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Category Archives: Downtown
Gaming’s big election night; Coming attractions
This just in: Fuming over a 5,000-vote-plus margin of defeat, opponents of a casino in western Maine are demanding a recount. Casino developer Black Bear Entertainment calls this “a needlessly divisive exercise.” Do I sense the subtle touch of Penn … Continue reading
Posted in Alex Yemenidjian, Downtown, Economy, Election, Environment, history, Illinois, Iowa, Minnesota, Penn National, Racinos, Sahara
3 Comments
All systems go at Trop … but more trouble on Paradise
As new owner Onex Corp. continues with a full-court press of renovations, the Nevada Gaming Control Board has given the new ownership consortium its thumbs-up. The makeover has continued apace since my visit in June. An inside look at details … Continue reading
Plaza gets an infusion of F-blew
(Editor’s note: Since I found this state-of-the art version of the previous Tex & Edna Boil video, I’ve replaced the old one with another in which Tex & Edna get into the curio-barn business … sort of like Carl Icahn, … Continue reading
Posted in Carl Icahn, Downtown, Fontainebleau, Tamares Group, Tilman Fertitta, TV
6 Comments
Celebrity justice; Harrah’s goes to the dogs
As you all probably know by now, Palms owner George Maloof was busted on a DUI last weekend. Under any other circumstances, it would be endearing to learn that the generally unassuming Maloof doesn’t have himself chauffeured about town. Lack … Continue reading
Days of Reckoning
Pinballing between projects, I’ll try to carom off the “blogging” bumper for a moment here … 1,075. That’s the magic number of feet below which Lake Mead cannot drop lest Hoover Dam should become inoperable — plunging Clark County into … Continue reading
Posted in Boyd Gaming, Current, Downtown, Economy, Environment, Harrah's, history, MGM Mirage, The Strip, Tilman Fertitta, Tourism
5 Comments
Live, naked girls
Every few days brings a story pitch from some long-suffering PR professional. Today’s mail finds this plea on behalf of IAM Corp.: Since the beginning of online gaming, every other market has flocked to Live Dealer Casinos, but the US … Continue reading
Fertitta to rescue A.C. Hilton?
Tilman Fertitta, that is. The Landry’s Restaurants CEO has sussed out a bargain on the Boardwalk, in the form of the unprofitable Atlantic City Hilton. No doubt Fertitta’s interest has not a little something to do with the fact that … Continue reading
Plaza postscript; exit Liberace; Teller spooks!
One of my conjectures in regard to yesterday’s disclosure that the Plaza Hotel was tentatively scheduled to be sold at foreclosure auction on Oct. 1 was that a postponement of the auction from Sept. 1 betokened an in-progress renegotiation of … Continue reading
Posted in Alex Yemenidjian, Current, Downtown, Entertainment, Harrah's, history, Regulation, The Strip
3 Comments
The Plaza’s $56 million question
Back in 2005, Mayor Oscar Goodman told a reporter — that’d be me — with “a local business publication,” formerly known as the Las Vegas Business Press — that he hoped to see the Plaza Hotel imploded to make room … Continue reading
Posted in Current, Downtown, Entertainment, Oscar Goodman, Tamares Group
4 Comments
Running silent
At the moment, I’m following up on some leads that might (I stress “might“) coalesce into a bigger story. I’ve also been trying to clear my desk of a flurry of Questions of the Day and sundry other essays. Topics … Continue reading
Posted in Downtown, Entertainment, history, The Mob, The Strip, Tourism, TV
4 Comments
Tamares’ Memorial Day Massacre
Four hundred Las Vegans will find themselves pink-slipped by Tamares Group, whose latest bequest to downtown will be an Armistice Day closure of most of the Plaza, its showroom and certain portions of the casino floor excepted. If the tenure … Continue reading
Posted in Alex Yemenidjian, Current, Dining, Downtown, Economy, Tamares Group, Tilman Fertitta
5 Comments
Singapore keeps on booming; Kudos to WMS, Golden Gaming
While it’s still a stretch that Sheldon Adelson is going to bank an annual $1 billion profit on Marina Bay Sands, as he predicts, he’s making money hand over fist there anyway. J.P. Morgan analysts say Marina Bay is on … Continue reading
Posted in Boyd Gaming, Current, Downtown, Economy, Golden Gaming, Marketing, Morgans Hotel Group, Sheldon Adelson, Singapore, Station Casinos, Steve Wynn, Technology, Wall Street, WMS Industries
Comments Off on Singapore keeps on booming; Kudos to WMS, Golden Gaming
Western Passage & the new Rat (Rod) Pack
Let’s try this again … Today’s guest blog hails from the keyboard of reader Jeff_in_OKC who recently paid not one, not two but three (brave man!) visits to the Western Hotel, on the fringe of downtown Las Vegas. The Western … Continue reading
Objects in the photo may be emptier than they appear
Booking site Oyster.com is having a bit of fun with the gap between perception and reality at some Las Vegas hotels. Take for instance, that photo which shows you the Mandalay Bay wave pool as though you would have it … Continue reading
Posted in CityCenter, Colorado, Current, Downtown, Economy, Election, Macau, Marketing, MGM Mirage, Riviera, Sheldon Adelson, The Strip, Tourism
1 Comment
Who needs M most?; Station’s glass jaw
In a shocker of a scoop, The Newspaper That Must Not Be Cited revealed yesterday that a $700 million stake in $1 billion M Resort was being shopped around by the resort’s lead banker. While this probably says more about … Continue reading
Posted in Atlantic City, Boulder Strip, Boyd Gaming, California, Carl Icahn, Colony Capital, Cosmopolitan, Current, Downtown, Economy, Kansas, M Resort, Maryland, MGM Mirage, Michael Gaughan, North Las Vegas, Ohio, Penn National, Pinnacle Entertainment, Riviera, Station Casinos, The Strip, Tourism, Tropicana Entertainment, Wall Street
8 Comments
Vegas: Frugality is the new liquidity
I’m sure I speak for some of colleagues in the biz when I say that, on certain subjects, we feel like we’re writing the same story over and over again. (Which is provides yet another reason for our collective fascination … Continue reading
Posted in Boulder Strip, Boyd Gaming, CityCenter, Cosmopolitan, Current, Downtown, Economy, Mesquite, MGM Mirage, Station Casinos, Steve Wynn, The Strip, Tourism, Tribal
12 Comments
Quote of the Day
“Since I am the king of the pie in the sky ideas. I have another brilliant one for you. Set up an interview with Anthony Santo, the new face of the Tamares [Group] upgrades, and you and I can record it … Continue reading
Posted in Downtown, Tamares Group
3 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
The Tamares shuffle
Musical chairs continue at Tamares Group‘s downtown Las Vegas collection of crumbling casinos. Bobby Ray Harris is out as casino manager and Anthony F. Santo is in. Otherwise, it was the same old song and dance. $20 million worth of … Continue reading
Bad quarters for MGM, Boyd
Undershooting Wall Street‘s expectations for 2Q10, MGM Resorts International missed analyst projections and also took a big-ass writedown on CityCenter (above) consigning $1.2 billion to the dustbin. Hotel occupancy was up from 85% to 93% overall (although RevPAR slipped a … Continue reading