Category Archives: Current

The Unlucky Club & other Case Bets

Did somebody build the inaptly named Lucky Club  (above) over an Indian burial ground? A deprivation of access is but the latest indignity suffered by this North Las Vegas grind joint. While it was still the Speedway Casino, it was … Continue reading

Posted in Architecture, Current, Economy, Encore, Entertainment, Lake Las Vegas, Marketing, Politics, Problem gambling, Regulation, Sheldon Adelson, Steve Wynn, The Strip | Comments Off on The Unlucky Club & other Case Bets

Casino apocalypse

I'm deeply imbedded in other projects today. In the meantime, by way of In Business Las Vegas and GamingFloor.com (source of yesterday's Harrah's Entertainment time warp, too) here's the answer to the question, "How many casino failures can you pack … Continue reading

Posted in Boyd Gaming, Cannery Casino Resorts, Colony Capital, Cosmopolitan, Current, Economy, Harrah's, Herbst Gaming, James Packer, MGM Mirage, Sheldon Adelson, Station Casinos, Steve Wynn, The Strip, Wall Street | Comments Off on Casino apocalypse

Case Bets: MGM Mirage, Harrah's, Wynn, Shuffle Master, Taxes

As we wait for the MGM Mirage earnings report, signs of desperation mount. If the company is willing to cast away a pearl like new, costly and high-yielding MGM Grand Detroit, what isn’t sacred? Not even the corporate jet, provided … Continue reading

Posted in Columbia Sussex, Current, Detroit, Economy, Goldman Sachs, Harrah's, Labor, Lake Tahoe, Louisiana, MGM Mirage, Mississippi, Pinnacle Entertainment, Shuffle Master, Steve Wynn, Taxes, Technology, Wall Street | Comments Off on Case Bets: MGM Mirage, Harrah's, Wynn, Shuffle Master, Taxes

A twist of Fator

We took in Saturday night’s opening of Terry Fator and his Cast of Thousands, as did quite a few C- and D-list celebrities, plus several MGM Mirage executives — no doubt enjoying 90 minutes’ respite from worrying about their company’s … Continue reading

Posted in Cirque du Soleil, Current, Entertainment, Harrah's, MGM Mirage, The Strip, TV | Comments Off on A twist of Fator

Station vs. Boyd III: This time it's personal

You really have to hand it to Station Casinos CEO Frank Fertitta III. This dude has more lives than a cat. Every time you think his luck has run out, he slips the noose yet again. So it was Tuesday. … Continue reading

Posted in Boulder Strip, Boyd Gaming, Colony Capital, Current, Economy, Station Casinos, The Strip, Wall Street | Comments Off on Station vs. Boyd III: This time it's personal

Joint 2.0

Yesterday, a large gaggle of local media traipsed through the Hard Rock Hotel & Casino's in-progress new version of The Joint (or Joint 2.0, if you will). Those on hand included Mike Weatherford and Jason Bracelin from the Las Vegas … Continue reading

Posted in Architecture, Boyd Gaming, Current, Economy, Entertainment, Morgans Hotel Group, Technology | Comments Off on Joint 2.0

Who are they kidding?

Mesquite casino oligopolist Randy Black bought himself some TV ad time during the Super Bowl to tout his latest value proposition (starring one Randy Black). His opening gambit: "Everybody's cutting back." Uh no, not if you're Randy Black and just … Continue reading

Posted in Columbia Sussex, Current, Donald Trump, Economy, Harrah's, Marketing, Mesquite, Phil Ruffin, The Strip, TV | Comments Off on Who are they kidding?

Bargain$ tonight in Vega$

Suppose that you got a sudden urge to visit Vegas on a Tuesday night … tonight, to be specific. You’d find that the customer is king, at least as far as pricing goes. A few minutes spent browsing Travel.Ian.com yielded … Continue reading

Posted in Boulder Strip, Boyd Gaming, Columbia Sussex, Current, Don Barden, Donald Trump, Downtown, Economy, Harrah's, Marketing, MGM Mirage, Sheldon Adelson, Station Casinos, Steve Wynn, The Strip | Comments Off on Bargain$ tonight in Vega$

'Gang' at Encore

Yesterday saw an unusual — but altogether pleasant — change in the Vegas Gang routine, as we taped “on location” from a seventh-floor room in Encore, overlooking Echelon and the increasingly ominous Fontainebleau (so disproportionately massive it looms over its … Continue reading

Posted in Architecture, Cloverfield monster, Current, Detroit, Fontainebleau, Harrah's, Illinois, Macau, MGM Mirage, Mississippi, Phil Ruffin, Stanley Ho, Steve Wynn, The Strip | Comments Off on 'Gang' at Encore

Rogues' gallery

After a fitful start, blogorrhea is sweeping the business desk of the Las Vegas Review-Journal, resulting a veritable flood of news nuggets today … Planet Hollywood prexy Michael Mecca has resigned to pursue the proverbial "other opportunities" at a time … Continue reading

