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Category Archives: Current
Third-quarter blahs: Ameristar, Boyd, MGM; Crackdown in Alabama
While nobody quite matched the $221 million loss posted by Caesars Entertainment, the gaming industry didn’t lack for underachievers in 3Q12, thanks largely to softness in domestic casino markets. Ameristar Casinos reported a $16 million profit, despite a 2% revenue … Continue reading
Posted in Alabama, Ameristar, Atlantic City, Boyd Gaming, CityCenter, Colorado, Current, Detroit, Downtown, Environment, Harrah's, Hawaii, Illinois, Iowa, Kansas, Louisiana, Macau, Marketing, Massachusetts, MGM Mirage, Mississippi, Missouri, Ohio, Penn National, Steve Wynn, The Strip
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Have you seen this man?; Bluhm comes to Beantown
Anyone remember Gov. Steve Beshear (D)? For the five years, he’s been spinning his wheels, trying to get gambling expanded in Kentucky past horse racing. When Beshear ran for reelection last year, his GOP opponent, then-state Senate President David Williams … Continue reading
Posted in Current, Illinois, Isle of Capri, Kentucky, Macau, Massachusetts, Missouri, Neil Bluhm, Politics, Racinos, Regulation, Tribal
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No-win situation; October surprise
You might say Mitt Romney was for gambling before he was against it. Both as a 1994 Senate candidate and later as governor, he advocated slot parlors and later VLTs in Massachusetts. (He also proposed to extort $75 million apiece … Continue reading
Posted in Atlantic City, Cantor Gaming, Current, Election, Harrah's, International, Massachusetts, Regulation, Taxes, Tourism, Tribal, Wall Street
1 Comment
You can’t cure stupidity
Although I’m sure Tao Beach had its heart in the right place when it crafted this promotion for Breast Cancer Awareness Month, its brain fell clear out its butt. Not only does this public-disservice message appear to have been dreamed … Continue reading
Posted in Current, Marketing, Sheldon Adelson, The Strip
2 Comments
Cosmo: Yes, we have gambling!; Election Special 2: Palm Beach
For the umpteenth time, The Cosmopolitan of Las Vegas has been obliged to go to the media and say, ‘Yes, we not only have gambling but we actually like it, we really do.’ It’s a message that got kicked under … Continue reading
Posted in Arizona, Cosmopolitan, Current, Dining, Economy, Election, Florida, Isle of Capri, Marketing, Racinos, Sheldon Adelson, Taxes, The Strip, Tourism, Tribal, Wall Street
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Atlantic City and Sandy’s silver lining; Adelson to cop a plea?
At the risk of taking Hurricane Sandy too lightly, in some respects the storm — currently on a path straight for Atlantic City — represents a strange blessing in disguise for the Boardwalk. With the city all buttoned up as … Continue reading
Posted in Cretins, Current, Donald Trump, Economy, Election, Environment, Macau, Regulation, Sheldon Adelson, Tribal, Tropicana Entertainment
1 Comment
High-profile Vegas divorce
This just in … peripatetic chef Carla Pellegrino has just released a statement in which “announces her mutual separation from Tropicana Las Vegas,” after 19 months overseeing its Italian restaurant, Bacio. The Brazilian chef, also late of Rao’s at Caesars … Continue reading
Posted in Alex Yemenidjian, Cantor Gaming, Current, Dining, Internet gambling, M Resort, Penn National, The Strip, TV, Wayne F. Newton
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Shadow-puppetry at the Sahara; TropiHilton of LV; Melco goes southerly
“Lightweight” might be a apt term to describe the braintrust forming around the SLS/Sahara project. So would “miscast.” Reporting to casino novice and owner Sam Nazarian, its president will be J.P. Morgan investment banker Sam Bakhshandehpour. His main qualification for … Continue reading
Posted in Alex Yemenidjian, Colony Capital, Cosmopolitan, Current, Goldman Sachs, Harrah's, International, James Packer, Lawrence Ho, Marketing, Melco Crown Entertainment, MGM Mirage, Planet Hollywood, Sahara, Steve Wynn, The Strip, Tourism, Wall Street
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More slump at Trump; Home woes ease
Trump International is hawking bargain rates for the Yuletide season, including price-matching, Saks Fifth Avenue discounts, “guaranteed late check out” (translation: Please stay with us!) and more. The sheer plethora of discounts and giveaways hints at an increasing level of … Continue reading
