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- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
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Category Archives: Current
CityCenter’s clearance sale; Ameristar’s secret admirer
After a long, abyssal plunge, Las Vegas‘ real estate market has bottomed out — or so knowledgeable people tell me. Seems that the banks ’round here ignored Mitt Romney‘s (bad) advice to dump the “shadow inventory” en masse into the … Continue reading
Posted in Ameristar, CityCenter, Current, Donald Trump, Economy, Election, Harrah's, Illinois, Louisiana, Massachusetts, MGM Mirage, Missouri, Penn National, Pinnacle Entertainment, Sheldon Adelson, The Strip, Wall Street
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PNK piquing little interest; B.S. walks
‘Twas the day after Christmas and all through the house, shareholders were beginning to cool on the value of Ameristar Casinos stock. It closed ever so slightly down from Pinnacle Entertainment‘s $26.50/share offer price. Perhaps I was wrong and $869 … Continue reading
Pinnacle punks Penn, swipes Ameristar
We’ve learned two important things today. One, that the Mayan calendar is not the most reliable predictor of events. Two, that Ameristar Casinos‘ on-again/off-again talk about putting itself up for sale was back in “on” mode. Before hardly anybody got … Continue reading
Posted in Ameristar, Atlantic City, Boyd Gaming, Columbia Sussex, Cordish Co., Current, Dan Lee, Economy, Election, Goldman Sachs, Harrah's, Indiana, Iowa, Kansas, Louisiana, Maryland, Massachusetts, MGM Mirage, Mississippi, Missouri, Penn National, Pennsylvania, Pinnacle Entertainment, Politics, Racinos, Regulation, Sheldon Adelson, Steve Wynn, Taxes, Texas, Wall Street
1 Comment
If you can’t beat ’em … move to Ohio
Faced with an intractable Kentucky Legislature and ineffectual advocacy by Gov. Steve Beshear (D-KY), one parimutuel powerhouse from the Bluegrass State is setting up shop in Ohio. Today, Churchill Downs Inc. (in tandem with Delaware North Cos.) closed on its … Continue reading
Quote of the Day
“Ha! I’ll show those overcharging bastards at Office Depot! I’m going in TOMORROW to buy my new Mayan calendar, when it will be at least half price.” — Las Vegas Review-Journal columnist Steve Sebelius.
Posted in Current
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Penn’s sucker bet; Lack of Rappaport; Running scared
Although Penn National Gaming‘s scheme to split itself into a REIT and a casino-management company hasn’t received one regulatory approval yet, top brass is already taking a victory lap. Gloated CFO William Clifford, he would “be picking up the phone … Continue reading
Posted in CityCenter, Current, Economy, Entertainment, Harrah's, MGM Mirage, Penn National, Planet Hollywood, Taxes, The Strip, Wall Street
1 Comment
Dark days at the Plaza
Last week’s abrupt cessation of three shows at the Plaza sent gloom and presages of doom through the theatrical community over the weekend. Lichtenstein-based Tamares Group was rumored to be pulling the plug on Best Little Whorehouse in Texas, Bite … Continue reading
Posted in Alex Yemenidjian, Current, Downtown, Economy, Entertainment, Planet Hollywood, Regulation, Tamares Group
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Sorry, Ralph Lamb; Twain spoofed at IP
Las Vegas‘ most famous sheriff (mythologized weekly by Dennis Quaid on Vegas) was the victim of this, er, unfortunate Los Angeles Times gaffe … … which The Atlantic has selected as one of the best typos of 2012. I’ve had … Continue reading
Twain: Not the One
If I’d spent the last 20 years under a rock and didn’t know who Shania Twain is, I’d have spent Wednesday evening wondering who this person was, why she was headlining a Caesars Palace show … and couldn’t they have … Continue reading
Posted in Current, Entertainment, Harrah's, history, The Strip, Tourism, TV
3 Comments
Blackout at the Plaza
S&G has learned — and LVA staffers have confirmed — that all main-stage shows at Tamares Group‘s flagship Plaza Hotel have gone dark until further notice. A promotional appearance by Best Little Whorehouse in Texas cast members at South Point, … Continue reading
Drugs? Hookers? In our fair city?; It’s Vegaski, Comrade!
