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Category Archives: Fontainebleau
Bad news for Riv; Losing your gaming license? Come to Nevada!
A spiffy makeover and a nostalgia-themed market position aren’t helping the Riviera as customers gravitate back toward higher-priced hotels. A bad neighborhood, while hardly a new phenomenon, isn’t helping. Having Echelon and Fontainebleau as your neighbors is akin to living … Continue reading
Posted in California, Current, Fontainebleau, Genting, Herbst Gaming, history, Marketing, Regulation, Riviera, Technology, Tourism, Tribal, Wall Street
Comments Off on Bad news for Riv; Losing your gaming license? Come to Nevada!
Profit vs. investment on the Strip
Even if you’re making money on a daily basis, sometimes a casino-resort can be a bad investment. Take Cosmopolitan of Las Vegas, which finally posted a profitable quarter. However, at $3.9 billion in construction costs (now at or very near … Continue reading
Posted in CityCenter, Cosmopolitan, Detroit, Dubai, Economy, Entertainment, Fontainebleau, Genting, Harrah's, MGM Mirage
1 Comment
Before the fall …
Eight years later, Steve Wynn is still firmly ensconced at the top. Gary Loveman is hanging on for dear life and George Maloof is a sad-faced figurehead. And $2.7 billion for a casino resort (Wynn Las Vegas) looks like frugality … Continue reading
Posted in Boyd Gaming, CityCenter, Cosmopolitan, Economy, Fontainebleau, George Maloof, history, Steve Wynn, The Strip, Wall Street
4 Comments
North Strip: SLS yes, F-blew no, Riviera maybe
S&G contributor JeffInOKC returns from a too-long absence with some thoughts on one of our favorite topics, the North Strip … It is common for us to hear the term “Too Big to Fail,” but I think the true story … Continue reading
Posted in Architecture, Boyd Gaming, CityCenter, Cosmopolitan, Current, Fontainebleau, Marketing, MGM Mirage, Riviera, Sahara, Sam Nazarian, Steve Wynn, The Strip, Tourism
4 Comments
Resorts World LV: Look familiar?
A reader in Arizona asks the question that was on my mind yesterday and probably yours, too: “Is it just me … or does this look like just a copper/gold-colored version of CityCenter?” Agreed! (With a large helping of Mandalay … Continue reading
Echelon no more: Boyd humiliated yet again; Caesars pulls another plug
If you’ll pardon my vulgarity, shit got real while I was tied up with other projects. Last week’s sale of excess baggage Dania Jai-Alai in Florida was just a tiny prelude to this morning’s blockbuster: Echelon is kaput. Instead, Boyd Gaming … Continue reading
Posted in Architecture, Atlantic City, Boyd Gaming, Carl Icahn, CityCenter, Current, Downtown, Economy, Environment, Florida, Fontainebleau, Genting, Harrah's, history, International, Kansas, Mississippi, New York, Plaza, Politics, Racinos, Regulation, Sahara, Singapore, Station Casinos, The Strip, Wall Street
7 Comments
“Soul” too soulless?; The Sunshine Boys
One weekend down, nine to go. Bear that in mind if you simply must see Faith Hill and Tim McGraw play The Venetian. The clock’s a tickin’. Since my knowledge of the McGraw-Hill oeuvre (separately and together) consists of the … Continue reading
Lou Lang up to old tricks; Dog-and-pony show at Sahara
For months, state Rep. Lou Lang (D-Skokie), has been threatening to push an enormous gambling expansion through the Illinois Legislature during its lame-duck session. He says he’s “getting very close” but we’ve heard that kind of braying from Lang previously. … Continue reading
Black man frightens Steve Wynn, Part Two; MGM: Time to forget Harmon?
