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Category Archives: Donald Trump
Adelson's rescuer?
Meet Wilbur Ross. He’s an investor of all trades with an appetite for distressed assets. And he’s turning his sights to the casino industry. In particular, he’s drawn a bead on “companies [who] are also looking at selling assets in … Continue reading
Posted in Animals, Atlantic City, Cannery Casino Resorts, CityCenter, Donald Trump, Entertainment, Horseracing, Macau, MGM Mirage, New York, Sheldon Adelson, Sports, Tribal, TV, Wall Street
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Adelson's rescuer?
Meet Wilbur Ross. He’s an investor of all trades with an appetite for distressed assets. And he’s turning his sights to the casino industry. In particular, he’s drawn a bead on “companies [who] are also looking at selling assets in … Continue reading
Posted in Animals, Atlantic City, Cannery Casino Resorts, CityCenter, Donald Trump, Entertainment, Horseracing, Macau, MGM Mirage, New York, Sheldon Adelson, Sports, Tribal, TV, Wall Street
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From the mailbag #5
Our Comment-Eating Server has been at it again, so here are a few reader remarks that got devoured in cyberspace (where no one can hear you scream at your computer) … With regard to “Gambling Scandal Ensnares Eight More“: This … Continue reading
Posted in Atlantic City, Current, Donald Trump, Environment, Harrah's, International, Internet gambling, Isle of Capri, Labor, Regulation, The Mob, The Strip, Tribal
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Atlantic City sucks …
… says the Motley Fool, in essence. Even Borgata, which posted a higher operating profit year/year, is deemed merely to suck less than everybody else. I’m not sure I’m with the Fools on this one. For instance, shouldn’t Sands Bethlehem … Continue reading
Posted in Ameristar, Atlantic City, Carl Icahn, Colorado, Detroit, Donald Trump, Florida, Internet gambling, Macau, MGM Mirage, Pinnacle Entertainment, Regulation, Sheldon Adelson, Stanley Ho, Tribal, Wall Street
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I was just saying …
… to a colleague that, given Atlantic City‘s dismal July numbers, a plea for governmental assistance had to be just ’round the corner. Well, whaddya know? In at least five instances, Atlantic City’s casinos are run by companies that just … Continue reading
Posted in Atlantic City, Boyd Gaming, Carl Icahn, Colony Capital, Current, Donald Trump, Economy, Harrah's, MGM Mirage, Tropicana Entertainment
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Case Bets: Ohio, Trump, Fahrenkopfian outrage
With racinos a done deal in Ohio, a suddenly frisky Harrah’s Entertainment is shopping around for a Cleveland-area track. If anything, I’m surprised competing companies haven’t beaten Harrah’s to the punch, but it seems to have sucker-punched its rivals. Good … Continue reading
Posted in Atlantic City, Cordish Co., Donald Trump, Harrah's, Labor, Maryland, Ohio, Wall Street
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Donald Trump, comedian
This is a joke, right? Three Atlantic City casinos for a slim $100 million? Then again, if Trump Entertainment Resorts financial advisor Lazard only values unloved Trump Marina at $24 million, maybe exiled chairman Donald Trump isn’t so far out … Continue reading
Posted in Atlantic City, Donald Trump, Pennsylvania, TV, Wall Street
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Bare-knuckle Boardwalk brawl
“Leaky windows. Broken air-conditioning. Missing kitchen equipment. A weather-beaten building … It also has missing kitchen equipment and broken air-conditioning units that have left guest rooms hot and unrentable. Further, it is plagued by a leaky roof, windows and skylights … Continue reading
Posted in Atlantic City, Donald Trump, Economy, Harrah's, MGM Mirage, Silverton, The Strip, Tropicana Entertainment
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Penn finally makes a move
Well, let's not get all excited yet. Penn National has bought a puny stake in Morris Goldstein & Assoc., a slot distributor. It's a bit of kabuki theatre whereby Penn and executives CEO Peter Carlino, President Tim Wilmott, CFO Bill … Continue reading
Posted in Donald Trump, Internet gambling, Macau, Penn National, Regulation, Riviera, Tourism
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House of wax
I call your bluff, comrade. As you may have heard, casinos in Russia can stay open by converting to poker rooms. A tip of the fedora goes to reader mike_ch for pointing out this story, which delineates some of the … Continue reading
