportation, Tribal, Wall Street, Wisconsin
1 Comment
Election Postmortem: Who won, who lost
Election Night seems far behind us but its meaning for gaming is still sinking in, as in Arkansas, where sports betting has also been approved. In addition, two Oklahoma-based tribal entities are likely to feel entitled to the casinos green-lit … Continue reading
Posted in Animals, Arkansas, Caesars Entertainment, Culinary Union, DFS, Election, Entertainment, Florida, history, Idaho, Illinois, Las Vegas Sands, Louisiana, MGM Resorts International, Oklahoma, Politics, Seminole Tribe, Slot routes, Sports, Sports betting, Station Casinos, Taxes, Tribal
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Case Bets
In Nevada‘s Nye County, 70% of the electorate voted to elect a dead pimp to the Nevada Assembly. I guess this means that the GOP is going to have to unearth Dennis Hof‘s rotting corpse and prop it up in … Continue reading
Posted in Culinary Union, Derek Stevens, Downtown, Election, International, Law enforcement
1 Comment
Election Special: Winners and losers
In a victory for the state of Arkansas, voters approved casinos in four locations across the state, 54% to 46%, a convincing mandate by any measure, and a big win for a variety of pro-casino companies that included Warner Gaming and Delaware North. … Continue reading
Posted in Arkansas, Caesars Entertainment, Culinary Union, DFS, Election, Florida, Georgia, Harry Reid, International, Marijuana, MGM Resorts International, Nevada, Pennsylvania, Politics, Racinos, Seminole Tribe, Sheldon Adelson, Sports, Sports betting, Virginia, Warner Gaming, Wisconsin
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Caesars to rebuff Fertitta; No surprise, Culinary endorses Rosen
This just in: Credit Suisse analyst Brian McKnight reports that the Caesars Entertainment board is going to reject Tilman Fertitta‘s reverse-merger offer. However, now that Caesars is in play, McKnight doesn’t think this is the end of the story, mentioning … Continue reading
Illinois tries, tries again; I, robot
Here we go again. Illinois solons will once more take up the question of casino expansion in the Land of Lincoln. However, other and more pressing gambling concerns may take priority. In addition to Internet gambling there is the quick … Continue reading
Posted in AGA, Caesars Entertainment, Culinary Union, DFS, Economy, GLPI, Illinois, International, Internet gambling, Lawrence Ho, MGM Resorts International, Politics, Racinos, Regulation, Sports betting, Taxes, Technology, Wynn Resorts
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MGM Springfield disappoints; Ruffin makes peace
Publicizing revenue expectations is a dangerous thing. Just ask the four new casinos in upstate New York. Or Bruce Deifik in Atlantic City. When you don’t make your number (the dreaded Penn National Effect) it opens you up for no … Continue reading
Posted in Charity, Connecticut, Culinary Union, International, Law enforcement, Macau, Massachusetts, MGM Resorts International, Penn National, Phil Ruffin, Problem gambling, Rhode Island, The Strip
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