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Category Archives: Entertainment
Happy birthday, Beethoven
Today is the 250th birthday of Ludwig van Beethoven (1770-1827), perhaps the single most influential composer in musical history. He’s certainly got staying power. Thanks to health concerns, you probably can’t go to a celebratory concert, so we’re bringing you … Continue reading
Posted in Entertainment, history
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It’s lonely in Massachusetts; A dose of realism
Massachusetts gamblers are night owls. When Gov. Charlie Baker (R) ordered casinos to close at 9:30 p.m. it took a big bite out of November revenues, particularly Encore Boston Harbor, which makes half its revenue after dark. At least you … Continue reading
Las Vegas: First, the bad news …
It’s no wonder October was a bad month for the Las Vegas Strip and Downtown. Visitation to Sin City fell 49.5% and room revenue tumbled 61%. Caesars Entertainment CEO Tom Reeg could, for the sake of argument, be right that … Continue reading
Posted in Boyd Gaming, Caesars Entertainment, California, Cirque du Soleil, Conventions, Derek Stevens, Donald Trump, Downtown, Economy, Entertainment, Internet gambling, Jim Murren, Las Vegas Raiders, Las Vegas Sands, Movies, Real Estate, Sports, Sports betting, Station Casinos, The Strip, Tourism, Transportation
1 Comment
A tale of two Nevadas
October was a tale of two Nevadas, one of which (the north) did quite well whilst the other did not. Gaming revenue statewide was down 19.5%, with the Las Vegas Strip acting as a drag anchor, minus 30% at $375 … Continue reading
Posted in Atlantic City, Australia, Boulder Strip, Caesars Entertainment, Crown Resorts, Downtown, Economy, Elaine Wynn, Entertainment, Golden Gaming, Health, Lake Tahoe, Las Vegas Raiders, Laughlin, Mesquite, Nevada, North Las Vegas, Palms, Real Estate, Reno, Resorts World LV, Sports, Sports betting, Station Casinos, Technology, The Strip, Wendover, Westgate LV, Wynn Resorts
4 Comments
Biden, vaccine give tourism hope; Cirque du Soleil in crisis
With as many as three Covid-19 vaccines on the way (Pfizer‘s seems to be the favorite horse in the race) and a new presidency two months away, things are looking up, according to people in the tourism industry. “I honestly … Continue reading
New rules, green shoots on the Strip; Mixed messages in Michigan
Casinos in Nevada will take a gut punch tomorrow when new state restrictions go into effect. They’ll have to reduce players on the floor to 25% of capacity, and the same holds true for bars and restaurants. Citing “wildfire” levels … Continue reading
Posted in Boyd Gaming, Caesars Entertainment, California, Colorado, Cordish Co., Detroit, DraftKings, Entertainment, FanDuel, Golden Nugget, Health, Illinois, Internet gambling, Las Vegas Sands, Macau, MGM Resorts International, Michigan, Nevada, New Mexico, New York, Oregon, Pennsylvania, Sports betting, The Strip, Tribal, Wynn Resorts
1 Comment
Cirque sacrifies “Zumanity”; Gaming recovery vs. Covid
Covid-19 has claimed its first Cirque du Soleil casualty. Zumanity has gone permanently dark at New York-New York. We’ll miss the sexually charged show, which logged 7,700 performances in 17 (!) years. “We’re grateful to the cast, crew and team … Continue reading
The trajectory of recovery
… and BetMGM doubles down on the sweet science. Happy Veterans Day tomorrow.
Posted in Economy, Entertainment, MGM Resorts International, Mississippi, Sports, Sports betting, The Strip
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At long last, Circa; Las Vegas Strip, empty city
Yesterday was Circa Day, the opening of the most-anticipated Las Vegas casino in a long time (yes, even before Aria). Much of that buzz was due to owner Derek Stevens‘ canny mastery of PR but a spiffy new Downtown casino … Continue reading
Posted in Architecture, Boyd Gaming, Derek Stevens, Donald Trump, Downtown, Downtown Grand, DraftKings, Economy, Entertainment, FanDuel, Golden Nugget, Health, Illinois, Las Vegas Sands, Law enforcement, MGM Resorts International, Penn National, Pennsylvania, Sports betting, Terry Caudill, The Strip, Tourism, Vdara Death Ray, Wall Street
1 Comment
Carrot Top returns …
… and there’s some good news, too. Other, better shows are reopening on the Las Vegas Strip, including David Copperfield and Jabbawockeez. (MJ Live resumes at The Strat on Nov. 4, a day we’ll need something to take our mind … Continue reading
Trop in trouble; Sands has a plan; Super Bowl to Vegas?
