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Category Archives: Genting
Adelson fleeing Pennsylvania
Back when Las Vegas Sands was waffling over the completion of Sands Bethlehem and rattling its tin cup for joint-venture partners, I suspected that Sheldon Adelson had lost his stomach for the project and would probably sell it. Sands has … Continue reading
Posted in Ameristar, Current, Genting, New York, Ohio, Penn National, Pennsylvania, Pinnacle Entertainment, Politics, Racinos, Sheldon Adelson, Steve Wynn, The Strip, Tribal
3 Comments
Revel: Slow learning curve ahead; Sheldon spanked in Singapore
By the time Revel CEO Kevin DeSanctis realizes he’s made a mistake, he’s almost always past the point of no return. Although it is my deeply rooted opinion that smoking is a noxious, disgusting habit that invades other people’s space, … Continue reading
Posted in Atlantic City, Cordish Co., Current, Economy, Environment, Genting, International, Maine, Marketing, Maryland, Penn National, Problem gambling, Racinos, Regulation, Revel, Sheldon Adelson, Singapore, Wall Street
Comments Off on Revel: Slow learning curve ahead; Sheldon spanked in Singapore
Missouri: Penn vs. Penn; Pinnacle debacle deepens
This just in: It’s another winning strategy from those gaming-industry masterminds at Colony Capital. God forbid you’re playing at the Atlantic Club and work up an appetite. Or did Tom Barrack hear about “Stiff of the Year” and wants to … Continue reading
Posted in Ameristar, Atlantic City, Colony Capital, Colorado, Dining, Economy, Election, Genting, Harrah's, Illinois, International, Isle of Capri, Kansas, Marketing, Maryland, Missouri, Movies, Penn National, Pinnacle Entertainment, Regulation, Sheldon Adelson, Singapore, The Strip, Tourism, Wall Street
2 Comments
Hurricane Sandy: “It’s going to take years to recover”; ‘Unsafe sex’ at Sands
A natural disaster on the East Coast is fast becoming an industry-wide problem, its effects felt as far afield as Iowa, I kid you not. In light of the total havoc Hurricane Sandy has wrought upon travel, particularly by air, … Continue reading
He shoots, he scores!; Zynga zinged; Hill puts leg before wicket
Monday’s interview with Interblock global sales supremo Tom O’Brien (right) yielded some passing observations that are probably too peripheral for my upcoming Casino Life piece … but perfect for S&G. Interblock maintains field offices in Las Vegas (soon to become … Continue reading
Posted in Australia, Boyd Gaming, Current, Election, Genting, IGT, International, Internet gambling, James Packer, Macau, Regulation, Singapore, Technology, TV
Comments Off on He shoots, he scores!; Zynga zinged; Hill puts leg before wicket
Gomes alone; Mohegan Sun pink-slip-slidin’ away
Former Resorts Atlantic City underboss Aaron Gomes might want to change his travel plans. Scarcely had he announced his departure from his late father’s casino than his new gig, Sydney‘s troubled Star Casino, looks very doubtful. Gomes had planned to … Continue reading
Posted in Atlantic City, Australia, Boyd Gaming, Carl Icahn, Columbia Sussex, Current, Dennis Gomes, Economy, Genting, Marketing, Massachusetts, New York, Racinos, Regulation, Tourism, Tribal, Tropicana Entertainment
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Sheldon Adelson, quitter; A Grand goof
This just in: It was pretty clear that Sheldon Adelson was cool toward his home state of Massachusetts and he officially called it quits today. His excuse? Three casinos and a slot parlor will “dilute the market.” In other words, … Continue reading
Posted in Architecture, Current, Florida, Genting, Harrah's, Macau, Massachusetts, MGM Mirage, New York, Problem gambling, Regulation, Sheldon Adelson, Stanley Ho, The Strip
5 Comments
New York State of mind; Atlantic City peace of mind; O’Shea’s, a piece of …
If the question of casino expansion were put to Empire State voters this November, the outcome would probably be adverse. That’s the conclusion of a Benenson Group survey. If the fact that Benenson is President Barack Obama‘s pollster of preference … Continue reading
Posted in Election, Entertainment, Genting, Harrah's, Internet gambling, MGM Mirage, Midnight Jim Gibbons, New York, Politics, Racinos, Regulation, Sheldon Adelson, Taxes, Technology, The Strip, Tourism
Comments Off on New York State of mind; Atlantic City peace of mind; O’Shea’s, a piece of …
MGM: Riding the crazy train; Rendering unto Caesars
If somebody loaned you a few hundred million, unsecured, you want to come to Las Vegas and lay some big wagers, right? MGM Resorts International has been there, done that. So it’s looking elsewhere to place its bets. And why … Continue reading
Posted in Ameristar, Atlantic City, CityCenter, Donald Trump, Economy, Florida, Genting, Harrah's, International, M Resort, Massachusetts, MGM Mirage, New York, Penn National, Singapore, Taxes, The Strip, Tourism, Tribal, TV, Wall Street
