Category Archives: Dining

Fertitta plays Cassandra; Reach for the sky

Although Atlantic City is coming off its best month in memory, Tilman Fertitta is predicting doom and gloom. “It’s not a nine-casino market, and I don’t understand why nobody realizes that,” he told The Press of Atlantic City. “You could say the … Continue reading

Posted in Atlantic City, Boyd Gaming, Caesars Entertainment, Derek Stevens, Dining, Donald Trump, Downtown, Economy, Election, Fontainebleau, Internet gambling, Law enforcement, LVCVA, Nevada, Pahrump, Reno, Steven Witkoff, Terry Caudill, The Strip, Tilman Fertitta | 3 Comments

Rio sold; Best casinos named

Despite rumors that Caesars Entertainment has sworn off trying to sell The Rio (again), it turns out that the Roman Empire was still shopping the resort. It’s been tentatively sold to “a principal of Imperial Companies” for $516 million. If … Continue reading

Posted in Alex Meruelo, Atlantic City, Caesars Entertainment, California, Cosmopolitan, Derek Stevens, Dining, Downtown, Eldorado Resorts, Entertainment, Foxwoods, Genting, Golden Gaming, Hard Rock International, Las Vegas Sands, Louisiana, Marketing, Massachusetts, Mississippi, Mohegan Sun, New York, Ocean Resort, Penn National, Reno, Station Casinos, The Strip, Tilman Fertitta, Tribal, TV, World Series of Poker, Wynn Resorts | 1 Comment

Chicago casino tax damned; Kerkorian epoch ends

That Illinois casino expansion went back to the drawing board—the Illinois Gaming Board, to be exact. The topic of its ire was the 33% “privilege tax” hung around the neck of the Chicago casino (bringing its effective tax rate to … Continue reading

Posted in Churchill Downs, Dining, Downtown, Entertainment, Foxwoods, history, Illinois, Massachusetts, MGM Resorts International, Mohegan Sun, Rush Street Gaming, Tamares Group, Taxes, The Strip, Tilman Fertitta, Wall Street, Westgate LV | 1 Comment

Wall Street: The Strip is all right; Rivals pile into Waukegan

JP Morgan analyst Joseph Greff has just returned from a two-day field trip to Las Vegas. His overall reaction was “incrementally positive.” He said he sensed “a fairly steady trend line in terms of overall spend and net revenue performance.” … Continue reading

Posted in Boyd Gaming, Caesars Entertainment, Churchill Downs, Conventions, Dan Gilbert, Dan Lee, Detroit, Dining, Entertainment, Full House Resorts, Illinois, Japan, Las Vegas Raiders, Las Vegas Sands, Macau, Marketing, Maryland, MGM Resorts International, Ohio, Palms, Penn National, Resort fees, Rush Street Gaming, Sahara, Sports betting, The Strip, Tribal, Wall Street, Warner Gaming, Wisconsin | Comments Off on Wall Street: The Strip is all right; Rivals pile into Waukegan

Stall in Indiana; Adelson, Netanyahu at odds

An extra weekend day in Indiana was no help to casino revenues in Indiana, which were, on average, flat with 2018. The total gross was $186 million. The saving grace, perhaps, was that August 2018 saw revenues grow 5% but … Continue reading

Posted in Boyd Gaming, Caesars Entertainment, Dining, Eldorado Resorts, Full House Resorts, Las Vegas Raiders, Pennsylvania, Sheldon Adelson, Spectacle Entertainment, Tribal | Comments Off on Stall in Indiana; Adelson, Netanyahu at odds

Cherokee go to D.C. (maybe); Ivey cleaned out

Native American tribes have a hard time being heard in Washington, D.C.  So it was past time that the Cherokee Nation took advantage of a treaty provision two centuries old and nominated a delegate to our nation’s capitol. The actual decision … Continue reading

Posted in Atlantic City, California, Dining, Economy, history, Iowa, Las Vegas Sands, Law enforcement, MGM Resorts International, Oklahoma, Penn National, Politics, Regulation, The Strip, Tourism, Tribal, William Hill, World Series of Poker | 1 Comment