We know that the Tropicana Las Vegas is being positioned for a sale (potentially to Twin River Holdings) but does that alone explain the pink-slipping of 828 employees, a drastic move? Placed in the context of other cutbacks, like the … Continue reading
Optimism for MGM, Churchill Downs; Cheap rooms = riff-raff
Although they remain relatively pessimistic on Macao, analysts at JP Morgan like MGM Resorts International sufficiently to raise their price target on its stock to $24/share. The primary reason was “better than expected trends” at MGM’s regional U.S. casinos, followed … Continue reading
Now for something completely different …
I lucked into this clip from MGM’s It Happened in Brooklyn and it’s too good not to share. Duetting with Kathryn Grayson, Ol’ Blue Eyes isn’t completely idiomatic in his Italian diction (surprisingly) but his classical musicianship is absolutely spot-on. … Continue reading
Posted in Entertainment, history, Movies
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Caesars pleads poverty; FBI descends on Vegas
News sources are reporting “mass layoffs” at Caesars Southern Indiana, one of the company’s more successful properties. As many as 200 staff have been given their walking papers, not just in the poker room but vital departments like servers, bartenders, … Continue reading
Posted in Caesars Entertainment, Canada, Cosmopolitan, Derek Stevens, Donald Trump, DraftKings, Economy, Entertainment, Health, Indiana, Las Vegas Sands, Law enforcement, Marketing, MGM Resorts International, Missouri, Nevada, Penn National, Planet Hollywood, Resorts World LV, Security, Sports betting, Stanley Ho, Tourism, Transportation, Wall Street, Wynn Resorts
6 Comments
Case Bets
Congratulations to Plainridge Park. The Penn National Gaming racino celebrated five years in business and the renewal of its Massachusetts gaming license. The decision was unanimous. (And why not?) While Plainridge Park has seen its revenues cut into by Encore … Continue reading
Caesars here, Caesars there, Caesars everywhere
Caesars Entertainment got a vote of confidence from JP Morgan analyst Daniel Politzer today, largely on the strength of its regional portfolio, as well as its potency in the sports-betting sphere. Regional trends were described as “better than expected,” and … Continue reading
Sahara vs. Roeben, Round Two; Colorado sportsbooks boom
Vital Vegas author Scott Roeben made big news over the weekend with a countersuit against the Sahara for attempting to stifle freedom of the press. If you have a few days to spare, you can read the 111-page filing in … Continue reading
Posted in Alex Meruelo, Archon Corp., Caesars Entertainment, CityCenter, Colorado, Conventions, Culinary Union, Downtown, Downtown Grand, Entertainment, Hooters, Law enforcement, Sahara, Sports, Sports betting, Station Casinos, Tamares Group, Technology, Terry Caudill, The Strip, Wynn Resorts
4 Comments
Has Las Vegas jumped the shark?
Global Gaming Business, hardly a canary in a coalmine, must think the Covid-19 pandemic is pretty horrendous for it to blast a special report today that Las Vegas Strip casinos are “barely surviving” at the moment. No conventions, scant air … Continue reading
Posted in Atlantic City, Conventions, Dining, Economy, Entertainment, G2E, Health, history, Reno, The Strip
3 Comments
Usher to play the Strip and other doings at Caesars
What does Tom Reeg know that the rest of us don’t? In the first big contract signing since the Covid-19 pandemic (still playing an extended engagement in Las Vegas) hit, Caesars Entertainment has inked a deal with Usher to play … Continue reading
Mega-Jottings for a Monday
Churchill Downs got its second-worst-case scenario for the Kentucky Derby: The September 5 race will have to be held without spectators, a major economic blow to the Louisville area. At least the race will be run and undoubtedly garner much … Continue reading
Posted in Arizona, Atlantic City, Churchill Downs, Derek Stevens, Downtown, Economy, Entertainment, Environment, GLPI, Health, Horseracing, Internet gambling, Kentucky, Louisiana, Macau, MGM Resorts International, New Mexico, Penn National, Reno, Sigma Derby, Sports betting, The Strip, Tribal, Virgin Hotels
1 Comment