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Category Archives: Donald Trump
Maddox: Stand by my man
Steve Wynn disgusts me so much that I want to pack it in. His latest stratagem, faced with police reports, is a time-honored [sic] one: Blame the victim. Wynn sent a spokesman out to say the mogul “has never been supplied … Continue reading
Adelson subsidizes foreign policy; Packer’s comeback
Sheldon Adelson‘s at it again. This time, in the cause of escalating Mideast tensions, he’s putting his money where his mouth is. The toupee-crowned supermogul is reported to be offering to foot the bill for at least some of a … Continue reading
Posted in Alex Meruelo, Atlantic City, Australia, Donald Trump, Glenn Straub, Greenwood Racing, Hard Rock International, International, Internet gambling, James Packer, Lucky Dragon, Macau, Melco Crown Entertainment, Ohio, Pennsylvania, Politics, Regulation, Revel, Sheldon Adelson, Sports, Steve Wynn, The Crown 18, The Strip
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Negotiation time in Vegas; MGM China trounces expectations
Yes, it’s that exciting moment when the Culinary Union contract comes due and the local flexes its muscle to get results from the casinos. Frankly, we don’t expect much drama this year, given the excellent state of the Las Vegas … Continue reading
Wynn: What’s in a brand?
More than the trouble (and cost) it takes to replace it, experts conclude. Another reason for keeping the founder’s name on Wynn Resorts is one that he would not find flattering: “I think the impact on Wynn Resorts will be short-lived, … Continue reading
Posted in Atlantic City, Charity, Cretins, Donald Trump, Genting, Japan, Marketing, Massachusetts, Politics, Regulation, Sexual misconduct, Steve Wynn, The Strip, Wall Street, Wynn Resorts
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Illinois anemic; MGM flexes pecs in Maryland, Washington, D.C.
Thank God. There is nothing new about Steve Wynn in this morning’s headlines, so we can talk about some good, old-fashioned gambling. Illinois last month saw a 5.5% drop-off for a somewhat anemic gross of $105 million. Foot traffic was … Continue reading
Posted in Atlantic City, Boyd Gaming, Cordish Co., Donald Trump, Economy, Foxwoods, GLPI, Golden Gaming, Harrah's, Illinois, Marketing, Maryland, MGM Mirage, Mohegan Sun, Neil Bluhm, Penn National, Pennsylvania, Politics, West Virginia
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Steve Wynn makes his case; Gambling stalemate in Florida
It’s no longer enough for employees of Wynn Resorts to reflect well upon the company. No, now Steve Wynn wants their gratitude. His confidential pep rallies have had all the watertight integrity of a colander. By reminding workers that the … Continue reading
Posted in California, Detroit, DFS, Dining, Donald Trump, Election, Entertainment, Florida, Galaxy Entertainment, Genting, Harrah's, Internet gambling, Macau, Massachusetts, Melco Resorts & Entertainment, MGM Mirage, Movies, Politics, Regulation, Seminole Tribe, Sexual misconduct, Sheldon Adelson, Steve Wynn, Taxes, The Strip, Wall Street
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Wynn loses big-time
Since the Wall Street Journal broke the cone of silence around Steve Wynn‘s sex life, shares of WYNN have fallen 19%. That means that the Wynn Resorts CEO is $463 million the poorer, being so heavily invested in his own … Continue reading
Posted in Donald Trump, Macau, Massachusetts, Minnesota, Politics, Regulation, Sexual misconduct, Steve Wynn
1 Comment
Wynn: The fallout
It’s still early in the apparent downfall of Steve Wynn but already there’s heated pressure being put on both Democrats and Republicans to disown his largesse. Rep. Karen Handel (R) was out in front, giving $2,700 Wynnbucks to “a charity in … Continue reading
Posted in Architecture, Donald Trump, Galaxy Entertainment, Japan, Macau, Massachusetts, Nevada, Politics, Regulation, Sheldon Adelson, Steve Wynn, Wall Street
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Quote of the Day
“It was always just billionaire ego bullshit. Like, ‘Haha, my building is a couple feet taller than your building.’ That kind of thing.” — anonymous Donald Trump campaign official describing the relationship between Steve Wynn and Trump.
