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Category Archives: Downtown
Vegas soccer no sure thing; Scientific Games wins thrice over
A perspicacious gentleman named Steven R. Brown wrote the following on Facebook in response to my reportage of the apparent shelving of Wynn Paradise Park: “Steve Wynn‘s creativity can be outlandish at times (Like his idea back in the early … Continue reading
Posted in Architecture, Arizona, California, Charity, Detroit, Downtown, Environment, Florida, International, MGM Mirage, Missouri, Ohio, Scientific Games, Sports, Steve Wynn, Texas, The Strip, Wynn Resorts
1 Comment
Strip weak, locals strong, Reno supercharged; Stanley Ho’s empire crumbles
January got the Las Vegas Strip off to a less-than auspicious start, with revenues dropping 9% from 2017. Locals casinos, meanwhile, were living it up, as revenue rose 8%, thanks in part to New Year’s Eve weekend slot drop being … Continue reading
Posted in Arkansas, Boulder Strip, Colony Capital, Columbia Sussex, Downtown, Economy, Election, Foxwoods, Galaxy Entertainment, Harrah's, Lake Tahoe, Laughlin, Lucky Dragon, Macau, Melco Resorts & Entertainment, Mesquite, MGM Mirage, Nevada, North Las Vegas, Pennsylvania, Politics, Racinos, Sheldon Adelson, Sociedade de Jogos de Macau, Steve Wynn, The Strip, Wall Street, Wynn Resorts
2 Comments
Wynn: It gets worse; More changes for Palms
Steve Wynn may have left Wynn Resorts but the collateral damage keeps careening about like a ricocheting bullet. Yesterday The Associated Press got a hold of two police reports filed against the mogul. The more explosive of the two alleges that … Continue reading
Posted in Architecture, Dining, Downtown, Eldorado Resorts, Illinois, Marketing, Massachusetts, MGM Mirage, Palms, Regulation, Reno, Sexual misconduct, Station Casinos, Steve Wynn, Steven Witkoff, The Strip, Wall Street, Wynn Resorts
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Caesars takes the lead; Fortune Cup comes to Vegas
In the wake of yet another senseless mass shooting, Caesars Entertainment is making guest security a priority (not to imply that it wasn’t earlier). From now on, Caesars security personnel will be empowered to enter guest rooms once every 24 hours, … Continue reading
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
New investigation of Wynn; Eldorado on the prowl
After several days of uncertainty, it’s definitive: The Nevada Gaming Control Board will investigate the allegations of sex abuse against Steve Wynn. In the past the NGCB has been only too willing to look the other way when prominent Nevada … Continue reading
Posted in Atlantic City, Colorado, Downtown, Eldorado Resorts, Entertainment, Florida, history, Isle of Capri, Louisiana, Macau, Massachusetts, Mississippi, Missouri, Regulation, Reno, Sexual misconduct, Station Casinos, Steve Wynn, Wall Street
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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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Sports betting makes its case
Yesterday saw the much-anticipated oral arguments in the case of Christie v. NCAAA, the legal joust that could lead to the downfall of the Bradley Act and open up the land to legalized sports betting. The arguments made before the … Continue reading
Posted in Atlantic City, Downtown, Florida, Geoff Freeman, Hard Rock International, Racinos, Regulation, Seminole Tribe, Sports
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Strip loses, locals joints win; Aristocrat hooks Big Fish
Given the robustness of October 2017, last month’s Las Vegas Strip revenues ($529 million) were already facing a difficult comparison and the Stephen Paddock shooting spree didn’t help matters. Gambling revenues fell 6% last month along Las Vegas Boulevard. (Statewide, … Continue reading
Day of the Gun
Bellagio needs to get serious about security. As has happened multiple times in the past, an armed robbery was conducted on the premises, this time at the poker cage, at 3:45 p.m. I wouldn’t say casino security stood idly by but … Continue reading
Posted in Downtown, International, Law enforcement, Mandalay Bay Massacre, MGM Mirage, Politics, Regulation, Reno, The Strip
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Wall Street loves Station; New wine in old bottles
Wall Street has identified one beneficiary of the tax bill currently before Congress: Station Casinos. As how it will affect those sought-after Millennials, well, companies like Station may have to re-do their math. (Pillaging discretionary income for people making less … Continue reading
Posted in Downtown, e-sports, Economy, Entertainment, Harrah's, IGT, Marketing, MGM Mirage, Palms, Station Casinos, Taxes, Technology, The Strip, Wall Street
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Bullish Boyd; Inside Station’s crystal ball