A Majestic idea; MGM’s Springfield angst

Anyone remember the Greek Isles? Anybody want to? Like a phoenix rising from the ashes, the Greek Isles site will midwife the $850 million Majestic Las Vegas, designed by Paul Steelman after the style of Paul Revere Williams. It will have … Continue reading

Posted in Architecture, Arizona, Caesars Entertainment, CityCenter, Connecticut, Dining, Economy, Foxwoods, LVCVA, Massachusetts, MGM Resorts International, Mohegan Sun, New York, Security, Technology, The Strip, Transportation, Wynn Resorts | 1 Comment

MGM Springfield plays rope-a-dope; Big break for Cordish

With MGM Springfield well short of revenue projections (and cutting jobs), President Michael Mathis was sent out to do PR damage control. “I feel good about the trajectory,” he claimed. He blamed Foxwoods Resort Casino and Mohegan Sun for the shortfall: We … Continue reading

Posted in Architecture, Arkansas, Cordish Co., Delaware, Dining, Economy, Election, Foxwoods, Iowa, Massachusetts, MGM Resorts International, Mohegan Sun, New Mexico, Pennsylvania, Regulation, Rhode Island, Rush Street Gaming, Sports, Sports betting, Taxes, Tribal, Wynn Resorts | 1 Comment

Cosmo in play; Wynn looking robust

Always a step ahead of the mainstream media, VitalVegas reports that The Cosmopolitan of Las Vegas has been sold. No details are available and the story hasn’t made the wire services, but that’s not going to stop us from speculating. … Continue reading

Posted in Architecture, Churchill Downs, CityCenter, Cosmopolitan, Dan Lee, Dining, Eldorado Resorts, Macau, Massachusetts, MGM Resorts International, Penn National, Phil Ruffin, Resort fees, The Strip, Tilman Fertitta, Wall Street, Wynn Resorts | Comments Off on Cosmo in play; Wynn looking robust

Touring Vegas; Bus to Nowhere; So long, Sammy

Paste Magazine is having one of those love/hate moments with Las Vegas that seem de rigeur for glossy publications. After a few preliminary digs at the Las Vegas Strip, it settles into a survey of the best places to go … Continue reading

Posted in Cretins, Dining, Downtown, Entertainment, history, MGM Resorts International, Reno, Sahara, Sam Nazarian, Station Casinos, Terry Caudill, The Mob, The Strip, Tourism, Transportation | 1 Comment

Eldorado backpedals; Casinos for Nebraska in 2020?

While the consummation of the Eldorado Resorts/Caesars Entertainment marriage has yet to occur, already Eldorado CEO Tom Reeg is walking back some of his prenuptial promises. “I think that there’s more Strip exposure than we would need to accomplish our goals … Continue reading

Posted in Atlantic City, Caesars Entertainment, Carl Icahn, Dining, Eldorado Resorts, Election, Florida, Hard Rock International, Iowa, Japan, Macau, Missouri, Nebraska, Ocean Resort, Planet Hollywood, Seminole Tribe, The Strip, Wall Street | 2 Comments

Flattened

Lord knows how I did it but I picked up a nasty bronchial infection whilst in Chicago and am lying flat on my back as I type this. (Maybe it was having to stare at letters two stories high, spelling … Continue reading

Posted in Caesars Entertainment, Dining, Illinois, Massachusetts, Rush Street Gaming, Wynn Resorts | Comments Off on Flattened

Quote of the Day

“While the photos and videos may appear alarming, we want to reassure the public that River Spirit, including the 27-story hotel, Margaritaville and Ruth’s Chris restaurants, and both our gaming floors remain unaffected by the water surrounding our property. We will … Continue reading

Posted in Dining, Environment, Oklahoma, Tribal | Comments Off on Quote of the Day

Plaza gets a refresh; MGM covets Vegas locals

Congratulations to Plaza Hotel CEO Jonathan Jossel. He’s persuaded tight-fisted Tamares Group to invest in a 112-room renovation of the Downtown dowager. The casino is reportedly coming off its best April ever and this has evidently helped Tamares to see its … Continue reading