Posted in Architecture, Donald Trump, Entertainment, Fontainebleau, International, Penn National, Planet Hollywood, Regulation, Riviera, Sheldon Adelson, Sports, Station Casinos, The Strip, Tourism, TV
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The Trop heist that wasn't
"An improvident indictment." That's what New Jersey officials are calling a case that was quietly quashed in May. Sacked Borgata veep John Conklin and two other men had been charged with plundering the Tropicana Atlantic City's database when they were … Continue reading
Posted in Atlantic City, Boyd Gaming, Donald Trump, Entertainment, Golden Gaming, Harrah's, Herbst Gaming, Kansas, Neil Bluhm, North Las Vegas, Pennsylvania, Politics, Sheldon Adelson, Singapore, Taxes, The Strip, Transportation
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Margaritaville wastes away
In an utterly (not) shocking development, the interminably protracted sale of Trump Marina has given up the ghost. This deal was on life support for months, so today’s bulletin merely ratifies the inevitable. The would-be reinvention of the Marina as … Continue reading
Posted in Atlantic City, Carl Icahn, Colony Capital, Current, Donald Trump, Economy, Harrah's, Silverton, Tropicana Entertainment
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Slots A Fun defeats Donald Trump
I'm not sure if you can see the "unique page views" counter on this blog or not but, as of Friday afternoon, people prefer to read about Slots A Fun than about the bizarre reasoning patterns of one Donald J. … Continue reading
Posted in Donald Trump, Downtown, The Strip, Tilman Fertitta
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"Fixations"
No, Guy Laliberté is not prancing around our offices in cap and bells, reducing staffers to helpless laughter with declarations of, "Criss Angel is not a magician … he is an artist!" Instead, cyber-gremblins have rendered our Web operations FUBAR … Continue reading
Posted in Cirque du Soleil, Donald Trump, Entertainment, Macau, MGM Mirage, Technology
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Surrender in Atlantic City?
Yesterday, I mis-reported New Jersey state Sen. James Whelan's proposal for downsizing the state's regulatory apparatus. He didn't call for elimination of the New Jersey Casino Control Commission in favor of the Division of Gaming Enforcement, merely an unspecified removal … Continue reading
Posted in Atlantic City, Boyd Gaming, Colony Capital, Donald Trump, Economy, Harrah's, Penn National, Pennsylvania, Politics, Regulation, Station Casinos
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Perp Show
If you're bald, weight 285 lbs. and have one arm in a cast, you're not exactly inconspicuous. So how was it that that such a hefty man was to infiltrate a VIP area of Planet Hollywood and bust into Peepshow … Continue reading
Posted in Atlantic City, Boyd Gaming, Cirque du Soleil, Colony Capital, Current, Donald Trump, Economy, Election, Entertainment, Fontainebleau, Harrah's, MGM Mirage, Planet Hollywood, Politics, Regulation, Taxes, The Strip, Tropicana Entertainment
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Case Bets: B'way in Vegas; Trump bloviates
Opening night for The Lion King is three days away. Which means the New York Times is right on schedule with another hand-wringing piece about whether Broadway-style shows can succeed in Las Vegas. By now it should be obvious that … Continue reading
Posted in Cirque du Soleil, Donald Trump, Entertainment, Planet Hollywood, Steve Wynn, The Strip
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Chump change for Trop
While there has been no shortage of bad decisions in the casino industry of late, the Dunce of the Year winner for 2008 and presumptive favorite for 2009 has got to be Tropicana Atlantic City conservator Gary Stein. This former … Continue reading
Posted in Atlantic City, Colony Capital, Cordish Co., Donald Trump, Economy, Regulation, Tropicana Entertainment
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Updates: Pinnacle, Boyd, Foxwoods, Donald Trump & Criss Angel
Don’t wait by the phone if you’ve got a date with Pinnacle Entertainment. It has just pushed back the timelines on its Baton Rouge and Lake Charles projects by five months. It cited investor reluctance and warned more delays are … Continue reading
Posted in Cirque du Soleil, Current, Donald Trump, Entertainment, Louisiana, Morgans Hotel Group, Penn National, Phil Ruffin, Pinnacle Entertainment, Planet Hollywood, The Strip, Tribal, Wall Street
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