As Yahoo‘s Jeff Macke cuttingly puts it, he “found a real, live businessman who creates jobs,” thereby providing a Steve Wynn-to-sanity translation, courtesy of CIO Advisors‘ Hugh Johnson. If Wynn were truly being honest, he’d cut to the quick: He’s … Continue reading
Posted in Architecture, Cantor Gaming, CityCenter, Colony Capital, Columbia Sussex, Cosmopolitan, Cretins, Current, Donald Trump, Economy, Election, Fontainebleau, Goldman Sachs, Hard Rock Hotel, Harrah's, history, International, Louisiana, Macau, Massachusetts, MGM Mirage, Morgans Hotel Group, North Las Vegas, Politics, Sports, Station Casinos, Steve Wynn, Technology, TV, Wall Street
2 Comments
Black man frightens Steve Wynn, Part One
Update: Today, Wynn got into the act in the ongoing Big Bird charade. As Steve Sebelius points out, it’s meaningless posturing, nothing more. Life’s been good to Steve Wynn. How good? Well, if you or I talked like a crazy … Continue reading
Posted in Atlantic City, Cantor Gaming, CityCenter, Colony Capital, Columbia Sussex, Cosmopolitan, Cretins, Current, Donald Trump, Economy, Election, Entertainment, Fontainebleau, Goldman Sachs, Harrah's, Macau, Massachusetts, MGM Mirage, Morgans Hotel Group, North Las Vegas, Pennsylvania, Plaza, Politics, Regulation, Sports, Station Casinos, The Strip, TV
27 Comments
“Eaten” by Las Vegas; Icahn’s hard bargain
Today is being spent at home, buried ‘neath page proofs for Eating Las Vegas 3.0 (with assistance from sibling kitties Leona and Rascal, the latter incredibly well-named). Tonight brings Tournament of Kings — which I’ve never seen — and Evil … Continue reading
Posted in Boyd Gaming, Carl Icahn, Current, Dining, Fontainebleau, George Maloof, MGM Mirage, Pets, Phil Ruffin, Planet Hollywood, The Strip, Wall Street
3 Comments
The wreck of the Sierra Rose; LVH: The smell of death; TWU (sur)renders unto Caesars
It was inevitable that this Lake Tahoe marine disaster would go viral. Besides, as an S&G reader astutely pointed out, the sinking of the Sierra Rose makes a tidy metaphor for Nevada‘s economy: a top-heavy S.S. McMansion now half-underwater due … Continue reading
Beyoncé 1, Revel 0.5; Meet Harrah’s Philadelphia; Riviera realities
So the big, official, grand, this-time-we-really-mean-it opening of Revel Resort & Casino came and went … and all the media has been talking about is Beyoncé and how bootylicious she looks so soon after giving birth. (Seven-plus pages of YouTube … Continue reading
Posted in Atlantic City, Boyd Gaming, Cosmopolitan, Current, Economy, Entertainment, Fontainebleau, Harrah's, Marketing, Neil Bluhm, Pennsylvania, Racinos, Revel, Riviera, Sahara, The Strip, Tourism
5 Comments
Dump that Trump!; Caesars takes big British bath; F-blew claims another victim
What took them so long? That has to be the operative question now that Trump Entertainment Resorts owner Marc Lasry and CEO Robert Griffin have belatedly put Trump Plaza Hotel & Casino on the market, at an undisclosed price. (Probably … Continue reading
Posted in Atlantic City, Current, Donald Trump, Election, Fontainebleau, International, Internet gambling, Planet Hollywood, The Strip, Tribal
Comments Off on Dump that Trump!; Caesars takes big British bath; F-blew claims another victim
SLS Las Vegas: Pretty pictures and propaganda
To celebrate the first anniversary of his cold-blooded, premeditated murder of the Sahara, nightclub owner Sam Nazarian trotted out freshly hired casino boss Rob Oseland, along with some models (no, not of the runway ilk) and even a rendering that … Continue reading
Steve Wynn’s better half
In the unlikely event that Steve Wynn is abducted by aliens and thrown into a Chinese political prison, Wynn Resorts need look no farther than ex-wife Elaine Wynn for continuity of vision. (And, make no mistake, there isn’t a discernible … Continue reading
Posted in Architecture, Election, Encore, Fontainebleau, history, Sheldon Adelson, Steve Wynn, The Strip
3 Comments
People’s Republic of Steve; Sahara Sam’s big score
Although I was only joking when I suggested that Steve Wynn‘s long-sought Cotai Strip land grant would come in on May Day, some Communist Party bureaucrat wasn’t. After many false alarms, the 51 acres were finally ‘gazetted’ on May 1. … Continue reading
Trump Plaza reprieved; Stirrings at Sahara
Good news for Trump Plaza: It’s off the “death watch,” having dramatically reversed its fortunes last year. Although revenues continue to decline, gross operating profit swung from a $2 million loss in 2010 to a nearly $3 million gain last … Continue reading
Choy challenges Vegas
This is the conclusion of a two-part interview with Riviera boss Andy Choy in which he answers questions submitted by S&G readers. Can the Riv survive if nothing is done with the Sahara, Fontainebleau or Echelon sites for another five … Continue reading
Posted in Boyd Gaming, Culinary Union, Downtown, Economy, Entertainment, Fontainebleau, LVCVA, Marketing, Plaza, Riviera, Sahara, Taxes, The Strip, Tourism, TV
3 Comments