3 Comments
The continuing adventures of Sheldon Adelson, Harry Reid and the GSA
First, the good news. Business is off and running at brand-new Sands Cotai Central, whose Himalaya casino (372 tables, 600 slots) opened last Wednesday. In total square footage, it overtakes Venetian Macao for status as the world’s largest casino (30% … Continue reading
Posted in Atlantic City, Boyd Gaming, California, Current, Economy, Election, Florida, Genting, Harrah's, Harry Reid, history, International, Macau, Massachusetts, New York, Penn National, Pennsylvania, Sheldon Adelson, Sports, Stanley Ho, Technology, The Strip, Tourism, Transportation, TV, Wall Street
5 Comments
Revel gets a rave review
Deutsche Bank‘s Carlo Santarelli took a jaunt down to Atlantic City to check out Revel, the biggest noise on the Boardwalk in almost a decade. He thought … well, let him tell it: “From the check in reception area, complete … Continue reading
Singapore: Many called, two chosen; Tunica catches a break
VIP junket operators are coming to Singapore, J.P. Morgan stock analysts reported. Actually, they’re already there in the form of “shadow junkets,” according to Singaporean media. And if Las Vegas Sands or Genting Berhad are knowingly dealing with illegal junketeers, … Continue reading
Atlantic City: Low prices and high dudgeon
That shriek of dismay you hear from the direction of Atlantic City is the screech of hotelier Curtis Bashaw (left). What is the cause of his umbrage? The discovery that a hotel room in A.C. can be had for as … Continue reading
Wynn vs. Okada: Payback Time
Looks like Kazuo Okada brought a knife to a gunfight with Steve Wynn. The latter has spent the last year having former FBI boss Louis Freeh and sundry investigators check up on Okada — and what a lot of dirt … Continue reading
Posted in Current, Election, Florida, Genting, International, Macau, Massachusetts, MGM Mirage, Politics, Regulation, Sheldon Adelson, Steve Wynn, The Strip, Wall Street
4 Comments
Sands’ new strategy: Blame Genting; Big Gaming backs Romney
First, the good news. Las Vegas Sands is signaling that it is not going to take its ball and come home from Florida, regardless of what lobbyist Nick Iarossi said last week. However, Sands’ emissary to the Sunshine State, Andy … Continue reading
Posted in Atlantic City, Carl Icahn, Colony Capital, Current, Donald Trump, Downtown, Economy, Election, Florida, Genting, Goldman Sachs, Harrah's, International, Internet gambling, LVCVA, Politics, Sheldon Adelson, Station Casinos, Steve Wynn, Tamares Group, The Strip, Tropicana Entertainment, Wall Street
1 Comment
From the mailbag: Florida
From the Sunshine State comes this dispatch from one of S&G‘s far-flung network of reader correspondents. This player is obviously quite familiar with the state of gambling in the great State of Florida … Mardi Gras Casino opened with $100 … Continue reading
Posted in California, Florida, Genting, Harrah's, Isle of Capri, Marketing, Racinos, Regulation, Sheldon Adelson, Steve Wynn, Tribal, Wall Street
2 Comments
Singapore surges to all-time highs
Thanks to Marina Bay Sands (left) and Resorts World Sentosa, the city-state of Singapore posted record levels of tourism (13 million souls, a 13% increase) last year. While overall tourism-related revenues leapt 17%, entertainment spending — which of course includes … Continue reading
Posted in Current, Economy, Genting, International, Regulation, Sheldon Adelson, Singapore, Tourism
Comments Off on Singapore surges to all-time highs
And then there were three; What’s next in Florida?; New problem for Illinois
While the rest of America was betting on a little thing we call the Super Bowl … Unless it can find somebody to relieve it of a fourth and final gaming license, in southeastern Kansas, the Sunflower State’s casino-expansion program … Continue reading
Posted in Election, Genting, Illinois, Kansas, Massachusetts, Penn National, Politics, Racinos, Sheldon Adelson, Sports, Taxes, Tribal
2 Comments
Epic failure in Florida; Epic blowhard in Vegas
Neither the very conspicuous efforts of Genting Berhad and Las Vegas Sands nor the quieter ones of Wynn Resorts and Caesars Entertainment were sufficient to overcome entrenched conservatism in the Florida Legislature. State Rep. Erik Fresen (R) waved the surrender … Continue reading
Posted in Current, Donald Trump, Economy, Election, Genting, Harrah's, Internet gambling, Isle of Capri, Politics, Racinos, Regulation, Sheldon Adelson, Steve Wynn, The Strip, Tribal
1 Comment
Adelson denies having influence
Contrary to what the Washington Post reported and what Clark County GOP Chairman Dave Gibbs told The Associated Press, the man runs Las Vegas Sands says he had little or nothing to do with the rescheduling of Saturday’s Nevada Republican … Continue reading
Posted in Current, Election, Florida, Genting, Massachusetts, Sheldon Adelson
1 Comment
