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Category Archives: Election
Florida: How much is too much?; Sheldon Adelson, ventriloquist
Those $2 billion megaresorts mooted for Florida will have a much easier time making their nut if state Rep. Erik Fresen (R, left) holds sway. In an attempt to woo recalcitrant conservatives, Fresen is proposing various restraints on gambling’s growth … Continue reading
Posted in Economy, Election, Florida, Fontainebleau, Genting, International, Internet gambling, Isle of Capri, Macau, Politics, Racinos, Sheldon Adelson, Tourism
1 Comment
Aquedud?; Trump, chump
I apologize for feeding you some incorrect info earlier when I erroneously stated that the Philadelphia market lost business (apparently to Atlantic City) last month. Nope, Santa Claus was good to every casino in the Keystone State, although he could … Continue reading
Posted in Atlantic City, Charity, Current, Donald Trump, Economy, Election, Genting, Harrah's, Jack Binion, Neil Bluhm, New York, Pennsylvania, Sheldon Adelson, Sports, Tribal, TV, Wall Street
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Meet Virginia McDowell, Part II: Tales of Trump
In terms of turning around Isle’s financial performance, do you feel the full 180 degrees have been achieved yet? We’ve had a couple off different priorities over the last few years, as far as our strategic initiatives. One was to … Continue reading
Posted in Atlantic City, Boyd Gaming, Donald Trump, Economy, Election, Harrah's, history, Iowa, Isle of Capri, Kentucky, Marketing, Missouri, Tourism, Wall Street
3 Comments
Quote of the Day
“I know there’s a perception in life that people who become financially successful do so by climbing up the broken backs of people whose backs they break, but I never climbed up on anybody’s broken back.” — Sheldon Adelson‘s apologia … Continue reading
Posted in Election, Sheldon Adelson, TV
1 Comment
Sheldon Adelson, wuss; MGM pounces; Slipper-y logic; Enter whining
What manner of fool spends $5 million to disseminate a film that he’s never seen and whose content he claims not to endorse? Sheldon Adelson, that’s who. After his latest political favorite got clobbered in the New Hampshire primary, Adelson … Continue reading
Posted in Alex Yemenidjian, Ameristar, Cordish Co., Dan Lee, Donald Trump, Economy, Election, Harrah's, Iowa, Isle of Capri, Jack Binion, Louisiana, Massachusetts, Mississippi, Movies, Neil Bluhm, Penn National, Pennsylvania, Pinnacle Entertainment, Politics, Racinos, Regulation, Sheldon Adelson, Station Casinos, Tourism, Transportation, Tribal, Tropicana Entertainment, TV
Comments Off on Sheldon Adelson, wuss; MGM pounces; Slipper-y logic; Enter whining
Belated Christmas presents
Good news is busting out all over, starting in the unlikeliest place … Atlantic City. Ye Olde Boardwalk was up 4% last month, its first revenue-positive month in 15 quarters. Even a 10% fall in table drop couldn’t put a … Continue reading
Adelson: Whining our future; The online deluge
Apparently there’s no avoiding what has become the story of the day: Sheldon Adelson‘s $5 million dowry to presidential aspirant Newt Gingrich. It’s a gift that comes with a substantial pre-nup; if Gingrich falters in South Carolina, American Crossroads and … Continue reading
Posted in Alex Yemenidjian, Atlantic City, Boyd Gaming, Colony Capital, Current, Economy, Election, Florida, George Maloof, Harrah's, Harry Reid, Hooters, International, Internet gambling, Marketing, Massachusetts, MGM Mirage, Pennsylvania, Politics, Regulation, Sheldon Adelson, South Carolina, The Strip, Wall Street
4 Comments
Iowa’s biggest loser …
… is Texas. With the presidential aspirations of Gov. Rick Perry (R) tottering on their penultimate leg, that’s very bad news for Lone Star State lawmakers who’d like to pass casinos — or at least racinos — into law. It’s … Continue reading
Posted in California, Current, Economy, Election, Entertainment, Louisiana, MGM Mirage, Oklahoma, Penn National, Racinos, Sahara, Sports, Texas, The Strip, TV
2 Comments
Quote of the Day
“Dismissing the burgeoning number of Americans on the right who are suspicious of interventionism and hawkishness is intellectually suspect and unwise. A majority of Republicans now think that the Iraq War was a mistake. The general non-interventionist impulse on the … Continue reading
Posted in Current, Election, history, International
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Casinos in Kentucky … soon?; Tenants to Sands: Let my people go!