Deutsche Bank analyst Carlo Santarelli met with Boyd Gaming‘s brain trust and liked what he heard, but I’ll let him tell it in his own words: “Within Las Vegas, management is encouraged by unrated play, particularly in the Downtown segment, … Continue reading
Posted in Boyd Gaming, Downtown, Economy, Florida, IGT, Internet gambling, Marketing, Palms, Reno, Seminole Tribe, Sports, Station Casinos, Taxes, Technology, Tribal, Wall Street
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Green Valley Ranch unionizes; Downtown shuttle dinged
Properties in the Station Casinos empire continue to topple like dominoes before Unite-Here. Yesterday Green Valley Ranch became the fourth Station-owned or -managed casino to vote for unionization, with a 78% mandate. “Over the course of organizing, I’ve picketed, protested, and … Continue reading
Posted in Atlantic City, Culinary Union, Downtown, Election, Station Casinos, Technology, Transportation, Unite-Here
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Strip waxes, LV locals wane; Caesars sticks it to you
Gaming revenues inched up 3% in Nevada last August, while the Las Vegas Strip was up 5%, to $568 million. JP Morgan analyst Joseph Greff wrote that the latter implied “strong 3Q for MGM table games given WYNN and LVS’ combined 3Q … Continue reading
Posted in Boulder Strip, Downtown, Economy, Entertainment, Genting, Greenwood Racing, Harrah's, International, Internet gambling, Lake Tahoe, Laughlin, Mesquite, MGM Mirage, Nevada, North Las Vegas, Pennsylvania, Regulation, Reno, Sheldon Adelson, Steve Wynn, The Strip, Wall Street
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Wynn: Set the date; High-tech potties at Caesars
It’s official: Wynn Resorts will start tearing up its Las Vegas Strip golf course on Jan. 3, 2018. Not much is known about what will replace it, as the budget hasn’t been set, and plans for the Wynn Paradise Park … Continue reading
Posted in Architecture, Boyd Gaming, Cannery Casino Resorts, Charity, Downtown, Harrah's, Macau, Movies, North Las Vegas, Steve Wynn, Technology, The Strip, Wall Street
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Mandalay Bay mystery a labyrinth
As the clouds of war gather again over our great country, we’re finally gaining some clarity regarding Mandalay Bay shooter Stephen Paddock. He was that seeming oxymoron: a video poker “whale,” one who didn’t blanch at wagering $100 a spin. … Continue reading
Posted in Boyd Gaming, Cannery Casino Resorts, Cosmopolitan, Downtown, Harrah's, Illinois, Law enforcement, Mandalay Bay Massacre, Massachusetts, Mesquite, MGM Mirage, Philippines, Politics, Problem gambling, Regulation, Reno, Texas
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Hot numbers in August; MGM Cotai postponed
Although visitation to Las Vegas was down 2% in August, room revenues and rates were both up 3% (with a hotel room costing you $125/night on average) and occupancy at 91%. JP Morgan analyst Joseph Greff credited the Floyd Mayweather-Conor McPherson … Continue reading
Posted in Atlantic City, Boulder Strip, Colony Capital, Cosmopolitan, Downtown, Economy, Fontainebleau, Foxwoods, Hard Rock Hotel, International, Lake Tahoe, Laughlin, Macau, MGM Mirage, Mohegan Sun, North Las Vegas, Politics, Problem gambling, Regulation, Reno
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Bye, bye, Vegas Club; Murren accepts minority status
One of our favorite sources, VitalVegas author Scott Roeben, is interviewed at length by Nevada Public Radio on what, if anything, the introduction of virtual reality to the Las Vegas Strip means for the big casinos. In part, Roeben says, … Continue reading
Freeman takes on SCOTUS; Golden Gate expands
No big surprise, the American Gaming Association has submitted an amicus brief in Christie v. NCAA et. al. The brief makes some normative arguments that are unlikely to sway the Supreme Court, which will undoubtedly take a narrow view in … Continue reading
Posted in Architecture, Derek Stevens, Downtown, Downtown Grand, Geoff Freeman, history, International, Louisiana, Movies, Sports, Tribal
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Strip disappoints, locals casinos dominate; Indiana ignores tribal casino
Poor table play punished the Las Vegas Strip last month, driving revenues down 8%. Locals casinos, by contrast, were up 13%, possibly helped by some end-of-June coin lingering in the slot hoppers. But, if so, what’s the Strip’s excuse for … Continue reading
Posted in Boulder Strip, Boyd Gaming, Charity, Downtown, Economy, Environment, Harrah's, Indiana, International, Japan, Lake Tahoe, Laughlin, Lawrence Ho, Louisiana, Macau, Majestic Star, Marketing, MGM Mirage, Missouri, Nevada, North Las Vegas, Pansy Ho, Pennsylvania, Regulation, Reno, Sheldon Adelson, Taxes, The Strip, Tribal, West Virginia
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