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Category Archives: Donald Trump
Crisis point in Atlantic City
If nothing else gets recalcitrant legislators off their duffs and behind Gov. Chris Christie‘s intervention on behalf of Atlantic City, maybe these numbers will. In the last quarter, only four casinos turned a profit. Harrah’s Entertainment‘s Showboat and Harrah’s Marina … Continue reading
Posted in Atlantic City, Boyd Gaming, Carl Icahn, Colony Capital, Donald Trump, Economy, Harrah's, Penn National, Politics, Sahara, The Strip, Tropicana Entertainment
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Peril on the Strip
You wouldn’t know if from the wrap on Luxor’s west side, but Angelica Bridges is out as Fantasy headliner, replaced by Lorena Peril (late of Sin City Bad Girls at the Las Vegas Hilton). This alone is sufficient to bump … Continue reading
Suicidal in New Jersey
Atlantic City can just plain go to hell. That’s the message from several prominent — or simply loud — Democratic lawmakers who say Gov. Chris Christie‘s rescue plan for the city is spinach and to heck with it. Noisiest of … Continue reading
An inspector calls
“You’re the hub right now, kid.” Thus spake a Los Angeles-based private investigator who’s hot on the trail of some possible malfeasance in the real estate world. It involves a couple of characters who were persons of interest in a … Continue reading
Posted in Donald Trump, MGM Mirage, Regulation, Sahara, The Mob, The Strip
2 Comments
Atlantic City: It could be worse
Considering that table games were up and running in Delaware and gradually rolling out in Pennsylvania, it comes as a pleasant surprise to see that Atlantic City was only down 5% in July. Frankly, I was expecting much worse, especially … Continue reading
Posted in Atlantic City, Boyd Gaming, Carl Icahn, Colony Capital, Columbia Sussex, Current, Donald Trump, Economy, Entertainment, Harrah's, Horseracing, Macau, Marketing, MGM Mirage, New York, Pansy Ho, Pennsylvania, Politics, Racinos, Regulation, Technology, Tourism, Tropicana Entertainment, Wall Street
4 Comments
Case Bets: New Jersey; A lucky guy; Genting’s good fortune
Garden State Gov. Chris Christie (R-N.J.) may have excluded sports betting as a new revenue source for the state’s besieged casino industry. As expected, state Sen. Raymond Lesniak (D, left) tuned the governor out and continues to pursue legalization of … Continue reading
Posted in Atlantic City, Boyd Gaming, Colony Capital, Cordish Co., Current, Donald Trump, Downtown, Economy, Genting, Harrah's, International, Macau, New York, Politics, Racinos, Regulation, Singapore, Sports, Tamares Group, Tourism
1 Comment
Ruffin: No bull
Treasure Island owner Phil Ruffin and his beloved mechanical bull made a guest appearance on CNBC and, characteristically, pulled no punches. (Ruffin, that is. The bull had no comment.) Even as MGM Resorts International, Harrah’s Entertainment and Las Vegas Sands … Continue reading
The great Hilton showroom massacre (and other light news)
In true Colony Capital fashion, the Las Vegas Hilton continues to shed parts like a rattletrap car. Our LVA research team reports that Shimmer Cabaret fixtures Voices (“Starring the beautiful and talented Lani Misalucha“) and Sin City Bad Girls have … Continue reading
Posted in CityCenter, Colony Capital, Current, Donald Trump, Entertainment, Environment, Marketing, MGM Mirage, Riviera, Sheldon Adelson, The Strip, Tourism
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Atlantic City: Christie’s coup d’etat
Last week, I tried to work up a piece entitled, “Atlantic City, R.I.P.” After all, the Boardwalk had just come off a catastrophic June, impacted by table games in Delaware. Since table games were in process of sweeping Pennsylvania, from … Continue reading
Posted in Atlantic City, Colony Capital, Columbia Sussex, Current, Donald Trump, Economy, Entertainment, Harrah's, history, Horseracing, International, Internet gambling, Macau, Marketing, MGM Mirage, Midnight Jim Gibbons, Penn National, Pennsylvania, Pinnacle Entertainment, Politics, Racinos, Regulation, Stanley Ho, Taxes, The Mob, Tourism