If your casino or club employs CLS Transportation, today would be a good day to call in sick and take the phone off the hook. Seems the limo fleet of CLS was taking Las Vegas visitors for a ride, running … Continue reading
Posted in Current, Harrah's, International, Regulation, Sheldon Adelson, The Mob, The Strip, Tourism
1 Comment
Coming, going, gone …
This just in … One weekend of performances of Peepshow was all that Mrs. Ice-T managed to do before fleeing back to New York City, at least temporarily, according to an S&G source. So if you’ve got Peepshow tickets this … Continue reading
Posted in Current, Downtown, Economy, Entertainment, Harrah's, Marketing, Sheldon Adelson, Tamares Group, The Strip, Tilman Fertitta, Tourism
7 Comments
B (Dis)Connected
After months upon months of unilateral disarmament, Boyd Gaming has decided to fight back against Station Casinos‘ hugely successful “We Love Locals” TV campaign. (We could discuss why Station felt the need to reassure Las Vegans that it liked them, … Continue reading
Posted in Boyd Gaming, Current, Marketing, Station Casinos, TV
4 Comments
“Soul” too soulless?; The Sunshine Boys
One weekend down, nine to go. Bear that in mind if you simply must see Faith Hill and Tim McGraw play The Venetian. The clock’s a tickin’. Since my knowledge of the McGraw-Hill oeuvre (separately and together) consists of the … Continue reading
Wynn comes (back) to Massachusetts; Revel’s rattling tin cup
Despite several months of doom-and-gloom economic predictions from Steve Wynn, the mogul has decided to “buy American” again, not only returning to the site of previous skirmishes (Philadelphia) but also taking a second run at Massachusetts. S&G was no fan … Continue reading
Posted in Ameristar, Atlantic City, Cannery Casino Resorts, Current, Economy, Election, Environment, Harrah's, Marketing, Massachusetts, Neil Bluhm, Pennsylvania, Politics, Racinos, Regulation, Revel, Steve Wynn, Tourism, Tribal, Wall Street
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Springfield: Ameristar pulls the chicken switch
In an even more surprising development than Steve Wynn getting voted out of Foxborough, the seemingly leading contender for a western Massachusetts casino abruptly withdrew from the fray last Friday night. In a stunning abdication, Ameristar Casinos CEO Gordon Kanofsky … Continue reading
Posted in Ameristar, Current, Marketing, Maryland, Massachusetts, MGM Mirage, Penn National, Regulation, Sheldon Adelson, Steve Wynn, Tribal, Wall Street
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The bigger-than-ever loser; Shania’s rump rocks Vegas
If Sheldon Adelson played the ponies as he does politics, he’d enter a Shetland in the Kentucky Derby and put all his money on it to win. What could be better than knowing the Las Vegas Sands CEO blew $100 … Continue reading
Posted in Cirque du Soleil, Current, Downtown, Election, Entertainment, Harrah's, Macau, Regulation, Sheldon Adelson, Tamares Group, The Strip
1 Comment
Vegas: Is recovery finally for real?
So says the Brookings Institute, which raised Las Vegas to 194th from 245th in GDP (now at $47K/year) and job growth over the last year, behind such feeder markets as Bakersfield, California and Monterrey, Mexico. That’s the first year of … Continue reading
Capitol Hill and Internet poker: Too little, too late (as usual)
Despite support from an unlikely coalition that includes the American Gaming Association, the National Fraternal Order of Police and the National Association of Convenience Stores, federal legalization of Internet poker seems no closer in the 2012 lame duck session of … Continue reading
Posted in Boyd Gaming, Current, Harry Reid, International, Internet gambling, MGM Mirage, Politics, Regulation
3 Comments