Posted in California, Cannery Casino Resorts, Columbia Sussex, Current, Dining, Economy, Entertainment, Harrah's, James Packer, Marketing, Mesquite, MGM Mirage, Planet Hollywood, Politics, Regulation, Reno, The Strip, Tropicana Entertainment | Comments Off on Rogues' gallery

'Gang' at Encore

Yesterday saw an unusual — but altogether pleasant — change in the Vegas Gang routine, as we taped "on location" from a seventh-floor room in Encore, overlooking Echelon and the increasingly ominous Fontainebleau (so disproportionately massive it looms over its … Continue reading

Posted in Architecture, Cloverfield monster, Current, Detroit, Fontainebleau, Harrah's, Illinois, Macau, MGM Mirage, Mississippi, Phil Ruffin, Stanley Ho, Steve Wynn, The Strip | Comments Off on 'Gang' at Encore

Lanni: The official story

My favorite exchange in one of my favorite current TV series, Mad Men, takes place when weasel-like junior exec Pete Campbell (Vincent Kartheiser) goes to rat out his boss, Donald Draper (Jon Hamm), to company owner Bertram Cooper (the cunningly … Continue reading

Posted in Columbia Sussex, Current, Detroit, Harrah's, International, MGM Mirage, Phil Ruffin, Regulation, Station Casinos, The Strip, TV | Comments Off on Lanni: The official story

Harrah's Chapter 11 Watch

Wait 'til the sun shines, Caesar. Every so often there's a news story to which the only appropriate response is, "Holy shit!" Then again, it wasn't so long ago on the Vegas Gang that Jeff Simpson was reporting finding whole … Continue reading

Posted in Boyd Gaming, Current, Economy, Harrah's, MGM Mirage, Sheldon Adelson, The Strip | Comments Off on Harrah's Chapter 11 Watch

Unwanted Vegas bargain

So, after making the big bad Fire Department the fall guy for Dec. 31's sucktastic fireworks display (more of an obfuscation than a display, really) it turns out that the culprit was organizer Las Vegas Events. Perhaps, in a new … Continue reading

Posted in Current, Downtown, LVCVA, The Strip | Comments Off on Unwanted Vegas bargain

Happy New Year

Will it be a happy new year for the Strip? In terms of "supply shock," the timing could be a lot better, let's put it that way. Back on Aug. 14, JP Morgan issued an analyst report which showed 11,412 … Continue reading

Posted in Cosmopolitan, Current, Economy, MGM Mirage, Sheldon Adelson, Station Casinos, Steve Wynn, The Strip, Wall Street | Comments Off on Happy New Year

21

That's the number of predictions for 2009 issued by Spectrum Gaming Group, an Atlantic City-based outfit. They are, in no particular order: • Advancements in technology that impact revenues and cut costs will continue to be attractive to operators even … Continue reading

Posted in Boyd Gaming, Colony Capital, Columbia Sussex, Cosmopolitan, Current, Don Barden, Economy, Harrah's, Herbst Gaming, IGT, International, Internet gambling, Isle of Capri, Macau, Marketing, MGM Mirage, Morgans Hotel Group, Pinnacle Entertainment, Politics, Regulation, Sheldon Adelson, Station Casinos, Steve Wynn, Technology, Tribal, Wall Street | Comments Off on 21

Deep Red: Encore

As much as casino-watchers have been vexed by the total media clampdown on all but the smallest scintillae of revelation about Steve Wynn‘s Encore, it was worth the wait. Or, to put it differently, Aria and Fontainebleau have just been … Continue reading

Posted in Architecture, Cirque du Soleil, Cloverfield monster, Current, Dining, Economy, Encore, Fontainebleau, Harrah's, Macau, MGM Mirage, Planet Hollywood, Sheldon Adelson, Steve Wynn, The Strip | Comments Off on Deep Red: Encore

Quote of the Day

"[T]he fact that he's from a somewhat Western state is good." — a congressional spokesman, reacting to the nomination of Sen. Ken Salazar to head the Interior Department. Salazar is from the "somewhat" (but apparently not very) Western state of … Continue reading

Posted in Colorado, Current, Tribal | Comments Off on Quote of the Day

Nevada in October: It was the pits

Taken at face value, October's revenue numbers for Nevada casinos were calamitous. Looked at in context (i.e., coming off a 10% increase from October '06 to '07) they were … still bad. But I'm going to resist the temptation to … Continue reading

Posted in Boulder Strip, Current, Downtown, Economy, Harrah's, Lake Las Vegas, Laughlin, Station Casinos, The Strip | Comments Off on Nevada in October: It was the pits

New blogs on the block

A couple of new bloggers just rode into town, meaning I’m going to have raise my game a bit. Actually, they’ve been in town for quite a long time and know where many of the bodies are buried, but are … Continue reading

Posted in Current, Downtown, MGM Mirage, Movies, The Strip | Comments Off on New blogs on the block