Posted in Current, Donald Trump, Economy, Illinois, International, Marketing, Midnight Jim Gibbons, Phil Ruffin, The Strip, Tourism
4 Comments
He shoots, he scores!; Zynga zinged; Hill puts leg before wicket
Monday’s interview with Interblock global sales supremo Tom O’Brien (right) yielded some passing observations that are probably too peripheral for my upcoming Casino Life piece … but perfect for S&G. Interblock maintains field offices in Las Vegas (soon to become … Continue reading
Posted in Australia, Boyd Gaming, Current, Election, Genting, IGT, International, Internet gambling, James Packer, Macau, Regulation, Singapore, Technology, TV
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Slow news day, defined
In attempt to get some TV time, Donald Trump vowed he was going to say something to someone about somebody else today. But frankly … who cares? On a genuinely substantive note, Internet gremlins are laying siege to LVA again, … Continue reading
Posted in Current, Donald Trump, Technology
4 Comments
And some fourth-graders shall lead them
Finally, something constructive comes out of the “Call Me Maybe” phenomenon. If the cute and inspirational Harlem Prep Hawks are any indication, our country’s future is bright indeed. As they sing, “Vote for somebody.” (Or something.) Your franchise is a … Continue reading
Posted in Current, Election, Entertainment
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Harrah’s: “Legends” out, “Quartet” in
No wonder Harrah’s Las Vegas gave Legends in Concert an eviction notice a scant two days after a major promotional event. The venerable casino landed Million Dollar Quartet, which played a critically acclaimed but very limited engagement at the Smith … Continue reading
Posted in Current, Downtown, Entertainment, Harrah's
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Quote of the Day
“I’m a Republican and I’m not voting for Mitt Romney at all! You want to know why? Because of these constant phone calls!” — unidentified, irate Las Vegas Philharmonic patron, overheard speaking to a telemarketer in a Smith Center for … Continue reading
Splitsville: Harrah’s and ‘Legends’; Wanna buy used Hooters?
If you want to see Legends in Concert at Harrah’s Las Vegas, better get a move on: The tribute act and Harrah’s LV “have mutually agreed” to go their separate ways on Dec. 30. This doesn’t mean that Caesars Entertainment … Continue reading
Pinnacle saves September in Louisiana; Echelon under wraps; The red-headed stepkids of Station, Sands and Caesars
Folks down in the Pelican State had better things to do than gamble last month … like clean up after Hurricane Isaac. This might account for a 5% year/year decline in casino revenues. Louisiana‘s gambling venues grossed $200 million last … Continue reading
Posted in Boyd Gaming, CityCenter, Current, Economy, Entertainment, Florida, Harrah's, Isle of Capri, Louisiana, Marketing, MGM Mirage, Missouri, Pennsylvania, Pinnacle Entertainment, Politics, Racinos, Regulation, Sheldon Adelson, Station Casinos, Taxes, The Strip, Tourism, Transportation, Wall Street
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Parlez-vous *faux pas*?
OK, so Cirque du Soleil‘s Zarkana is certain to be a slam-dunk at the box office and a better financial performer than its predecessor, the unlamented Viva Elvis. However, does anyone find this invitation a bit culturally off-key? English and … Continue reading
Quote of the Day
“It seems that if the [Las Vegas Review-Journal] is going to run a fluffy pucker piece about Ayn Rand, there should be some sort of disclaimer attached. The paper’s recent butt-kisser profile of the wacky novelist was so gushy that … Continue reading
Posted in Current
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Just another week in Vegas
D’ya remember that Flava Flav restaurant venture, just off “Crack Alley,” that sounded “too crazy to be true“? Nah, me neither. It quietly went bust earlier this year. Well, now the “aging reality TV star” is in a different sort … Continue reading
Posted in Animals, California, Cretins, Current, Dining, Harrah's, Planet Hollywood, The Strip
8 Comments
Shame on you, Derek Stevens!
Vue Bar at The D used to be one of the stronger bargain plays Downtown. In the land of the $8 draft, Vue offered $1 pulls and a Blue Moon would set you back a whole two bucks. However, The … Continue reading
Posted in Current, Derek Stevens, Downtown, Entertainment, Marketing
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