Per S&G‘s prediction, Kentucky Gov. Steve Beshear (D) wasted little time after winning reelection before resuming his push for casino legalization. You’d never think that he beat opponent state Senate President David Williams (R) like a drum at the ballot … Continue reading
Posted in Current, Dining, Economy, Election, Entertainment, Kentucky, Pennsylvania, Racinos, Sheldon Adelson, Station Casinos, Taxes, The Strip
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Hooters: What next?; PE fools and their money; Deal or no-Deal in Georgia?
It’s all over for the current administration at Hooters Casino Hotel. They’ve given up trying to fight efforts by Canyon Capital Realty Advisors to have the money-losing property sold via foreclosure auction. If Canpartners wins at auction, it may go … Continue reading
Posted in Colorado, Current, Economy, Election, Florida, Georgia, Golden Gaming, Herbst Gaming, Hooters, Horseracing, Slot routes, Taxes, The Strip, Wall Street
3 Comments
Sanguine Sands; Genting vs. Islamofascism; Arkansas vs. Missouri
Las Vegas Sands dispatched its international overseer, Rob Goldstein (right) and sidekick Dan Briggs to New York as envoys to Wall Street. As reported by J.P. Morgan‘s Joseph Greff, Sands’ outlook is sanguine, particularly with regard to the Singapore and … Continue reading
Quote of the Day
“It was a largely sober, largely tedious evening. This group has clearly seen too much of each other at this point and is now moving into the post-1977 M*A*S*H period.” — Esquire‘s Charles P. Pierce, on what he describes as … Continue reading
Election update: Evening the score; A Wynn-Winn situation
It’s five o’clock in Shreveport … or soon will be. Voters in Bossier Parish handed the casino industry a belated 2011 “win,” balancing the ledger in an otherwise disappointing electoral cycle. A Margaritaville-branded casino (employing a Lake Charles boat purchased … Continue reading
Quote of the Day
“Ah, the Democrat machine. I believe I’ve seen one of those. I don’t know if you know anything about it. From what I understand, it costs billions of dollars, runs on solar energy and turns hope into disappointment.” — Jon … Continue reading
Rock, Paper, City; Generosity at Caesars, shopping at Sands
While Massachusetts lawmakers sharpen their scissors in order to cut and paste two versions of the Lege’s casino-enabling bill, the city of Holyoke is happy to find itself between Hard Rock International and Paper City Development. The partnership has its … Continue reading
Posted in Atlantic City, Current, Detroit, Economy, Election, Harrah's, Maine, Massachusetts, MGM Mirage, Penn National, Pennsylvania, Racinos, Sheldon Adelson, Sports, The Strip, Tribal
1 Comment
Domino effects
“Prior to the official opening, a 60-minute opening ceremony was held outside of the main entrance to the casino, where local and state politicians patted each other on the back for finally getting the casino opened, a mere 10 years … Continue reading
Is MGM Grand Detroit too successful for its own good?
From a labor-relations standpoint, yes. Although workers at Greektown Casino were quick to ratify a new collective-bargaining agreement, closely followed by MotorCity Casino, it was a different story across town. Employees of MGM Grand Detroit decided their union reps were … Continue reading
Posted in Atlantic City, Current, Detroit, Economy, Election, MGM Mirage, New York, Penn National, Racinos, Sheldon Adelson, Sports, Tourism, Wall Street
1 Comment
Quote of the Day
“This is what it has come to for the man who created a Nevada wave in 2008, winning the state by 12 percentage points, pulling Democrats up and down the ticket to victory … [President Barack] Obama previously had been … Continue reading