Posted in Architecture, Arizona, Boyd Gaming, CityCenter, Derek Stevens, Dining, Downtown, Dubai, e-sports, Entertainment, Japan, Massachusetts, MGM Resorts International, Tamares Group, Transportation, Wall Street, Wynn Resorts | Comments Off on Plaza gets a refresh; MGM covets Vegas locals

The Sahara returns, hurray

Proving that you can’t keep a classic brand down, Alex Meruelo is ditching meaningless SLS Las Vegas and bringing back Sahara Hotel & Casino for the place locals never stopped thinking of as “the Sahara.” It’s too late to restore the … Continue reading

Posted in Alex Meruelo, Carl Icahn, Dining, Environment, GLPI, Louisiana, Maryland, MGM Resorts International, Penn National, Sahara, Sam Nazarian, SLS Las Vegas, The Strip, Wall Street | 1 Comment

More Ho, less Packer at Crown; Wynn pays the piper

More Lawrence Ho at Crown Resorts means less James Packer, as the publishing heir sold down his stake to 25%, spinning the decision thusly: “I am still vitally interested in Crown’s success as a world-class resort and gaming business. The … Continue reading

Posted in Australia, Cosmopolitan, Crown Resorts, Derek Stevens, Dining, Downtown, James Packer, Japan, Lawrence Ho, Massachusetts, Nevada, Politics, Regulation, Sports betting, The Strip, Wall Street, William Hill, Wynn Resorts | Comments Off on More Ho, less Packer at Crown; Wynn pays the piper

Harrah’s wants its money back; Lucky Dragon investors grumble

They’ve got brass balls at Harrah’s New Orleans. Not only do they want an early extension of their terra forma monopoly, which expires in 2024, they want a big-ass tax rebate to go with it. At stake is a 2001 … Continue reading

Posted in Caesars Entertainment, Dining, Donald Trump, Economy, Louisiana, Lucky Dragon, Midnight Jim Gibbons, Nevada, Regulation, Reno, Resort fees, Taxes | Comments Off on Harrah’s wants its money back; Lucky Dragon investors grumble

Case Bets

Need a scorecard to keep up with the progress of sports betting? Never fear, the American Gaming Association has provided one. It shows sports-betting legislation on the docket in 15 states, including casino-averse Texas and Vermont. States that have rejected … Continue reading

Posted in Animals, California, Dining, Greenwood Racing, Illinois, Mandalay Bay Massacre, MGM Resorts International, Mohegan Sun, Palms, Pennsylvania, Pets, Regulation, Rush Street Gaming, Sports, Sports betting, Station Casinos | Comments Off on Case Bets

Wall Street loves Wynn, Penn, MGM

JP Morgan analyst Joseph Greff issued a post-1Q19 bulletin in which he named Wynn Resorts (growth), Penn National Gaming (value for share price) and MGM Resorts International (event-driven revenue) as his top picks in the gambling sphere. Wynn got a … Continue reading

Posted in Arkansas, Caesars Entertainment, DFS, Dining, Eldorado Resorts, Election, Internet gambling, Iowa, Japan, Las Vegas Sands, Macau, Massachusetts, Melco Resorts & Entertainment, MGM Resorts International, Penn National, Pennsylvania, Pets, Pinnacle Entertainment, Problem gambling, Racinos, Sports betting, The Strip, Tilman Fertitta, Transportation, Wall Street, Wynn Resorts | Comments Off on Wall Street loves Wynn, Penn, MGM

MGM, Adelson tussle for Japan; Wynn pouts over fine

Everybody wants to be in Osaka, now that it’s open for casino development and the Osakanese government strongly covets a casino, one hopefully that would be open in time for the 2025 World Expo. Among the entrants, Las Vegas Sands, … Continue reading

Posted in Dining, Galaxy Entertainment, Genting, Japan, Las Vegas Sands, Lotteries, Massachusetts, Melco Resorts & Entertainment, MGM Resorts International, Mohegan Sun, Politics, Regulation, Singapore, Sports betting, Transportation, Tribal, Wynn Resorts | Comments Off on MGM, Adelson tussle for Japan; Wynn pouts over fine