6 Comments
Your questions, answered
Paul Shanahan writes (in part): I think Fontainebleau would have looked much better if it was around 500 feet high instead of being close to 730 feet. It looks bulky and just kind of bizarre down there at the north … Continue reading
Margaritaville on the rocks
Long-serving — and long-suffering — Biloxi Mayor A.J. Holloway has lost patience with Harrah’s Entertainment. He is convinced that the metamorphosis of Grand Casino Biloxi into Margaritaville Casino is kaput and that Harrah’s will tear down what little it has … Continue reading
Posted in Ameristar, Animals, Archon Corp., Atlantic City, Boyd Gaming, Carl Icahn, Charity, Current, Donald Trump, Economy, Encore, Environment, Fontainebleau, George Maloof, Harrah's, Holy Cow, Indiana, International, Louisiana, MGM Mirage, Mississippi, Movies, Pennsylvania, Pets, Phil Ruffin, Planet Hollywood, Plaza, Riviera, Sahara, Sports, Steve Wynn, The Strip, Tourism, TV, Wall Street
5 Comments
Sharron Angle, casino analyst
Reckless rhetoric. Last week, S&G called B.S. on senatorial aspirant Sharron Angle‘s faux solicitude for the unfinished casinos along the Strip. Turns out, if she had her way, there’d be at least one more: Aria, plus all the other components … Continue reading
Posted in Boyd Gaming, CityCenter, Current, Donald Trump, Dubai, Economy, Election, Fontainebleau, Harrah's, Harry Reid, Marketing, MGM Mirage, Midnight Jim Gibbons, Phil Ruffin, Politics, Problem gambling, Regulation, Sheldon Adelson, Station Casinos, The Strip, Tourism, Transportation, TV
6 Comments
New casino pitched for Massachusetts
Even though the Massachusetts state Senate has opted to go with destination casinos, Suffolk Downs racetrack is putting its chips on a racino-centric bill currently before the assembly. The track has three things going for it: proximity to Boston plus … Continue reading
Posted in Atlantic City, Current, Donald Trump, Horseracing, Macau, Massachusetts, Pennsylvania, Politics, Racinos, Sheldon Adelson
2 Comments
“Yup, it’s in bad shape”
That’s what a correspondent wrote after seeing a ginormous photo of the sadly faded Paris-Las Vegas “balloon” marquee. For the grisly details click here. Planet Hollywood, this could be you. Just give it a few years. On the subject of … Continue reading
X Train derailed; Wynn trumps Trump
It may already be time to stick a fork in the so-called X Train, which would use existing rail lines to carry gamblers from Los Angeles to Las Vegas. According to The Associated Press, X Train is being sued by … Continue reading
The Ribis Factor
Today’s a hectic one: four bylines due and not much time for S&G. However, I am the beneficiary of some number-crunching conducted by a reader, who’s been following the decline and fall of Colony Capital‘s two Atlantic City casinos under … Continue reading
Posted in Atlantic City, Colony Capital, Current, Donald Trump, Economy, Entertainment, George Maloof, Harrah's, Marketing, Mississippi, Planet Hollywood, Politics, Racinos, Taxes, The Strip, Wall Street
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While Atlantic City burns …
While Atlantic City burns, Gov. Chris Christie fiddles. After coming into office saying the right things about helping the state’s casino industry, Christie has spent most of first months in office dithering uselessly. Having waited until A) the Revel project … Continue reading
Trump wins, Atlantic City loses
Long-suffering Atlantic City is going to stuck with one of the heaviest albatrosses around its neck — Donald J. Trump — for the foreseeable future. Das Donald’s $225 million cash offer for what’s left of Trump Entertainment Resorts trumped a … Continue reading
Posted in Atlantic City, Carl Icahn, Donald Trump, Economy, Marketing, Tourism
6 Comments
Could Steve Wynn jilt Philadelphia?
What’s Steve Wynn supposedly doing in Atlantic City this weekend and why is he allegedly kicking the tires on casino properties there? Well, it is a buyer’s market and half of Borgata is up for grabs (as would be Trump … Continue reading