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Category Archives: G2E
Quote of the Day
“You can’t fight the tape.” — MGM Resorts International CEO James Murren, on the futility of reasoning with the stock market, at Global Gaming Expo last week.
Posted in G2E, MGM Mirage, Wall Street
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The King of Palm Beach
Florida‘s seven struggling, casino-enabled parimutuels could become eight, with the entry of a new player … While the courts have now made it possible for Don King to make an end-run around Palm Beach County voters, if necessary, by taking … Continue reading
Posted in Current, Economy, Florida, G2E, Harrah's, Isle of Capri, Politics, Racinos, Sheldon Adelson, Steve Wynn, The Strip, Tribal
2 Comments
G2E’s main man speaks
No Global Gaming Expo would be complete without the American Gaming Association‘s prexy making a pilgrimage to Jon Ralston‘s TV studio. So, whilst Yr. Humble Blogger digests a whole mess o’ analyst reports, enjoy the soothing sounds of Frank J. … Continue reading
Welcome to G2E
Gaming’s biggest show starts today, so S&G would like to welcome conventioneers with this public service announcement from ABBA and vidder frapistat.
Shakedown at G2E; Riviera quits Colorado, Trump quits humanity
Our beloved casino industry runneth over with individuals, companies and even sovereign nations that have a vested interest in the legalization of Internet poker … and more. Rep. Joe Barton (R-TX, left) knows this, which is why he’s coming to … Continue reading
Posted in Atlantic City, Colorado, Current, Dennis Gomes, Donald Trump, Economy, Election, G2E, Internet gambling, Marketing, Politics, Regulation, Reno, Riviera, Sheldon Adelson, Steve Wynn, The Strip
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The Great Riverboat Robbery revisited; Wynncore Manila?
Under fire for the low property valuations it placed on Pinnacle Entertainment‘s River City and Caesars Entertainment‘s Harrah’s Maryland Heights, the St. Louis County Board of Equalization backpedaled … sorta. They accepted County Assessor Jake Zimmerman‘s increased valuation for soon-to-expand … Continue reading
Posted in Ameristar, Current, Detroit, Downtown, Economy, G2E, Harrah's, International, Marketing, Missouri, Pinnacle Entertainment, Steve Wynn, Tamares Group, Taxes, Wall Street
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G2E 2011: No big deal?
I’ve been debating whether or not to give Global Gaming Expo a pass this year and this morning’s dispatch from Deutsche Bank‘s Carlo Santarelli didn’t exactly quicken my pulse. His prediction? A “quiet” G2E, due to slow growth in the … Continue reading
Posted in CityCenter, Current, Economy, G2E, International, Internet gambling, James Packer, Lawrence Ho, Macau, Marketing, Melco Crown Entertainment, MGM Mirage, Regulation, Sheldon Adelson, Stanley Ho, Steve Wynn, Tourism, Wall Street
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A Stern glance
Posthumous congratulations to Martin Stern Jr. (1917-2001), father of the vertically integrated casino resort. He will be the recipient of the annual Jay Sarno Award at this year’s Global Gaming Expo. The choice of Stern has been such a closely … Continue reading
Posted in Architecture, Colony Capital, Cosmopolitan, Current, G2E, Harrah's, MGM Mirage, Sahara
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The lost weekend; Machine Gun Bloom
When casino revenues weren’t as bad as expected, earlier this summer, one Atlantic City property executive called it a light at the end of the tunnel. Elsewhere, S&G reader American Gaming Guru pithily remarked that the light was an oncoming … Continue reading
J. Terrence Lanni, 1943-2011
Just minutes ago, Las Vegas Sun reporter Rick Velotta posted the news that we’d been dreading for several years now. Former MGM Mirage CEO J. Terrence Lanni has died, presumably for the cancer from which he was revealed to be … Continue reading
Posted in Charity, Current, Detroit, G2E, Harrah's, history, Macau, MGM Mirage, Steve Wynn, The Strip
5 Comments
Gary Loveman … visionary?
At the risk of pumping additional hydrogen into his already zeppelin-sized ego, allow me to suggest that Caesars Entertainment CEO Gary Loveman, PhD. is actually onto something. But first would somebody clue him in that there has been casino gambling … Continue reading
Stanley Ho abdicates
So this is how Stanley Ho‘s world ends: Not with a bang but with the ancient casino vizier giving a televised address in which he laboriously delivered lines from a cue card and ceded control of his Sociedade de Turismo … Continue reading
‘Twere the Case Bets before Christmas
In the casino industry, everything was stirring, including the mice. Cordish’s revenge. It’s a dish best served by opening Cordish Gaming‘s controversial Arundel Mills gambling hall late next year with a temporary, one-year casino. That means karma comes early for … Continue reading
Posted in Alex Yemenidjian, Animals, Cordish Co., Current, Downtown, Economy, Entertainment, G2E, Harrah's, Internet gambling, Macau, Maryland, MGM Mirage, Minnesota, Ohio, Penn National, Pennsylvania, Politics, Racinos, Singapore, The Mob, The Strip, Tilman Fertitta, Tourism, Tribal, Wall Street
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Cosmo: Let the debate commence!
Leading lights of the blog world were on hand for last night’s Cosmopolitan of Las Vegas coming-out party and had pretty divergent reactions. Steve Friess is keeping his opinion of the property to himself but he’s among those who are … Continue reading
Posted in Architecture, CityCenter, Cosmopolitan, Current, G2E, Marketing, MGM Mirage, Steve Wynn
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Sheldon Adelson is so busted
Congratulations, Sheldon Adelson! You’ve just upped your street cred — and become the butt of 1,001 pimp jokes. Is the Las Vegas Sands CEO going to start hangin’ with Snoop Dogg and 50 Cent (or maybe Eliot Spitzer and Hugh … Continue reading
Cosmo: The curious case of “the curious class”
It seems like David G. Schwartz is everywhere today. Las Vegas’ resident casino expert has not one but two stories out on The Cosmopolitan. From what he writes, Cosmo execs have convinced themselves they’ve reinvented the casino. It hinges upon … Continue reading
Harrah’s: Furtive Friday
Two days after sending CEO Gary Loveman out to change the conversation by hollering at the assembled masses in an inchoate G2E address, Harrah’s Entertainment quietly scuttled that much-talked-about IPO, evidently for fear it would be under-subscribed. Since the stated … Continue reading
Posted in Current, G2E, Harrah's, Ohio, Pennsylvania, The Strip, Wall Street
4 Comments
G2E 1, S&G 0
Despite less glad-handing and more hand-washing than any previous Global Gaming Expo, Yr. Humble Blogger is down for the count until further notice, victim of “flu-like” symptoms that surfaced at the end of the show. I’ll be “offline” another day … Continue reading
‘Net betting: Wait til 2013 … or 2015 … or 2017 … or …
That was the consensus of a G2E panel that featured former California legislator Lloyd Levine, CNIGA Director of Government Affairs Jerome Encinas and Harrah’s Entertainment‘s top lobbyist, Jan Jones. With HR 2267 still several steps shy of passage and its … Continue reading
Posted in California, Current, Election, Florida, G2E, Harrah's, Harry Reid, International, Internet gambling, MGM Mirage, Politics, Sheldon Adelson, Taxes, The Strip, Tribal
3 Comments
Preparation G … 2E, that is
Starting last Friday, I’ve been in Preparation Mode for the forced march that is Global Gaming Expo, otherwise known as Try To Absorb The Entire Casino Industry in Four Days Or Less. (It’ll give the chance to walk off a … Continue reading