Posted in Donald Trump, Steve Wynn, The Strip
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Steve Wynn: Time’s up
Yesterday, the penny dropped on Steve Wynn, as multiple reports of sexual predation made the news. According to the Wall Street Journal, we’re not talking about one or two accusers but “dozens,” over a period of decades. Without diminishing the … Continue reading
New York-New York boosts thrill quotient; Seminoles play with fire
As rollercoaster rides go, New York-New York‘s is reassuringly tame. Perhaps in recognition of that, MGM Resorts International is going to kick things up a notch with digital augmentation. According to the Los Angeles Times, “The 3½-minute virtual reality experience … Continue reading
Monopoly!
“They came. They saw. They were rejected,” wrote Richard Velotta wittily in the Las Vegas Review-Journal‘s report of a spurned takeover attempt by MGM Growth Properties of Vici Properties. Yes, the long-dreaded MGM/Caesars merger effort has finally come to pass. … Continue reading
Possible breakthrough in Mandalay Bay shootings; Trump Int’l rated a “s***hole”
Authorities are hinting about an indictment coming down in the Mandalay Bay massacre but are being coy as to whom it will target. Information released thus far by those investigating the crimes suggests that — despite having been out of … Continue reading
Posted in Centaur Gaming, Donald Trump, Economy, Florida, Fontainebleau, Genting, Harrah's, IGT, Indiana, Law enforcement, Mandalay Bay Massacre, MGM Mirage, Nevada, Racinos, Sports, Technology, The Strip, West Virginia
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Quote of the Day
“There is no ambiguity here. This is an underlying principle of our democracy. We cannot stand silent. We will not allow any president to achieve by intimidation what our Constitution precludes him or her from achieving in court. We need … Continue reading
Posted in Current, Donald Trump
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Where’s the outrage?; Religion and slots mix
Donald Trump‘s move to take tips out of workers’ pockets and put them in managements hands has poked an 800-lb. gorilla, in the form of the AFL-CIO. It was wrong when Steve Wynn did it as business policy and it’s … Continue reading
Posted in Atlantic City, Charity, Donald Trump, International, Macau, Pennsylvania, Station Casinos, Technology, The Strip, Tribal, Wall Street
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Strip’s Thanksgiving turkey; Sports betting overhyped?
Despite a neutral calendar (i.e., same number of weekend days) and a 2% increase in baccarat wagers, the Las Vegas Strip managed to plummet 25% in table game win, pulling overall revenue 6% downward. Had it not been for that game, … Continue reading
Reid: The truth is out there; Paddock motive unfathomable
Not only does the Pentagon have its own X-Files unit, there’s a strong Las Vegas angle. The Advanced Aerospace Threat Identification Program was the brainchild of then-Sen. Harry Reid (D) and (officially) ran from 2007 to 2012. However, according the the … Continue reading
Posted in Donald Trump, Downtown, Florida, Genting, Harry Reid, Law enforcement, Macau, Mandalay Bay Massacre, Melco Crown Entertainment, Philippines
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Wynn’s new frontier
Wynn Resorts made it official last night: It had paid just under $335 million for the old New Frontier site, which it is taking over from James Packer. The deal makes a fool of Packer, who paid $570 million for … Continue reading
Posted in Atlantic City, Cretins, Current, Dan Gilbert, Detroit, Donald Trump, Florida, Genting, Hard Rock International, James Packer, Lucky Dragon, LVCVA, MGM Mirage, Minnesota, Penn National, Phil Ruffin, Riviera, Sports, Steve Wynn, The Strip, Tribal, Wall Street
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E-sports comes to Macao; Donald Trump, thief
Staying with the curve, Macao is going after the e-sports phenomenon. Sociedade de Jogos de Macau held the protectorate’s first e-sports tournament, at Grand Lisboa. Nine international teams competed for a $300K pot. “E-Sports is an emerging industry with huge growth … Continue reading
Posted in Boulder Strip, Donald Trump, e-sports, Galaxy Entertainment, Macau, Marijuana, Melco Resorts & Entertainment, Philippines, Security, Sociedade de Jogos de Macau, Steve Wynn, Westgate LV
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MGM National Harbor rules; Beating the eye in the sky
MGM National Harbor dominated Maryland yet again, garnering 39% of market share and grossing $50.5 million. The balance of revenue continues to creep toward the (punitively taxed) slot side of the casino, so MGM won’t be completely thrilled with November’s … Continue reading
Posted in Architecture, Cordish Co., Donald Trump, Golden Gaming, Japan, Law enforcement, Lawrence Ho, Maryland, Melco Resorts & Entertainment, MGM Mirage, New York, Penn National, Racinos, Regulation, Sports, Steve Wynn, Taxes, The Strip
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